This was certainly an interesting week for the gold market. As of this post, the price of gold is about to notch its first winning week out of the last four weeks. Gold prices have been trending higher since July 5th, and the market can thank Ben Bernanke for a large portion-if not all of…

Gold Spot Price Open: $1,256 Gold Spot Price Close: $1,288 Change in Gold Spot Price: +$32 Silver Spot Price Open: $19.33 Silver Spot Price Close: $20.20 Change in Silver Spot Price:+$0.87 Gold and silver improved upon the small gains they made yesterday after a speech by Ben Bernanke helped ease the monetary policy firestorm. When…

After reaching multi-year lows in the past few weeks, gold and silver have rebounded in strong fashion to currently sit at $1,282 and $20.03, rising $26 and $0.70 on the day. These increases in price come upon the words of US Federal Reserve chairman Ben Bernanke, who indicated that despite the June minutes indicating a…

Gold Spot Price Open: $1,249 Gold Spot Price Close: $1,254 Change in Gold Spot Price: +$5 Silver Spot Price Open: $19.28 Silver Spot Price Close: $19.26 Change in Silver Spot Price:-$0.02 Gold and silver improved slightly on Wednesday thanks to the release of the latest Federal Open Market Committee meeting minutes as well as a…

Gold Spot Price Open: $1,237 Gold Spot Price Close: $1,249 Change in Gold Spot Price: +$12 Silver Spot Price Open: $19.13 Silver Spot Price Close: $19.28 Change in Silver Spot Price:+$0.15 Gold and silver posted modest gains again on Tuesday thanks to the ongoing situation in Egypt and some economic data out of China. At…

Gold Spot Price Open: $1,223 Gold Spot Price Close: $1,237 Change in Gold Spot Price: +$14 Silver Spot Price Open: $18.99 Silver Spot Price Close: $19.11 Change in Silver Spot Price:+$0.12 Gold and silver made some positive gains on Monday after a weekend that featured very few news stories. At the end of the day…

Gold prices are trading sharply higher today as some bargain hunters have entered the market following Friday’s sell off and some shorts cover positions. In addition, the ongoing unrest in Egypt is likely fueling some safe haven demand in the precious metals complex. The sell off in gold following last Friday’s non-farm payrolls data was…

Gold Spot Price Open: $1,249 Gold Spot Price Close: $1,223 Change in Gold Spot Price: -$26 Silver Spot Price Open: $19.60 Silver Spot Price Close: $18.91 Change in Silver Spot Price:-$0.69 Today was the day investors and market watchers have been looking forward to since the beginning of the week. A key US jobs report…

Gold prices are under a lot of pressure on Friday to end the week. After making what appeared to be a meaningful reversal last Friday off of the overnight lows, the gold market was showing some signs of life this past week. Many had thought that maybe, just maybe, the bottom was in-at least for…

Gold Spot Price Open: $1,245 Gold Spot Price Close: $1,255 Change in Gold Spot Price: +$10 Silver Spot Price Open: $19.45 Silver Spot Price Close: $19.81 Change in Silver Spot Price:+$0.36 Gold and silver both made modest gains on Wednesday due to more heated news out of Egypt. At the end of the day gold…

Gold Spot Price Open: $1,259 Gold Spot Price Close: $1,242 Change in Gold Spot Price: -$17 Silver Spot Price Open: $19.77 Silver Spot Price Close: $19.41 Change in Silver Spot Price:-$0.36 As tensions rise in Egypt it looked as though gold and silver were going to make some decent gains on the day, though after…

After last week’s crushing blows to both gold and silver, yesterday provided a bit of relief as both the metals gained a few percentage points back. Silver opened the day’s trading at $19.77, and currently sits at $19.43. Gold opened the day’s trading at $1,259, and currently sits at $1,248. Both of these prices represent significant…

Gold Spot Price Open: $1,235 Gold Spot Price Close: $1,253 Change in Gold Spot Price: +$18 Silver Spot Price Open: $19.66 Silver Spot Price Close: $19.67 Change in Silver Spot Price:+$0.01 Gold made some modest gains on Monday as silver stayed stagnant on what some are calling a corrective bounce. On the day gold picked…

Gold prices are stronger today-a lot stronger. Spot gold prices are up well over $20 per ounce and look poised to press their gains. Was a bottom put in on Friday when the market swooped down to fresh three year lows? It is impossible to say. What is appearing more and more likely however, is…

Gold Spot Price Open: $1,226 Gold Spot Price Close: $1,235 Change in Gold Spot Price: +$9 Silver Spot Price Open: $18.81 Silver Spot Price Close: $19.67 Change in Silver Spot Price:+$0.86 Gold and silver posted some modest gains on Friday to shed a positive light on an otherwise dismal week for precious metals. On the…

Well gold is certainly seeing some interesting price action today. Overnight, gold made fresh three year lows and was trading around the $1186 level before catching a bid and moving higher off of those lows.Could this finally be true capitulation in this market? We will see. The gold market has been widely covered this week…

Gold Spot Price Open: $1,231 Gold Spot Price Close: $1,200 Change in Gold Spot Price: -$31 Silver Spot Price Open: $18.76 Silver Spot Price Close: $18.50 Change in Silver Spot Price:-$0.26 Thanks to some remarks from the president of the Atlanta Federal Reserve, gold and silver continued on their very steep decline. Today alone saw…

Gold Spot Price Open: $1,278 Gold Spot Price Close: $1,227 Change in Gold Spot Price: -$51 Silver Spot Price Open: $19.66 Silver Spot Price Close: $18.59 Change in Silver Spot Price:-$1.07 Gold and silver experienced yet another day of major losses as the heavy liquidation of precious metals seems to be what most traders are…

Gold Spot Price Open: $1,277 Gold Spot Price Close: $1,277 Change in Gold Spot Price: NO CHANGE Silver Spot Price Open: $19.58 Silver Spot Price Close: $19.65 Change in Silver Spot Price:+$0.07 Gold and silver started the day making some very small gains, though later in the day things corrected themselves as both metals finished…

Gold Spot Price Open: $1,298 Gold Spot Price Close: $1,283 Change in Gold Spot Price:-$15 Silver Spot Price Open: $20.17 Silver Spot Price Close: $19.71 Change in Silver Spot Price:-$0.46 Gold and silver lost some more value today as not much has changed in the broad view of the world economic atmosphere. At the end…

Gold prices are under some pressure here today to begin the week.  Following a slight rebound in prices on Friday, the yellow metal is taking its cues largely from outside markets today as investors are continuing to shed risk. Overnight, the Shanghai index lost a whopping 5.3% on fears of a liquidity crunch. That investor…

Upon the open this morning, silver has fallen another $0.50 to currently sit at $19.68. This is one of the lowest spot prices we have seen in a long time, and to complement the excellent spot pricing we are running a short-term special on 2013 Canadian Silver Maple Leafs. Silver Maple Leafs – Only $2.45…

Gold Spot Price Open: $1,291 Gold Spot Price Close: $1,295 Change in Gold Spot Price:+$4 Silver Spot Price Open: $19.95 Silver Spot Price Close: $20.08 Change in Silver Spot Price:+$0.13 Gold and silver made small gains on Friday, but for the most part remained stagnant. After a collapse as monumental as we saw on Thursday,…

Well what a week it has been for gold and the precious metals. This past week saw gold prices fall from near the $1400 area to well below the  $1300 level. This past week’s FOMC announcement and the Ben Bernanke press conference that followed have caused markets to shudder. The great debate appears to now…

After enormous, shocking drops for both gold and silver yesterday, the metals have opened today in a bit of a holding pattern. Gold is down a quarter to $1,291, while silver is down a penny to $19.94. Both of these prices represent 6-8% drops since Tuesday closes of $1,369 and $21.68 for gold and silver…