Silver, Platinum and Palladium Futures

London (Dec 1)  Silver enjoyed the biggest gains among precious metals on Friday and on the week yet it also declined the most in November. On Friday, silver for March delivery rallied 35.1 cents, or 1.8%, to close at $20.03 an ounce. It advanced 0.9% from a week ago and lost 8.4% for the month.

In PGM futures on Friday, for the week and for the month:

  • January platinum rose $16.10, or 1.2%, to settle at $1,368.80 an ounce. It declined 1% on the week and shed 5.5% in November.

  • Palladium for March delivery climbed $3.70, or 0.5%, to $719.65 an ounce. It gained 0.8% from a week ago and lost 2.3% for the month.

The following grid shows the net percentage changes in New York precious metals futures for November, the completed quarters in 2013 and the year-to-date.

  

New York Precious Metals Gains / Losses (%)
  November 1st Quarter 2nd Quarter 3rd Quarter YTD 2013
Silver -8.4 -6.3 -23.3 11.5 -33.7
Gold -5.5 -4.8 -31.3 8.4 -25.4
Platinum -5.5 2.1 -14.9 5.4 -11.3
Palladium -2.3 9.2 -14.0 10.1 2.3