Gold powers to new NY high, silver up on ETF launch


NEW YORK, April 28 (Reuters) - Gold futures in New York shot to a 25-year high above $650 on Friday morning, buoyed by a falling dollar and a pop in silver triggered by the launch of the first silver-backed security, dealers said. Gold jumped 1.6 percent and silver surged 4 percent by midmorning as players built positions in the precious metals ahead of the weekend. Higher oil prices and tensions over Iran's nuclear capabilities also fueled the advance. "There's active buying interest, ...

Premium Content (PAID Subscription Required)

"Gold powers to new NY high, silver up on ETF launch" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×