Gold Spot Price Open: $1,615 Gold Spot Price Close: $1,609 Change in Gold Spot Price:-$6 Silver Spot Price Open: $29.28 Silver Spot Price Close: $28.85 Change in Silver Spot Price:-$0.43 Gold and silver both had dismal days on Friday which turned a half-decent week into one that is likely going to be forgotten quickly. At…

Both gold and silver have opened lower today based on renewed optimism out of Cyprus for a bailout, which would likely avoid the previously proposed tax on Cypriot bank deposits. After both metals had surged on worldwide fear resulting from this unprecedented deposit tax, gold has dipped nearly $10 on the day to $1,607, while…

Gold Spot Price Open: $1,607 Gold Spot Price Close: $1,616 Change in Gold Spot Price:+$9 Silver Spot Price Open: $28.83 Silver Spot Price Close: $29.21 Change in Silver Spot Price:+$0.38 Gold and silver both had positive days on Thursday as the eurozone did well to boost precious metals. At the end of the day gold…

Gold Spot Price Open: $1,613 Gold Spot Price Close: $1,609 Change in Gold Spot Price:-$4 Silver Spot Price Open: $28.97 Silver Spot Price Close: $28.87 Change in Silver Spot Price:-$0.10 Gold and silver both finished down on Wednesday after gold had seen a relatively positive first two days of the week. When all was said…

After a relative lull in the precious metals markets the past few weeks, gold and silver saw some action early this week on news out of Cyprus concerning a tax on all bank depositors’ funds. Cyprus is in need of a bailout, but the Euro Zone will only entertain funding the country if Cyprus levies…

Gold Spot Price Open: $1,606 Gold Spot Price Close: $1,614 Change in Gold Spot Price:+$8 Silver Spot Price Open: $28.98 Silver Spot Price Close: $28.96 Change in Silver Spot Price:-$0.02 Gold sees yet another day of positive movement while silver remains stagnant on the day. Silver lost about two pennies while gold was able to…

Gold Spot Price Open: $1,598 Gold Spot Price Close: $1,607 Change in Gold Spot Price:+$9 Silver Spot Price Open: $28.86 Silver Spot Price Close: $28.93 Change in Silver Spot Price:+$0.07 More European financial worries give precious metals a slight boost to start the week. At the end of the day on Monday gold was up…

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…