Gold: $1,246.36 0.70
Silver: $14.72 0.11
0

February 1st Weekly Silver Market Update

Posted on February 01, 2013 in Silver.com News

Gold and silver both had dramatic highs and lows this week, with peaks coming on Tuesday and Wednesday followed by a major sell-off on Thursday. The Fed’s meeting this week along with a booming stock market were two of the main factors affecting both silver and gold’s performance this week. Fed Bond Buying to Continue […]

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January 25th Weekly Silver Market Update

Posted on January 25, 2013 in Silver.com News

On a short week, silver and gold had a bit of a wild ride, with both metals slipping overall over the four days of trading. Currency movements as well as S&P trading had a lot to do with commodity price movements, all of which will be discussed below. Stagnant and Slow With Martin Luther King […]

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US Mint Sells Out of 2013 American Silver Eagles

Posted on January 18, 2013 in Silver.com News

After experiencing record demand over the first week of 2013 sales, the US Mint has stopped taking orders for 2013 American Silver Eagles, as they simply do not have the inventory. Opening day sales on January 7th totaled nearly 4 million coins, which was a single day sales record for the American Silver Eagle. Thus […]

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January 18th Weekly Silver Market Update

Posted on January 18, 2013 in Silver.com News

Both gold and silver had strong weeks, as physical supply issues as well as positive economic news drove both metals significantly higher. After last week’s relatively stagnant market, we finally had some news come out to drive some action in the precious metals spot markets. Below we’ll recap each day’s trading and explain what drove […]

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January 11th Weekly Silver Market Update

Posted on January 11, 2013 in Silver.com News

Silver and gold experienced a bit of an up and down week, with the end result being rather flat overall. After last week’s Fed minutes hinted at reduced or no quantitative easing in late 2013, metals started out a bit shaky, falling $0.25 and $1.60 during Monday’s trading. The downward pressure was also aided by […]

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January 4th Weekly Silver Market Update

Posted on January 05, 2013 in Silver.com News

Precious metals experienced quite a wild week, with the fiscal cliff driving most of the action. Late on New Years Day, legislators passed a bill to extend certain tax cuts and heighten the debt ceiling, largely averting the fiscal cliff’s ramifications for the time being. As a result of this resolution, both stocks and precious […]

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