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    JMBullion.com Blog

    JM Bullion Gold and Silver Market Update (5/8/13)

    Gold Spot Price Open: $1,452 Gold Spot Price Close: $1,473 Change in Gold Spot Price:+$21 Silver Spot Price Open: $23.94 Silver Spot Price Close: $23.97 Change in Silver Spot Price:+$0.03 Gold made up for Tuesday’s losses and then some on Wednesday while silver, for the second straight day, stayed about the same. At the end…

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    JM Bullion Gold and Silver Market Update (5/7/13)

    Gold Spot Price Open: $1,469 Gold Spot Price Close: $1,453 Change in Gold Spot Price:-$16 Silver Spot Price Open: $24.00 Silver Spot Price Close: $23.96 Change in Silver Spot Price:-$0.04 Gold fell by a decent amount while silver stayed about stagnant on a day where there was more news about interest rate cutting. When all…

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    JM Bullion Gold and Silver Market Update (5/6/13)

    Gold Spot Price Open: $1,471 Gold Spot Price Close: $1,470 Change in Gold Spot Price:-$1 Silver Spot Price Open: $24.20 Silver Spot Price Close: $24.04 Change in Silver Spot Price:-$0.16 Gold and silver both hesitated to move on Monday as a quiet atmosphere across Europe due to a holiday set the tone for the day….

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    JM Bullion Weekly Market Preview (5/6/13)

    Spot gold is not doing much of anything here today. After being a bit higher earlier in the session, gold prices are now trading basically unchanged on the day. London is closed today and that could be a contributing factor to today’s lackluster price action. Today, and the rest of the week for that matter,…

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    JM Bullion Gold and Silver Market Update (5/3/13)

    Gold Spot Price Open: $1,470 Gold Spot Price Close: $1,469 Change in Gold Spot Price:-$1 Silver Spot Price Open: $23.98 Silver Spot Price Close: $24.11 Change in Silver Spot Price:+$0.13 Gold and silver both remained relatively stagnant today as that movement, or lack thereof, was indicative of what went on for the majority of this…

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    JM Bullion Weekly Market Review (5/3/13)

    All in all this week was pretty uneventful for the gold market. This is somewhat surprising given the fact that the markets had to digest the FOMC rate decision, the European central bank rate decision, and today’s April non-farm payrolls report. The FOMC proved to be a non event for the gold market. The fed…

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    JM Bullion Gold and Silver Market Update (5/2/13)

    Gold Spot Price Open: $1,446 Gold Spot Price Close: $1,468 Change in Gold Spot Price:+$22 Silver Spot Price Open: $23.39 Silver Spot Price Close: $23.87 Change in Silver Spot Price:+$0.48 Gold and silver both, after suffering further losses overnight, rebounded Thursday morning on news coming out of Europe. At the end of the day gold…

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    JM Bullion Gold and Silver Market Update (5/1/13)

    Gold Spot Price Open: $1,473 Gold Spot Price Close: $1,459 Change in Gold Spot Price:-$14 Silver Spot Price Open: $24.33 Silver Spot Price Close: $23.69 Change in Silver Spot Price:-$0.64 Gold and silver more or less relinquished Monday and Tuesdays gains with decent losses on Wednesday. Gold was down about 14 dollars while silver fell…

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    JM Bullion Gold and Silver Market Update (4/30/13)

    Gold Spot Price Open: $1,468 Gold Spot Price Close: $1,479 Change in Gold Spot Price:+$11 Silver Spot Price Open: $24.21 Silver Spot Price Close: $24.37 Change in Silver Spot Price:+$0.16 Gold and silver posted modest gains on Tuesday as investors are happy with any ending numbers that aren’t losses. At the end of the day…

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    JM Bullion Weekly Market Preview (4/29/13)

    Gold prices are higher on Monday although currently quoted well off the highs of the session. This could be a huge week for the yellow metal as market participants will get policy decisions from the European Central Bank as well as the Fed.  It is widely expected that the ECB will be forced to take…

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    JM Bullion Gold and Silver Market Update (4/29/13)

    Gold Spot Price Open: $1,466 Gold Spot Price Close: $1,478 Change in Gold Spot Price:+$12 Silver Spot Price Open: $24.11 Silver Spot Price Close: $24.64 Change in Silver Spot Price:+$0.53 Gold and Silver picked up this week where they left last one finishing with good results at the end of the day on Monday. When…

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    JM Bullion Gold and Silver Market Update (4/26/13)

    Gold Spot Price Open: $1,458 Gold Spot Price Close: $1,463 Change in Gold Spot Price:+$5 Silver Spot Price Open: $24.07 Silver Spot Price Close: $24.10 Change in Silver Spot Price:+$0.03 Gold and silver posted minimal gains on Friday as investors were fairly satisfied with how this week as a whole has gone. Friday saw gold…

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    JM Bullion Weekly Market Review (4/26/13)

    This was a great week for the gold bulls. Although the metal is currently trading a bit lower on the day, this week can certainly be called a victory by the bulls. The gold bulls clearly reestablished their footing in the market, and in doing so sent those who were still short the gold market…

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    JM Bullion Gold and Silver Market Update (4/25/13)

    Gold Spot Price Open: $1,424 Gold Spot Price Close: $1,470 Change in Gold Spot Price:+$46 Silver Spot Price Open: $22.94 Silver Spot Price Close: $24.43 Change in Silver Spot Price:+$1.49 Gold and silver both made fairly large forward progress on Thursday as both metals had a day of good gains. When all was said and…

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    JM Bullion Gold and Silver Market Update (4/24/13)

    Gold Spot Price Open: $1,414 Gold Spot Price Close: $1,434 Change in Gold Spot Price:+$20 Silver Spot Price Open: $22.95 Silver Spot Price Close: $23.22 Change in Silver Spot Price:+$0.27 Gold and silver both saw positive days on Wednesday after falling off a bit on Tuesday. At the end of the day gold was up…

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    JM Bullion Gold and Silver Market Update (4/23/13)

    Gold Spot Price Open: $1,423 Gold Spot Price Close: $1,415 Change in Gold Spot Price:-$8 Silver Spot Price Open: $23.40 Silver Spot Price Close: $23.00 Change in Silver Spot Price:-$0.40 Gold and silver both hit speed bumps on Tuesday as losses nearly cancelled out Monday’s gains. When all was said and done gold was down…

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    JM Bullion Weekly Market Preview (4/22/13)

    Gold prices traded sharply higher on Monday as the new trading week began. Gold prices appear to be stabilizing following the chaotic selling seen over the last two weeks. Demand for physical gold bullion has remained impressively strong during the recent downturn and seems to be the single biggest contributing factor to gold’s turn around….

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    JM Bullion Gold and Silver Market Update (4/22/13)

    Gold Spot Price Open: $1,409 Gold Spot Price Close: $1,428 Change in Gold Spot Price:+$19 Silver Spot Price Open: $23.38 Silver Spot Price Close: $23.48 Change in Silver Spot Price:+$0.10 Both gold and silver saw positive days as demand for metals was able to bring in positive results. At the end of US trading on…

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    JM Bullion Weekly Market Review (4/19/13)

    Spot gold was trading higher on Friday. Overnight, the market traded its highs for the day as strong physical buying out of Asia gave the market a boost. The market did however, give back a very large portion of the gains throughout the trading day Friday. Although bullion prices are closing near their highs for…

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    JM Bullion Gold and Silver Market Update (4/19/13)

    Gold Spot Price Open: $1,391 Gold Spot Price Close: $1,404 Change in Gold Spot Price:+$13 Silver Spot Price Open: $23.31 Silver Spot Price Close: $23.28 Change in Silver Spot Price:-$0.03 Gold picked up some nice gains on Friday, while silver sat idly by for the second straight day. At the end of the day Friday,…

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    JM Bullion Gold and Silver Market Update (4/18/13)

    Gold Spot Price Open: $1,377 Gold Spot Price Close: $1,389 Change in Gold Spot Price:+$12 Silver Spot Price Open: $23.25 Silver Spot Price Close: $23.22 Change in Silver Spot Price:-$0.03 Gold had a stellar day while silver remained relatively stagnant on Thursday. When all was said and done gold picked up about 12 dollars whereas…

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    JM Bullion Gold and Silver Market Update (4/17/13)

    Gold Spot Price Open: $1,379 Gold Spot Price Close: $1,380 Change in Gold Spot Price:+$1 Silver Spot Price Open: $23.70 Silver Spot Price Close: $23.40 Change in Silver Spot Price:-$0.30 Gold remained more or less stagnant for the second day in a row as silver managed a drop of about 30 cents. When US markets…

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    JM Bullion Gold and Silver Market Update (4/16/13)

    Gold Spot Price Open: $1,371 Gold Spot Price Close: $1,371 Change in Gold Spot Price:Even Silver Spot Price Open: $23.51 Silver Spot Price Close: $23.49 Change in Silver Spot Price:-$0.02 Gold and silver finally stopped their downward slide on Tuesday as spot prices held, at closing, about the same positions they were in when markets…

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    JM Bullion Gold and Silver Market Update (4/15/13)

    Gold Spot Price Open: $1,481 Gold Spot Price Close: $1,355 Change in Gold Spot Price:-$126 Silver Spot Price Open: $25.98 Silver Spot Price Close: $22.78 Change in Silver Spot Price:-$3.20 Gold posted its biggest one-day drop in about 3 decades as metals started this week in even worse shape than they ended last week. When…

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    JM Bullion Weekly Market Preview (4/15/13)

    Spot Gold is continuing its losing ways on Monday. In fact, the metal is getting crushed today. Spot gold is trading at $1357 per ounce currently and is down well over $100 per ounce today. Technical selling that began a few sessions ago has battered the yellow metal which has seen prices fall about $250…

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