Gold: $1,269.80 11.61
Silver: $17.40 0.16
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August 3rd Mid-Week Market Update

Posted on August 03, 2016 in Silver.com News

Market Overview: Both silver and gold are slightly lower in early action today as some profit taking is likely featured. Investors are awaiting further data inputs this week, and markets are still trying to gauge the likelihood of a September rate hike. Trading volumes appear to already be on the decline, as many investors take […]

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July 29th Weekly Silver Market Update

Posted on July 29, 2016 in Silver.com News

Precious metals are riding some poor US economic data to finish this week in positive fashion. In fact, the whole entire latter part of this trading week boded well for gold and silver thanks to a number of different factors. For this being a trading week smack dab in the middle of what is historically […]

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July 27th Mid-Week Market Update

Posted on July 27, 2016 in Silver.com News

Market Overview: The silver market is seeing a nice bounce higher today following several days of drifting lower. While silver looked vulnerable to a larger pullback, today’s price action may squeeze some shorts out of the market and silver could potentially return to recent highs. Some short covering and position squaring is also likely being […]

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July 22nd Weekly Silver Market Update

Posted on July 22, 2016 in Silver.com News

Precious metals conceded value to close out what has mostly been a lackluster week. There were not all that many economic happenings, but some valuable information was dealt that may have an impact on the market in the future. In truth, we have seen spot values take quite the tumble over the last few weeks […]

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July 20th Mid-Week Market Update

Posted on July 20, 2016 in Silver.com News

Market Overview: Both silver and gold are coming under some decent selling pressure today as a rising dollar index and stronger equities are taking a toll. Risk appetite continues to be on the mend following post-Brexit volatility, and stocks could be poised for further upside as investors seek yield. Fighting the Fed is typically a […]

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July 15th Weekly Silver Market Update

Posted on July 15, 2016 in Silver.com News

Precious metals did not perform as well this week as they have over the course of the past month or more. To be fair, this 5-day trading session was more lackluster than anything else, dominated by pieces of economic data that are, quite honestly, not deemed overly important by investors. In addition, there was some […]

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July 13th Mid-Week Market Update

Posted on July 13, 2016 in Silver.com News

Market Overview: Silver, as well as gold, are slightly higher in early action on Wednesday as stocks trade modestly higher. Gold appears to once again be benefiting from investors buying the dip following yesterday’s losses. The absence of a larger selloff in spite of higher stock prices may be a good sign for the gold […]

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July 8th Weekly Silver Market Update

Posted on July 08, 2016 in Silver.com News

Precious metals did not make much in the way of gains to close out the week and were mostly stagnant thanks to some better than expected employment data from the United States. The fact of the matter is that the biggest splash made this week was by the slew of employment data released Wednesday through […]

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July 6th Mid-Week Market Update

Posted on July 06, 2016 in Silver.com News

Market Overview: Both silver and gold are seeing some solid gains today as risk aversion continues to take a toll on risk assets. Silver is trading above the $20 per ounce mark, and appears poised for further upside. That being said, silver is well off the recent highs seen in what may simply be some […]

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July 1st Weekly Silver Market Update

Posted on July 01, 2016 in Silver.com News

Precious metals have gotten the month of July off to a nice start by posting sizeable gains to close out the week and begin the month. To be fair, this week did not offer much in the way of fresh data, but as month and quarter-end data looms, investors are perking up to see how […]

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June 29th Mid-Week Market Update

Posted on June 29, 2016 in Silver.com News

Market Overview: The silver market is seeing some strong buying today even as the global equity selloff appears to be abating, at least for now. Stocks have already retraced about half the losses seen directly following the Brexit vote, and calmer heads appear to be viewing the recent slide as a buying opportunity. The buying […]

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June 24th Weekly Silver Market Update

Posted on June 24, 2016 in Silver.com News

Precious metals ended the day incredibly higher after posting losses all week long. In fact, both gold and silver lost almost every single day over the course of this 5-day trading week up until Friday. To be fair, most factors are turning the tide against precious metals and that is being reflected in recent losses. […]

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June 22nd Mid-Week Market Update

Posted on June 22, 2016 in Silver.com News

Market Overview: Tick tock tick tock tick tock… The highly anticipated “Brexit” vote is fast approaching and markets appear to be comfortable with the idea that Great Britain will vote to stay in the EU. This key vote will be closely watched by markets around the globe, and a vote to stay in the union […]

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June 17th Weekly Silver Market Update

Posted on June 17, 2016 in Silver.com News

At almost every turn this week, precious metals performed extremely well thanks to most underlying factors coming to their aid. One of the biggest news stories of the week was the FOMC meeting that took place over the course of Tuesday into Wednesday, but it did not end up providing much of anything that wasn’t […]

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June 15th Mid-Week Market Update

Posted on June 15, 2016 in Silver.com News

Market Overview: Silver and gold are both moving modestly higher following the FOMC meeting statement this afternoon. The technical posture for silver remains constructive and the market could be gearing up for a retest of recent highs. Today’s FOMC meeting conclusion and subsequent press conference will likely be the most important input watched by investors […]

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June 10th Weekly Silver Market Update

Posted on June 10, 2016 in Silver.com News

Precious metals had a positive week by all accounts and are continuing to look stronger and stronger by the day. To be fair, this 5-day trading session offered very little in the way of fresh, fundamental data, but that did not stop investors from continuing to speculate with regard to what is going to happen […]

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June 8th Mid-Week Market Update

Posted on June 08, 2016 in Silver.com News

Market Overview: Silver and gold are both seeing strong buying today as bullish outside markets and short covering are featured. These precious metals may be seeing some renewed buying interest on some downbeat economic data as well. Silver and gold are both higher today as stocks continue recent gains in what may be an encouraging […]

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June 3rd Weekly Silver Market Update

Posted on June 03, 2016 in Silver.com News

For yet another week, precious metals really ended up spinning their wheels and not doing much in the way of making any progress. The simple fact of the matter is that the way the current global marketplace is, it is always going to be difficult for gold and silver to make any substantial gains. Apart […]

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June 1st Mid-Week Market Update

Posted on June 01, 2016 in Silver.com News

Market Overview: Silver is flat to slightly lower in early trade today as the market flirts with the $16 per ounce level. Overall, there appears to be a degree of risk aversion in the marketplace today, yet precious metals are not seeing any flight to safety bid thus far. Investors may be taking a wait […]

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May 27th Weekly Silver Market Update

Posted on May 27, 2016 in Silver.com News

Precious metals are going to end the week in lackluster fashion and, in many ways, investors could not be happier to see this week come to a close. From a precious metals perspective, this week, though slow, did not bring about much as far as fresh, fundamental data is concerned. In fact, the data points […]

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May 25th Mid-Week Market Update

Posted on May 25, 2016 in Silver.com News

Market Overview: Silver prices are slightly higher in early trade while gold is moving slightly lower. Further weakness in gold may weigh on silver while recent stock market strength could also deflate any safe haven bid. Price action in silver this week has thus far been quiet, and the market could potentially stay relatively subdued […]

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May 20th Weekly Silver Market Update

Posted on May 20, 2016 in Silver.com News

After losing for much of the week, precious metals slowed their descent on Friday. All in all, this was a fairly important week not because of the economic data that was dealt, but due to the release of some key information regarding the future of interest rates in the US. To be fair, there was […]

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May 18th Mid-Week Market Update

Posted on May 18, 2016 in Silver.com News

Market Overview: Silver and gold prices are moving lower this morning in early action as the dollar rallies and investors square positions ahead of this afternoon’s FOMC meeting minutes release. Price action may be choppy until the minutes are released and could potentially see some volatility following the minutes. Any further clues as to the […]

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May 13th Weekly Silver Market Update

Posted on May 13, 2016 in Silver.com News

Precious metals ended this week poorly, which is surprising considering the tone of economic data from the United States. Even though precious metals finished the week poorly, the near-term future still remains bright, or so it would seem. The tone of economic data from most parts of the world, the US included, has been downbeat […]

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May 11th Mid-Week Market Update

Posted on May 11, 2016 in Silver.com News

Both silver and gold are seeing some solid buying interest in early trade today. Stocks are seeing some slight selling pressure this morning following yesterday’s gains, and the dollar index is also moderately lower while crude oil moves higher. The weaker dollar index is likely a primary factor in higher silver, gold and oil this […]

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