Posted on December 12, 2016
Gold Spot Price Open: $1,163 Gold Spot Price Close: $1,165 Change in Gold Spot Price: +$2 Silver Spot Price Open: $16.93 Silver Spot Price Close: $17.06 Change in Silver Spot Price: +$0.13 Gold and silver opened up the week in an interesting way, with both metals moving in opposite directions but not managing to finish…
Posted on December 12, 2016
Market Overview: Gold is flat in early trade this morning while silver is putting together some decent gains in early action. These markets remain in a very bearish technical posture, and it remains to be seen if a near-term bottom is in the works. Trading action may be somewhat subdued this week ahead of the…
Posted on December 09, 2016
Gold Spot Price Open: $1,173 Gold Spot Price Close: $1,163 Change in Gold Spot Price: -$10 Silver Spot Price Open: $17.08 Silver Spot Price Close: $16.86 Change in Silver Spot Price: -$0.22 Precious metals did on Friday what they have done for a majority of the last few weeks; lose value. When all was said…
Posted on December 09, 2016
Market Overview: Both gold and silver are trading slightly lower this morning as risk appetite remains high and as key outside markets also likely fuel some selling in the metals. Both gold and silver remain on the defensive, however, and it remains to be seen if physical demand will be enough to stop the slide….
Posted on December 09, 2016
The US Mint has come a long way from the days of using horse, oxen, and men to power its coining presses. As of 2015, the United States Mint has the capacity to produce as many as 28 billion coins annually. The modern United States Mint consists of four primary coining facilities: San Francisco Mint,…
Posted on December 08, 2016
Gold Spot Price Open: $1,178 Gold Spot Price Close: $1,175 Change in Gold Spot Price: -$3 Silver Spot Price Open: $17.24 Silver Spot Price Close: $16.99 Change in Silver Spot Price: -$0.25 Precious metals, after making gains on Wednesday, were seen losing value throughout most of the day. When all was said and done, gold…
Posted on December 07, 2016
Gold Spot Price Open: $1,172 Gold Spot Price Close: $1,177 Change in Gold Spot Price: +$5 Silver Spot Price Open: $16.79 Silver Spot Price Close: $17.09 Change in Silver Spot Price: +$0.30 Though this is something we haven’t said in a while, precious metals actually managed to gain some ground on Wednesday. When all was…
Posted on December 06, 2016
Gold Spot Price Open: $1,176 Gold Spot Price Close: $1,173 Change in Gold Spot Price: -$3 Silver Spot Price Open: $16.84 Silver Spot Price Close: $16.70 Change in Silver Spot Price: -$0.14 It’s a different day, but the story is much of the same for precious metals as losing ways continued. When all was said…
Posted on December 05, 2016
Gold Spot Price Open: $1,180 Gold Spot Price Close: $1,173 Change in Gold Spot Price: -$7 Silver Spot Price Open: $16.81 Silver Spot Price Close: $16.71 Change in Silver Spot Price: -$0.10 Precious metals continued their losing ways to begin the week and gold hit a fresh 10-month low early Monday as bearish market conditions…
Posted on December 05, 2016
Market Overview: Gold and silver are both under selling pressure in early trade today, as risk appetite remains robust. This appetite for risk to begin the new trading week comes in spite of yesterday’s referendum in Italy producing a “no” vote to constitutional reforms. The Italian Prime Minister tendered his resignation as he said he…
Posted on December 02, 2016
Gold Spot Price Open: $1,175 Gold Spot Price Close: $1,179 Change in Gold Spot Price: +$4 Silver Spot Price Open: $16.65 Silver Spot Price Close: $16.67 Change in Silver Spot Price: +$0.02 Gold and silver began the day conceding value, but it did not take entirely too long for some short-covering to come into play…
Posted on December 02, 2016
Market Overview: The gold and silver markets are mixed in early action following the release of the latest Employment Situation report for November. These precious metals have been trying to find a bottom since the Trump rally in stocks began following the Presidential election earlier this month. Although gold and silver have not been able…
Posted on December 02, 2016
JM Bullion is a proud authorized dealer of sovereign mint annual bullion releases, but we also carry a wide array of proof collectible coins and historic American coinage with designs you simply do not find on modern American currency. If you’ve long felt the draw toward collecting coins, you probably feel overwhelmed with where to…
Posted on December 01, 2016
Gold Spot Price Open: $1,178 Gold Spot Price Close: $1,176 Change in Gold Spot Price: -$2 Silver Spot Price Open: $16.57 Silver Spot Price Close: $16.48 Change in Silver Spot Price: -$0.09 Even though OPEC’s decision to cut oil production may, on its face, have sounded like it would push spot values higher. When all…
Posted on November 30, 2016
Gold Spot Price Open: $1,192 Gold Spot Price Close: $1,178 Change in Gold Spot Price: -$14 Silver Spot Price Open: $16.76 Silver Spot Price Close: $16.51 Change in Silver Spot Price: -$0.15 Precious metals continued their losing ways on Wednesday thanks, in part, to the conclusion of this week’s OPEC meeting. When all was said…
Posted on November 29, 2016
Gold Spot Price Open: $1,194 Gold Spot Price Close: $1,192 Change in Gold Spot Price: -$2 Silver Spot Price Open: $16.69 Silver Spot Price Close: $16.62 Change in Silver Spot Price: -$0.07 After performing decently to begin the week, both gold and silver took a downward turn on Tuesday thanks to some better than expected…
Posted on November 28, 2016
Gold Spot Price Open: $1,186 Gold Spot Price Close: $1,195 Change in Gold Spot Price: +$9 Silver Spot Price Open: $16.60 Silver Spot Price Close: $16.56 Change in Silver Spot Price: -$0.04 Precious metals opened up the last week of November posting mixed results. When all was said and done on Monday, gold added roughly…
Posted on November 28, 2016
Market Overview: Both gold and silver are moving higher in early trade this morning, although both metals are well-off their overnight highs. Gold and silver may finally be seeing some bargain hunting come into the market, and shorts may also be doing some covering following the recent move lower in both metals. The highly anticipated…
Posted on November 25, 2016
Market Overview: The precious metals complex is mixed today in light holiday trade, with gold declining while silver sees a little buying. Volumes are likely to be extremely light today following the Thanksgiving Holiday yesterday, as most investors take advantage of the long weekend. Gold and silver investors are in need of some bullish news,…
Posted on November 25, 2016
Gold Spot Price Open: $1,186 Gold Spot Price Close: $1,186 Change in Gold Spot Price: NO CHANGE Silver Spot Price Open: $16.40 Silver Spot Price Close: $16.51 Change in Silver Spot Price: +$0.11 Precious metals managed to make some small gains on Friday as some Americans returned from the Thanksgiving Day holiday. When all was…
Posted on November 25, 2016
Australia’s Perth Mint is well known for its annual-release silver bullion coin programs, many of which have a matching gold release. Familiar examples you no doubt know include the Australian Silver Kookaburra and Australian Silver Koala. In 2016, the Perth Mint introduced a new option for fans of its annual-release, animal-themed Australian Silver coins. The…
Posted on November 23, 2016
Gold Spot Price Open: $1,214 Gold Spot Price Close: $1,190 Change in Gold Spot Price: -$24 Silver Spot Price Open: $16.72 Silver Spot Price Close: $16.31 Change in Silver Spot Price: -$0.41 Precious metals fell sharply on Wednesday even despite some US economic data that might have led people to believe the opposite might happen….
Posted on November 22, 2016
Gold Spot Price Open: $1,212 Gold Spot Price Close: $1,214 Change in Gold Spot Price: +$2 Silver Spot Price Open: $16.60 Silver Spot Price Close: $16.62 Change in Silver Spot Price: +$0.02 Metals made small gains on Tuesday even despite a piece of US economic data that came back better than expected. When all was…
Posted on November 21, 2016
Gold Spot Price Open: $1,210 Gold Spot Price Close: $1,216 Change in Gold Spot Price: +$6 Silver Spot Price Open: $16.61 Silver Spot Price Close: $16.56 Change in Silver Spot Price: -$0.05 Precious metals are experiencing mixed results on Monday thanks to the USD backing off a bit. When all was said and done, gold…
Posted on November 21, 2016
Market Overview: Both gold and silver are modestly higher in early trade today. In what will likely be a very low volume trading week, gold and silver could potentially benefit from some short covering as well as back and fill trade in key outside markets. Markets continue to digest the recent Presidential election, and for…