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    JMBullion.com Blog

    JM Bullion Gold and Silver Market Update (6/30/16)

    Gold Spot Price Open: $1,328 Gold Spot Price Close: $1,325 Change in Gold Spot Price: -$3 Silver Spot Price Open: $18.46 Silver Spot Price Close: $18.70 Change in Silver Spot Price: +$0.24 Precious metals finished the day mixed, and silver surged to close out the day. When all was said and done, gold lost roughly…

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    JM Bullion Gold and Silver Market Update (6/29/16)

    Gold Spot Price Open: $1,317 Gold Spot Price Close: $1,320 Change in Gold Spot Price: +$3 Silver Spot Price Open: $17.84 Silver Spot Price Close: $18.27 Change in Silver Spot Price: +$0.43 Precious metals began and finished the day making gains, however out of gold and silver, it was silver that was the clear winner…

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    JM Bullion Gold and Silver Market Update (6/28/16)

    Gold Spot Price Open: $1,327 Gold Spot Price Close: $1,316 Change in Gold Spot Price: -$11 Silver Spot Price Open: $17.79 Silver Spot Price Close: $17.75 Change in Silver Spot Price: -$0.04 Gold and silver finished the day mixed as some stronger than expected US economic data ended up confusing the marketplace. When all was…

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    JM Bullion Gold and Silver Market Update (6/27/16)

    Gold Spot Price Open: $1,336 Gold Spot Price Close: $1,330 Change in Gold Spot Price: -$6 Silver Spot Price Open: $17.95 Silver Spot Price Close: $17.73 Change in Silver Spot Price: -$0.22 Precious metals retreated a bit on Monday after posting massive gains to close out last week. When all was said and done, gold…

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    JM Bullion Weekly Market Preview (6/27/16)

    Market Overview: Gold is seeing some follow through buying today as risk aversion remains the central theme. Following last week’s historic vote by Great Britain to leave the European Union, investors are left wondering just how such a vote may affect the U.K. the E.U. and the global economy. While it is difficult to say…

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    JM Bullion Gold and Silver Market Update (6/24/16)

    Gold Spot Price Open: $1,263 Gold Spot Price Close: $1,319 Change in Gold Spot Price: +$56 Silver Spot Price Open: $17.38 Silver Spot Price Close: $17.72 Change in Silver Spot Price: +$0.34 Precious metals made massive gains on Friday to close out what was an otherwise poor week of trading. When all was said and…

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    JM Bullion Weekly Market Review (6/23/16)

    Market Overview: Stock markets opened sharply lower this morning while interest rates dove and gold and silver rose. The highly anticipated Brexit vote has now come and gone, and the results were not what markets had been expecting over the last few days. Great Britain voted to exit the European Union in a historic move…

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    JM Bullion Gold and Silver Market Update (6/23/16)

    Gold Spot Price Open: $1,272 Gold Spot Price Close: $1,264 Change in Gold Spot Price: -$8 Silver Spot Price Open: $17.37 Silver Spot Price Close: $17.24 Change in Silver Spot Price: -$0.13 Precious metals did not particularly perform well on Thursday, but they did not do very poorly either. When all was said and done,…

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    JM Bullion Gold and Silver Market Update (6/22/16)

    Gold Spot Price Open: $1,272 Gold Spot Price Close: $1,269 Change in Gold Spot Price: -$3 Silver Spot Price Open: $17.37 Silver Spot Price Close: $17.22 Change in Silver Spot Price: -$0.15 Gold and silver continued to fall on Wednesday as a new batch of upbeat economic data from the United States worked against metals….

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    JM Bullion Gold and Silver Market Update (6/20/16)

    Gold Spot Price Open: $1,304 Gold Spot Price Close: $1,293 Change in Gold Spot Price: -$11 Silver Spot Price Open: $17.37 Silver Spot Price Close: $17.47 Change in Silver Spot Price: +$0.10 Precious metals finished mixed on Monday, but were mostly lower thanks to a strong risk-on attitude on the part of global investors. When…

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    JM Bullion Weekly Market Preview (6/20/16)

    Market Overview: The gold market is under some pressure in the early trade today to begin the new trading week. Stocks are set to open sharply higher as the upcoming “Brexit” vote now appears to be leaning towards the “stay” camp. Stocks had seen some volatility last week on concerns over a possible exit vote…

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    JM Bullion Gold and Silver Market Update (6/17/16)

    Gold Spot Price Open: $1,288 Gold Spot Price Close: $1,301 Change in Gold Spot Price: +$13 Silver Spot Price Open: $17.50 Silver Spot Price Close: $17.47 Change in Silver Spot Price: -$0.03 After finishing the day Thursday having posted small losses, metals bounced right back on Friday and finished the week on a positive note….

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    JM Bullion Weekly Market Review (6/17/16)

    Market Overview: The gold market is seeing some moderate selling today in what may simply be more profit taking. Gold saw a large gap up yesterday only to see those gains dwindle throughout the session as stocks recovered. While gold may be susceptible to further profit taking, the market may have a bit of a…

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    JM Bullion Gold and Silver Market Update (6/16/16)

    Gold Spot Price Open: $1,287 Gold Spot Price Close: $1,285 Change in Gold Spot Price: -$2 Silver Spot Price Open: $17.54 Silver Spot Price Close: $17.21 Change in Silver Spot Price: -$0.33 Precious metals were given a fresh boost on Thursday as a key piece of economic data proved to be weaker than anticipated, but…

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    JM Bullion Gold and Silver Market Update (6/15/16)

    Gold Spot Price Open: $1,289 Gold Spot Price Close: $1,297 Change in Gold Spot Price: +$8 Silver Spot Price Open: $17.47 Silver Spot Price Close: $17.52 Change in Silver Spot Price: +$0.05 Gold and silver rode inaction on the part of the Federal Reserve to end the day Wednesday having made nice gains. When all…

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    JM Bullion Gold and Silver Market Update (6/14/16)

    Gold Spot Price Open: $1,284 Gold Spot Price Close: $1,288 Change in Gold Spot Price: +$4 Silver Spot Price Open: $17.44 Silver Spot Price Close: $17.35 Change in Silver Spot Price: -$0.09 Gold and silver ended up inching forward on the day, but did not make anything that can be perceived as impressive gains. When…

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    JM Bullion Gold and Silver Market Update (6/13/16)

    Gold Spot Price Open: $1,276 Gold Spot Price Close: $1,286 Change in Gold Spot Price: +$10 Silver Spot Price Open: $17.42 Silver Spot Price Close: $17.40 Change in Silver Spot Price: -$0.02 Precious metals ended up gaining again on Monday thanks to declining stock indexes from around the world as well as increased safe-haven demand….

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    JM Bullion Weekly Market Preview (6/13/16)

    Market Overview: Gold is seeing some strong buying today as risk aversion weighs on global markets. There are currently several issues that could continue to fuel an ongoing rally in gold including the upcoming “Brexit” referendum, falling interest rates and skittish equity markets. Gold appears poised to challenge the May highs and could potentially see…

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    JM Bullion Weekly Market Review (6/10/16)

    Market Overview: The gold market is moving slightly higher in early action on Friday as global stock markets are under pressure and risk aversion is on the rise. Markets are coming to grips with the prospect of slow global growth and declining crude oil is also likely driving some selling in equities today. Key Data…

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    JM Bullion Gold and Silver Market Update (6/9/16)

    Gold Spot Price Open: $1,264 Gold Spot Price Close: $1,271 Change in Gold Spot Price: +$7 Silver Spot Price Open: $17.10 Silver Spot Price Close: $17.23 Change in Silver Spot Price: +$0.13 Precious metals may not have performed as well on Thursday as they did on Wednesday, but what movement was recorded was still solidly…

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    JM Bullion Gold and Silver Market Update (6/8/16)

    Gold Spot Price Open: $1,247 Gold Spot Price Close: $1,267 Change in Gold Spot Price: +$20 Silver Spot Price Open: $16.45 Silver Spot Price Close: $17.00 Change in Silver Spot Price: +$0.55 Gold edged in on a two-week high on Wednesday as investors become increasingly convinced that interest rates will not be hiked at the…

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    JM Bullion Gold and Silver Market Update (6/7/16)

    Gold Spot Price Open: $1,246 Gold Spot Price Close: $1,245 Change in Gold Spot Price: -$1 Silver Spot Price Open: $16.48 Silver Spot Price Close: $16.34 Change in Silver Spot Price: -$0.14 Gold and silver lost some value on Tuesday, but all in all neither metal conceded all that much value, and not nearly enough…

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    JM Bullion Gold and Silver Market Update (6/6/16)

    Gold Spot Price Open: $1,247 Gold Spot Price Close: $1,248 Change in Gold Spot Price: +$1 Silver Spot Price Open: $16.49 Silver Spot Price Close: $16.44 Change in Silver Spot Price: -$0.05 After finishing out last week solidly, gold and silver moved forward again on Monday, though only by marginal amounts. When all was said…

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    JM Bullion Weekly Market Preview (6/6/16)

    Market Overview: The gold market is seeing some follow through buying from Friday’s strong gains to begin the new trading week. Overall, risk appetite appears to be quite healthy today as stocks are higher while yields are declining. This week will be lighter from a data standpoint, and investors will likely continue to digest Friday’s…

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    JM Bullion Gold and Silver Market Update (6/3/16)

    Gold Spot Price Open: $1,213 Gold Spot Price Close: $1,246 Change in Gold Spot Price: +$33 Silver Spot Price Open: $16.07 Silver Spot Price Close: $16.39 Change in Silver Spot Price: +$0.32 Precious metals were able to make up a lot of ground on Friday thanks to some key pieces of economic data being published….

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