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…

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….

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…

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…

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…

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…

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…

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….

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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,…

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…

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…

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…

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…

The first few days of April played an elongated April Fools joke on precious metals investors as both silver and gold took heavy losses. Our attention was fixated on various parts of Asia, but mainly on escalating tensions on the Korean peninsula. Finally, unemployment rates in the US went up for the first time in…

Silver prices were lower again in today’s session. In fact, many things were sharply lower today including gold, silver, oil, and stocks. Silver, in other words, did not get any help from outside markets today.One could argue that there are several factors that are currently contributing to the decline in silver. Regardless of the reasons,…