Posted on June 03, 2013
Gold Spot Price Open: $1,391 Gold Spot Price Close: $1,412 Change in Gold Spot Price:+$21 Silver Spot Price Open: $22.33 Silver Spot Price Close: $22.76 Change in Silver Spot Price:+$0.43 Gold and silver kicked off the first full week of June in positive fashion as both metals made substantial gains, starting in the early morning…
Posted on June 03, 2013
Gold prices are showing some good signs of strength today. The U.S. Dollar index is getting hit hard today, and that is one of the primary drivers of gold prices here today to start the week. Investors are also scrutinizing some disappointing data. Over the weekend, China released latest readings on its official purchasing manager’s…
Posted on May 31, 2013
Gold Spot Price Open: $1,414 Gold Spot Price Close: $1,390 Change in Gold Spot Price:-$24 Silver Spot Price Open: $22.86 Silver Spot Price Close: $22.28 Change in Silver Spot Price:-$0.58 Gold and silver’s healthy gains on Thursday were cancelled out almost as soon as Friday trading got underway in the US mostly thanks to a…
Posted on May 31, 2013
Spot gold is trading moderately lower today as the U.S. dollar index strengthens and the Euro comes under pressure. The gold bulls have until today done a good job of holding their ground. After beginning the week on shaky footing, the gold market was finally able to take price back above the $1400 level and…
Posted on May 30, 2013
Gold Spot Price Open: $1,392 Gold Spot Price Close: $1,413 Change in Gold Spot Price:+$21 Silver Spot Price Open: $22.50 Silver Spot Price Close: $22.78 Change in Silver Spot Price:+$0.28 Thursday saw both gold and silver make healthy gains thanks to a hefty serving of disappointing economic data from around the world. When all was…
Posted on May 29, 2013
Gold Spot Price Open: $1,387 Gold Spot Price Close: $1,395 Change in Gold Spot Price:+$8 Silver Spot Price Open: $22.40 Silver Spot Price Close: $22.50 Change in Silver Spot Price:+$0.10 Gold and silver were both able to make modest gains on Wednesday as investors are seeing gold move further and further away from its April…
Posted on May 28, 2013
Gold Spot Price Open: $1,395 Gold Spot Price Close: $1,381 Change in Gold Spot Price:-$14 Silver Spot Price Open: $22.70 Silver Spot Price Close: $22.35 Change in Silver Spot Price:-$0.35 After Monday was quiet for US traders due to the observance of the Memorial Day holiday, Tuesday opened up in disappointing fashion for precious metals….
Posted on May 28, 2013
Spot gold is trading lower to kick off the Holiday-shortened trading week. Not much has changed for the yellow metal in recent sessions, and perhaps this lack of change is what is keeping gold prices from moving too far in either direction. The market does in fact appear to be in consolidation mode, however, things…
Posted on May 24, 2013
Never a dull moment in the bullion market…The market began the week on extremely shaky footing with the precious metals gapping down on Sunday night. This gap lower saw silver hit its lowest level since 2010, and it drove gold down to a re-test of the April lows. No one knows for sure what drove…
Posted on May 24, 2013
Gold Spot Price Open: $1,388 Gold Spot Price Close: $1,385 Change in Gold Spot Price:-$3 Silver Spot Price Open: $22.49 Silver Spot Price Close: $22.41 Change in Silver Spot Price:-$0.08 After solid gains were posted on Thursday, it comes as no surprise that gold and silver faltered a bit to close out the week. When…
Posted on May 23, 2013
Gold Spot Price Open: $1,376 Gold Spot Price Close: $1,391 Change in Gold Spot Price:+$15 Silver Spot Price Open: $22.66 Silver Spot Price Close: $22.64 Change in Silver Spot Price:-$0.02 Gold and silver had mixed results on Thursday, though as a whole the day was not completely lost for precious metals. Gold picked up about…
Posted on May 22, 2013
Gold Spot Price Open: $1,378 Gold Spot Price Close: $1,369 Change in Gold Spot Price:-$9 Silver Spot Price Open: $22.55 Silver Spot Price Close: $22.28 Change in Silver Spot Price:-$0.19 Gold and silver both ended Wednesday on disappointing notes as both metals posted losses for yet another day. When all was said and done gold…
Posted on May 21, 2013
Gold Spot Price Open: $1,386 Gold Spot Price Close: $1,376 Change in Gold Spot Price:-$10 Silver Spot Price Open: $22.77 Silver Spot Price Close: $22.47 Change in Silver Spot Price:-$0.30 Gold and silver both finished down on Tuesday, though nowhere near their daily lows. After falling by fairly substantial margins early in the day, both…
Posted on May 20, 2013
Gold Spot Price Open: $1,365 Gold Spot Price Close: $1,395 Change in Gold Spot Price:+$30 Silver Spot Price Open: $22.42 Silver Spot Price Close: $22.95 Change in Silver Spot Price:+$0.53 Gold and silver both made substantial gains on Monday as the day actually got off to a start that makes these ending numbers seem highly…
Posted on May 20, 2013
Spot gold prices are having one volatile day today. The precious metals markets gapped down overnight and were trading solidly lower with gold prices trading below the $1340 level and silver hitting the lowest level since 2010. There did not seem to be any news piece or specific headlines that were responsible for the overnight…
Posted on May 17, 2013
Gold Spot Price Open: $1,386 Gold Spot Price Close: $1,360 Change in Gold Spot Price:-$26 Silver Spot Price Open: $22.69 Silver Spot Price Close: $23.29 Change in Silver Spot Price:-$0.40 Gold and silver posted losses for yet another day to close out the week on Friday, marking what has been one of the worst overall…
Posted on May 17, 2013
Spot gold prices are getting hit hard again today as of this post. Spot gold is currently quoted at $1368.40 down $17.50 on the session. The price of gold has now lost ground for seven consecutive sessions which is the longest losing streak in quite some time. The fact remains that the gold market has…
Posted on May 16, 2013
Gold Spot Price Open: $1,396 Gold Spot Price Close: $1,386 Change in Gold Spot Price:-$10 Silver Spot Price Open: $22.76 Silver Spot Price Close: $22.70 Change in Silver Spot Price:-$0.06 Gold and silver continued their decline on Thursday, though losses were not nearly as bad as they could have been. Gold was down about ten…
Posted on May 15, 2013
Gold Spot Price Open: $1,426 Gold Spot Price Close: $1,394 Change in Gold Spot Price:-$32 Silver Spot Price Open: $23.42 Silver Spot Price Close: $22.62 Change in Silver Spot Price:-$0.80 Gold and silver continued their collective landslide on Wednesday as the USD and the Nikkei Index in Japan were two major sources of dismay for…
Posted on May 14, 2013
Gold Spot Price Open: $1,436 Gold Spot Price Close: $1,426 Change in Gold Spot Price:-$10 Silver Spot Price Open: $23.76 Silver Spot Price Close: $23.47 Change in Silver Spot Price:-$0.29 Gold and silver finished down yet again on Tuesday as stock markets across Asia and the US did a good job of putting pressure on…
Posted on May 13, 2013
Gold Spot Price Open: $1,448 Gold Spot Price Close: $1,430 Change in Gold Spot Price:-$18 Silver Spot Price Open: $23.87 Silver Spot Price Close: $23.68 Change in Silver Spot Price:-$0.19 Gold and silver both started the week on a melancholy note as both metals posted decent losses on Monday. Gold was down closer to 20…
Posted on May 13, 2013
Spot gold prices were lower again on Monday as a stronger dollar and uncertainty surrounding the fed’s exit strategy take their toll. The gold market continues to be a closely watched market here as the possibility of additional heavy selling hangs over it. The market will see a lot more data compared to last week…
Posted on May 10, 2013
Gold Spot Price Open: $1,472 Gold Spot Price Close: $1,446 Change in Gold Spot Price:-$24 Silver Spot Price Open: $23.95 Silver Spot Price Close: $23.90 Change in Silver Spot Price:-$0.05 Gold fell a considerable amount on Friday while silver remained more or less stagnant, having only lost a few cents. When all was said and…
Posted on May 10, 2013
Spot gold prices are trading sharply lower here on Friday. Spot gold was last quoted at $1438.50 per ounce. This is the most action prices have seen all week. This past week was extremely light in terms of data releases and the market has been trading sideways until today. There appear to be a number…
Posted on May 09, 2013
Gold Spot Price Open: $1,468 Gold Spot Price Close: $1,457 Change in Gold Spot Price:-$11 Silver Spot Price Open: $23.86 Silver Spot Price Close: $23.76 Change in Silver Spot Price:-$0.10 Gold and silver slipped a bit on Thursday on the news of more interest rate cutting and some downtrodden economic news out of China. At…