Posted on November 22, 2013
Gold prices are flat to slightly higher to start trading on Friday. The market appears to be trying to stop the bleeding that it began experiencing earlier in the week as prices tumbled nearly $50 per ounce between Monday and Wednesday. Gold prices are now below some meaningful support levels, most notably the lows reached…
Posted on November 21, 2013
Gold Spot Price Open: $1,260 Gold Spot Price Close: $1,243 Change in Gold Spot Price: -$17 Silver Spot Price Open: $20.15 Silver Spot Price Close: $20.03 Change in Silver Spot Price: -$0.12 Precious metals fared poorly for yet another day on Thursday as the marketplace was, for the most part, continuing to focus on yesterday’s…
Posted on November 20, 2013
Gold Spot Price Open: $1,274 Gold Spot Price Close: $1,245 Change in Gold Spot Price: -$29 Silver Spot Price Open: $20.39 Silver Spot Price Close: $19.90 Change in Silver Spot Price: -$0.49 Gold and silver spot values both took significant hits on Wednesday as the FOMC minutes were more bearish than anything else. When the…
Posted on November 19, 2013
Gold Spot Price Open: $1,273 Gold Spot Price Close: $1,276 Change in Gold Spot Price: +$3 Silver Spot Price Open: $20.43 Silver Spot Price Close: $20.45 Change in Silver Spot Price: +$0.02 Gold and silver both finished marginally higher on Tuesday as investors are gearing up for a busy Wednesday highlighted by the release of…
Posted on November 18, 2013
Gold Spot Price Open: $1,290 Gold Spot Price Close: $1,275 Change in Gold Spot Price: -$15 Silver Spot Price Open: $20.84 Silver Spot Price Close: $20.41 Change in Silver Spot Price: -$0.43 Gold and silver declined a bit on Monday as a bearish market for precious metals is still in full effect. On the day,…
Posted on November 18, 2013
Gold prices are under a little bit of pressure to begin the new trading week as the bears retain control of the market. The gold market has not been able to take trade above its 9 day EMA after testing this level the last few sessions, and thus seeing some selling here to start the…
Posted on November 15, 2013
Gold Spot Price Open: $1,288 Gold Spot Price Close: $1,289 Change in Gold Spot Price: +$1 Silver Spot Price Open: $20.82 Silver Spot Price Close: $20.83 Change in Silver Spot Price: +$0.01 Gold and silver made negligible gains on Friday as there were few inputs strong enough to push metals in either direction. At the…
Posted on November 15, 2013
Gold prices are seeing small gains this morning to cap off the week. The gold market for now however, does appear to be fighting a bit of an uphill battle. The buying seen on Wednesday and Thursday appears to have run its course at least for now, and we’ll have to see if the bulls…
Posted on November 14, 2013
Gold Spot Price Open: $1,273 Gold Spot Price Close: $1,288 Change in Gold Spot Price: +$15 Silver Spot Price Open: $20.61 Silver Spot Price Close: $20.84 Change in Silver Spot Price: +$0.23 Gold and silver made some modest gains for the first time in a little over a week. When all was said and done,…
Posted on November 13, 2013
Gold Spot Price Open: $1,276 Gold Spot Price Close: $1,283 Change in Gold Spot Price: +$7 Silver Spot Price Open: $20.92 Silver Spot Price Close: $20.69 Change in Silver Spot Price: -$0.23 Gold and silver experienced mixed results on Wednesday, though neither metal did much moving by the time things were all said and done….
Posted on November 13, 2013
If you have been waiting for the right time to buy silver and enhance your investment portfolio, today may be the right time to act. Silver prices continue to fall this morning, and for the week the spot price has dipped ~$.80 at the time of this posting. To help you take advantage of this…
Posted on November 12, 2013
Gold Spot Price Open: $1,282 Gold Spot Price Close: $1,268 Change in Gold Spot Price: -$14 Silver Spot Price Open: $21.37 Silver Spot Price Close: $20.79 Change in Silver Spot Price: -$0.58 Gold and silver both continued along their respective declines on Tuesday due to increased technical selling pressure. When all was said and done,…
Posted on November 11, 2013
Gold Spot Price Open: $1,288 Gold Spot Price Close: $1,283 Change in Gold Spot Price: -$5 Silver Spot Price Open: $21.49 Silver Spot Price Close: $21.42 Change in Silver Spot Price: -$0.07 Gold and silver posted modest losses amid a quieter trading session on Monday. When the closing bell rang in the US gold was…
Posted on November 11, 2013
Gold prices are trading moderately lower this morning after trading down in the overnight session to the lowest level since mid-October. It is a European holiday as well as Veteran’s Day here in the U.S. and therefore with banks and many government agencies closed for the holiday, trading action is likely to be fairly tame….
Posted on November 08, 2013
Gold Spot Price Open: $1,308 Gold Spot Price Close: $1,288 Change in Gold Spot Price: -$20 Silver Spot Price Open: $21.67 Silver Spot Price Close: $21.56 Change in Silver Spot Price: -$0.11 Gold and silver both continued along their respective declines on Friday as investors witnessed a far better than expected employment report for October….
Posted on November 08, 2013
Gold prices are under pressure this morning as a blockbuster U.S. non-farm payrolls report has reignited talk of the Fed tapering its bond purchases next month. Non-farm payrolls added 204,000 jobs which was well above consensus estimates of 120,000. In addition, the data from August and September was revised higher and thus the economy added…
Posted on November 07, 2013
Gold Spot Price Open: $1,318 Gold Spot Price Close: $1,306 Change in Gold Spot Price: -$12 Silver Spot Price Open: $21.85 Silver Spot Price Close: $21.65 Change in Silver Spot Price: -$0.20 Gold and silver posted losses on Thursday as the ECB went ahead with slashing its key interest rate. When all was said and…
Posted on November 06, 2013
Gold Spot Price Open: $1,310 Gold Spot Price Close: $1,318 Change in Gold Spot Price: +$8 Silver Spot Price Open: $21.68 Silver Spot Price Close: $21.87 Change in Silver Spot Price: +$0.19 Gold and silver posted small gains as what were once bearish outside forces are becoming more bullish. When all was said and done,…
Posted on November 05, 2013
Gold Spot Price Open: $1,318 Gold Spot Price Close: $1,312 Change in Gold Spot Price: -$6 Silver Spot Price Open: $21.82 Silver Spot Price Close: $21.74 Change in Silver Spot Price: -$0.08 Gold and silver remained mostly stagnant on Tuesday as bearish data continued to put downward pressure on both gold and silver. At the…
Posted on November 04, 2013
Gold Spot Price Open: $1,314 Gold Spot Price Close: $1,315 Change in Gold Spot Price: +$1 Silver Spot Price Open: $21.90 Silver Spot Price Close: $21.71 Change in Silver Spot Price: -$0.19 Gold and silver maintained a level heading on Monday on a mostly quiet day. When all was said and done, gold gained only…
Posted on November 04, 2013
Gold prices are trading slightly higher to kick off the new trading week. The precious metals complex is mixed however, and there does not appear to be a whole lot of conviction one way or the other today. A bounce in gold would not be unexpected following the selling pressure seen in the metal last…
Posted on November 01, 2013
Gold Spot Price Open: $1,324 Gold Spot Price Close: $1,317 Change in Gold Spot Price: -$7 Silver Spot Price Open: $21.95 Silver Spot Price Close: $21.92 Change in Silver Spot Price: -$0.03 Gold and silver continued along their decline on Friday, though losses were not nearly as significant as they were a day ago. When…
Posted on November 01, 2013
Gold has seen some decent selling pressure this week following the FOMC announcement on Wednesday afternoon. After rallying from a swing low in the $1250 area in the middle of last month, gold prices saw some fresh buying enter the market as shorts covered and the budget crises caused some safe-haven buying. Prices topped out…
Posted on October 31, 2013
Gold Spot Price Open: $1,355 Gold Spot Price Close: $1,325 Change in Gold Spot Price: -$30 Silver Spot Price Open: $23.13 Silver Spot Price Close: $21.95 Change in Silver Spot Price: -$1.18 Gold and silver suffered modest losses on Thursday as the marketplace has digested yesterday’s FOMC statement and deemed it bearish for precious metals….
Posted on October 31, 2013
The spot price of silver is on the move this morning (down $1.08 at the time of this posting), and now is a great time to take advantage of special pricing on our 100 oz silver bars. Silver bars already carry some of the lowest premiums over spot, and our free shipping on orders over $2,500…