Gold: $2403.21 18.46
Silver: $28.88 0.50
0
Category Archives: Silver.com News

August 6th Mid-Week Market Update

Posted on August 06, 2014 by Matt Zeman in Silver.com News

Silver as well as gold are getting a boost this morning as stocks are once again weaker and a higher degree of risk aversion appears to be taking hold. The geopolitical landscape continues to be a large source of concern for investors and world markets, and some appear to be cashing their chips in at…

Read More

August 1st Weekly Silver Market Update

Posted on August 01, 2014 by Kyle Wanchalk in Silver.com News

Precious metals are feeling some support from a weaker employment report which was made public today, but will finish the week recording losses. The last 4 and a half days have been jam-packed with US economic data and have also played host to a flurry of investor activity. For us being in the middle of…

Read More

July 25th Weekly Silver Market Update

Posted on July 25, 2014 by Kyle Wanchalk in Silver.com News

Despite feeling some pressure all week long, precious metals are going to be ending the week on a somewhat positive note, having made some decent gains today. The main concern for investors all week long has been the various geopolitical happenings developing in various parts of the world. While there wasn’t too much economic data…

Read More

July 23rd Mid-Week Market Update

Posted on July 23, 2014 by Matt Zeman in Silver.com News

Silver prices are flat today as a lack of headlines as well as stronger stocks lessen the appeal of precious metals. As the SP 500 hits a new all time high today, one has to wonder just how much gas may be left in the tank. As has been the theme for some time, it…

Read More

July 18th Weekly Silver Market Update

Posted on July 18, 2014 by Kyle Wanchalk in Silver.com News

Precious metals spot values are losing some value early today after improving by more than 1% on Thursday. While profit-taking after yesterday’s gains is being blamed for this morning’s losses, investors should not be too worried due to the fact that risk-aversion is a mainstay in the marketplace now. With very few pieces of economic…

Read More

July 16th Mid-Week Market Update

Posted on July 16, 2014 by Matt Zeman in Silver.com News

Silver prices are not doing much of anything this morning. As of this post, July silver is trading down about $.08 in what appears to be quiet trade. The silver market may simply be taking a breather following the large sell-off seen Monday and then some additional pressure yesterday. Silver prices have dropped a dollar…

Read More

July 11th Weekly Silver Market Update

Posted on July 11, 2014 by Kyle Wanchalk in Silver.com News

Precious metals are trading sideways today, but have performed very well this week thanks to a variety of factors working in their favor. Thursday saw metals make major leaps forward as worries with regard to the EU economy resurfaced after some time out of the headlines. While those worries have since calmed down a bit,…

Read More

July 4th Weekly Silver Market Update

Posted on July 04, 2014 by Kyle Wanchalk in Silver.com News

Despite today being the Independence Day holiday in the United States, traders from around the world are still in action. Precious metals are edging slightly higher but I and most market experts are expecting today to feature muted price movement. On the whole, this week was not one precious metals investors are going to remember…

Read More

July 2nd Mid-Week Market Update

Posted on July 02, 2014 by Matt Zeman in Silver.com News

Silver prices are seeing a slight push higher this morning while gold prices are also marginally in the green. Markets saw some reaction earlier this morning to the ADP jobs report in which ADP reported a whopping increase of 281,000 jobs versus an unrevised May number of 179,000 jobs. Consensus estimates were looking for an…

Read More

June 27th Weekly Silver Market Update

Posted on June 27, 2014 by Kyle Wanchalk in Silver.com News

Gold and silver spot values will finish both the day and week only slightly higher than where they opened. Despite precious metals and other safe-haven assets still possessing a lot of momentum, the quiet nature of the past five days from an economic and geopolitical standpoint really prevented either metal from making significant strides forward….

Read More

June 25th Mid-Week Market Update

Posted on June 25, 2014 by Matt Zeman in Silver.com News

Silver prices are relatively stagnant today as the precious metals markets appear to be consolidating before another potential move higher. Metals have seen a slight bid come into prices today as GDP for the first quarter came in well below analyst expectations. Consensus estimates were looking for a reading of -1.8 percent however actual GDP…

Read More

June 20th Weekly Silver Market Update

Posted on June 20, 2014 by Kyle Wanchalk in Silver.com News

Gold and silver spot values are continuing to edge higher after extremely healthy gains were recorded on Thursday. Only one day ago, gold added more than $40 while silver was able to improve by more than $1. Officially, gold and silver have made their largest weekly gains in more than 3 months and are continuing…

Read More

June 18th Mid-Week Market Update

Posted on June 18, 2014 by Matt Zeman in Silver.com News

Silver prices are steady and moving slightly higher today as investors await the outcome of the FOMC meeting this afternoon. Markets appear content to wait and see what the Fed has to say today. Not only will the FOMC statement be released, but the Fed meeting will also be followed up by a press conference…

Read More

June 13th Weekly Silver Market Update

Posted on June 13, 2014 by Kyle Wanchalk in Silver.com News

Gold and silver spot values are edging higher to close out the week, but are mostly pausing after yesterday’s gains. This week has proven to be quiet from an economic standpoint and, as such, we have not see too much in the way of markets-moving economic or geopolitical data. There have been a rising number…

Read More

June 11th Mid-Week Market Update

Posted on June 11, 2014 by Matt Zeman in Silver.com News

Silver prices are moving slightly higher during early trade on Wednesday. Stocks, along with the dollar index, are both moving lower while crude oil prices are slightly higher. These factors could potentially be lending some support to silver and the precious metals markets. In overnight news, the World Bank cut its growth forecast from 3.2…

Read More

June 6th Weekly Silver Market Update

Posted on June 06, 2014 by Kyle Wanchalk in Silver.com News

Gold and silver spot values edged lower today after a stronger than expected employment report was made public. In general, this week has been full of economic data, most of which has weighed on the spot values of gold and silver. Yesterday saw metals receive a bit of respite from recent pressure, but the week…

Read More

June 4th Mid-Week Market Update

Posted on June 04, 2014 by Matt Zeman in Silver.com News

Silver prices are moving slightly higher here in early trading. There does not appear to be much interest in the precious metals complex at this point, however, and the metals may very well be taking a breather before heading on another leg lower. While we would expect some short covering to take place here and…

Read More

May 30th Weekly Silver Market Update

Posted on May 30, 2014 by Kyle Wanchalk in Silver.com News

Due to the celebration of the Memorial Day holiday on Monday, the trading week didn’t really get underway until Tuesday this week. That said, most precious metals investors probably now wish that this week flat-out didn’t happen. When markets opened on Tuesday the wider investing world witnessed much of what they had witnessed for the…

Read More

May 28th Mid-Week Market Update

Posted on May 28, 2014 by Matt Zeman in Silver.com News

Silver prices are a bit on the quiet side here today as as the metal holds above support at the $19 level. Appetite for risk in world markets remains elevated, and this is working against the precious metals bulls. Yesterday, gold prices broke through some key downside support in the $1280 area and dragged silver…

Read More

May 23rd Weekly Silver Market Update

Posted on May 23, 2014 by Kyle Wanchalk in Silver.com News

Gold and silver spot values are edging lower to close out what has been an uneventful and somewhat negative week for metals. This weekend will be a particularly long one for UK and US investors as they are taking the day off on Monday to celebrate the Memorial Day holiday. Despite the undeniable fact that…

Read More

May 21st Mid-Week Market Update

Posted on May 21, 2014 by Matt Zeman in Silver.com News

Silver prices are trading slightly lower this morning as a lack of fresh bullish inputs takes its toll on the market. In addition, stocks are once again moving higher this morning, and it appears that the seesaw of risk on/risk off continues. The metals have had a hard time gaining any real bullish upside momentum…

Read More

May 16th Weekly Silver Market Update

Posted on May 16, 2014 by Kyle Wanchalk in Silver.com News

This week has been an interesting one for precious metals, but in the end will see spot values end in about the same position they were in when markets opened on Monday. This week played host to a small amount of economic data, but what data was released was indicative of an improving US economy….

Read More

May 14th Mid-Week Market Update

Posted on May 14, 2014 by Matt Zeman in Silver.com News

Silver prices are moving higher this morning as some short covering, dollar weakness and bargain buying appears to be taking place. Silver continues to trade comfortably in its recent range of $19 to $20.50, and although the silver market could potentially spend a lot of time range bound, many feel that is unlikely. Silver does,…

Read More

May 9th Weekly Silver Market Update

Posted on May 09, 2014 by Kyle Wanchalk in Silver.com News

Gold and silver are seeing safe-haven demand drive precious metals spot values upward today though both metals are still well below key resistance levels. There are few headlining events on the slate for today as investors are more readily looking back on the prior days’ events and/or looking ahead to what is shaping up to…

Read More

May 7th Mid-Week Market Update

Posted on May 07, 2014 by Matt Zeman in Silver.com News

Silver prices are moderately lower this morning in subdued trade. This week has been extremely quiet in the silver market, and it seems that market participants may be simply waiting for any further catalyst before making a move in the market. In fact, silver has traded in a range of less than $.40 for the…

Read More