Gold: $1,255.88 1.31
Silver: $18.21 0.00
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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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May 10th Weekly Silver Market Update

Posted on May 10, 2013

Gold and silver both had off weeks this week as the first full week of May brought with mainly news that was of no use for metals. Poor economic data out of China, immediately following a day of surging stock prices confused most investors as a slew of other nations around the world lowered interest […]

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May 8th Mid-Week Silver Update

Posted on May 08, 2013 in Silver.com News

When it comes to silver this week, well, there frankly is not much to report. The silver market continues to trade sideways for all practical purposes and until we see a definitive breakout one way or the other it is hard to tell which way prices may be headed from here. In addition, there is […]

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May 3rd Weekly Silver Market Update

Posted on May 03, 2013

Last week we saw both gold and silver rebound a bit from their massive collapses a few weeks ago. This week was a bit of a different story but the ending numbers are not going to leave investors too disappointed. For the first time in a while both gold and silver had decent consecutive weeks. […]

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May 1st Mid-Week Silver Update

Posted on May 01, 2013 in Silver.com News

Today was all about the FOMC. The announcement however, turned out to be somewhat of a non-event. The fed essentially came out and did what everyone expected them to do. They intend to continue their current path on interest rates and they plan on continuing their bond buying program. There were some notable language changes […]

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April 26th Weekly Silver Market Update

Posted on April 26, 2013 in Silver.com News

For the first time in a few weeks gold and silver both ended on Friday in a better position than where they had started on Monday. Low prices have driven demand to the point where it has no choice but to propel gold and silver forward. Additionally, there is rumblings about a US Dollar that […]

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April 24th Mid-Week Silver Update

Posted on April 24, 2013 in Silver.com News

Precious metals are trading higher today. Spot silver was last quoted at $23.02. The metals markets continue to be the subject of discussion as they continue to try to “shake off” the selling that has hit them so hard in recent weeks. Silver appears to be building a base around the $23 level. Thus far, […]

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April 19th Weekly Silver Market Update

Posted on April 20, 2013 in Silver.com News

Last week was a¬†tumultuous one for silver and gold, and while many thought that it could only get better, the start of this week proved otherwise. Right off the bat gold experienced heavy losses and silver was following a proportionally similar path. Cyprus’ Central Banks selling of a majority of their gold holdings prompted investors […]

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April 17th Mid-Week Silver Update

Posted on April 17, 2013 in Silver.com News

Well it has certainly been an interesting few days in the precious metals markets. And to think, just last week silver was trading around the $28.00 mark. The precious metals have seen a drop of impressive magnitude, and it is unclear yet if the bloodshed is over. This drop in prices represents a massive long […]

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April 12th Weekly Silver Market Update

Posted on April 12, 2013 in Silver.com News

While many though a positive end to last week would carry over into this week, those people could not have been more wrong. While gold and silver both floated in roughly the same position for the majority of the week, Friday spelled doom for precious metals. Despite an atmosphere that would seemingly be perfect for […]

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April 10th Mid-Week Silver Update

Posted on April 10, 2013 in Silver.com News

Silver prices were lower during Wednesday trade. Minutes from the March FOMC meeting were released early on Wednesday due to some technical glitch. The initial reaction to the minutes was bearish although silver did spend much of the day moving sideways and the metal did not seem to suffer the same degree of selling that […]

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