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GoldCore Precious Metals Update, 21 February 2011

|Includes: SPDR Gold Trust ETF (GLD), SLV

Gold and Silver

Today is a US holiday and gold is trading at $1,398/oz this morning but silver is the real mover with a 3.25% increase since Friday’s close, currently trading at $33.41/oz. On the currencies, gold trades up across all the majors showing £861.67/oz and €1,022/oz respectively; silver trades at £20.58/oz and €24.41/oz.

Platinum Group Metals

Platinum group metals have showed mixed reactions with platinum trading up $6/oz at $1,841/oz. Palladium trades up $10/oz at $855/oz, while rhodium trades down $30/oz at $2,400 per ounce.