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    JMBullion.com Blog

    JM Bullion Gold and Silver Market Update (12/18/12)

    Gold Spot Price Open: $1,697 Gold Spot Price Close: $1,672 Change in Gold Spot Price:-$25 Silver Spot Price Open: $32.19 Silver Spot Price Close: $31.68 Change in Silver Spot Price:-$0.51 Technical selling was the main culprit behind why gold and silver slipped a significant amount on Tuesday. After not doing too terribly on Monday, precious…

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

    Gold Spot Price Open: $1,695 Gold Spot Price Close: $1,699 Change in Gold Spot Price:+$4 Silver Spot Price Open: $32.32 Silver Spot Price Close: $32.32 Change in Silver Spot Price: NO CHANGE After having a less than stellar performance last week, precious metals were hoping to improve once this week opened. While gold did manage…

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    JM Bullion Gold and Silver Market Update (12/14/12)

    Gold Spot Price Open: $1,697 Gold Spot Price Close: $1,698 Change in Gold Spot Price:-$1 Silver Spot Price Open: $32.41 Silver Spot Price Close: $32.37 Change in Silver Spot Price:-$0.04 Gold and silver both slipped a little bit further as we wrap up a disappointing week for precious metals. Gold was down just about a…

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    JM Bullion Gold and Silver Market Update (12/13/12)

    Gold Spot Price Open: $1,722 Gold Spot Price Close: $1,698 Change in Gold Spot Price:-$24 Silver Spot Price Open: $33.74 Silver Spot Price Close: $32.58 Change in Silver Spot Price:-$1.16 Gold and silver both took significant hits on Thursday blamed partly on the uncertainty of the United States’ financial future as well as Greece’s imploding…

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    Gold and Silver Trading at Steep Discount

    Gold and silver both benefited from a small bump after the Fed announced additional Quantitative Easing yesterday, however, the gain was short-lasting. Today both metals are well off their weekly highs, representing one of the better buying opportunities we’ve seen in the past few weeks. Gold has slid over $22/ozt to $1,700, while silver has fallen off ~$1.15/ozt…

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

    Gold Spot Price Open: $1,709 Gold Spot Price Close: $1,713 Change in Gold Spot Price:+$4 Silver Spot Price Open: $32.96 Silver Spot Price Close: $33.53 Change in Silver Spot Price:+$0.57 Th result of the FOMC meeting today was not as decisive as many had thought and for that reason gold and silver improved by only…

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    JM Bullion Gold and Silver Market Update (12/11/12)

    Gold Spot Price Open: $1,713 Gold Spot Price Close: $1,711 Change in Gold Spot Price:-$2 Silver Spot Price Open: $33.25 Silver Spot Price Close: $33.03 Change in Silver Spot Price:-$0.22 Gold lost two dollars and silver dropped 22 cents on a day where trading was, for the most part, subdued. Most people are holding on…

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    JM Bullion Gold and Silver Market Update (12/10/12)

    Gold Spot Price Open: $1,704 Gold Spot Price Close: $1,714 Change in Gold Spot Price:+$10 Silver Spot Price Open: $33.11 Silver Spot Price Close: $33.31 Change in Silver Spot Price:+$0.20 With the beginning of a new week brings about a whole slew of news from around the world that have or will affect the price…

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    JM Bullion Gold and Silver Market Update (12/7/12)

    Gold Spot Price Open: $1,699 Gold Spot Price Close: $1,705 Change in Gold Spot Price:+$6 Silver Spot Price Open: $33.01 Silver Spot Price Close: $33.13 Change in Silver Spot Price:+$0.12 The week wrapped up on a positive note for both gold and silver as both precious metals finished the week up. Gold gained 6 dollars…

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    JM Bullion Gold and Silver Market Update (12/6/12)

    Gold Spot Price Open: $1,693 Gold Spot Price Close: $1,701 Change in Gold Spot Price:+$8 Silver Spot Price Open: $32.80 Silver Spot Price Close: $33.07 Change in Silver Spot Price:+$0.27 Thursday was yet another day where both gold and silver did not do much moving around. Gold was up, but only by about 8 dollars…

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    JM Bullion Gold and Silver Market Update (12/5/12)

    Gold Spot Price Open: $1,694 Gold Spot Price Close: $1,695 Change in Gold Spot Price:+$1 Silver Spot Price Open: $32.84 Silver Spot Price Close: $32.93 Change in Silver Spot Price:+$0.09 Today both gold and silver moved very little but what movement there was happened to be positive. Gold finished up about a dollar while silver…

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    JM Bullion Gold and Silver Market Update (12/4/12)

    Gold Spot Price Open: $1,717 Gold Spot Price Close: $1,699 Change in Gold Spot Price:-$18 Silver Spot Price Open: $33.68 Silver Spot Price Close: $32.98 Change in Silver Spot Price:-$0.70 On Tuesday, gold dropped a large bit of money, nearing almost 20 dollars whereas silver dropped, but not nearly as much. Part of the blame…

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    JM Bullion Gold and Silver Market Update (12/3/12)

    Gold Spot Price Open: $1,715 Gold Spot Price Close: $1,718 Change in Gold Spot Price:+$3 Silver Spot Price Open: $33.44 Silver Spot Price Close: $33.71 Change in Silver Spot Price:+$0.27 Monday was a relief for many investors as we witnessed an increase in both gold and silver after the large liquidations of the metals late…

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    JM Bullion Gold and Silver Market Update (11/29/12)

    Gold Spot Price Open: $1,721 Gold Spot Price Close: $1,728 Change in Gold Spot Price:+$7 Silver Spot Price Open: $33.77 Silver Spot Price Close: $34.31 Change in Silver Spot Price:+$0.54 After gold was getting rid of like a hot potato yesterday, both gold and silver were able to bounce back a little bit on Thursday….

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    JM Bullion Gold and Silver Market Update (11/28/12)

    Gold Spot Price Open: $1,745 Gold Spot Price Close: $1,719 Change in Gold Spot Price:-$26 Silver Spot Price Open: $34.10 Silver Spot Price Close: $33.76 Change in Silver Spot Price:-$0.34 While gold and silver both did not make much movement through Monday and Tuesday, Wednesday saw them take a significant dip. Part of the reason…

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    JM Bullion Gold and Silver Market Update (11/27/12)

    Gold Spot Price Open: $1,750 Gold Spot Price Close: $1,744 Change in Gold Spot Price:-$6 Silver Spot Price Open: $34.11 Silver Spot Price Close: $34.10 Change in Silver Spot Price:-$0.01 On Tuesday gold and silver slipped a little bit as news from Europe and the United States worked against the valuation of precious metals on…

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    JM Bullion Gold and Silver Market Update (11/26/12)

    Gold Spot Price Open: $1,753 Gold Spot Price Close: $1,751 Change in Gold Spot Price: -$2 Silver Spot Price Open: $34.03 Silver Spot Price Close: $34.21 Change in Silver Spot Price:+$0.18 There are two main reasons why both gold and silver remained relatively stagnant on Monday. Silver finished on the positive today, up about 20…

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    JM Bullion Gold and Silver Market Update (11/23/12)

    Gold Spot Price Open: $1,730 Gold Spot Price Close: $1,750 Change in Gold Spot Price: +20 Silver Spot Price Open: $33.38 Silver Spot Price Close: $34.23 Change in Silver Spot Price:+$0.85 The day after Americans celebrated Thanksgiving was a great one for both gold and silver as gold picked up about 20 dollars and silver…

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    JM Bullion Gold and Silver Market Update (11/22/12)

    Gold Spot Price Open: $1,730 Gold Spot Price Close: $1,730 Change in Gold Spot Price: None Silver Spot Price Open: $33.33 Silver Spot Price Close: $33.35 Change in Silver Spot Price:+$0.02 As US markets were closed due to Thanksgiving today, there was very little change in both the price of gold and silver. Gold actually…

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    JM Bullion Gold and Silver Market Update (11/21/12)

    Gold Spot Price Open: $1,726 Gold Spot Price Close: $1,730 Change in Gold Spot Price:+$4 Silver Spot Price Open: $33.00 Silver Spot Price Close: $33.43 Change in Silver Spot Price:+$0.43 Gold ended this shortened week on a positive note having picked up 4 dollars today while silver gained almost a half dollar. The week was…

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    JM Bullion Gold and Silver Market Update (11/20/12)

    Gold Spot Price Open: $1,734 Gold Spot Price Close: $1,729 Change in Gold Spot Price:-$5 Silver Spot Price Open: $33.17 Silver Spot Price Close: $33.20 Change in Silver Spot Price:+$0.03 After a strong start on Monday, both gold and silver took a bit of a step backwards on Tuesday. Gold lost about 5 dollars while…

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    JM Bullion Gold and Silver Market Update (11/19/12)

    Gold Spot Price Open: $1,714 Gold Spot Price Close: $1,733 Change in Gold Spot Price:+$19 Silver Spot Price Open: $32.28 Silver Spot Price Close: $33.16 Change in Silver Spot Price:+$0.88 Gold and silver saw nice gains on Monday as the beginning of a new week is already looking better than the end of last week….

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    JM Bullion Gold and Silver Market Update (11/16/12)

    Gold Spot Price Open: $1,713 Gold Spot Price Close: $1,714 Change in Gold Spot Price:+$1 Silver Spot Price Open: $32.55 Silver Spot Price Close: $32.22 Change in Silver Spot Price:-$0.33 Gold and silver remained relatively motionless on Friday to conclude what has been a less than stellar week for both precious metals, but especially gold….

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    JM Bullion Gold and Silver Market Update (11/15/12)

    Gold Spot Price Open: $1,730 Gold Spot Price Close: $1,718 Change in Gold Spot Price:-$12 Silver Spot Price Open: $32.79 Silver Spot Price Close: $32.66 Change in Silver Spot Price:-$0.13 Gold and silver both had an off day on Thursday as we near the end of what has turned into a disappointing week for precious…

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    JM Bullion Gold and Silver Market Update (11/14/12)

    Gold Spot Price Open: $1,727 Gold Spot Price Close: $1,729 Change in Gold Spot Price:+$2 Silver Spot Price Open: $32.58 Silver Spot Price Close: $32.77 Change in Silver Spot Price:+$0.19 On Wednesday Obama spoke publicly about the upcoming “fiscal cliff” but his words did little in the way of altering the movement of either gold…

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