Homepage / Archived News or Quarterly News / 4th Quarter 2012
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 4th Quarter of 2012. Every news link was originally posted on this guide's homepage.
The charts below are provided courtesy of
Gold Price Chart (Jan. 1st, 2010 - Dec. 31st, 2012)
Bullion News
During the previous quarter, gold's price increased from the $1500s to over $1700.00 per troy ounce.
The Golden Cross late in the last quarter was a bullish signal. However, other things were going on in the world that were affecting the price of gold. Two significant events were the U.S. Presidential Elections, and the mainstream media frequently discussed the dreaded "Fiscal Cliff."
These two current events left gold, silver, and platinum searching for a positive or negative direction; ultimately, all three precious metals ended the year negatively. Palladium, on the other hand, ended 2012 on a positive uptrend.
In addition, 2012 was significant because the Bush Tax Cuts expired on December 31, 2012. This change led to an increase in Capital Gains taxes starting in 2013. As a result, many investors sold assets that had accrued substantial profits (capital gains) before 2012 ended.
Gold Price Chart (Oct. 1st, 2012 - Dec. 31st, 2012)
Gold Price Chart (Oct. 1st, 2011 - Sept. 30th, 2012)
Bullion News
Silver Price Chart (Jan. 1st, 2010 - Dec. 31st, 2012)
Bullion News
Silver was also affected by the current events in the United States, namely the Presidential election and Fiscal Cliff debate.
For more than a year, Silver's price support level has been above $26.00 a troy ounce (chart above); its low for the 4th quarter of 2012 was $29.64, well above its support level.
Silver Price Chart (Oct. 1st, 2012 - Dec. 31st, 2012)
Silver Price Chart (Oct. 1st, 2011 - Dec. 31st, 2012)
Bullion News
Platinum Price Chart (Jan. 1st, 2010 - Dec. 31st, 2012)
Bullion News
In 2011 and 2012, platinum's spot price repeatedly tested the $1300 per troy ounce support level. However, strikes by platinum miners in South Africa caused a price spike in the previous quarter.
Platinum stayed above $1500 a troy ounce during the last quarter of 2012.
More than 50% of the World's Platinum supply comes from South Africa, and with supply constraints continuing in the nation, Platinum's spot price should stay above the lows it hit in 2012.
Platinum Price Chart (Oct. 1st, 2012 - Dec. 31st, 2012)
Platinum Price Chart (Oct. 1st, 2011 - Dec. 31st, 2012)
Bullion News
Palladium Price Chart (Jan. 1st, 2010 - Dec. 31st, 2012)
Bullion News
Like Platinum, Palladium also tested its support levels in 2011 and 2012. But unlike the other precious metals, Palladium's price hit a quarterly high of $710.80 a troy ounce.
Platinum and Palladium are both mined in South Africa and Russia.
Over 50% of Platinum Metals Group (PMG) supply comes from South Africa, with the remainder primarily sourced from Russia and a few mines in North America, such as North America Palladium.
South Africa saw supply restraints due to striking miners, and Russia reportedly had lower stockpiles. Both issues caused palladium's price to increase due to higher industrial demand by the automotive industry.
Palladium Price Chart (Oct. 1st, 2012 - Dec. 31st, 2012)
Palladium Price Chart (Oct. 1st, 2011 - Dec. 31st, 2012)
Bullion News
The charts above are provided 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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