Silver, Platinum and Palladium Futures this past week
New York (Dec 22) Silver led percentage gains among precious metals on Friday, and it dropped the least on the week as a result. Silver for March delivery advanced 26.4 cents, or 1.4%, to close at $19.45 an ounce. Prices fell 0.8% on the week.
In rounding out the precious metals complex:
-
Snapping a seven-session losing streak, January platinum tacked on $13.80, or 1.1%, to $1,332.20 an ounce. Platinum prices for the week declined 2.3%.
- Higher for the first time in four sessions, palladium for March delivery rose $2.45, or 0.4%, to $698.75 an ounce. Palladium ended 2.4% lower than a week ago.
The following grid shows the net percentage changes in New York precious metals futures through Dec. 20, the completed quarters in 2013 and the year-to-date.
| New York Precious Metals Gains / Losses (%) | |||||
|---|---|---|---|---|---|
| December | 1st Quarter | 2nd Quarter | 3rd Quarter | YTD 2013 | |
| Silver | -2.9 | -6.3 | -23.3 | 11.5 | -35.7 |
| Gold | -3.7 | -4.8 | -31.3 | 8.4 | -28.2 |
| Platinum | -2.7 | 2.1 | -14.9 | 5.4 | -13.6 |
| Palladium | -2.9 | 9.2 | -14.0 | 10.1 | -0.7 |
