JMBullion.com Blog

Market Overview: Gold is posting some solid gains in early trade today as investors continue to digest the most recent FOMC meeting commentary. Following some very weak GDP data released this morning, it would seem that the Fed may be more unlikely to raise rates at their next meeting in September. This notion is driving…

Gold Spot Price Open: $1,329 Gold Spot Price Close: $1,337 Change in Gold Spot Price: +$8 Silver Spot Price Open: $20.01 Silver Spot Price Close: $20.13 Change in Silver Spot Price: +$0.12 Precious metals have picked up some lost ground through the middle parts of this week and are back to winning ways, or so…

Gold Spot Price Open: $1,323 Gold Spot Price Close: $1,322 Change in Gold Spot Price: -$1 Silver Spot Price Open: $19.70 Silver Spot Price Close: $19.59 Change in Silver Spot Price: -$0.11 Precious metals did not do much moving on Tuesday and finished the day not very far off from where they started it. When…

Gold Spot Price Open: $1,324 Gold Spot Price Close: $1,318 Change in Gold Spot Price: -$6 Silver Spot Price Open: $19.70 Silver Spot Price Close: $19.52 Change in Silver Spot Price: -$0.18 Precious metals opened up this week in much the same way that they finished last week, by moving downward. By day’s end, gold…

Market Overview: Both gold and silver are seeing some moderate selling pressure today as recent equity market upside and a lack of fresh bullish inputs drive profit taking. Any movement in gold this week may, however, be somewhat limited in scope ahead of Wednesday’s FOMC meeting. The Bank of Japan will also be meeting later…

Gold Spot Price Open: $1,331 Gold Spot Price Close: $1,324 Change in Gold Spot Price: -$7 Silver Spot Price Open: $19.83 Silver Spot Price Close: $19.59 Change in Silver Spot Price: -$0.24 Precious metals, after gaining on Thursday, ended up losing more value to close out the week. When all was said and done, gold…

Market Overview: Gold and silver are under some slight pressure today as stocks appear to be poised to bounce back once trading opens for the day. Calling this past week uneventful for gold would be an understatement. The yellow metal has traded in a very tight range all week, and investors may simply be waiting…

Gold Spot Price Open: $1,320 Gold Spot Price Close: $1,333 Change in Gold Spot Price: +$13 Silver Spot Price Open: $19.58 Silver Spot Price Close: $19.73 Change in Silver Spot Price: +$0.15 After suffering through most of the first half of the week, precious metals have recovered nicely on Thursday. When all was said and…

Gold Spot Price Open: $1,336 Gold Spot Price Close: $1,316 Change in Gold Spot Price: -$20 Silver Spot Price Open: $20.01 Silver Spot Price Close: $19.25 Change in Silver Spot Price: -$0.76 Precious metals extended their poor run of form on Wednesday as stronger equities and a stronger greenback sent spot values downward. When all…

Gold Spot Price Open: $1,331 Gold Spot Price Close: $1,334 Change in Gold Spot Price: +$3 Silver Spot Price Open: $20.09 Silver Spot Price Close: $19.88 Change in Silver Spot Price: -$0.21 Precious metals spent most of the day on Tuesday around even thanks to a general lack of fresh news for investors to react…

Gold Spot Price Open: $1,340 Gold Spot Price Close: $1,331 Change in Gold Spot Price: -$9 Silver Spot Price Open: $20.31 Silver Spot Price Close: $20.01 Change in Silver Spot Price: -$0.30 Precious metals spun their wheels to begin the week thanks to some profit-taking in conjunction with a keener risk-appetite on the part of…

Market Overview: The gold market is seeing some modest gains in early trade today while the silver market sees some modest losses. Gold has been on the defensive in recent sessions, and could potentially see some additional downside pressure as stocks move further into new all-time high territory. Some profit taking in gold should come…

Gold Spot Price Open: $1,335 Gold Spot Price Close: $1,340 Change in Gold Spot Price: +$5 Silver Spot Price Open: $20.33 Silver Spot Price Close: $20.20 Change in Silver Spot Price: -$0.13 Gold and silver both spun their wheels to close out what has been a less than stellar week. When all was said and…

Market Overview: The gold market is seeing some modest selling pressure in early trade as stocks move slightly higher and interest rates rise. Markets are not showing much of a reaction to yesterday’s terrorist attack in France, and unfortunately it seems that such events have become frequent enough that any market response is limited. The…

Gold Spot Price Open: $1,347 Gold Spot Price Close: $1,340 Change in Gold Spot Price: -$7 Silver Spot Price Open: $20.43 Silver Spot Price Close: $20.26 Change in Silver Spot Price: -$0.17 Precious metals lost value on Thursday after some better than expected US economic data was dealt. When all was said and done, gold…

Gold Spot Price Open: $1,337 Gold Spot Price Close: $1,349 Change in Gold Spot Price: +$12 Silver Spot Price Open: $20.21 Silver Spot Price Close: $20.38 Change in Silver Spot Price: +$0.17 Precious metals rebounded a bit on Wednesday after conceding value to stronger equities a day earlier. When all was said and done, gold…

Gold Spot Price Open: $1,358 Gold Spot Price Close: $1,337 Change in Gold Spot Price: -$21 Silver Spot Price Open: $20.32 Silver Spot Price Close: $20.13 Change in Silver Spot Price: -$0.19 Precious metals conceded a bit of value on the 2nd day of trading this week, thanks mostly to an increased risk-appetite amongst investors….

Gold Spot Price Open: $1,368 Gold Spot Price Close: $1,357 Change in Gold Spot Price: -$11 Silver Spot Price Open: $20.53 Silver Spot Price Close: $20.22 Change in Silver Spot Price: -$0.31 Metals pulled back for most of the day on Monday and ended up losing some value by the time everything settled. When all…

Market Overview: The gold market is flat to slightly lower early this morning after trading higher in overnight action. After seeing some very strong gains in recent weeks, gold appears to be consolidating a bit before more potential upside. Even as stocks attempt to make fresh all-time highs, the gold market is seemingly well supported…

Market Overview: After being down earlier in today’s session, the gold market once again saw buyers entering the market even as stocks saw significant upside and risk aversion appeared to be on the decline. Gold remains within earshot of recent highs that could potentially see the market begin a fresh and significant leg higher in…

Gold Spot Price Open: $1,360 Gold Spot Price Close: $1,367 Change in Gold Spot Price: +$7 Silver Spot Price Open: $19.74 Silver Spot Price Close: $20.15 Change in Silver Spot Price: +$0.41 Gold and silver posted solid results on Friday to close out what has been a mostly lackluster week. When all was said and done,…

Gold Spot Price Open: $1,370 Gold Spot Price Close: $1,363 Change in Gold Spot Price: -$7 Silver Spot Price Open: $20.23 Silver Spot Price Close: $19.65 Change in Silver Spot Price: -$0.58 A slightly better than expected weekly jobless claims report worked against precious metals all day, and both gold and silver posted losses. When…

Gold Spot Price Open: $1,358 Gold Spot Price Close: $1,365 Change in Gold Spot Price: +$7 Silver Spot Price Open: $19.99 Silver Spot Price Close: $20.04 Change in Silver Spot Price: +$0.05 Gold and silver both advanced again on Wednesday despite some stronger than expected economic data. When all was said and done, gold managed…

Gold Spot Price Open: $1,323 Gold Spot Price Close: $1,344 Change in Gold Spot Price: +$21 Silver Spot Price Open: $18.76 Silver Spot Price Close: $19.75 Change in Silver Spot Price: +$0.99 Gold and silver both made nice gains on Friday to close out yet another upbeat week. When all was said and done, gold…

Market Overview: The gold market is seeing some solid gains today as risk aversion heading into the weekend and technical buying are featured. The notion of additional central bank stimulus measures are also likely adding fuel to the fire as the uncertainty surrounding Brexit may prove to be a significant drag on economic activity and investor sentiment. The gold…