Gold got off to a good start this week. News coming out of Cyprus that bank depositors will be hit with a levy on deposits to help cover a bailout triggered massive flight to quality buying in gold, treasuries, and the U.S. Dollar.  Stocks lost ground as well as fears over whether or not this…

Gold Spot Price Open: $1,593 Gold Spot Price Close: $1,593 Change in Gold Spot Price: — Silver Spot Price Open: $28.85 Silver Spot Price Close: $28.85 Change in Silver Spot Price:– Gold and silver ended the day Friday the same way they started, bringing an end to a decent, yet not very fantastic week. Gold…

Gold futures for April delivery ended the day session a tad higher at $1592.60 per ounce. Friday saw choppy price action as markets absorbed readings on the Consumer Price Index, Empire State Manufacturing, Consumer Sentiment, and Industrial Production. The consumer price readings were perhaps the data set most closely watched by precious metals traders. The…

Gold Spot Price Open: $1,590 Gold Spot Price Close: $1,591 Change in Gold Spot Price: +$1 Silver Spot Price Open: $28.97 Silver Spot Price Close: $28.84 Change in Silver Spot Price:-$0.13 Even though gold was able to finish around its daily high on Thursday, gains were still unassertive, to say the least. There was a…

Gold Spot Price Open: $1,593 Gold Spot Price Close: $1,589 Change in Gold Spot Price: -$4 Silver Spot Price Open: $29.29 Silver Spot Price Close: $28.96 Change in Silver Spot Price:-$0.33 If yesterday’s finishing numbers had you thinking that gold might have a rally this week, Wednesday’s numbers were a bit sobering. When all was…

Gold Spot Price Open: $1,580 Gold Spot Price Close: $1,594 Change in Gold Spot Price: +$14 Silver Spot Price Open: $28.91 Silver Spot Price Close: $29.19 Change in Silver Spot Price:+$0.28 At the end of the day on Tuesday, many investors were happy to see that gold and silver rebounded after quite some time of…

Gold Spot Price Open: $1,579 Gold Spot Price Close: $1,583 Change in Gold Spot Price: +$4 Silver Spot Price Open: $29.07 Silver Spot Price Close: $29.01 Change in Silver Spot Price:-$0.06 At the start of a new week precious metals traded about even as there was little movement seen by both gold and silver. At…

Monday’s session for gold trading was subdued to say the least. Gold futures for April delivery traded up approximately $3.10 per ounce at $1580. Monday saw no economic releases here in the U.S. and perhaps that is the main reason for such a quiet day. The U.S. Dollar index did roll-over a bit Monday morning…

Gold Spot Price Open: $1,577 Gold Spot Price Close: $1,580 Change in Gold Spot Price: +$3 Silver Spot Price Open: $28.81 Silver Spot Price Close: $29.02 Change in Silver Spot Price:+$0.21 To finish off the week, precious metals more or less retained their Thursday positions, improving only slightly. When all was said and done gold…

Well gold is still trying to make up its mind regarding the near-term direction it wants to take. Since the beginning of this week, gold has basically traded in a range from today’s lows of around $1560ish to the $1585 area (Looking at futures for April delivery.) This sideways price action could certainly be construed…

Gold Spot Price Open: $1,576 Gold Spot Price Close: $1,580 Change in Gold Spot Price: +$4 Silver Spot Price Open: $28.81 Silver Spot Price Close: $28.91 Change in Silver Spot Price:+$0.10 Both gold and silver remained relatively even on Thursday as a quiet day for investors meant little movement for precious metals. When all was…

Gold Spot Price Open: $1,573 Gold Spot Price Close: $1,585 Change in Gold Spot Price: +$12 Silver Spot Price Open: $28.56 Silver Spot Price Close: $29.08 Change in Silver Spot Price:+$0.52 Gold and silver both saw modest gains today for the first time in well over a week. When all was said and done gold…

Gold Spot Price Open: $1,574 Gold Spot Price Close: $1,577 Change in Gold Spot Price: +$3 Silver Spot Price Open: $28.59 Silver Spot Price Close: $28.71 Change in Silver Spot Price:+$0.11 Gold and silver saw minimal gains today as the US Stock market closed at an impressive position. When all was said and done, gold…

Gold Spot Price Open: $1,579 Gold Spot Price Close: $1,575 Change in Gold Spot Price: -$4 Silver Spot Price Open: $28.68 Silver Spot Price Close: $28.58 Change in Silver Spot Price:-$0.10 Gold and silver both finished about flat as Monday was a day of little market relevant news. At the end of the day gold…

Gold is starting the week off on the right foot. Gold is trading slightly higher during Monday morning’s session as shorts continue to cover some positions and some longs step into the market here attempting to buy bullion at a discount.  There is certainly no shortage of things going on regarding the state of the…

Without question this was certainly an entertaining week in the precious metals markets and in gold specifically. The market displayed a good deal of volatility throughout the course of the week. Gold had a lot to digest the last few days including testimony from Fed chief Ben Bernanke, readings on weekly jobless claims, and the…

Gold Spot Price Open: $1,582 Gold Spot Price Close: $1,578 Change in Gold Spot Price: -$4 Silver Spot Price Open: $28.59 Silver Spot Price Close: $28.63 Change in Silver Spot Price:+$0.04 The last day of the week saw precious metals more or less retain the position which they stood at at the end of the…

Gold Spot Price Open: $1,598 Gold Spot Price Close: $1,581 Change in Gold Spot Price: -$17 Silver Spot Price Open: $29.01 Silver Spot Price Close: $28.56 Change in Silver Spot Price:-$0.45 Gold and silver slipped yet again on Thursday as there was little market news to push precious metals forward. At the end of the…

Gold Spot Price Open: $1,615 Gold Spot Price Close: $1,598 Change in Gold Spot Price: -$17 Silver Spot Price Open: $29.38 Silver Spot Price Close: $29.03 Change in Silver Spot Price:-$0.35 Gold and silver relinquished yesterday’s positive results by having a less than stellar day on Wednesday. When all was said and done gold was…

Gold Spot Price Open: $1,591 Gold Spot Price Close: $1,615 Change in Gold Spot Price: +$24 Silver Spot Price Open: $29.09 Silver Spot Price Close: $29.44 Change in Silver Spot Price:+$0.35 Gold and silver improved by respectable amounts for the second straight day as Tuesday saw even bigger leaps forward than Monday. When the dust…

Gold Spot Price Open: $1,581 Gold Spot Price Close: $1,594 Change in Gold Spot Price: +$13 Silver Spot Price Open: $28.81 Silver Spot Price Close: $29.01 Change in Silver Spot Price:+$0.20 Despite much of Europe awaiting the results of Italy’s election, gold and silver both saw positive days to start the week. Gold was up…

Precious metals are trading higher this morning. Gold for April delivery is trading up $13 per ounce at $1585.9  while Silver for March delivery is trading up $.485 at $28.945. It would certainly appear that some fresh bargain-hunters have come out to buy today. In addition, some short-covering is most certainly taking place as traders…

Gold Spot Price Open: $1,579 Gold Spot Price Close: $1,581 Change in Gold Spot Price: +$2 Silver Spot Price Open: $28.80 Silver Spot Price Close: $28.79 Change in Silver Spot Price:-$0.01 Gold and silver remained relatively flat on Friday as investors finally saw the end of a terrible week for gold and silver. When all…

Gold Spot Price Open: $1,580 Gold Spot Price Close: $1,577 Change in Gold Spot Price: -$3 Silver Spot Price Open: $28.69 Silver Spot Price Close: $28.71 Change in Silver Spot Price:+$0.02 Thursday was finally a day where gold and silver didn’t see bad news, but at the same time good news was still hard to…

Gold Spot Price Open: $1,606 Gold Spot Price Close: $1,565 Change in Gold Spot Price: -$41 Silver Spot Price Open: $29.44 Silver Spot Price Close: $28.59 Change in Silver Spot Price:-$0.85 Gold and silver were slammed on Wednesday after news from the US alluding to the fact that there may be a huge shift in…