Posted on February 20, 2013
Gold, silver, and platinum all tumbled this morning as investors expect this afternoon’s Fed Minutes to reveal plans to curb Quantitative Easing in the coming months. The Fed’s Quantitative Easing initiatives, which are essentially money printing programs, have largely driven precious metals price increases over the past few years, so any plans to slow or…
Posted on February 19, 2013
Gold Spot Price Open: $1,610 Gold Spot Price Close: $1,605 Change in Gold Spot Price: -$5 Silver Spot Price Open: $29.98 Silver Spot Price Close: $29.50 Change in Silver Spot Price:-$0.48 As the US took Monday off to celebrate the Presidents Day holiday, Tuesday trading picked back up in disappointing fashion for precious metals. At…
Posted on February 15, 2013
Gold Spot Price Open: $1,634 Gold Spot Price Close: $1,609 Change in Gold Spot Price: -$25 Silver Spot Price Open: $30.30 Silver Spot Price Close: $29.83 Change in Silver Spot Price:-$0.47 Gold and silver both took huge dives on the last day of the week thanks to some news from the G20 meeting and from…
Posted on February 15, 2013
Gold and silver both opened sharply lower this morning after leaked news from the G20 summit indicated limited currency devaluation in the coming future. The world’s leaders will be keeping a sharp eye on monetary policy-spillover and how it affects currency valuations worldwide. As currency devaluation typically leads to higher gold and silver prices, both…
Posted on February 14, 2013
Gold Spot Price Open: $1,647 Gold Spot Price Close: $1,635 Change in Gold Spot Price: -$12 Silver Spot Price Open: $30.95 Silver Spot Price Close: $30.44 Change in Silver Spot Price:-$0.51 Gold and silver took yet another dive on Thursday as news of increased economic hardship in Europe was the main talking point today. By…
Posted on February 13, 2013
Gold Spot Price Open: $1,650 Gold Spot Price Close: $1,644 Change in Gold Spot Price: -$6 Silver Spot Price Open: $31.04 Silver Spot Price Close: $30.82 Change in Silver Spot Price:-$0.22 After yet another day of news that had little impact on precious metals, gold and silver both finish the day in disappointing fashion. At…
Posted on February 12, 2013
Gold Spot Price Open: $1,648 Gold Spot Price Close: $1,653 Change in Gold Spot Price: +$5 Silver Spot Price Open: $30.95 Silver Spot Price Close: $31.15 Change in Silver Spot Price:+$0.20 While the first part of the day on Tuesday saw gold his its lowest point in over a month and a half, it surged…
Posted on February 11, 2013
Gold Spot Price Open: $1,668 Gold Spot Price Close: $1,650 Change in Gold Spot Price: -$18 Silver Spot Price Open: $31.48 Silver Spot Price Close: $30.99 Change in Silver Spot Price:-$0.49 Gold and silver both started off the week on sour notes as their values dipped considerably. Gold was down about 18 dollars while silver…
Posted on February 08, 2013
Gold Spot Price Open: $1,671 Gold Spot Price Close: $1,667 Change in Gold Spot Price: -$4 Silver Spot Price Open: $31.39 Silver Spot Price Close: $31.45 Change in Silver Spot Price:+$0.06 Gold and silver both finished the week the same way they spent the whole week, relatively flat. When all was said and done on…
Posted on February 07, 2013
Gold Spot Price Open: $1,677 Gold Spot Price Close: $1,672 Change in Gold Spot Price: -$5 Silver Spot Price Open: $31.85 Silver Spot Price Close: $31.50 Change in Silver Spot Price:-$0.35 Gold and silver both finished the day down a bit as many blame the dip in value to comments made by the head of…
Posted on February 07, 2013
Gold and silver have both dipped in price this morning and afternoon as a result of positive news out of Europe. ECB President Draghi released encouraging economic indicators, and that hint of stability out of Europe has caused gold and silver to slide a bit – gold is down around $5/oz, while silver has fallen…
Posted on February 06, 2013
Gold Spot Price Open: $1,674 Gold Spot Price Close: $1,679 Change in Gold Spot Price: +$5 Silver Spot Price Open: $31.89 Silver Spot Price Close: $31.88 Change in Silver Spot Price:-$0.01 Both gold and silver saw little change in value on Wednesday as precious metal traders produced an unusually quiet day. When all was said…
Posted on February 05, 2013
Gold Spot Price Open: $1,674 Gold Spot Price Close: $1,674 Change in Gold Spot Price: No Change Silver Spot Price Open: $31.74 Silver Spot Price Close: $31.87 Change in Silver Spot Price:+$0.13 While gold and silver saw little to no change, Tuesday brought with it signs of improving economies all over the world. At the…
Posted on February 04, 2013
Gold Spot Price Open: $1,669 Gold Spot Price Close: $1,676 Change in Gold Spot Price:+$7 Silver Spot Price Open: $31.92 Silver Spot Price Close: $31.80 Change in Silver Spot Price:-$0.12 At the end of the day Monday, there was a mixed bag of results as gold finished positively and silver was slightly down. When all…
Posted on February 03, 2013
After reviewing customer feedback from a recent satisfaction survey, it was made apparent to us that shipping costs weigh quite heavily into customers’ decision-making when purchasing precious metals online. As a result of your feedback, we have decided to run a month-long promotion with steeply discounted shipping rates for all products. For February only, all…
Posted on February 01, 2013
Gold Spot Price Open: $1,663 Gold Spot Price Close: $1,667 Change in Gold Spot Price:+$4 Silver Spot Price Open: $31.35 Silver Spot Price Close: $31.85 Change in Silver Spot Price:+$0.50 A mixed bag of employment news was enough for gold and silver to improve just a little bit to bring this week to an end….
Posted on January 31, 2013
Gold Spot Price Open: $1,679 Gold Spot Price Close: $1,665 Change in Gold Spot Price:-$14 Silver Spot Price Open: $32.14 Silver Spot Price Close: $31.50 Change in Silver Spot Price:-$0.64 After two days of significant growth, little are surprised that Thursday was a tough day for precious metals. Gold nearly cancelled out yesterday’s earnings by…
Posted on January 30, 2013
Gold Spot Price Open: $1,663 Gold Spot Price Close: $1,678 Change in Gold Spot Price:+$15 Silver Spot Price Open: $31.22 Silver Spot Price Close: $32.05 Change in Silver Spot Price:+$0.83 Gold and silver both improved significantly on Wednesday as news of a shrinking US economy to finish out 2012 help boost the markets. Gold was…
Posted on January 29, 2013
Gold Spot Price Open: $1,655 Gold Spot Price Close: $1,665 Change in Gold Spot Price:+$10 Silver Spot Price Open: $30.88 Silver Spot Price Close: $31.45 Change in Silver Spot Price:+$0.57 Gold and silver both progressed in value on Tuesday after news that the Fed in the US will continue its Quantitative Easing policies. Gold finished…
Posted on January 28, 2013
Gold Spot Price Open: $1,660 Gold Spot Price Close: $1,657 Change in Gold Spot Price:-$3 Silver Spot Price Open: $31.22 Silver Spot Price Close: $30.90 Change in Silver Spot Price:-$0.32 Gold and silver started this week the same way they both finished last week by dropping a small amount. Gold dropped roughly 3 dollars while…
Posted on January 25, 2013
Gold Spot Price Open: $1,670 Gold Spot Price Close: $1,660 Change in Gold Spot Price:-$10 Silver Spot Price Open: $31.76 Silver Spot Price Close: $31.25 Change in Silver Spot Price:-$0.51 Gold and silver both ended this week in disappointing fashion as both metals took a significant dive on Friday. Gold lost about ten dollars while…
Posted on January 24, 2013
Gold Spot Price Open: $1,687 Gold Spot Price Close: $1,669 Change in Gold Spot Price:-$18 Silver Spot Price Open: $32.38 Silver Spot Price Close: $31.68 Change in Silver Spot Price:-$0.70 Both gold and silver slipped on Thursday partly because of a report of falling unemployment numbers in the US. Gold dropped about 18 dollars and…
Posted on January 23, 2013
Gold Spot Price Open: $1,695 Gold Spot Price Close: $1,688 Change in Gold Spot Price:-$7 Silver Spot Price Open: $32.21 Silver Spot Price Close: $32.30 Change in Silver Spot Price:+$0.09 After hitting an impressive high yesterday, gold dipped back down in price on Wednesday. Silver was up 7 cents finishing the day on a minor…
Posted on January 22, 2013
Gold Spot Price Open: $1,690 Gold Spot Price Close: $1,694 Change in Gold Spot Price:+$4 Silver Spot Price Open: $32.25 Silver Spot Price Close: $32.28 Change in Silver Spot Price:+$0.03 After trading was muted on Monday due to a US holiday, gold and silver investors came out in full force on Tuesday as gold pushed…
Posted on January 18, 2013
Gold Spot Price Open: $1,690 Gold Spot Price Close: $1,691 Change in Gold Spot Price:+$1 Silver Spot Price Open: $31.95 Silver Spot Price Close: $31.94 Change in Silver Spot Price:-$0.01 Gold and silver both finished a strong week on a relatively stagnant note as Friday as little movement was reported. Gold was up barely a…