Gold opened the year with an unchanged price at $1,422 an ounce, silver went up to $31.49 per ounce, a 30 year high and copper rose 1% to $4.49 per ounce, an all time high. Last year these precious medals saw record gains in the first part of the year and continuing throughout the year. This year the dollar is slightly stronger which is typically inverse to the price of gold and other precious metals. Last year Gold went up 1.1% in February. In March of 2010 silver went up 1.39% and in April of last year platinum went up 1.94%. It’s likely the prices of these metals will not rise as much this year because they are already at all time highs and the U.S. dollar is slightly stronger than it was last year yet the dollar is still increasing. Safe haven investors are hoping that these precious metals have another good year after a great year last year.

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