Posted on September 09, 2013
Gold Spot Price Open: $1,392 Gold Spot Price Close: $1,387 Change in Gold Spot Price: -$5 Silver Spot Price Open: $24.01 Silver Spot Price Close: $23.74 Change in Silver Spot Price:-$0.27 Gold and silver both made losses on Monday as the situation in Syria is making the biggest news on the day. When all was…
Posted on September 09, 2013
Gold prices are essentially flat to kick off the new trading week as traders await any news regarding Syria as well as any news on the Fed. President Obama is expected to discuss the Syrian crises on Monday before delivering a televised speech tomorrow night. The President’s comments will likely shed some more light on…
Posted on September 06, 2013
After working lower the last couple sessions, gold is getting a nice bounce today going into the weekend. The gold market continues to have two areas of focus. Obviously, the situation regarding Syria is critical and will be closely monitored by investors. Secondly, investors continue to watch the data stream as talk of a September…
Posted on September 05, 2013
Gold Spot Price Open: $1,389 Gold Spot Price Close: $1,369 Change in Gold Spot Price: -$20 Silver Spot Price Open: $23.47 Silver Spot Price Close: $23.29 Change in Silver Spot Price:-$0.18 Gold and silver both lost a decent amount of value on Thursday as some better than expected economic data was released ahead of tomorrow’s…
Posted on September 04, 2013
Gold Spot Price Open: $1,409 Gold Spot Price Close: $1,392 Change in Gold Spot Price: -$17 Silver Spot Price Open: $24.43 Silver Spot Price Close: $23.55 Change in Silver Spot Price:-$0.88 Gold and silver gave back most of the gains they had made over the past two days as Wednesday was rampant with profit-taking investors….
Posted on September 04, 2013
Silver has slipped $0.90 from yesterday’s closing price, as sellers are closing out profitable positions and the US economy has shown further signs of life. This $0.90 slip represents a ~4% dip off the Tuesday high, offering a seemingly excellent buying opportunity in the midst of silver’s recent climb. 2013 American Silver Eagles from $2.69…
Posted on September 02, 2013
As of today the U.S. Is still mulling over its options for a potential military strike against Syria. Although the chances of a strike appeared to recede late last week going into the long Labor Day holiday weekend, we feel it is likely we see some type of action in the near future. What that…
Posted on August 30, 2013
We have had a few popular silver products come back into stock this week, as well as a few brand new products show up in inventory this morning. With silver sitting about $0.50 below yesterday’s close, this may be an excellent time to take a look at these new offerings from JM Bullion. Morgan Silver…
Posted on August 30, 2013
Well what a week it has been. The U.S. could be on the verge of initiating airstrikes against Syria after it was determined that the Syrian government used chemical weapons against rebels. This situation is horrific enough to begin with, but has snowballed into a potential geopolitical crises of extreme proportions as action by the…
Posted on August 27, 2013
Gold Spot Price Open: $1,394 Gold Spot Price Close: $1,416 Change in Gold Spot Price: +$22 Silver Spot Price Open: $24.09 Silver Spot Price Close: $24.56 Change in Silver Spot Price:+$0.47 Gold and silver made some positive gains on Tuesday in the wake of investor uncertainty due to the possibility of increased violence in Syria….
Posted on August 27, 2013
With the precious metals markets heating up, we have been able to further reduce premiums this week on some of our most popular silver products. Both our 2013 American Silver Eagles and our 1 oz Sunshine Silver Rounds have seen significant premium reductions, and are priced at some of the lowest premiums we’ve seen all…
Posted on August 26, 2013
Gold prices hit ten week highs overnight before pulling back a bit. Although some back and fill is to be expected price wise, the gold market looks very strong right now and appears poised to notch more gains in the coming sessions. Gold prices are moving higher despite the notion that the Fed will likely…
Posted on August 23, 2013
The gold market has continued to show signs of underlying strength this past week. Although gold prices essentially traded in a range from $1360-$1380, the fact that prices have not given up a lot of ground is bullish. In fact,following this week’s FOMC minutes we don’t think there is any shred of doubt in anyone’s…
Posted on August 20, 2013
Both gold and silver are continuing their hot streaks, as gold is up $12.50 on the day, sitting at $1,377, while silver is up $0.16 on the day, sitting at $23.32. Over the past week, gold has ascended $40, while silver is up nearly $2. Despite surging demand, we have maintained deep inventory levels and…
Posted on August 19, 2013
Gold prices are trading near the unchanged mark to kick off the week. Following recent gains in gold, a period of consolidation would not come as a surprise. In fact, it would be healthy for this market in order to do another leg higher in prices. This week is extremely light in terms of data…
Posted on August 16, 2013
Both gold and silver have made strong positive moves in the past few days, and the outlook is bright. Our latest Market Review points to a weaker dollar as a likely reason for the upward movement this week. Silver Morgans in Stock Our Morgan Silver Dollars have returned to inventory, and are in stock and…
Posted on August 16, 2013
Well what a week it has been for gold and precious metals. To start the week off , gold prices opened higher Sunday night and never looked back. Prices on Monday blasted through the 50 day EMA like a knife through warm butter. Although the market retraced a little bit and flirted with the 50…
Posted on August 14, 2013
Silver has made a strong surge this week, presently sitting at $21.59, while gold has ascended to a present price of $1,324. As our inventory has begun to normalize off this demand, we are able to run some specials on popular products, such as our 1 oz Golden State Mint silver Buffalo rounds. 1 oz…
Posted on August 12, 2013
Gold prices are starting the week off on the right foot. As of this post, spot gold prices are trading higher by over $15.00 per ounce as the market looks to break out to the upside from its recent price range. There are a number of bullish influences effecting the gold market right now, and…
Posted on August 09, 2013
As the precious metals markets have continued to stabilize, we have been able to offer some of our lowest premiums on popular products in months. At the time of this writing, we have 2013 American Silver Eagles in stock and ready for shipment as low as $2.89 over spot per ounce. We also have added…
Posted on August 06, 2013
With the metals markets trading sideways, we have an exciting announcement of some new product offerings at JM Bullion. Based on customer request, we have re-established our relationship with SilverTowne and now carry 9 SilverTowne silver bars. All of our new SilverTowne additions are .999 pure, and priced very aggressively within the market. New SilverTowne…
Posted on August 05, 2013
Gold prices are moderately lower Monday to start the new trading week. This week is light in terms of data here in the U.S. There are some federal reserve presidents speaking however, and their comments will likely be closely scrutinized for any additional clues on the future of the Fed’s QE program. Unfortunately, this debate…
Posted on August 02, 2013
Silver has made a strong upward move this morning, currently sitting at $20, representing a $0.28 increase in price off of yesterday’s close. To complement this recent surge in silver spot prices, we are running an across the board sale on silver bullion products. For details on our drastic cuts in above spot pricing, read…
Posted on July 31, 2013
For a limited time only, we are running a fantastic promotion on two of our best selling 1 oz silver items. JM Bullion customers can purchase either 1 oz GSM silver rounds or 1 oz OPM silver rounds, in any quantity, for only $0.99 over spot per ounce. These prices reflect wholesale discounts, available to…
Posted on July 26, 2013
After posting strong gains on Monday, the gold bulls appear to have run out of gas-at least for now. Gold prices are set to finish the week higher however, and should they do so it would be the third consecutive week higher for prices. This past week was relatively light data wise however, the data…