Posted on August 29, 2016
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…
Posted on August 29, 2016
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,…
Posted on August 26, 2016
Gold Spot Price Open: $1,325 Gold Spot Price Close: $1,324 Change in Gold Spot Price: -$1 Silver Spot Price Open: $18.61 Silver Spot Price Close: $18.65 Change in Silver Spot Price: +$0.04 Precious metals were given a boost on Friday, but were also delivered some news that threatened to push spot values even lower. When…
Posted on August 26, 2016
Market Overview: Gold and silver are both moving higher in early trade as some last minute position squaring and short covering are featured. Markets are readying themselves for what could be considered the most important news release of the month — a speech by Federal Reserve Chairwoman Janet Yellen from the Fed symposium in Jackson…
Posted on August 26, 2016
In the modern era, those in pursuit of wealth and financial security are often said to be under the spell of the Almighty Dollar. This, of course, refers to the U.S. Dollar ($) which is used as a standard form of currency in transactions around the globe. The fiat currency of the United States, the…
Posted on August 25, 2016
Gold Spot Price Open: $1,328 Gold Spot Price Close: $1,325 Change in Gold Spot Price: -$3 Silver Spot Price Open: $18.64 Silver Spot Price Close: $18.50 Change in Silver Spot Price: -$0.14 Gold and silver did not exactly impress on Thursday, but they stopped the drastic slides that have marked the past few trading sessions….
Posted on August 24, 2016
Gold Spot Price Open: $1,343 Gold Spot Price Close: $1,327 Change in Gold Spot Price: -$16 Silver Spot Price Open: $19.00 Silver Spot Price Close: $18.55 Change in Silver Spot Price: -$0.45 Gold and silver ended up moving lower again on Wednesday mostly thanks to a general lack of fresh news as well as bearish…
Posted on August 23, 2016
Gold Spot Price Open: $1,341 Gold Spot Price Close: $1,341 Change in Gold Spot Price: NO CHANGE Silver Spot Price Open: $18.95 Silver Spot Price Close: $18.82 Change in Silver Spot Price: -$0.13 Precious metals did decently on Tuesday, and when I say decently I am essentially saying that they did not lose all that…
Posted on August 22, 2016
Gold Spot Price Open: $1,343 Gold Spot Price Close: $1,341 Change in Gold Spot Price: -$2 Silver Spot Price Open: $19.39 Silver Spot Price Close: $18.88 Change in Silver Spot Price: -$0.51 Precious metals ended up spinning their wheels for the most part on Monday and did not do much in the way of making…
Posted on August 22, 2016
Market Overview: Gold and silver are both under some selling pressure today as the dollar index gains ground and the crude oil market declines. Light summer trading volumes remain a key theme for this week, and investors are looking forward to the Fed’s annual symposium to be held this week in Jackson Hole, Wyoming. With…
Posted on August 19, 2016
Gold Spot Price Open: $1,354 Gold Spot Price Close: $1,344 Change in Gold Spot Price: -$10 Silver Spot Price Open: $19.83 Silver Spot Price Close: $19.25 Change in Silver Spot Price: -$0.58 Precious metals continued sliding on Friday to close out a poor week on a somewhat poor note. When all was said and done,…
Posted on August 19, 2016
Market Overview: Gold and silver are both seeing some moderate selling pressure this morning as as lack of fresh bullish inputs as well as buying in the dollar index weigh on the metals. The markets remain in the midst of the summer doldrums, and lower than normal trading volumes also have the potential to drive…
Posted on August 19, 2016
The key to an awesome precious metal coin collection is diversification. While it’s all well and good to have only Proof American Silver Eagle coins, wouldn’t your collection be that much more impressive if you had rare issues of the Proof Canadian Silver Maple Leaf, Proof Australian Silver Kookaburra, or some of the many historic…
Posted on August 18, 2016
Gold Spot Price Open: $1,346 Gold Spot Price Close: $1,355 Change in Gold Spot Price: +$9 Silver Spot Price Open: $19.68 Silver Spot Price Close: $19.70 Change in Silver Spot Price: +$0.02 Gold and silver both managed to bounce back a bit after Wednesday, when the FOMC minutes from July’s meeting were more hawkish than…
Posted on August 17, 2016
Gold Spot Price Open: $1,352 Gold Spot Price Close: $1,350 Change in Gold Spot Price: -$2 Silver Spot Price Open: $19.93 Silver Spot Price Close: $19.62 Change in Silver Spot Price: -$0.31 Gold spent the first part of the day on Wednesday losing value, but were able to fight back after the FOMC minutes were…
Posted on August 16, 2016
Gold Spot Price Open: $1,343 Gold Spot Price Close: $1,348 Change in Gold Spot Price: +$5 Silver Spot Price Open: $19.94 Silver Spot Price Close: $19.71 Change in Silver Spot Price: -$0.23 Precious metals finished the day mixed on Tuesday amid market conditions that have remained mostly constant since last week. When all was said…
Posted on August 15, 2016
Gold Spot Price Open: $1,338 Gold Spot Price Close: $1,341 Change in Gold Spot Price: +$3 Silver Spot Price Open: $19.78 Silver Spot Price Close: $19.74 Change in Silver Spot Price: -$0.04 Despite Monday being a mostly slow day across the global marketplace gold and silver were both able to perform half-decently on the day….
Posted on August 15, 2016
Market Overview: Both gold and silver are moving slightly higher in early trade today. Gold is up $1.50 per ounce as of this post in what appears to be very light trading volumes. Mid-August has arrived and markets could simply drift into September at this point as investors take last minute vacations and time off….
Posted on August 12, 2016
Gold Spot Price Open: $1,346 Gold Spot Price Close: $1,338 Change in Gold Spot Price: -$8 Silver Spot Price Open: $20.13 Silver Spot Price Close: $19.64 Change in Silver Spot Price: -$0.49 Gold and silver ended up losing on Friday, but before the day was through they were given some support thanks to weaker than…
Posted on August 12, 2016
Market Overview: Gold prices are seeing some moderate selling pressure in very early trade today as higher equities and stronger risk appetite weigh on the yellow metal. Increasing expectations for a December rate hike from the Fed are not doing gold any favors either. With light summer trading volumes, gold appears to be drifting lower…
Posted on August 12, 2016
In the first post in a series of three winning entries from JM Bullion followers on Facebook, we’re going to take a look at how many of the popular precious metal products that numismatists purchase today are made. From gold and silver bars to Burnished American Eagles, there are various processes used by mints and…
Posted on August 11, 2016
Gold Spot Price Open: $1,350 Gold Spot Price Close: $1,339 Change in Gold Spot Price: -$11 Silver Spot Price Open: $20.28 Silver Spot Price Close: $19.88 Change in Silver Spot Price: -$0.40 Gold and silver dipped on Thursday thanks to some news regarding the future of the crude oil market. When all was said and…
Posted on August 10, 2016
Gold Spot Price Open: $1,344 Gold Spot Price Close: $1,350 Change in Gold Spot Price: +$6 Silver Spot Price Open: $19.92 Silver Spot Price Close: $20.12 Change in Silver Spot Price: +$0.20 Precious metals continued to fare decently on Wednesday, but are finding it difficult to make sustained moves forward. When all was said and…
Posted on August 09, 2016
Gold Spot Price Open: $1,337 Gold Spot Price Close: $1,343 Change in Gold Spot Price: +$6 Silver Spot Price Open: $19.81 Silver Spot Price Close: $19.79 Change in Silver Spot Price: -$0.02 Metals have done some moving through the early parts of this week, but if we are being honest the movement has been less…
Posted on August 08, 2016
Gold Spot Price Open: $1,335 Gold Spot Price Close: $1,338 Change in Gold Spot Price: +$3 Silver Spot Price Open: $19.69 Silver Spot Price Close: $19.67 Change in Silver Spot Price: -$0.02 Gold and silver made gains on Monday, but they were realistically not anything to write home about after Friday’s losses. When all was…