The cost of precious metals trading results on February 20 in New York rose . The official spot prices were: Gold – 1324 usd . / Ounce ( 0.92 %), silver – 21.92 usd . / Ounce ( 1.32 % ), platinum – 1420.0 usd . / Oz ( 0 , 14%) , palladium – 740.0 usd . / ounce ( 0.41 %).
Gold prices remain above the critical level of 200 -day moving average , analysts Commerzbank, but the gold market may be under slight pressure , given that since the beginning of the year metal increased by 10% . In all likelihood , market participants ignore the message in one of the business newspapers , stating that the Indian government before the end of February may reduce the import duty on gold by 2-4% .
Interesting statistics can be gleaned from reports that investors are required to submit to the Securities and Exchange Commission (SEC) USA. In IV quarter 2013. sale largest ETF- Fund Gold – SPDR Gold Trust – reached 2.28 million ounces. This represents 66 % of the total outflow from the SPDR Gold Trust during this period. The largest sellers became JPMorgan, Credit Suisse, Bank of America and Morgan Stanley. In contrast, hedge fund John Paulson (the largest contributor) retained their deposits intact. In general, in the IV quarter of hedge funds were net buyers .
On Friday , February 21 , at 8:00 MSK gold futures stood at 1317.8 usd . / Ounce ( 0.07 %), silver – 21.63 usd . / Ounce ( -0.27 % ), platinum – 1415.99 usd . / ounce ( 0.25 %) , palladium – 735 usd . / ounce ( -0.17 %).