WORLD GOLD INDICES

Gold Seeker Weekly Wrap-Up: Gold & Silver End the Week with Over 1% Gains By: Chris Mullen, Gold Seeker Gold traded mostly slightly higher in Asia and London before it steadily rose in late morning New York trade, doubled its gains in afternoon trade, and ended near its highs with a gain of 1.29%. Silver followed a similar pattern and gained 1.67%.

Banco Azteca, which has about 1,000 branches throughout Mexico, is about to launch a new service for those who like to save silver. It is the first bank in Mexico to offer this service; other banks are expected to follow suit, sooner or later.

The new service is called "Silver in the Vault". This service will provide savers with a safe place to store their one ounce silver "Libertad" coins, which Banco Azteca has been selling for some time now, having taken over the sale of these coins from its parent company, Grupo Elektra, which operates stores that retail durable household goods.