Homepage / Archived News or Quarterly News / 1st Quarter 2012
When investing in any market, a good way to judge price movement in the future is to learn from the past.
Peter Lynch, one of the most respected investors of the twentieth century and author of "One Up on Wall Street" and "Beating the Street," once said, "Investing without research is like playing stud poker and never looking at the cards."
This page provides a comprehensive overview of gold, silver, platinum, and palladium during the quarter.
For each of the precious metals, you'll find charts. Below the charts, you will find Bullion News Headlines from the 1st Quarter of 2012. Every news link was originally posted on this guide's homepage.
The charts below are provided by the courtesy of
Gold Price Chart (Jan. 1st, 2011 - Mar. 31st, 2012)
Bullion News
In the last week of Q4 2011, gold's price reached a low of $1,523.90 per troy ounce. While the yearly chart indicates that gold's price is beginning a new uptrend, the quarterly chart presents a different story.
In the first month of the quarter, the chart shows us two golden crosses, which are very bullish technical signals. The first Golden Cross occurred when the 10-day Moving Average (MA) crossed above the 200-day MA. A few days later, the 10-day MA also crossed the 50-day MA.
After the price of gold tested the $1800 resistance level in late February, it dropped, and a Death Cross Signal appeared on gold's quarterly charts.
The first "death cross" occurred when the 10-day moving average fell below the 50-day moving average. A few days later, the 10-day moving average also dropped below the 200-day moving average, forming the second "death cross."
Gold Price Chart (Jan. 1st, 2012 - Mar. 31st, 2012)
Bullion News
Silver Price Chart (Jan. 1st, 2011 - Mar. 31st, 2012)
Bullion News
Like gold, silver's price bottomed at $26.30 during the last week of the last quarter.
Silver's price began a new uptrend in the first quarter of 2012. The golden cross that occurred early in the quarter was a positive indicator for the direction of silver's price.
After more than a month of positive movement, the silver bulls faced a death cross in mid-March, where the 10-day moving average fell below the 50-day moving average. This was a clear indication that lower silver prices were on the horizon.
Silver Price Chart (Jan. 1st, 2012 - Mar. 31st, 2012)
Bullion News
Platinum Price Chart (Jan. 1st, 2011 - Mar. 31st, 2012)
Bullion News
Like Gold and Silver, Platinum's spot price hit bottom in the last week of the last quarter (q4 2011) at $1347.60.
In addition, much like Gold and Silver's price charts, Platinum developed a golden cross in January of 2012, when the 10MA crossed above the 50MA. However, unlike gold and silver, platinum's golden cross gave platinum's price solid support for the first two months of the quarter.
Additionally, the second golden cross during the quarter occurred when the 10-day moving average (10MA) rose above the 200-day moving average (200MA). This provided support for platinum's spot price for the remainder of the quarter. However, volume indicated that more sellers were returning to the market, and the MACD showed signs of breaking down.
Platinum Price Chart (Jan. 1st, 2012 - Mar. 31st, 2012)
Bullion News
Palladium Price Chart (Jan. 1st, 2011 - Mar. 31st, 2012)
Bullion News
Palladium's price was mostly positive for the first half of the quarter.
By mid-February, sellers began to outnumber buyers, and by March, it was evident that sellers clearly outnumbered buyers in the Palladium market. The trend continued for the rest of the quarter.
Palladium Price Chart (Jan. 1st, 2012 - Mar. 31st, 2012)
Bullion News
The charts above are provided by the courtesy of
The Quarterly News starts with the end of the quarter articles, first.
Please be aware that not all of the links below are working; they have been retained because the headlines provide information on the state of the markets at the time.
For Bullion Market News....
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