Posted on May 02, 2013
Gold Spot Price Open: $1,446 Gold Spot Price Close: $1,468 Change in Gold Spot Price:+$22 Silver Spot Price Open: $23.39 Silver Spot Price Close: $23.87 Change in Silver Spot Price:+$0.48 Gold and silver both, after suffering further losses overnight, rebounded Thursday morning on news coming out of Europe. At the end of the day gold…
Posted on May 01, 2013
Gold Spot Price Open: $1,473 Gold Spot Price Close: $1,459 Change in Gold Spot Price:-$14 Silver Spot Price Open: $24.33 Silver Spot Price Close: $23.69 Change in Silver Spot Price:-$0.64 Gold and silver more or less relinquished Monday and Tuesdays gains with decent losses on Wednesday. Gold was down about 14 dollars while silver fell…
Posted on April 30, 2013
Gold Spot Price Open: $1,468 Gold Spot Price Close: $1,479 Change in Gold Spot Price:+$11 Silver Spot Price Open: $24.21 Silver Spot Price Close: $24.37 Change in Silver Spot Price:+$0.16 Gold and silver posted modest gains on Tuesday as investors are happy with any ending numbers that aren’t losses. At the end of the day…
Posted on April 29, 2013
Gold prices are higher on Monday although currently quoted well off the highs of the session. This could be a huge week for the yellow metal as market participants will get policy decisions from the European Central Bank as well as the Fed. It is widely expected that the ECB will be forced to take…
Posted on April 29, 2013
Gold Spot Price Open: $1,466 Gold Spot Price Close: $1,478 Change in Gold Spot Price:+$12 Silver Spot Price Open: $24.11 Silver Spot Price Close: $24.64 Change in Silver Spot Price:+$0.53 Gold and Silver picked up this week where they left last one finishing with good results at the end of the day on Monday. When…
Posted on April 26, 2013
Gold Spot Price Open: $1,458 Gold Spot Price Close: $1,463 Change in Gold Spot Price:+$5 Silver Spot Price Open: $24.07 Silver Spot Price Close: $24.10 Change in Silver Spot Price:+$0.03 Gold and silver posted minimal gains on Friday as investors were fairly satisfied with how this week as a whole has gone. Friday saw gold…
Posted on April 26, 2013
This was a great week for the gold bulls. Although the metal is currently trading a bit lower on the day, this week can certainly be called a victory by the bulls. The gold bulls clearly reestablished their footing in the market, and in doing so sent those who were still short the gold market…
Posted on April 25, 2013
Gold Spot Price Open: $1,424 Gold Spot Price Close: $1,470 Change in Gold Spot Price:+$46 Silver Spot Price Open: $22.94 Silver Spot Price Close: $24.43 Change in Silver Spot Price:+$1.49 Gold and silver both made fairly large forward progress on Thursday as both metals had a day of good gains. When all was said and…
Posted on April 24, 2013
Gold Spot Price Open: $1,414 Gold Spot Price Close: $1,434 Change in Gold Spot Price:+$20 Silver Spot Price Open: $22.95 Silver Spot Price Close: $23.22 Change in Silver Spot Price:+$0.27 Gold and silver both saw positive days on Wednesday after falling off a bit on Tuesday. At the end of the day gold was up…
Posted on April 23, 2013
Gold Spot Price Open: $1,423 Gold Spot Price Close: $1,415 Change in Gold Spot Price:-$8 Silver Spot Price Open: $23.40 Silver Spot Price Close: $23.00 Change in Silver Spot Price:-$0.40 Gold and silver both hit speed bumps on Tuesday as losses nearly cancelled out Monday’s gains. When all was said and done gold was down…
Posted on April 22, 2013
Gold prices traded sharply higher on Monday as the new trading week began. Gold prices appear to be stabilizing following the chaotic selling seen over the last two weeks. Demand for physical gold bullion has remained impressively strong during the recent downturn and seems to be the single biggest contributing factor to gold’s turn around….
Posted on April 22, 2013
Gold Spot Price Open: $1,409 Gold Spot Price Close: $1,428 Change in Gold Spot Price:+$19 Silver Spot Price Open: $23.38 Silver Spot Price Close: $23.48 Change in Silver Spot Price:+$0.10 Both gold and silver saw positive days as demand for metals was able to bring in positive results. At the end of US trading on…
Posted on April 19, 2013
Spot gold was trading higher on Friday. Overnight, the market traded its highs for the day as strong physical buying out of Asia gave the market a boost. The market did however, give back a very large portion of the gains throughout the trading day Friday. Although bullion prices are closing near their highs for…
Posted on April 19, 2013
Gold Spot Price Open: $1,391 Gold Spot Price Close: $1,404 Change in Gold Spot Price:+$13 Silver Spot Price Open: $23.31 Silver Spot Price Close: $23.28 Change in Silver Spot Price:-$0.03 Gold picked up some nice gains on Friday, while silver sat idly by for the second straight day. At the end of the day Friday,…
Posted on April 18, 2013
Gold Spot Price Open: $1,377 Gold Spot Price Close: $1,389 Change in Gold Spot Price:+$12 Silver Spot Price Open: $23.25 Silver Spot Price Close: $23.22 Change in Silver Spot Price:-$0.03 Gold had a stellar day while silver remained relatively stagnant on Thursday. When all was said and done gold picked up about 12 dollars whereas…
Posted on April 17, 2013
Gold Spot Price Open: $1,379 Gold Spot Price Close: $1,380 Change in Gold Spot Price:+$1 Silver Spot Price Open: $23.70 Silver Spot Price Close: $23.40 Change in Silver Spot Price:-$0.30 Gold remained more or less stagnant for the second day in a row as silver managed a drop of about 30 cents. When US markets…
Posted on April 16, 2013
Gold Spot Price Open: $1,371 Gold Spot Price Close: $1,371 Change in Gold Spot Price:Even Silver Spot Price Open: $23.51 Silver Spot Price Close: $23.49 Change in Silver Spot Price:-$0.02 Gold and silver finally stopped their downward slide on Tuesday as spot prices held, at closing, about the same positions they were in when markets…
Posted on April 15, 2013
Gold Spot Price Open: $1,481 Gold Spot Price Close: $1,355 Change in Gold Spot Price:-$126 Silver Spot Price Open: $25.98 Silver Spot Price Close: $22.78 Change in Silver Spot Price:-$3.20 Gold posted its biggest one-day drop in about 3 decades as metals started this week in even worse shape than they ended last week. When…
Posted on April 15, 2013
Spot Gold is continuing its losing ways on Monday. In fact, the metal is getting crushed today. Spot gold is trading at $1357 per ounce currently and is down well over $100 per ounce today. Technical selling that began a few sessions ago has battered the yellow metal which has seen prices fall about $250…
Posted on April 12, 2013
Well it looks as if the gold market has spoken. Spot gold is trading down over $62 per ounce at $1502 and change as of this writing. The market has suffered a massive long liquidation day that looks to be primarily driven by chart selling. The U.S. Dollar has traded flat for most of the…
Posted on April 12, 2013
Gold Spot Price Open: $1,566 Gold Spot Price Close: $1,479 Change in Gold Spot Price:-$87 Silver Spot Price Open: $27.82 Silver Spot Price Close: $25.89 Change in Silver Spot Price:-$1.93 Gold and silver both took huge hits on Friday as very few investors anticipated such a large drop-off. At the end of the day gold…
Posted on April 12, 2013
Gold and silver have dipped to their lowest levels in months, as stop-loss orders were triggered in heavy fashion this morning when gold dropped below what had been strong support at $1,539. Currently, gold is down $31 on the morning, sitting at $1,534.57, while silver has shed a dollar even, with a current price of…
Posted on April 10, 2013
Both gold and silver have traded lower this morning, after the Fed accidentally released FOMC minutes prior to their scheduled 2PM release. The minutes themselves provided little direction, as the officials were quite divided on when and how to wind down the Fed’s policy of buying $85 billion/month in US Treasury bonds. Although the overall…
Posted on April 09, 2013
Gold Spot Price Open: $1,573 Gold Spot Price Close: $1,586 Change in Gold Spot Price:+$13 Silver Spot Price Open: $27.23 Silver Spot Price Close: $28.01 Change in Silver Spot Price:+$0.78 Gold and silver both experienced positive days on Tuesday as both metals happened to make significant gains. Gold picked up about 13 dollars while silver…
Posted on April 08, 2013
Gold Spot Price Open: $1,582 Gold Spot Price Close: $1,574 Change in Gold Spot Price:-$8 Silver Spot Price Open: $27.39 Silver Spot Price Close: $27.32 Change in Silver Spot Price:-$0.07 Gold and silver remained mostly flat on Monday as trading was quiet in the US and abroad. At the end of the day gold was…