JMBullion.com Blog

Market Overview: Both gold and silver prices are under some slight pressure in early trade this morning, as a stronger dollar index and some profit taking drive some selling. Markets continue to digest Wednesday’s FOMC meeting vote and commentary. The Fed elected to hold rates steady by a vote of 73, but did allude to…

Gold Spot Price Open: $1,329 Gold Spot Price Close: $1,339 Change in Gold Spot Price: +$10 Silver Spot Price Open: $19.77 Silver Spot Price Close: $19.86 Change in Silver Spot Price: +$0.09 Much to the surprise of many, precious metals were able to continue trekking forward on Thursday and added to Wednesday’s post central bank…

Gold Spot Price Open: $1,316 Gold Spot Price Close: $1,334 Change in Gold Spot Price: +$18 Silver Spot Price Open: $19.28 Silver Spot Price Close: $19.77 Change in Silver Spot Price: +$0.49 Precious metals made nice gains on the day thanks to, you guessed it, the outcomes of central bank meetings from Japan and the…

Gold Spot Price Open: $1,316 Gold Spot Price Close: $1,317 Change in Gold Spot Price: +$1 Silver Spot Price Open: $19.25 Silver Spot Price Close: $19.22 Change in Silver Spot Price: -$0.03 Precious metals did not do much moving thanks to most investors holding their positions as two very important central bank meetings kicked off…

Gold Spot Price Open: $1,312 Gold Spot Price Close: $1,316 Change in Gold Spot Price: +$4 Silver Spot Price Open: $18.84 Silver Spot Price Close: $19.13 Change in Silver Spot Price: +$0.29 Precious metals were able to gain some traction on Monday thanks, mostly, to a weaker US Dollar. By the time things were brought…

Market Overview: Both gold and silver are seeing strong buying in early action today. A weaker dollar index may be fueling some of the buying to kick off the new trading week, while bargain hunters may also be active today. Despite the gains being seen today, the precious metals markets may be vulnerable to heightened…

Gold Spot Price Open: $1,319 Gold Spot Price Close: $1,312 Change in Gold Spot Price: -$7 Silver Spot Price Open: $19.10 Silver Spot Price Close: $18.76 Change in Silver Spot Price: -$0.34 Gold and silver both lost to close out what has been a less than stellar week for precious metals across the board. When…

Gold Spot Price Open: $1,324 Gold Spot Price Close: $1,317 Change in Gold Spot Price: -$7 Silver Spot Price Open: $19.05 Silver Spot Price Close: $18.99 Change in Silver Spot Price: -$0.06 Precious metals conceded some value today as some middle of the road US economic data was dealt. When all was said and done,…

Gold Spot Price Open: $1,322 Gold Spot Price Close: $1,324 Change in Gold Spot Price: +$2 Silver Spot Price Open: $18.95 Silver Spot Price Close: $18.96 Change in Silver Spot Price: +$0.01 After falling a little to begin the week, precious metals ended up making some gains thanks to a slipping Dollar. When all was…

Gold Spot Price Open: $1,329 Gold Spot Price Close: $1,321 Change in Gold Spot Price: -$8 Silver Spot Price Open: $19.10 Silver Spot Price Close: $18.85 Change in Silver Spot Price: -$0.25 Gold and silver fell on Tuesday, but the feeling is that things could have been a lot worse were it not for under-performing…

Gold Spot Price Open: $1,330 Gold Spot Price Close: $1,329 Change in Gold Spot Price: -$1 Silver Spot Price Open: $19.13 Silver Spot Price Close: $19.08 Change in Silver Spot Price: -$0.05 Precious metals did little moving on Monday, but the movement that was recorded was mostly downward in direction. When all was said and…

Market Overview: Both gold and silver are seeing further selling pressure today as ongoing interest rate hike fears take a toll. Markets are calmer in early action today, following steep losses in stocks on Friday. September and October has seen heightened stock market volatility at times in the past, and the notion of a rate…

Gold Spot Price Open: $1,340 Gold Spot Price Close: $1,331 Change in Gold Spot Price: -$9 Silver Spot Price Open: $19.65 Silver Spot Price Close: $19.03 Change in Silver Spot Price: -$0.62 Gold and silver did not exactly impress to close out the week, but considering the circumstances their collective performances on Friday was noteworthy….

Market Overview: Gold is under some selling pressure in early action Friday as investors digest some hawkish commentary from a Fed official this morning. The comments do appear to be shifting rate expectations slightly, with chances of a September hike on the rise, yet still very low. It does appear, however, that the central bank…

Gold Spot Price Open: $1,348 Gold Spot Price Close: $1,339 Change in Gold Spot Price: -$9 Silver Spot Price Open: $19.82 Silver Spot Price Close: $19.57 Change in Silver Spot Price: -$0.25 Gold and silver continued to pullback on Thursday as even more people decided to cash in on recent gains. When all was said…

Gold Spot Price Open: $1,354 Gold Spot Price Close: $1,348 Change in Gold Spot Price: -$6 Silver Spot Price Open: $20.16 Silver Spot Price Close: $19.75 Change in Silver Spot Price: -$0.41 Precious metals moved down on Wednesday, but that downward movement had more to do with consolidation after yesterday’s gains than anything else. When…

Gold Spot Price Open: $1,330 Gold Spot Price Close: $1,353 Change in Gold Spot Price: +$23 Silver Spot Price Open: $19.44 Silver Spot Price Close: $20.04 Change in Silver Spot Price: +$0.60 Precious metals ended up continuing to gain on Tuesday, making nice strides forward to officially open the week. When all was said and…

Gold Spot Price Open: $1,328 Gold Spot Price Close: $1,330 Change in Gold Spot Price: +$2 Silver Spot Price Open: $19.51 Silver Spot Price Close: $19.52 Change in Silver Spot Price: +$0.01 Gold and silver both squeezed out gains on Monday, but seeing as most North American markets were closed the day was more of…

Gold Spot Price Open: $1,316 Gold Spot Price Close: $1,328 Change in Gold Spot Price: +$12 Silver Spot Price Open: $18.91 Silver Spot Price Close: $19.43 Change in Silver Spot Price: +$0.52 Though there were plenty of other topics to discuss this week, few were more important than today’s non-farms report from the month of…

Market Overview: Both gold and silver are seeing strong gains following the release of the the Employment Situation report for August. Markets may be breathing a sigh of relief as the non-farm payrolls data would seem to suggest that the Fed is not likely to hike at its meeting this month. There may also be…

Gold Spot Price Open: $1,311 Gold Spot Price Close: $1,317 Change in Gold Spot Price: +$6 Silver Spot Price Open: $18.68 Silver Spot Price Close: $18.89 Change in Silver Spot Price: +$0.21 Despite the positive US economic data we have received this week, precious metals were able to battle back on Wednesday and post some…

Gold Spot Price Open: $1,316 Gold Spot Price Close: $1,312 Change in Gold Spot Price: -$4 Silver Spot Price Open: $18.66 Silver Spot Price Close: $18.65 Change in Silver Spot Price: -$0.01 Gold and silver extended losses on Wednesday as the investing world gears up for the plethora of employment data being dealt over the…

Gold Spot Price Open: $1,327 Gold Spot Price Close: $1,314 Change in Gold Spot Price: -$13 Silver Spot Price Open: $18.89 Silver Spot Price Close: $18.58 Change in Silver Spot Price: -$0.31 Gold and silver suffered a pullback on Tuesday mostly thanks to a stronger US Dollar. When all was said and done, gold ended…

Gold Spot Price Open: $1,323 Gold Spot Price Close: $1,326 Change in Gold Spot Price: +$3 Silver Spot Price Open: $18.75 Silver Spot Price Close: $18.81 Change in Silver Spot Price: +$0.06 Precious metals were able to make small gains to begin the week, but outside markets are beginning to look bearish already. When all…

Market Overview: Gold is seeing some slight selling pressure in early trade today to begin the new trading week. Investors are still digesting Friday’s commentary from several Fed officials, including Fed Chairwoman Janet Yellen and Vice-Chairman Stanley Fischer. Officials from the Fed symposium in Jackson Hole, Wyoming appeared to take on a more hawkish tone,…