JMBullion.com Blog

Market Overview: Both gold and silver are moving higher in early action to begin the trading week. Gold has been moving higher since the middle of December, and increasing interest in the yellow metal would come as no surprise as the New Year gets underway. Trading volumes will be returning to normal levels, and investors…

Gold Spot Price Open: $1,184 Gold Spot Price Close: $1,175 Change in Gold Spot Price: -$9 Silver Spot Price Open: $16.62 Silver Spot Price Close: $16.44 Change in Silver Spot Price: -$0.18 Precious metals gained at almost every turn this week, however they ended the final day moving in the opposite direction. When all was…

Market Overview: Gold and silver are both seeing some moderate selling pressure this morning following the release of the Employment Situation report for December. The metals have seen some strength in recent days, and both gold and silver could potentially be close to a longer-term bottom. Overall, risk appetite remains strong and economic as well…

Gold Spot Price Open: $1,167 Gold Spot Price Close: $1,182 Change in Gold Spot Price: +$15 Silver Spot Price Open: $16.52 Silver Spot Price Close: $16.56 Change in Silver Spot Price: +$0.04 Precious metals continued their impressive week by making more gains on Thursday. When all was said and done, gold gained about 15 dollars…

Gold Spot Price Open: $1,162 Gold Spot Price Close: $1,166 Change in Gold Spot Price: +$4 Silver Spot Price Open: $16.38 Silver Spot Price Close: $16.40 Change in Silver Spot Price: +$0.02 Precious metals continued their decent start to the New Year as it seems that buying interest has reappeared after disappearing, almost entirely, in…

Gold Spot Price Open: $1,154 Gold Spot Price Close: $1,160 Change in Gold Spot Price: +$6 Silver Spot Price Open: $15.98 Silver Spot Price Close: $16.27 Change in Silver Spot Price: +$0.29 Gold and silver opened the first official day of 2017 trading in impressive fashion, even with some strong US economic data having been…

Gold Spot Price Open: $1,158 Gold Spot Price Close: $1,154 Change in Gold Spot Price: -$4 Silver Spot Price Open: $16.21 Silver Spot Price Close: $15.88 Change in Silver Spot Price: -$0.33 Precious metals ended up moving backwards on what will be the final day of trading for the year. When all was said and…

Market Overview: Although both gold and silver are slightly higher in the final trading session of the year, it appears that it will be a dull one. Markets are essentially just drifting today as many investors are more focused on their New Year’s celebration plans than anything else today. Investors will further turn their attention…

Gold Spot Price Open: $1,144 Gold Spot Price Close: $1,160 Change in Gold Spot Price: +$16 Silver Spot Price Open: $16.08 Silver Spot Price Close: $16.12 Change in Silver Spot Price: +$0.04 Precious metals posted decent gains on Thursday as what is proving to be an upbeat week for precious metals, all things considered. When…

Gold Spot Price Open: $1,141 Gold Spot Price Close: $1,144 Change in Gold Spot Price: +$3 Silver Spot Price Open: $16.01 Silver Spot Price Close: $15.98 Change in Silver Spot Price: -$0.03 Gold and silver continued to perform decently on Wednesday in what was, admittedly, a slow day of end of year trading. When all…

Gold Spot Price Open: $1,137 Gold Spot Price Close: $1,141 Change in Gold Spot Price: +$4 Silver Spot Price Open: $15.81 Silver Spot Price Close: $15.95 Change in Silver Spot Price: +$0.14 Gold and silver began what is, for all intents and purposes, the first trading day of the week in impressive fashion before backing…

Gold Spot Price Open: $1,132 Gold Spot Price Close: $1,136 Change in Gold Spot Price: +$4 Silver Spot Price Open: $15.89 Silver Spot Price Close: $15.73 Change in Silver Spot Price: -$0.16 Precious metals are, if you can believe, going to finish this quiet week of trading showing some signs of strength. When all was…

Gold Spot Price Open: $1,135 Gold Spot Price Close: $1,132 Change in Gold Spot Price: -$3 Silver Spot Price Open: $16.00 Silver Spot Price Close: $15.75 Change in Silver Spot Price: -$0.25 Precious metals continued to lose ground on Thursday even though there were some reasons to believe the opposite might happen. When all was…

Gold Spot Price Open: $1,135 Gold Spot Price Close: $1,135 Change in Gold Spot Price: NO CHANGE Silver Spot Price Open: $16.12 Silver Spot Price Close: $15.91 Change in Silver Spot Price: -$0.21 Precious metals performed on Wednesday in much the same way that they did on Tuesday, not moving very far in any one…

Gold Spot Price Open: $1,142 Gold Spot Price Close: $1,136 Change in Gold Spot Price: -$6 Silver Spot Price Open: $16.07 Silver Spot Price Close: $16.04 Change in Silver Spot Price: -$0.03 Despite showing some very small signs of strength to begin the week, precious metals are conceding value on Tuesday as outside markets prove…

Gold Spot Price Open: $1,138 Gold Spot Price Close: $1,140 Change in Gold Spot Price: +$2 Silver Spot Price Open: $16.16 Silver Spot Price Close: $15.95 Change in Silver Spot Price: -$0.21 To start what will more than likely be a slow week of holiday trading, precious metals were able to halt their respective declines…

Market Overview: Precious metals are mixed in early action to begin the new trading week, with gold slightly higher and silver slightly lower. The trading week looks to get off to a quiet start, and volumes may dissipate throughout the week as the Christmas Holiday weekend approaches. Several key markets including stocks, the dollar index…

Gold Spot Price Open: $1,134 Gold Spot Price Close: $1,138 Change in Gold Spot Price: +$4 Silver Spot Price Open: $16.03 Silver Spot Price Close: $16.07 Change in Silver Spot Price: +$0.04 Despite the week resulting in a net loss for both gold and silver, Friday played host to a small recovery. When all was…

Market Overview: Both gold and silver are moving slightly higher in early action today. These precious metals are likely seeing a bounce on both short covering as well as bargain hunting after seeing significant declines this week. Speculation appears to be on the rise that the Trump rally in stocks may have run its course,…

Gold Spot Price Open: $1,165 Gold Spot Price Close: $1,133 Change in Gold Spot Price: -$32 Silver Spot Price Open: $17.25 Silver Spot Price Close: $15.97 Change in Silver Spot Price: -$1.28 Precious metals, across the board, took massive hits on Thursday due to the FOMC finally announcing that they are going to hike interest…

Gold Spot Price Open: $1,160 Gold Spot Price Close: $1,147 Change in Gold Spot Price: -$13 Silver Spot Price Open: $16.96 Silver Spot Price Close: $16.80 Change in Silver Spot Price: -$0.16 Gold and silver initially did not move much in the lead-up and immediate wake of the FOMC’s statement, but shortly thereafter began falling…

Gold Spot Price Open: $1,166 Gold Spot Price Close: $1,162 Change in Gold Spot Price: -$4 Silver Spot Price Open: $17.19 Silver Spot Price Close: $16.88 Change in Silver Spot Price: -$0.31 Precious metals lost some ground on Tuesday as the FOMC meeting kicked off amid a lot of anticipation. When all was said and…

Gold Spot Price Open: $1,163 Gold Spot Price Close: $1,165 Change in Gold Spot Price: +$2 Silver Spot Price Open: $16.93 Silver Spot Price Close: $17.06 Change in Silver Spot Price: +$0.13 Gold and silver opened up the week in an interesting way, with both metals moving in opposite directions but not managing to finish…

Market Overview: Gold is flat in early trade this morning while silver is putting together some decent gains in early action. These markets remain in a very bearish technical posture, and it remains to be seen if a near-term bottom is in the works. Trading action may be somewhat subdued this week ahead of the…

Gold Spot Price Open: $1,173 Gold Spot Price Close: $1,163 Change in Gold Spot Price: -$10 Silver Spot Price Open: $17.08 Silver Spot Price Close: $16.86 Change in Silver Spot Price: -$0.22 Precious metals did on Friday what they have done for a majority of the last few weeks; lose value. When all was said…