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    JMBullion.com Blog

    JM Bullion Gold and Silver Market Update (1/23/17)

    Gold Spot Price Open: $1,213 Gold Spot Price Close: $1,221 Change in Gold Spot Price: +$8 Silver Spot Price Open: $17.18 Silver Spot Price Close: $17.19 Change in Silver Spot Price: +$0.01 Precious metals gained more ground to start off the week thanks, in part, to the signature of newly-inaugurated President Donald Trump. When all…

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    JM Bullion Weekly Market Preview (1/23/17)

    Market Overview: Both gold and silver are moving higher in early action today as uncertainty over the new Presidential administration fuels some risk aversion. The Trump administration has promised quick action on a number of key issues, and investors may decide to take a wait-and-see approach before placing any big bets. Thus far, the Trump…

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    JM Bullion Gold and Silver Market Update (1/20/17)

    Gold Spot Price Open: $1,203 Gold Spot Price Close: $1,212 Change in Gold Spot Price: +$9 Silver Spot Price Open: $17.02 Silver Spot Price Close: $17.06 Change in Silver Spot Price: +$0.04 Precious metals performed decently on Friday to close out the week on a high note. When all was said and done, gold added…

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    JM Bullion Weekly Market Review (1/20/17)

    Market Overview: Both gold and silver are moving slightly higher in early action today. All eyes are on Washington today as Donald Trump will be sworn in as the nation’s 45th President. Markets have been largely driven by the Trump election victory back in November, and investors will be eager to see what the new…

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    JM Bullion Gold and Silver Market Update (1/19/17)

    Gold Spot Price Open: $1,212 Gold Spot Price Close: $1,207 Change in Gold Spot Price: -$5 Silver Spot Price Open: $17.26 Silver Spot Price Close: $16.99 Change in Silver Spot Price: -$0.27 More upbeat economic data ended up having an adverse impact on precious metals for what is now a second consecutive day. When all…

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    JM Bullion Gold and Silver Market Update (1/18/17)

    Gold Spot Price Open: $1,216 Gold Spot Price Close: $1,206 Change in Gold Spot Price: -$10 Silver Spot Price Open: $17.21 Silver Spot Price Close: $17.04 Change in Silver Spot Price: -$0.17 Precious metals spent the day on Wednesday reacting to a bunch of US economic data points and finished the day moving lower. When…

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    JM Bullion Gold and Silver Market Update (1/17/17)

    Gold Spot Price Open: $1,205 Gold Spot Price Close: $1,219 Change in Gold Spot Price: +$14 Silver Spot Price Open: $16.88 Silver Spot Price Close: $17.18 Change in Silver Spot Price: +$0.30 Precious metals continued to perform decently on Tuesday thanks, in large part, to continued extrapolation of Trump’s commentary and what his words mean…

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    JM Bullion Gold and Silver Market Update (1/16/17)

    Gold Spot Price Open: $1,200 Gold Spot Price Close: $1,206 Change in Gold Spot Price: +$6 Silver Spot Price Open: $16.89 Silver Spot Price Close: $16.80 Change in Silver Spot Price: -$0.09 Precious metals performed ok to start off the week, but due to the observance of the Martin Luther King Jr. holiday in the…

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    JM Bullion Weekly Market Preview (1/16/17)

    Market Overview: All U.S. markets are closed today in observance of Martin Luther King Day. Gold and silver are moving higher elsewhere, however, as global equity markets sag. The clock is rapidly ticking towards Friday’s inauguration of the next President, Donald Trump. With his presidency comes many unknowns, both economic and geopolitical, and some significant…

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    JM Bullion Gold and Silver Market Update (1/13/17)

    Gold Spot Price Open: $1,201 Gold Spot Price Close: $1,200 Change in Gold Spot Price: -$1 Silver Spot Price Open: $16.89 Silver Spot Price Close: $16.81 Change in Silver Spot Price: -$0.08 Precious metals will end the day Friday having lost some value, however the week as a whole saw gains made by both gold…

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    JM Bullion Weekly Market Review (1/13/17)

    Market Overview: Both gold and silver are under moderate selling pressure in early action today as some profit taking is likely being seen. Despite the selling so far today, the gold market has gotten the New Year off to a good start, and the rise in gold in recent action could potentially be indicative of…

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    JM Bullion Gold and Silver Market Update (1/12/17)

    Gold Spot Price Open: $1,197 Gold Spot Price Close: $1,196 Change in Gold Spot Price: -$1 Silver Spot Price Open: $16.84 Silver Spot Price Close: $16.74 Change in Silver Spot Price: -$0.10 Gold and silver finished the day posting small losses, thought to be fair there wasn’t a whole lot of fresh activity to report…

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    JM Bullion Gold and Silver Market Update (1/11/17)

    Gold Spot Price Open: $1,189 Gold Spot Price Close: $1,193 Change in Gold Spot Price: +$4 Silver Spot Price Open: $16.87 Silver Spot Price Close: $16.69 Change in Silver Spot Price: -$0.18 Precious metals ended the day mixed after President-elect Donald Trump held his first press conference since the Summer, but have a somewhat bright…

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    JM Bullion Gold and Silver Market Update (1/10/17)

    Gold Spot Price Open: $1,186 Gold Spot Price Close: $1,189 Change in Gold Spot Price: +$3 Silver Spot Price Open: $16.71 Silver Spot Price Close: $16.75 Change in Silver Spot Price: +$0.04 Precious metals continued their decent run on Tuesday thanks to some concerns out of the United States and the UK. When all was…

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    JM Bullion Gold and Silver Market Update (1/9/17)

    Gold Spot Price Open: $1,175 Gold Spot Price Close: $1,183 Change in Gold Spot Price: +$8 Silver Spot Price Open: $16.54 Silver Spot Price Close: $16.54 Change in Silver Spot Price: NO CHANGE Gold and silver continued their winning ways on Monday as spot values continued to climb even despite a crude pullback. When all…

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    JM Bullion Weekly Market Preview (1/9/17)

    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…

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    JM Bullion Gold and Silver Market Update (1/6/17)

    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…

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    JM Bullion Weekly Market Review (1/6/17)

    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…

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    JM Bullion Gold and Silver Market Update (1/5/17)

    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…

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    JM Bullion Gold and Silver Market Update (1/4/17)

    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…

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    JM Bullion Gold and Silver Market Update (1/3/17)

    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…

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    JM Bullion Gold and Silver Market Update (12/30/16)

    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…

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    JM Bullion Weekly Market Review (12/30/16)

    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…

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    JM Bullion Gold and Silver Market Update (12/29/16)

    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…

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    JM Bullion Gold and Silver Market Update (12/28/16)

    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…

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