Gold: $1,258.26 -1.05
Silver: $16.63 0.02
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February 5th Weekly Silver Market Update

Posted on February 05, 2016 in Silver.com News

Gold and silver spent this whole 5-day trading session making gains thanks to economic turmoil and uncertainty that continues to abound across the global economy. Do not look now, but we are now on a 2-week streak of impressive performances by both gold and silver. At this current point in time, there are so many […]

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February 3rd Mid-Week Market Update

Posted on February 03, 2016 in Silver.com News

Silver prices are moving sharply higher today as stocks tumble, crude oil rises and the dollar index moves sharply lower. The precious metals complex today appears to be getting a strong lift from overall risk aversion and dollar weakness. This morning, investors got the latest release of the ADP employment report. The report showed a […]

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January 29th Weekly Silver Market Update

Posted on January 29, 2016 in Silver.com News

Precious metals finished out the week poorly, but through the first three and a half days enough gains were made for this 5-day trading session to be considered a success. To be fair, there wasn’t an overload of economic data offered up this week, but a good bit of stories surfaced that may affect the […]

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January 27th Mid-Week Market Update

Posted on January 27, 2016 in Silver.com News

Silver is moving slightly lower this morning following yesterday’s strong gains. Stock index futures, crude oil and the dollar index are all weaker in early trade today. Silver, like gold, appears to be in the midst of an upside breakout from the trading range it has been in since November. A number of geopolitical factors, […]

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January 22nd Weekly Silver Market Update

Posted on January 22, 2016 in Silver.com News

For gold and silver, the last 5 days proved to be beneficial as spot values finished Friday a bit higher than where they started on Monday. There was a lot for investors to pay attention to, but in the same breath it must be mentioned that many of the same factors were talked about all […]

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January 20th Mid-Week Market Update

Posted on January 20, 2016 in Silver.com News

Silver prices are slightly higher today while gold is seeing significant gains. The stock market is once again under severe selling pressure as concerns over China and falling crude oil prices take a heavy toll. Asian and European markets were lower last night as the notion of deflation takes hold China remains a major source […]

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January 15th Weekly Silver Market Update

Posted on January 15, 2016 in Silver.com News

Precious metals spent most of the week conceding value thanks to upbeat US economic data, further bleak analysis of China’s growth prospects, and some lingering geopolitical issues. When it comes down to it, the story really hasn’t changed all that much and market conditions are just as stacked against precious metals now as they have […]

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January 13th Mid-Week Market Update

Posted on January 13, 2016 in Silver.com News

Silver prices are stronger today as stocks are once again under significant pressure while crude oil and the dollar trade near the unchanged mark. While equity markets had been looking as if they may begin to stabilize, selling in equities has picked up throughout the day today as risk aversion once again takes hold. Stock […]

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January 8th Weekly Silver Market Update

Posted on January 08, 2016 in Silver.com News

Precious metals moved forward during the first week of 2016 trading mostly thanks to fresh geopolitical concerns from Asia and the Middle East. Jobs figures were another major talking point of the week, and the upbeat nature of the aforementioned bits of data ended up preventing precious metals from moving higher than they did. As […]

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January 6th Mid-Week Market Update

Posted on January 06, 2016 in Silver.com News

Silver prices are flat in midday trade today while gold is stronger. The stock market is under some significant pressure as crude oil prices decline while the dollar index is trading near the unchanged mark. Markets are reacting today to some significant geopolitical events. North Korea said today that it has tested a hydrogen bomb […]

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December 31st Weekly Silver Market Update

Posted on January 04, 2016 in Silver.com News

Precious metals did not perform well at all this week as investors and market experts alike continue to stare down a bleak future for metals. The fact of the matter is that these past two weeks have been particularly slow as far as economic data is concerned, and this does not help precious metals at […]

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December 30th Mid-Week Market Update

Posted on December 30, 2015 in Silver.com News

Silver prices are moving slightly lower today as weaker crude oil likely weighs on the  precious metals. Stocks are weaker today, as well, while the dollar index is stronger. Given the light trading volumes seen during this holiday shortened week, this type of  choppy price action comes as no surprise. That being said, a recent report by the LBMA  stated that trading volume in gold and silver was strong last month and this heavier volume could likely be attributed to weaker prices. Silver and gold may simply chop relatively sideways until investors return from holiday breaks. The beginning of Q1, however, could potentially become interesting. After  months of speculation about the Fed and the potential for a 2015 rate hike, that news is now old news and investors will turn their attention elsewhere. The focus for investors  heading into the new year will likely be concerns over global growth, crude oil prices  and the pace of further interest rate hikes by the Fed. While stocks were sharply higher yesterday, the equities market is seeing a little bit of selling today as ongoing concerns over China and the global economy take a toll on  investor sentiment. This notion was further bolstered by recent commentary from IMF Head Christine Lagarde in which she stated that economic growth in 2016 would be “disappointing.” Concerns over global growth could potentially bode well for silver and gold. While  stocks have returned to near­-record high levels, the market has not yet put in a fresh,  new high. As the new year gets under way, investors may begin to think twice about  stocks and could begin to look for alternatives in which to put capital to work. From a technical perspective, the silver market continues to look quite weak. While the market has not made a new, significant low in light of the first rate hike in nearly a  decade; the possibility of a fresh leg lower remains. Of course, whether such a move  comes to fruition will likely depend on the global economy, overall risk appetite, crude oil  prices and the dollar. Unfortunately for the precious metals bulls, there is a whole lot of crude oil on the  market and a run towards $20 per barrel could be a possibility. While anything is  possible, it is difficult to imagine any significant rallies in silver while oil remains under  this degree of pressure.

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December 25th Weekly Silver Market Update

Posted on December 30, 2015 in Silver.com News

Being that we are finishing up a holiday week, it should not come as too much of a surprise that trading across the global marketplace was a bit lighter than normal. While this much is true, we were surprisingly dealt a good bit of economic data from the United States. Unfortunately, due to the aforementioned […]

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December 23rd Mid-Week Market Update

Posted on December 23, 2015 in Silver.com News

Silver prices are slightly lower today in what will likely be very light pre-holiday trade. Silver and gold are both weaker this morning while stocks, crude oil and the dollar index are all moving higher. This week has seen a general lack of market-moving news although the silver market has moved well off the weekly […]

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December 18th Weekly Silver Market Update

Posted on December 18, 2015 in Silver.com News

Precious metals began the week moving mostly sideways, but by week’s end the pressure was on once more. All in all, this was one of the more eventful weeks we have witnessed in recent history, mostly due to the fact that the Federal Reserve of the United States finally made the decision to hike interest […]

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December 16th Mid-Week Market Update

Posted on December 16, 2015 in Silver.com News

The U.S. Federal reserve just raised interest rates for the first time in nearly a decade. The central bank hiked rates by 25 basis points bringing the Fed Funds target rate to .25 to .50 percent. Today’s hike brings the end to a seven year run of near-zero interest rates and was initiated with a […]

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December 11th Weekly Silver Market Update

Posted on December 11, 2015 in Silver.com News

Gold and silver began this past week by posting some moderate gains before falling back down come Wednesday and Thursday. All in all, this week did not offer up much in the way of fresh economic data strong enough to alter the attitude of global investors. For precious metals, this is not such good news […]

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December 9th Mid-Week Market Update

Posted on December 09, 2015 in Silver.com News

Silver prices are slightly higher today while gold is slightly lower. Crude oil prices are lower, as well as the dollar index. Stocks have undergone a large reversal today and are moving sharply lower as of this writing. Markets are digesting the latest move by the People’s Bank of China, which overnight lowered its currency’s […]

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December 4th Weekly Silver Market Update

Posted on December 04, 2015 in Silver.com News

By the time the first week of December trading came to a close, neither gold nor silver managed to move too far from where they started. Though this week was jam-packed with economic data, none of it was enough to too drastically move precious metals spot values nor the overall outlook on a precious metals […]

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December 2nd Mid-Week Market Update

Posted on December 02, 2015 in Silver.com News

Silver prices are trading slightly lower today and are attempting to stay above the $14 per ounce level. Weaker crude oil and weaker gold are not doing silver any favors today, while a stronger dollar index is also making life difficult for the silver bulls. While Friday’s non-farm payrolls data for November will take center […]

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November 27th Weekly Silver Market Update

Posted on November 27, 2015 in Silver.com News

This past week of trading was an interesting one for a number of different reasons. For gold and silver, these past 4 or 5 days have been forgettable thanks to the fact that spot values have fallen almost consistently downward. Unfortunately, the way the market is shaping up currently is not at all in favor […]

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November 25th Mid-Week Market Update

Posted on November 25, 2015 in Silver.com News

Silver prices are slightly lower today in what looks to be light, pre-holiday trade. Investors likely have turkey on their minds today and price action may be uneventful or even choppy as trading volumes are light. Silver is currently re-testing the $14 per ounce level, a level last seen in late August. Silver and gold […]

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November 20th Weekly Silver Market Update

Posted on November 20, 2015 in Silver.com News

For a second consecutive week, gold and silver spot values moved downward consistently. To be fair, there are very few factors present in the marketplace to lift metals, and plenty of factors working to push spot values downward. Gold and silver are both sitting at multi-month lows and do not look like they are going […]

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5 oz SilverTowne Prospector Silver Bars Just 89¢/oz Over Spot!

Posted on November 19, 2015 in Silver.com News

On sale now at Silver.com are the 5 oz SilverTowne Prospector Silver Bars which are available for just 89¢/oz over spot for any quantity! Featuring the classic SilverTowne Trademark Prospector, these 5 oz silver bars are custom minted in .999 fine silver at the SilverTowne Mint and ship in brand new condition. If you have […]

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November 18th Mid-Week Market Update

Posted on November 18, 2015 in Silver.com News

10,9,8,7,6,5,4,3,2,1 ignition…..And we have lift-off! Well, almost anyway… The big data point of the day today, and perhaps the most important piece of economic data for the week, has pointed to a rate hike next month. The minutes from the latest FOMC meeting seem to indicate that the economy has reached a point at which […]

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