Daily Gold & Silver Market Report – 08/27/2018
In early trading Monday, Gold prices slipped after on overall advance of 2.5 percent last week. The U.S. dollar showed signs of weakening late last week amid new reports from the Federal Reserve regarding interest rates. Summarized in a release on Ma... Read More
Daily Gold & Silver Market Report – 08/24/2018
During international trading Friday, Gold prices showed small gains but failed to break the $1,200 per ounce threshold. Spot prices for Precious Metals are still pinned down as the world awaits an update on U.S. interest rates and economic data from Federal Reserve Chair Jerome Powell. According to Read More
Daily Gold & Silver Market Report – 08/22/2018
Due to the ongoing strength of the U.S. dollar, commodities trading in dollars have had a tough year, including Silver. Since May 2018, the Bloomberg Commodity Index has dropped 9.9 percent, a decline that began just as the trade dispute between the United States and China gained momentum. However, Read More
Daily Gold & Silver Market Report – 08/20/2018
The price of Gold rose during international trading Monday as hopes of easing tensions between China and the U.S. began to spread. These hopes put pressure on the U.S. dollar, increasing demand for Precious Metals that already improved after the price of Gold hit 19-month lows. According to a report in Read More
Daily Gold & Silver Market Report – 08/17/2018
This week's collapse of the Turkish lira caused a landslide for Platinum prices, reaching the lowest levels seen in 10 years. These events , in turn, weakened the currency of South Africa, the world’s leading producer of Platinum Group Metals (PGMs). The tumble comes amid ongoing issues for Platinum miners dealing with an oversupply in the automo... Read More
Daily Gold & Silver Market Report – 08/15/2018
Gold prices continued their slide as the U.S. dollar strengthened. "Gold remained lower after a trio of economic reports on retails sales, productivity and regional manufacturing hit. The data did little to dissuade market expectations for continued U.S. interest-rate hikes this year and next, a negative factor for nonyielding bullion" ( Read More
Daily Gold & Silver Market Report – 08/13/2018
The price of Gold slipped during international trading Monday, falling $0.57 globally. This decline follows the global trend of weak prices as demand continues to slide. Low demand for Gold from jewelers as well as retail outlets over the last year has been a challenge for the Precious Metal. Silver prices did see an early increase due to a lift in sales from the in... Read More
Daily Gold & Silver Market Report – 08/10/2018
For several consecutive months, Silver prices have dipped to near-record lows. This week, Silver continued its overall decline but some analysts view this as a great investment opportunity for long-term investors. As observed by Moe Zulfiqar on Read More
Daily Gold & Silver Market Report – 08/08/2018
In early international trading Wednesday, Gold prices remained steady after rising slightly in the previous session. This week, the U.S. dollar has softened compared to both the euro and Chinese yuan. All of this comes as the United States starts to collect a 25 percent tariff on another $16 billion worth of Chinese good. According to Read More
Daily Gold & Silver Market Report – 08/06/2018
Increased volatility is expected in the upcoming week, caused in part by lack of Gold bullion liquidity. According to a forecast published by Investopedia, this could be especially true if U.S. inflation reports this week are stronger than predicted. The significant influence of dollar trend... Read More
Daily Gold & Silver Market Report – 08/03/2018
Gold investors have had a challenging year, with a series of sharp downturns in the price of the bullion this year. Gold spot prices have gone down 8 percent in the most recent three month period and nearly 11 percent overall since the beginning of 2018. The U.S. dollar has gained 7 percent during the same window, compared to other g... Read More
Daily Gold & Silver Market Report – 08/01/2018
Pressure continues for Gold prices this week, and several news sources published reports that the Trump administration has discussed increasing the proposed 10 percent tariffs on Chinese goods. Tariffs of up to 25 percent on $200 billion worth of commodities from China are now being considered. Much of the discussion regarding the global economy has focused on tensions... Read More
Daily Gold & Silver Market Report – 07/30/2018
The spot price of Gold remained mostly steady in early trading Monday, just ahead of a scheduled meeting of the U.S. Federal Reserve, where new clues about interest rates are expected. U.S. interest rates and the strength of the U.S. dollar are critical influencers of Precious Metal prices. Analysts project the two-day meeting of the Fed will maintain interest rates fo... Read More
Daily Gold & Silver Market Report – 07/27/2018
According to the Russian Central Bank, reserves of the U.S. dollar have shrunk considerably this year, from $96.1 billion in March to just $14.9 billion in May. According to information published by Nasdaq, Central Bank of Russia Governor Elvira Nabiullina said this move was made in an effort to diversify assets and protec... Read More
Daily Gold & Silver Market Report – 07/25/2018
In recent weeks, sentiment for Gold investing has reached bearish lows. Many analysts see the strong U.S. dollar as the prime reason for summer’s sharp declines in Gold prices. However, the Dow-to-Gold ratio is very high, which some say implies better Gold futures and Gold prices may be on the horizon. Gold's ultra-low values this week, compared to stock market p... Read More
Daily Gold & Silver Market Report – 07/20/2018
Although financial institutions have re-evaluated average Gold prices for the year due to significant losses during the second quarter of 2018, prices are expected to bounce back soon. In a poll of analysts and traders conducted by Read More
Daily Gold & Silver Market Report – 07/20/2018
In the past, investors have turned confidently toward Gold during trade wars, but the tipping point has not yet occurred in 2018. Other reasons cited for recent low prices include low physical demand and rising U.S. interest rates. As reported by CNBC's Suki Cooper, who analyzes the Precious Metals markets for Standard ... Read More
Daily Gold & Silver Market Report – 07/18/2018
Gold continues to fall, reaching the lowest prices seen in the last year. Gold has experienced market pressure over the past few months, held back by a strong U.S. dollar and declining oil prices. This new record low, however, leads some analysts to believe spot prices for Gold bullion may be close to bottoming out. U.S. Gold futures for August are also slightly down. Read More
Daily Gold & Silver Market Report – 07/16/2018
The escalating trade battle between the United States and China has led to the most robust U.S. dollar strength in nearly a year but sent Gold prices to a six-month low. The strong dollar and the Federal Reserve’s quantitative normalization policy contributed to the lowest Gold trading numbers seen in 2018. While President D... Read More
Daily Gold & Silver Market Report – 07/13/2018
On June 14, Silver reached $17.43 per ounce but it has been a steady downhill slide since. “The recovery of the dollar, more hawkish monetary policy, and trade issues that have caused bearish price action on other Precious Metals have taken the spotlight off the typically volatile Silver market” ( Read More
Daily Gold & Silver Market Report – 07/11/2018
Peter Krauth, a resource specialist for Money Morning, believes the recent Federal Reserve interest rate hike may have been a turning point for the dipping price of Silver. With the Silver futures market botto... Read More
Daily Gold & Silver Market Report – 07/09/2018
Over the weekend, Gold prices came to their highest level in nearly two weeks as the U.S. dollar slid to a weaker position and trade tensions continued. Gold futures for August also traded higher. Silver, Platinum and Palladium also reached unexpected one-week highs. In a report published by Read More
Daily Gold & Silver Market Report – 07/06/2018
Shares in Gold mining and Silver mining have continued to suffer from a lack of attention by mainstream investors in the current bull market. As noted in a report from Seeking Alpha, many world investors seem convinced the current bull economy in the U.S., now nine years running, will lead... Read More
Daily Gold & Silver Market Report – 06/29/2018
Amid weaker U.S. dollar values on the price of Gold recovered slightly, following months of decline. Analysts for London’s financial journal, Business Day, have continued to voi... Read More
Daily Gold & Silver Market Report – 06/27/2018
While the price of Silver bullion is down considerably for the year, select mining stocks are performing well, with relatively low levels of decline. New Pacific Metals, SilverCrest Metals and Arizona Mining are among stand-out performers, according to a recent report in Seeking Alpha Read More
Daily Gold & Silver Market Report – 06/25/2018
Gold prices weakened again last week due to publicly volatile international trade negotiations. New data on U.S. customer confidence is expected Tuesday, with a final Q1 GDP release later in the week. This data will be scrutinized by industry leaders and investors, as pricing trends and interest rates will likely be affected. According to an article by Read More
Daily Gold & Silver Market Report – 06/22/2018
Prompted by public arguments between trade leaders in the U.S. and China, many investors have turned to traditionally low-risk investments such as the U.S. dollar, Japanese yen and Treasuries. Historically, Gold investments also increase during turbulent times, but many investors seem to be overlooking this convention... Read More
Daily Gold & Silver Market Report – 06/20/2018
Following five years of declining profits, some analysts predict the Canadian Gold Mining industry will grow next year. Top mining companies in Canada have increased 2018 spending for exploration and process development, aided by increased cash flows. This influx of funds is a result of recent increases in Gold investments. As the price of ... Read More
Daily Gold & Silver Market Report – 06/18/2018
Heraeus, a German technology company with operations in a variety of innovation and entrepreneurial sectors across the globe, announced plans last week to open a Precious Metals refinery in Nanjing, China. As reported in Mining Global, the location will also operate a Platinum, Read More
Daily Gold & Silver Market Report – 06/15/2018
On Wednesday, the Federal Reserve raised the interest rate, which some experts predicted would lead to a decline in Silver prices. However, Silver continued to climb in price, appreciating more than 5 percent over the past few trading sessions. As reported by Read More
Daily Gold & Silver Market Report – 06/13/2018
As the Federal Reserve began a two-day meeting to discuss raising interest rates, Gold prices dipped below the important $1,300 per ounce threshold. Gold futures on the COMEX division of the New York Mercantile Exchange fell to $1,298.80 an ounce Tuesday, a dip of 0.34 percent. Most market watchers expect the Fed to increase interest rates Wednesday, which will likely cause further changes to Read More
Published on 5/24/2018 10:48:33 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/24/2018
Prices for Gold edged up in electronic trading after the release of minutes from the Federal Reserve’s May meeting. “For Gold to get back above $1,300, it will need the U.S. dollar to stop rising, and ideally the stock markets too,” Fawad Razaqzada, market analyst at Forex.com, said. Read More
Published on 5/23/2018 12:20:48 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/23/2018
It is no secret Gold and Silver spot prices have been linked for thousands of years. Both Precious Metals have industrial uses because of the physical characteristics and are also adornments symbolizing wealth and beauty. Most importantly, however, Gold and Silver are both commodities, thus hold a history as financial assets. Both tangible metals tend t... Read More
Published on 5/21/2018 9:40:13 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/21/2018
Many market analysts predict if the price of Gold continues to drop, the confluence of support at Silver’s feet may soon break. DailyFX Market Analyst Paul Robinson said, Silver spot “looks likely to break, though, especially with Gold having... Read More
Published on 5/18/2018 11:12:57 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/18/2018
According to reports by CCN, the cryptocurrency market has dropped from $412 billion to $370 billion. Furthermore, the price of Bitcoin dropped below the $8,000 mark, entering the $7,000 region for the first time since mid-April. Unfortunately, many traders were left concerned with digital currency market prices... Read More
Published on 5/16/2018 12:27:43 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/16/2018
After reaching highs near $17 an ounce, the price of Silver spot is back to lows around $16.30 per ounce. These spot price movements within the Precious Metals market are primarily due to the U.S. dollar rally and Treasury yields. FX Street Reporter Andria Pichidi said, ... Read More
Published on 5/14/2018 12:33:02 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/14/2018
Headed for its fourth consecutive slide, Gold prices are in for a bumpy ride as spot prices can’t seem to hold above $1,330 an ounce. Reports show the U.S. dollar is up 0.6 percent for May, according to MarketWatch Rac... Read More
Published on 5/11/2018 11:18:01 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/11/2018
Gold prices finally shed some light as they are set for their first weekly gain in over four weeks after soft U.S. inflation data suggested that the US Federal Reserve could show caution on the pace of an interest rate rise, according to Read More
Published on 5/9/2018 12:19:46 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/09/2018
As we have seen, the price of Bitcoin has jumped nearly 50 percent from lows around $6,700 to nearly $10,000. While many digital currency investors remain watchful, the majority believe if the rally continues, Bitcoin prices could reach $15,000 by the end of 2018. Nonetheless, Bitcoin has seemingly found stability within the mark... Read More
Published on 5/7/2018 12:22:55 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/07/2018
Reports show the Silver metal has underperformed Gold spot significantly in recent months and even years. In fact, Victor Dergunov with Seeking Alpha says Gold has outperformed Silver by about 7 percent over the past year alone. However, many investors say this is normal. “Silver often underperforms Gold in the early stages... Read More
Published on 5/4/2018 9:40:31 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/04/2018
In recent news, the Federal Reserve released a statement saying there will be no change in their monetary policy stance. The significance was the Fed emphasizing they are not going to deviate from their gradual rate hike path. Forbes Contributor Naeem Alsam said, “This particular sta... Read More
Published on 5/2/2018 9:58:37 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 05/02/2018
Silver markets fell rather hard Tuesday as the U.S. dollar strengthened, according to reports by FX Empire Editor Christopher Lewis. While many market analysts say lows around $16 an ounce is a good show of support, if interest rates continue to rise, there is a possibility the bottom level of Read More
Published on 4/30/2018 12:53:36 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/30/2018
The price of Gold retreated earlier Monday as charts showed the U.S. dollar index setting up for its best month in over a year, according to MarketWatch News Editor Rachel Koning Beals. In fact, reports show Gold prices hav... Read More
Published on 4/27/2018 10:38:28 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/27/2018
News of a meeting between North and South Korean leaders to discuss a peace pact helped the Gold price value rise early Friday morning, but they are still on track for a weekly loss, according to an article by MarketWatch News Editor Rachel Koning Beals. Interestingly enough, market price charts indicat... Read More
Published on 4/25/2018 9:01:38 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/25/2018
Heavily dependent on investment trends in 2018, CPM Group said Tuesday that Silver price charts could see a boost from international political and economic risk purchases. Silver spot prices are currently down about 1.6 percent this year, Read More
Published on 4/23/2018 9:27:03 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/23/2018
After hitting new highs over a two-week time period, the prices of Gold finally made their descent as the U.S. dollar gained support from rising U.S. Treasury yields. In fact, reports show the dollar index was up nearly 0.1 percent. Moreover, on Friday, Federal Reserve Governor Lael Brainard said the U.S. economy appears capable of handling further interes... Read More
Published on 4/20/2018 9:16:23 AM By: Cassie Bastien
Gold & Silver Market Report – 04/20/2018
The price of Silver finally reached above $17 an ounce, surprising many Silver metal investors across the markets. According to NASDAQ, Silver spot price rose around 0.7 percent. Commodity strategist Georgette Boele said, “A bounce in Silver is not a surprise to me because you have lower liquidi... Read More
Published on 4/18/2018 12:45:49 PM By: Cassie Bastien
Gold & Silver Market Report – 04/18/2018
After rising for three straight sessions as investors opted for riskier assets, the prices of Gold started to slip. According to Reuters Editor Eileen Soreng, the price of Gold "surged to $1,365.23 per ounce last week,... Read More
Published on 4/16/2018 9:19:28 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/16/2018
According to Kirsten Grishaber with Seattle Times, hundreds of 1,000-year-old Silver coins, rings, pearls and bracelets linked to the era of Danish King Harald Gormsson were found on the eastern German island of Ruegen in the Baltic Sea. At first, a single Silver coin was discovered by a 13-year-old bo... Read More
Published on 4/13/2018 10:32:35 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/13/2018
One strategist says that the Gold bull run isn’t over yet; in fact, CNBC reporter Keris Lahiff says the price of Gold soared to two-year highs this week. Boris Schlossberg, managing director of FX strategy at BK Asset Management, told CNBC's "Trading Nation" on Wednesday, Gold metal is "retak... Read More
Published on 4/11/2018 12:42:27 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/11/2018
After hitting record highs in January, reports show Palladium prices have dropped a massive 20 percent, putting the industrial and Precious Metal in the bear market. Since Monday, a report by Mining Weekly said, Palladium prices have jumped ... Read More
Published on 4/9/2018 12:22:50 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/09/2018
U.S. Commodity Futures Trading Commission data Friday showed hedge fund and Precious Metals investors increased their holdings for Silver metal, according to NASDAQ. In fact, reports show spot Silver was up 0.3 percent whil... Read More
With President Donald Trump reigniting “trade war fears by proposing $100 billion in new tariffs on China” (Business Standard), Gold prices hit a two-week low. The dollar remained strong ahead of the U.S. jobs data in the coming weeks. It is expected there will be more than 190,000 jobs added, which could keep the Read More
Published on 4/4/2018 8:34:52 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/04/2018
After nearly reaching $17 an ounce, Silver spot finished March in the red, according to Money Metals Resource Specialist Peter Krauth. However, Krauth, along with many Silver metal investors, say there is still hope for the gray metal a... Read More
Published on 4/2/2018 10:21:22 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 04/02/2018
Gold spot prices finally snapped their 3-day losing streak as the U.S. dollar eased following trade war concerns after China imposed additional tariffs on U.S. products in response to U.S. duties on imports of aluminum and steel. R... Read More
Published on 3/29/2018 11:07:29 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/29/2018
FX Empire Reporter Christopher Lewis predicts it is only a matter of time before Silver buyers get involved in the Precious Metals market once again. During the trading session Wednesday, reports show Silver markets broke down significantly, reaching lows near $16 an ounce. Silver investors are l... Read More
Published on 3/28/2018 9:32:11 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/28/2018
According to Frank Holmes, chief executive officer of U.S. Global Investors, spot Gold prices could reach $1,500 per ounce this year, a level not seen since 2013. MarketWatch Markets and Commodities Editor Myra P. Saefong notes this would require an 11 percent rise from Read More
Published on 3/26/2018 9:48:42 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/26/2018
After finishing at its highest in five weeks Friday, Gold futures slipped as stocks looked to regain ground after their worst weekly performance in more than two years. MarketWatch News Editor Rachel Koning-Beals said Gold prices “had notched a weekly gain of almost 3 percent last week as the ... Read More
Published on 3/23/2018 8:36:46 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/23/2018
It’s no secret the stock market has encountered notable volatility recently. And while the major indices such as the S&P 500 and the Dow Jones industrial average have not yet fallen into a bear market, Forbes Contributor Charles Bovaird said, “Should these b... Read More
Published on 3/21/2018 10:08:35 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/21/2018
With increased demand for jewelry among millennials, Anthony Donaghue with Born2Invest says the Platinum industry is looking to get energized in 2018.” Donaghue says “In India, there was a 25 percent hike in P... Read More
Published on 3/19/2018 9:06:41 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/19/2018
Economic Times Reporter Aasif Hirani says the current Gold-Silver ratio, around 80, is near the historic high of 84.90 seen in November 2008. Looking at a historical chart analysis, Hirani says ... Read More
Published on 3/16/2018 9:25:34 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/16/2018
Supported by a weaker U.S.dollar and safe-haven demand amid U.S. political concerns and U.K.-Russia tensions, the price of Gold is on the road to end the week on a positive note. Price gains were limited however, says Reuters, due to “expectations that the U.S. Federal Reserve ... Read More
Published on 3/14/2018 2:30:27 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/14/2018
Silver spot price has been lower in recent days, but many market analysts see a rally coming for the gray metal. In fact, some even predict Silver prices will outperform Gold in 2018. Investing.com said, “The U.S. dollar, which has been weakening for the past year, is expected to fall further. At the sam... Read More
Published on 3/12/2018 1:22:59 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/12/2018
Gold prices started Monday off low as pressure from the U.S. dollar and higher stock market prices take over with help from the U.S. jobs report. MarketWatch Reporters Myra P. Saefong and Rachel Koning Beals said, “The latest snapshot of the U.S. labor market showed strong job growth and a hi... Read More
Daily Gold & Silver Market Report – 03/09/2018
Spot Gold prices dropped slightly Thursday after the U.S. dollar rebounded. It was an eventful week for Gold after President Donald Trump "implemented steel and aluminum import tariffs that excluded Canada and Mexico, two key U.S trade partners." (FX Empire) ... Read More
Published on 3/7/2018 10:47:33 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/07/2018
Aside from being undervalued, many investors are taking advantage of the low Silver spot prices while they can. Historically speaking, Jeff Clark with Silver Seek says you have 27 days to buy Silver before spot prices skyrocket. A lot of this speculati... Read More
Published on 3/5/2018 9:17:43 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/05/2018
Investing.com Editor Steve St. Angelo said the Silver metal “will turn out to be one of the best investments to own as the massive amount of leverage in the stock and real estate market evaporates.” Long-term investors typically notice... Read More
Published on 3/2/2018 10:34:05 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 03/02/2018
The U.S. dollar eased on fears of an imminent trade war following President Donald Trump's decision to impose steep tariffs on imported steel and aluminum, causing the price of Gold to regain strength early Friday morning. In fact, spot prices dropped to their lowest since January 2 to around $1,302 an ounce Thursday with speculations of further interest rate hikes set for 2018. Since then, the Read More
Daily Gold & Silver Market Report – 02/28/2018
Both Gold and Silver rates saw a sharp decline Tuesday., which marked Jerome Powell’s first public appearance as Federal Reserve chair. A rate increase is still on tap for 2018, in fact perhaps multiple increases, which spurned a little hesitation for investors. “The tug of war between rising rates and stronger GDP and corporate earnings boo... Read More
Published on 2/26/2018 12:11:53 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/26/2018
As the U.S. dollar and bond yields retreated ahead of a week full of appearances by Federal Reserve officials, many Gold metal investors are watching spot prices rise Monday morning. “There seems to be a wave of buyers looking to use this recent correction as a chance to re-enter the market again,” Richard Perry, analyst at Read More
Published on 2/23/2018 9:22:58 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/23/2018
Seeking Alpha Reporter Robert Kientz says because of inflation and the weakness in the U.S. dollar, we are looking at a potential breakout within Gold and especially Silver prices, as both hold a very volatile nature. It has been a long time coming since ... Read More
Published on 2/21/2018 10:52:03 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/21/2018
A report by ETF Daily News examines why commodities are the go-to for the 2018 investor. Even those only somewhat familiar with stocks likely were shocked by the February 5 drop. The S&P 500 was down 4.1 percent – its worst fall in 6 1/2 years. Thus, equity investors quickly shifted holdings into safe havens su... Read More
Published on 2/19/2018 9:35:19 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/19/2018
Precious Metals investors piled into Gold last week on concerns that U.S. inflation could heat up, causing the price of Gold to rise 2.4 percent, according to a report by BusinessDay Editor Zandi Shabalala. ABN AMRO Commodity Strategis... Read More
Published on 2/16/2018 10:38:37 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/16/2018
CNBC Reporter Thomas Franck says Gold appears "as an attractive option for investors looking to protect themselves from the eroding effects of inflation." In fact, Chris Gaffney, president of EverBank World Markets,agrees, saying, "We think that it is a good time to own the Precious Metals." I... Read More
Published on 2/14/2018 11:47:29 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/14/2018
The price of Gold bullion advanced for the third-straight day with help from a weakening U.S. dollar, giving Precious Metals investors and traders the positive vibes they have been looking for. Moreover, a report from Bloomberg Markets Read More
Published on 2/12/2018 9:46:29 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/12/2018
Precious Metals tend to rise when the U.S. dollar weakens because a falling dollar can make those assets cheaper for those using weaker monetary units. Recent news shows Gold prices today are starting the week off strong. MarketWatch Reporter Mark... Read More
Published on 2/9/2018 9:30:46 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/09/2018
Jeff Clark from The Daily Coin said there are 10 main reasons why someone should invest in Silver. Because many new investors question whether Silver is a good investment, Clark says there are plenty of reasons everyone should own physical Silver. O... Read More
Published on 2/7/2018 11:03:41 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/07/2018
The Gold price dropped “for a fourth-straight session Wednesday as the dollar index and Treasury yields gained and stocks churned in weaker territory,” according to MarketWatch News Editor Rachel Koning Beals. The January jobs report... Read More
Published on 2/5/2018 9:07:10 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/05/2018
Volatility has returned to the gray metal as investors watched spot Silver price drop down to the lowest level seen thus far in 2018 to lows at $16.73. Although this drop in spot price was painful for long-term investors, Seeking Alpha reporter Andrew Hecht says, “i... Read More
Published on 2/2/2018 9:11:20 AM By: Cassie Bastien
Daily Gold & Silver Market Report – 02/02/2018
The spot price of Palladium hit a record high of $1,138.00 per ounce last week. Due to its high demand in the auto industry and its ongoing supply deficit, Palladium has definitely been a top performer of the Precious Metals market. Used as a catalyst for diesel-based engines, Read More
Published on 1/31/2018 1:05:05 PM By: Cassie Bastien
Daily Gold & Silver Market Report – 01/30/2018
According to Money Morning Resource Specialist Peter Krauth, today's price of Silver is up 0.76 percent, with room to climb. In fact, Krauth said, “I see plenty of bullish momentum ahead for Silver prices in 2018.” The U.S. Do... Read More
Disclaimer:
APMEX Market Reports provide our readers with a review of spot price activity and some of the factors that may be affecting the market for Precious Metals. While the information is obtained from sources we believe to be reliable, we do not guarantee its accuracy or its completeness and we encourage you to conduct your own investigation prior to making any decision based on the information. The Market Reports are not intended as a comprehensive discussion and there may be other factors affecting the financial marketplace. These Market Reports are provided for informational purposes only and do not constitute a recommendation by APMEX to hold, purchase or sell any Precious Metal product. All orders, purchases and sales, if any, are subject to the terms of the User Agreement and other applicable policies.