Professional Jeweler Archive: Metals Prices Head Lower

October 2000

Precious Metals & Bench/Data & Statistics


Metals Prices Head Lower

Even platinum growth slows in the second quarter


Gold

1999 2000

Gold prices hovered around $280 per ounce in the second quarter, but demand for gold jewelry rose (see story at left).

Platinum

1999 2000

The ascent of platinum prices cooled over the summer, averaging $570 per ounce. Prices are expected to pick up again this fall.

Silver

1999 2000

Silver prices fell to the lowest levels of the year during the second quarter and remained well under last year’s levels. Look for bargains for Christmas.

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