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    JMBullion.com Blog

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

    Gold Spot Price Open: $1,267 Gold Spot Price Close: $1,227 Change in Gold Spot Price: -$40 Silver Spot Price Open: $18.77 Silver Spot Price Close: $17.32 Change in Silver Spot Price: -$1.45 Gold and silver are both going to finish the day on Friday having lost a lot ground, and for the week both metals…

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    JM Bullion Weekly Market Review (11/11/16)

    Market Overview: Markets still appear to be trying to figure out what they want to do. Financial markets have thus far not behaved in the way many thought they would given a Trump election victory. Risk appetite appears to be relatively high once again, and despite the protests and some of the negative commentary in…

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    JM Bullion Gold and Silver Market Update (11/10/16)

    Gold Spot Price Open: $1,276 Gold Spot Price Close: $1,261 Change in Gold Spot Price: -$15 Silver Spot Price Open: $18.48 Silver Spot Price Close: $18.59 Change in Silver Spot Price: +$0.11 Precious metals finished the day on Thursday mixed as talk of the recently completed election persists. When all was said and done, gold…

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    JM Bullion Gold and Silver Market Update (11/9/16)

    Gold Spot Price Open: $1,278 Gold Spot Price Close: $1,280 Change in Gold Spot Price: +$2 Silver Spot Price Open: $18.41 Silver Spot Price Close: $18.46 Change in Silver Spot Price: +$0.05 While it initially looked like Wednesday might see massive gains for metals, such did not pan out by the time markets closed. When…

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    JM Bullion Gold and Silver Market Update (11/8/16)

    Gold Spot Price Open: $1,283 Gold Spot Price Close: $1,278 Change in Gold Spot Price: -$5 Silver Spot Price Open: $18.28 Silver Spot Price Close: $18.34 Change in Silver Spot Price: +$0.06 Precious metals finished mixed on Tuesday, but most people are ignoring today’s action as the market awaits the results of the US presidential…

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    JM Bullion Gold and Silver Market Update (11/7/16)

    Gold Spot Price Open: $1,307 Gold Spot Price Close: $1,284 Change in Gold Spot Price: -$23 Silver Spot Price Open: $18.49 Silver Spot Price Close: $18.16 Change in Silver Spot Price: -$0.33 Precious metals ended up taking a hit and giving back a lot of the gains that were made last week. When all was said…

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    JM Bullion Weekly Market Preview (11/7/16)

    Market Overview: Gold and silver are both seeing some decent selling pressure in early action today to kick off the new trading week. The metals are being sold as risk appetite comes roaring back following an announcement yesterday that the FBI has again cleared Presidential candidate Hillary Clinton of any charges. This latest development follows…

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    JM Bullion Gold and Silver Market Update (11/4/16)

    Gold Spot Price Open: $1,303 Gold Spot Price Close: $1,307 Change in Gold Spot Price: +$4 Silver Spot Price Open: $18.38 Silver Spot Price Close: $18.38 Change in Silver Spot Price: NO CHANGE Gold and silver picked up ground on Friday thanks to an employment report that slightly missed the mark. When all was said…

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    JM Bullion Weekly Market Review (11/4/16)

    Market Overview: Both gold and silver are moving slightly lower in early trade today as investors digest the latest Employment Situation report. The clock is now rapidly ticking towards the highly anticipated Presidential election, which at this point appears to be a very tight race. Donald Trump has closed the gap significantly in the last…

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    JM Bullion Gold and Silver Market Update (11/3/16)

    Gold Spot Price Open: $1,308 Gold Spot Price Close: $1,305 Change in Gold Spot Price: -$3 Silver Spot Price Open: $18.71 Silver Spot Price Close: $18.32 Change in Silver Spot Price: -$0.39 Precious metals conceded some value on Thursday after the first half of the week yielded nice gains. When all was said and done,…

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    JM Bullion Gold and Silver Market Update (11/2/16)

    Gold Spot Price Open: $1,291 Gold Spot Price Close: $1,299 Change in Gold Spot Price: +$8 Silver Spot Price Open: $18.47 Silver Spot Price Close: $18.46 Change in Silver Spot Price: -$0.01 Both gold and silver have performed quite well over the past 2 days (when you consider the circumstances surrounding the election and interest…

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    JM Bullion Gold and Silver Market Update (11/1/16)

    Gold Spot Price Open: $1,276 Gold Spot Price Close: $1,290 Change in Gold Spot Price: +$14 Silver Spot Price Open: $17.86 Silver Spot Price Close: $18.34 Change in Silver Spot Price: +$0.48 Both gold and silver added some decent value on Tuesday thanks to mounting jitters regarding the outcome of the upcoming US presidential election….

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    JM Bullion Gold and Silver Market Update (10/31/16)

    Gold Spot Price Open: $1,278 Gold Spot Price Close: $1,279 Change in Gold Spot Price: +$1 Silver Spot Price Open: $17.80 Silver Spot Price Close: $17.86 Change in Silver Spot Price: +$0.06 Precious metals got the week off to a slow start on Monday and did not do all that much moving by day’s end….

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    JM Bullion Weekly Market Preview (10/31/16)

    Market Overview: The precious metals are a bit of a mixed bag this morning, with gold slightly lower while silver is slightly higher. Gold is likely seeing a bit of a pullback following some buying on Friday after news broke of the FBI reopening a probe of Hillary Clinton’s emails. Although it remains unclear what,…

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    JM Bullion Gold and Silver Market Update (10/28/16)

    Gold Spot Price Open: $1,272 Gold Spot Price Close: $1,278 Change in Gold Spot Price: +$6 Silver Spot Price Open: $17.70 Silver Spot Price Close: $17.75 Change in Silver Spot Price: +$0.05 Even though this final day of the week emitted what many are calling a surprise piece of economic data, the precious metals market…

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    JM Bullion Weekly Market Review (10/28/16)

    Market Overview: Both gold and silver are drifting slightly lower in early trade on Friday as markets await the release of some key economic data. Although it has been drifting higher, the gold market has remained within a very tight trading range this week. The market could potentially be gearing up for a sizable move,…

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    JM Bullion Gold and Silver Market Update (10/27/16)

    Gold Spot Price Open: $1,269 Gold Spot Price Close: $1,271 Change in Gold Spot Price: +$2 Silver Spot Price Open: $17.66 Silver Spot Price Close: $17.59 Change in Silver Spot Price: -$0.07 Gold and silver made small strides forward on Thursday thanks to some economic data from the US that was not as positive as…

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    JM Bullion Gold and Silver Market Update (10/26/16)

    Gold Spot Price Open: $1,276 Gold Spot Price Close: $1,269 Change in Gold Spot Price: -$7 Silver Spot Price Open: $17.83 Silver Spot Price Close: $17.59 Change in Silver Spot Price: -$0.24 Gold and silver finished the day on Wednesday in the red after the yellow metal managed to strike a 3-week high during the…

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    JM Bullion Gold and Silver Market Update (10/25/16)

    Gold Spot Price Open: $1,265 Gold Spot Price Close: $1,276 Change in Gold Spot Price: +$11 Silver Spot Price Open: $17.63 Silver Spot Price Close: $17.74 Change in Silver Spot Price: +$0.11 Precious metals managed to gain some ground on Tuesday thanks to some weaker than expected economic data from the US. When all was…

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    JM Bullion Gold and Silver Market Update (10/24/16)

    Gold Spot Price Open: $1,268 Gold Spot Price Close: $1,267 Change in Gold Spot Price: -$1 Silver Spot Price Open: $17.57 Silver Spot Price Close: $17.56 Change in Silver Spot Price: -$0.01 Precious metals performed half-decently to begin the week, but even a half-decent performance couldn’t stop spot values from inching downward. When all was…

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    JM Bullion Weekly Market Preview (10/24/16)

    Market Overview: Gold and silver are both higher in early trade to kick off the new trading week. The precious metals complex remains lacking any fresh, bullish catalyst, however, and any upside could potentially be limited. This week will be a busy one with both corporate earnings announcements and a heavy dose of economic reports….

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    JM Bullion Gold and Silver Market Report (10/21/16)

    Gold Spot Price Open: $1,269 Gold Spot Price Close: $1,269 Change in Gold Spot Price: NO CHANGE Silver Spot Price Open: $17.58 Silver Spot Price Close: $17.50 Change in Silver Spot Price: -$0.08 Precious metals mostly treaded water on Friday and will end the week posting very marginal weekly gains. When all was said and…

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    JM Bullion Weekly Market Review (10/21/16)

    Market Overview: Both gold and silver are moving slightly lower in early, uneventful trade. Gold did see a bit of an upside breakout this week, however, it remains to be seen if prices will be able to sustain any type of significant ascent. With the U.S. Presidential election quickly approaching, gold may see some good…

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    JM Bullion Gold and Silver Market Update (10/20/16)

    Gold Spot Price Open: $1,271 Gold Spot Price Close: $1,269 Change in Gold Spot Price: -$2 Silver Spot Price Open: $17.71 Silver Spot Price Close: $17.52 Change in Silver Spot Price: -$0.19 After what was, in truth, a fairly decent start to the week, metals dropped on Thursday thanks to some US economic data that…

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    JM Bullion Gold and Silver Market Update (10/19/16)

    Gold Spot Price Open: $1,264 Gold Spot Price Close: $1,271 Change in Gold Spot Price: +$7 Silver Spot Price Open: $17.67 Silver Spot Price Close: $17.65 Change in Silver Spot Price: -$0.04 Precious metals continued to benefit from bullish outside markets on Wednesday and continued what has quickly become a somewhat positive week. When all…

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