JMBullion.com Blog

Gold Spot Price Open: $1,255 Gold Spot Price Close: $1,256 Change in Gold Spot Price: +$1 Silver Spot Price Open: $18.33 Silver Spot Price Close: $17.96 Change in Silver Spot Price: -$0.37 Precious metals ended the week having gained initially, but fell back to earth before the day was through. When all was said and…

Market Overview: The gold and silver markets are both seeing some solid buying interest this in early action today. The safe haven bid is on as investors digest the military action taken last night by the U.S. against Syria. Gold has hit five month highs on the news, and could potentially see even further upside…

Gold Spot Price Open: $1,250 Gold Spot Price Close: $1,254 Change in Gold Spot Price: +$4 Silver Spot Price Open: $18.29 Silver Spot Price Close: $18.24 Change in Silver Spot Price: -$0.05 Precious metals have spent most of the day on Thursday adding value despite some factors suggesting that, perhaps, the opposite should happen. When…

Gold Spot Price Open: $1,259 Gold Spot Price Close: $1,259 Change in Gold Spot Price: NO CHANGE Silver Spot Price Open: $18.39 Silver Spot Price Close: $18.27 Change in Silver Spot Price: -$0.12 Metals lost some ground and momentum on Wednesday as investors gear up for what is expected to be a very strong employment…

Gold Spot Price Open: $1,255 Gold Spot Price Close: $1,258 Change in Gold Spot Price: +$3 Silver Spot Price Open: $18.31 Silver Spot Price Close: $18.27 Change in Silver Spot Price: -$0.04 Precious metals attempted to move higher on Tuesday, however a generally quiet marketplace the world over prevented anything in the way of major…

Gold Spot Price Open: $1,251 Gold Spot Price Close: $1,257 Change in Gold Spot Price: +$6 Silver Spot Price Open: $18.33 Silver Spot Price Close: $18.25 Change in Silver Spot Price: -$0.08 Precious metals might have posted gains on Monday, but it is quickly looking more and more like the tide might be shifting as…

Market Overview: Both gold and silver are moving slightly higher in early action to begin the new trading week. Investors will have plenty of things to digest this week, including some key economic data and a meeting between President Trump and Chinese leader Xi Jinping. The meeting will likely garner some significant attention as Trump…

Gold Spot Price Open: $1,249 Gold Spot Price Close: $1,252 Change in Gold Spot Price: +$3 Silver Spot Price Open: $18.26 Silver Spot Price Close: $18.23 Change in Silver Spot Price: -$0.03 As has been the case since Wednesday or so, gold and silver spent the day on Friday mostly spinning their wheels. When all…

Market Overview: Both gold and silver are trading slightly lower in very quiet trade to cap off the trading week. The metals are seeing some profit taking following recent gains and may also be paying attention to the current rebound in the dollar index. After a short bout of selling and volatility, the stock market…

Gold Spot Price Open: $1,256 Gold Spot Price Close: $1,248 Change in Gold Spot Price: -$8 Silver Spot Price Open: $18.28 Silver Spot Price Close: $18.09 Change in Silver Spot Price: -$0.19 Precious metals backtracked on Thursday as stocks looked to rebound after almost 2 weeks of fairly steady losses. When all was said and…

Gold Spot Price Open: $1,255 Gold Spot Price Close: $1,256 Change in Gold Spot Price: +$1 Silver Spot Price Open: $18.24 Silver Spot Price Close: $18.20 Change in Silver Spot Price: -$0.04 Gold and silver were moving mostly sideways throughout most of the day on Wednesday thanks to a lack of fresh inputs. When all…

Gold Spot Price Open: $1,258 Gold Spot Price Close: $1,255 Change in Gold Spot Price: -$3 Silver Spot Price Open: $18.18 Silver Spot Price Close: $18.13 Change in Silver Spot Price: -$0.05 Gold and silver managed to push forward to some extent on Tuesday despite equity markets that have bounced back a bit. When all…

Gold Spot Price Open: $1,252 Gold Spot Price Close: $1,257 Change in Gold Spot Price: +$5 Silver Spot Price Open: $17.91 Silver Spot Price Close: $18.07 Change in Silver Spot Price: +$0.16 Both gold and silver got the week off to a positive start thanks to many of the same factors that have been aiding…

Market Overview: The markets are reacting today to Friday’s failed vote on a bill that would have repealed the Affordable Care Act, otherwise known as the ACA. This key vote was originally scheduled to take place on Thursday, but as it became apparent that the Republicans did not have the necessary votes, they elected to…

Gold Spot Price Open: $1,250 Gold Spot Price Close: $1,248 Change in Gold Spot Price: -$2 Silver Spot Price Open: $17.70 Silver Spot Price Close: $17.73 Change in Silver Spot Price: +$0.03 Gold and silver started Friday moving downward ever so slightly, and by day’s end things really hadn’t changed much. When all was said…

Market Overview: The gold market is trading flat in early action today while silver moves slightly higher. Markets may be in somewhat of a holding pattern as the highly anticipated vote on the bill to abolish the Affordable Care Act will take place today. The gold market may also potentially be vulnerable to some profit…

Gold Spot Price Open: $1,254 Gold Spot Price Close: $1,250 Change in Gold Spot Price: -$4 Silver Spot Price Open: $17.68 Silver Spot Price Close: $17.56 Change in Silver Spot Price: -$0.12 Precious metals backed down a bit on Thursday, but are still looking strong in the near-term thanks to a host of bullish outside…

Gold Spot Price Open: $1,251 Gold Spot Price Close: $1,252 Change in Gold Spot Price: +$1 Silver Spot Price Open: $17.66 Silver Spot Price Close: $17.51 Change in Silver Spot Price: -$0.15 Precious metals continued to inch forward on Thursday thanks to many of the same factors that have been helping metals up to this…

Gold Spot Price Open: $1,237 Gold Spot Price Close: $1,248 Change in Gold Spot Price: +$11 Silver Spot Price Open: $17.51 Silver Spot Price Close: $17.51 Change in Silver Spot Price: NO CHANGE Precious metals were able to retain some of their strength on Tuesday as a lack of fresh news made for a quiet…

Gold Spot Price Open: $1,233 Gold Spot Price Close: $1,236 Change in Gold Spot Price: +$3 Silver Spot Price Open: $17.49 Silver Spot Price Close: $17.40 Change in Silver Spot Price: -$0.09 Gold and silver continued to add value to open up the new week, however some chart consolidation limited the gains metals were able…

Market Overview: The metals are trading slightly higher in quiet action to kick off the trading week. Investors are still digesting last week’s FOMC meeting, at which the central bank raised the Fed Funds rate by a quarter point. This move was expected by markets, however, the markets were likely more interested in the Fed’s…

Gold Spot Price Open: $1,230 Gold Spot Price Close: $1,232 Change in Gold Spot Price: +$2 Silver Spot Price Open: $17.38 Silver Spot Price Close: $17.37 Change in Silver Spot Price: -$0.01 Precious metals continued adding value to close out the week, however Friday’s gains were a bit more subdued than the two previous days’….

Market Overview: Both gold and silver are moving slightly higher today in early trade. In a classic case of “sell the rumor buy the fact” trade, both of these metals have come back from recent lows following the Fed meeting conclusion on Wednesday afternoon. The metals have likely seen some sort covering as well as…

Gold Spot Price Open: $1,204 Gold Spot Price Close: $1,229 Change in Gold Spot Price: +$25 Silver Spot Price Open: $16.98 Silver Spot Price Close: $17.29 Change in Silver Spot Price: +$0.31 Gold and silver continued to move forward on Thursday, spurred mostly by a much less hawkish than expected Federal Reserve. When all was…

Gold Spot Price Open: $1,205 Gold Spot Price Close: $1,221 Change in Gold Spot Price: +$16 Silver Spot Price Open: $16.98 Silver Spot Price Close: $17.29 Change in Silver Spot Price: +$0.31 Precious metals ended up posting decent gains in the wake of the all-important FOMC meeting today. When all was said and done, gold…