Gold Prices Today 3-6-09

Gold Prices Today

Gold prices today for the week ending on March 6, 2009 were a mixed bag. As you can see on the gold price chart below, the price of gold began the week at $939.47 per troy oz of gold. On Monday the price of gold rallied to almost$960 until falling below $910 an ounce of gold. By the end of the week, gold prices rebounded to where the price of gold was at the beginning of the week, $939 per troy oz.

Gold Price Chart 3-6-09

Zinc Prices, Silver Prices and Copper Prices

Like the price of gold all metals rebounded by the end of the week. The price of oil was up $2 and the price of zinc, copper and silver all rallied by the end of the week. While the price of gold rallied on Friday, there was not much volume in gold trading.

Platinum Prices Today

One of the more surprising metals this week was platinum. The price of platinum rose about $1000 and in fact almost reached $1,100. Many have predicted that the price of platinum would remain low because its demand is low right now in the auto industry. However, the platinum market is much smaller than the gold market. But, the price of platinum has a long way to go before reaching its high of $2,273 per ounce of platinum in March 2008.

That is it for the Gold Prices Today weekly gold report. Next week we will provide another review of the week’s gold prices.

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