It has been a strange day in metals prices, as gold has risen due to Eurozone uncertainty, while silver has slid to a 3-week low on technical selling.
Gold currently sits at $1,605, up $8 on the day, largely due to the Euro sliding (gold is currently at a two-month high when priced in Euros), as well as due to the continuing uncertainty and fear from Cyprus’ banking situation.
Silver, which normally tends to parallel gold, has gone the other direction, falling off $0.17 to $28.61 presently. Earlier silver had actually touched a three-week low of $28.22, before rebounding to its current price.
Trading is likely to be thin ahead of the Easter period, but we will keep an eye on precious metals prices and notify you of any major movements.
Canadian Silver Pronghorns Now Live
We are proud to now carry the fifth Canadian Wildlife Series silver coin, which features the Canadian Pronghorn design.
This coin weighs one troy ounce, and is composed of .9999 fine silver. The Royal Canadian Mint has produced a very limited run of the Pronghorn coins, so make sure to get these while you can.
JM Bullion
