Gold: $1,297.10 0.05
Silver: $17.39 -0.02
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August 9th Weekly Silver Market Update

Posted on August 09, 2013 in Silver.com News

Spot values of gold and silver have been up and down all week, and while the first three days made investors think that it would be a week of losses, the last two have helped metals salvage the week. All in all it seems as though gold and silver are going to end the trading […]

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August 7th Mid-Week Silver Update

Posted on August 07, 2013 in Silver.com News

The price action in silver thus far this week has been relatively subdued. This could be for multiple reasons including the time of year, lack of clarity on Fed policy, and investors taking a wait and see approach regarding the metal’s recent trading range. The silver market did not get any help from the Fed […]

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August 2nd Weekly Silver Market Update

Posted on August 02, 2013 in Silver.com News

The end of July and beginning of August brought with it a ping-pong style 5 day chart. Prices would rise, and then, just as quickly, fall right back down. The two major news stories investors were looking forward to hearing this week both occurred on Friday and both took place in the United States. It […]

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July 31st Mid-Week Silver Update

Posted on July 31, 2013 in Silver.com News

All things being equal, it has been a very quiet week for silver prices. The silver market continues to trade in a tight range on the daily charts still looking for the catalyst that will cause either an upside breakout or a downside breakdown. The market seems very comfortable in the $19-$20 area but obviously […]

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July 26th Weekly Silver Market Update

Posted on July 26, 2013 in Silver.com News

Gold and silver were fairly quiet in this week of trading as there were few economic news stories to hang our hats on. The first day of the week saw the world marketplace digest the things Ben Bernanke had to say in his speeches over a week ago. Despite him speaking during the middle of […]

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July 24th Mid-Week Silver Update

Posted on July 24, 2013 in Silver.com News

Silver prices are flat today in thus far quiet trade. Both silver and gold have seen some recent gains as shorts get squeezed out of the market and fresh buyers come into the market. Thus far, silver looks to be lagging gold a bit, although we suspect that could change in the very near future. […]

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July 19th Weekly Silver Market Update

Posted on July 19, 2013 in Silver.com News

Gold and silver have had a decent week, though things could have gone better if the metals were boosted by speeches made by Federal Reserve Chairman Ben Bernanke. Some Chinese economic data was the main thing on investors’ minds on Monday, but investor attention quickly shifted to Bernanke and his remarks. Throughout the whole week […]

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July 17th Mid-Week Silver Update

Posted on July 17, 2013 in Silver.com News

Silver prices are sharply lower today as the markets attempt to make heads or tails of Ben Bernanke’s remarks and Q&A before the U.S. House of Representatives. From what we have been able to see so far, it appears that Mr. Bernanke is talking the same type of game plan that markets have already heard. […]

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July 12th Weekly Silver Market Update

Posted on July 15, 2013 in Silver.com News

Gold and silver both saw decent gains this week as some tensions in the Middle East coupled with sub-par Chinese economic data helped both metals move forward. An inconsistent US Dollar Index has both helped and hurt gold and silver throughout the course of the week. Increased demand for precious metals also helped boost spot […]

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July 10th Mid-Week Market Update

Posted on July 10, 2013 in Silver.com News

Silver is trading slightly higher today in very quiet trade as markets await the latest FOMC minutes and Ben Bernanke a little later this afternoon. The markets will closely scrutinize the minutes for any additional clues about the timing and/or extent of Fed tapering. Perhaps one of the biggest pieces of the puzzle that investors […]

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July 5th Weekly Silver Market Update

Posted on July 05, 2013 in Silver.com News

Gold and silver fell off sharply on the last day of the week thanks to positive US jobs data and an improving US Dollar Index. While rising tension and violence in Egypt has done well to boost safe-haven demand for gold and silver this week, investors put much more weight on the jobs data out […]

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July 3rd Mid-Week Silver Update

Posted on July 03, 2013 in Silver.com News

The precious metals complex is trading higher today as the gold and silver markets are finally seeing some catalysts for upside. The political unrest in Egypt is continuing and is driving a safe haven bid in the precious metals complex. In addition, to driving gold and silver higher, this Egyptian situation is also propelling crude […]

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June 28th Weekly Silver Market Update

Posted on June 28, 2013 in Silver.com News

Gold and silver prolonged their decline as the metals have lost significant value for the second straight week. Over the past 7 or 8 days we have seen gold decline by over $200 while silver has lost well over three dollars. Weak demand out of Asia coupled with some comments made by Federal Reserve members […]

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June 26th Mid-Week Market Update

Posted on June 26, 2013 in Silver.com News

Silver prices are sharply lower today as the selling pressure has resumed. Silver prices are now at near three year lows-and as of right now there does not appear to be any end in sight to the vicious selling the market has experienced recently.There are numerous factors currently driving the selling in the silver market. […]

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June 21st Weekly Silver Market Update

Posted on June 21, 2013 in Silver.com News

Gold and silver both experienced massive declines this week, all of which happened on Thursday, the day after the latest FOMC meeting. This huge drop in the value of both gold and silver will undoubtedly bring out bargain-hunters, though it is unsure whether bargain hunting demand will be enough to help gold and silver gain […]

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June 19th Mid-Week Silver Update

Posted on June 19, 2013 in Silver.com News

Silver is trading lower today following the FOMC announcement. The precious metals markets were mixed throughout much of the day as investors anxiously awaited the highly anticipated FOMC rate decision which is being followed by a Fed Chief Ben Bernanke press conference. First things first. The fed has elected to hold monetary policy steady for […]

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June 14th Weekly Silver Market Update

Posted on June 14, 2013 in Silver.com News

Gold and silver both did a good bit of moving this week, but when things were all said and done both metals were more or less in the same position they were at the beginning of the week. We have seen a lot of risk aversion by investors around the world while simultaneously seeing bond […]

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June 7th Weekly Silver Market Update

Posted on June 07, 2013

Gold and silver started the last day of the week down a decent margin as a better than expected employment report is more or less the only story making headlines today. For a large part of the week precious metals have been faring well, though all of those gains were lost on Friday as metals […]

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June 5th Mid-Week Silver Update

Posted on June 05, 2013 in Silver.com News

Silver prices are slightly higher today in quiet dealings. Silver has had an uneventful week thus far as prices seem to be continuing their consolidation efforts. The longer this sideways price action goes on however, the bigger the potential breakout in price may be-whether it is to the upside or to the downside. The market […]

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May 31st Weekly Silver Market Update

Posted on May 31, 2013

Gold and silver both started the last day of both this week and May down a bit, though this week as a whole has been fairly satisfying for investors. After Ben Bernanke’s address to Congress last week about the future of monetary policy in the US, investors will fixate their attention on all US economic […]

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May 29th Mid-Week Silver Update

Posted on May 29, 2013 in Silver.com News

Silver prices are a bit higher today as a weaker U.S. dollar index and also lower stocks today are likely adding to buying interest. Silver has been creeping up throughout the day session today in a very subdued session. There is not much to speak of today in terms of economic data, although the market […]

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May 24th Weekly Silver Market Update

Posted on May 24, 2013

Gold and silver had a better run this week than most people had anticipated. With a few large news stories being released this week, all of which having the ability to bring down the value of metals, gold and silver weathered the storm and finished the week far better than anyone would have anticipated on […]

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May 22nd Mid-Week Silver Update

Posted on May 22, 2013 in Silver.com News

Well one thing is for sure-today’s metals markets are never lacking excitement. It has been another interesting and volatile week. This week started off on a very negative tone as the precious metals gapped won on Sunday night and for a while it seemed that the selling could get even uglier. Sunday night saw silver […]

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May 17th Weekly Silver Market Update

Posted on May 17, 2013

Gold and silver have performed dismally this week as both metals are going to end up closing the week having taken heavy losses. There are no extraordinary circumstances prompting precious metals’ decline, but rather a perfect storm of events that make investing in gold and silver seem not as appealing as other options. With other […]

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May 15th Mid-Week Silver Update

Posted on May 15, 2013 in Silver.com News

The silver market is again under pressure here on Wednesday. It would seem that among other bearish factors, the market is finally giving way to the incredible strength in the U.S. Dollar index. In addition to the stronger greenback, the equities market continues to push higher seemingly with no end in sight and this is […]

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