Precious Metals Market Reports
Silver Prices Today Set to Soar
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
Negative News Affects Bitcoin Prices
Daily Gold & Silver Market Report – 01/29/2018
A recent run of negative news has finally taken its toll on popular digital currency Bitcoin. Coin Desk Editor Omkar Godbole said, “Following a hack against the exchange Coincheck last week, CoinDesk's Bitcoin Price Index turned lower from $11,942 (Sunday high), ultimately hitting a low of $11,110 at 09:59 UTC Monday.&rd... Read More
Comments from President Trump Drive Gold Prices Lower
Daily Gold & Silver Market Report – 01/26/2018
After the U.S. dollar got a boost from comments by President Donald Trump, Gold spot prices continued to drop early Friday morning. The president expressed optimism the battered currency would strengthen, according to MarketWatch Barbara Kollmeyer. The yellow metal's recent price rally was driven ... Read More
Gold, Silver Prices Shoot High Amid a Weaker Dollar
Daily Gold & Silver Market Report – 01/24/2018
Gold has hit its highest level this year on a weaker U.S. dollar. “Treasury Secretary Steven Mnuchin said that a softer dollar was good for the United States” (Nasdaq). Though spot Gold prices rose nearly one percent, their highest price since September 8, investors... Read More
Steady as She Goes: Gold Holds its Own
Daily Gold & Silver Market Report – 01/22/2018
Even after the U.S. government shutdown, the dollar remained weak and Gold held steady. Although essential services will still run, many federal programs were put on hold until Republicans and Democrats can break through on a funding plan. The Precious Metals markets were expected to be sporadic following the shutdown but those trends have not come to fruition. Though Gold held steady over t... Read More
Gold Prices Rise with a Possible Government Shutdown
Daily Gold & Silver Market Report – 01/19/2018
While Gold rose half a percent Friday, the U.S. dollar neared a three-year low. The political talk this week has been dominated by a potential government shutdown, which has caused tremendous worry among investors. Also on the horizon are interest rate hikes that have investors turning a cautious eye toward the markets. According to Read More
GOLD PRICES CONTINUE TO CLIMB
Daily Gold & Silver Market Report – 01/17/2018
News editor Rachel Koning Beals with MarketWatch says the price of Gold, “which returned to levels last seen in mid-September in recent trading sessions, last week tallied a fifth week of consecutive gains, the longest such stretch since April. Month to date, the metal has climbed roughly 2 ... Read More
Gold Pricing Hits 4-Month High
Daily Gold & Silver Market Report – 01/15/2018
NASDAQ reports spot Gold prices were up 1 percent Friday as “President Donald Trump said he would waive nuclear sanctions against Iran for the last time to give Washington and its European allies a chance to fix the "terrible flaws... Read More
Palladium Supply and Demand
Daily Gold & Silver Market Report – 01/12/2018
Market analysts say the gains we are seeing in Palladium spot price and Palladium stocks is just beginning as shortages continues. ETF Daily News Read More
Gold Prices Continue to Rise
Daily Gold & Silver Market Report – 01/10/2018
According to BullionVault, Gold price value ended 2017 with a rise of more than 13 percent, due in large part to a weaker U.S. dollar and geopolitical uncertainty. Frank Holmes with U.S. Global Investors said, “I believe these forces will only intensify in 2018. With inflation finally showing green shoots and President Donald Trump's $... Read More
Price of Palladium Could Top Spot Gold
Daily Gold & Silver Market Report – 01/08/2018
“Palladium is hitting new record nominal highs due to the perfect storm of very robust demand and small, finite supply of physical Palladium bullion,” said Mark O’Byrne, research director Dublin-based GoldCore. Thursday, Palladium futures climbed above $1,100 an ounce for the first time, leaving some traders and investors wondering if Pa... Read More
Rivalry Between Gold and Bitcoin Investments
Daily Gold & Silver Market Report – 01/05/2018
It is no secret a lot of new investors are taking their bets on cryptocurrencies, but more specifically Bitcoin has been a top performer. However, those who have experience within the market say something more tangible like physical Gold is a better investment. A report by Seeking Alpha... Read More
Gold Price on Best Streak Since 2011
Daily Gold & Silver Market Report – 01/03/2018
Gold Bullion climbed for an eighth-straight day, marking its longest such streak since mid-2011, according to Bloomberg and Money Time. “As global complacency over the trajectory of U.S. rates continues to be astoundingly low, Precious Metals in general should continue to... Read More
Spike in Spot Price Silver for 2018
Daily Gold & Silver Market Report – 01/02/2018
As demand for solar panels and electrical vehicles are increasing in 2018, analysts show a very likely spike in Silver prices coming soon. Market watchers at ETMarkets expect Silver metal to be ver... Read More
Gold Price Charts Headed for Best Year Since 2010
Daily Gold & Silver Market Report – 12/29/2017
The price of Gold hit one-month highs Friday, putting it on track for its best year since 2010, according to market analysts at RTE. Gold, which is also on track for its best month since August, has benefited from technically-driven momentum as well as th... Read More
Gold Rises With Weak U.S. Dollar Values
Daily Gold & Silver Market Report – 12/27/2017
Gold prices inched up Wednesday as the U.S. dollar declined, but “moved in a range as investors stayed away in a holiday-thinned week, while Palladium extended gains after touching a 17-year high,” according to a report by Reuters staff. “The United States announced sanctions on two North Korean officials behind their country's ballistic ... Read More
Palladium Reaches 17-Year Highs
Daily Gold & Silver Market Report – 12/26/2017
The price of Palladium metal jumped to 17-year highs Friday as strong demand from for catalytic converters reinforced the prospects of market shortages, but Glenn Wilkins with BayStreet says slowing car sales are expected to challenge gains. Speaki... Read More
Gold on Track for Second Weekly Gain
Daily Gold & Silver Market Report – 12/22/2017
Gold prices have been low as the holiday quickly approaches, but the yellow metal is on track for its second week of gains. A report from BusinessLine said Gold “was up 0.8 percent for the week [while] U.S. Gold f... Read More
Bitcoin Value Not Replacing Gold Anytime Soon
Daily Gold & Silver Market Report – 12/20/2017
"Mad Money" host Jim Cramer is confident Bitcoin will not replace the value of physical Gold anytime soon. Cramer said, "Long story short, Bitcoin 's not going to replace Gold anytime soon, and I'd say that even if it hadn't started pulling back over the past couple of days." Carley Garner, the co-founder of... Read More
Physical Gold, Silver Remain Better Risk Hedges than Bitcoin
Daily Gold & Silver Market Report – 12/18/2017
Currently, charts show Gold and Silver are relatively affordable when compared to other safe-haven assets offering similar protection. Investing.com Reporter Chris Vermeulen said, “…the fact that the Gold and Silver price ratio is his... Read More
Silver Prices Hurt by Bitcoin
Daily Gold & Silver Market Report – 12/15/2017
Investors have recently taken a liking to cryptocurrencies, especially Bitcoin, putting physical Precious Metals lower. However, Christopher Lewis with FX Empire said, “I think there is enough uncertainty with interest rates out there to keep the Silver market somewhat afloat, and I also... Read More
Gold Holds 5-Month Low as Investors Await Fed Meeting
Daily Gold & Silver Market Report – 12/13/2017
Spot Gold prices held “near its weakest level in almost five months on Wednesday amid expectations the Federal Reserve would raise interest rates again at the conclusion of its last policy meeting this year,“ according to Read More
Spot Gold Price Strengthens Ahead of U.S. Fed Reserve Meeting
Daily Gold & Silver Market Report – 12/11/2017
The Precious Metals market saw slight gains early Monday morning as this week marks the last Federal Reserve meeting of 2017, which could result in a third and final interest rate hike. If that does indeed occur, the U.S. dollar could strengthen further, causing safe-haven assets such as Gold to drop. Jan Harvey with Read More
Palladium Prices Continues to Beat Platinum
Daily Gold & Silver Market Report – 12/08/2017
Palladium hit a $1,022.70 per ounce Thursday, just under a 16-year high seen last week, with help from heightened automobile demand and an ongoing supply deficit, Reuters Reporter Renita D Young said. Meanwhile, Pla... Read More
Prices of Silver Dip before Christmas Rally
Daily Gold & Silver Market Report – 12/06/2017
Investors have watched the price of Silver continue to struggle. Commodity Trade Mantra says, “The longer-term chart looks fine but on the emotional short-term charts, the struggles continue. There are many questions that arise from the recent activity. ” If economic growth is so good, wher... Read More
Physical Gold Hits 4-Week Lows
Daily Gold & Silver Market Report – 12/04/2017
Reports show Gold prices fell early Monday, quickly reaching four-week lows as a result of a strengthening U.S. dollar following a recently approved tax overhaul and the market looking ahead to the December Federal Reserve meeting. NASD... Read More
American Silver Eagle Sales Rise for November
Daily Gold & Silver Market Report – 12/01/2017
According to Dave Harper with Numismatic News, November sales for the Silver Eagle coin has “inched past the September figure and now stand at 385,000 pieces.” September Silver Eagle sales of 320,000 coins remain as the lowest monthly total for 2017. Now, analysts are curious to see how the c... Read More
Palladium Metal Price Hits Highest Since February 2001
Daily Gold & Silver Market Report – 11/29/2017
Palladium jumped 2 percent Tuesday, according to Reuters Reporter Renita D. Young and Jan Harvey, marking its highest price since February 2001. Analysts say this jump is due to traders and Precious Metals inves... Read More
Gold Value Higher on Cyber Monday
Daily Gold & Silver Market Report – 11/27/2017
As investors look ahead to congressional testimony by the nominee for Federal Reserve Chair and a meeting between President Donald Trump and Senate Republicans on tax reform, the U.S. dollar drops in value causing Precious Metals such as Gold prices to rise. Mitsubishi Analyst Jon Butler said, “We've seen a fairly firm recovery underpinned by a... Read More
Higher Silver Prices
Daily Gold & Silver Market Report – 11/22/2017
Although the price of Silver dropped a shockingly 2.3 percent starting the week, it has turned around and has now made a 0.6 percent gain as of yesterday afternoon. Much of this movement is coming from investors turning their attention toward the upcoming U.S. Fed meeting with anticipation of another move for the monetary system. With cautious inve... Read More
Geopolitical Risks Boost Gold Demand
Daily Gold & Silver Market Report – 11/20/2017
As Citi analysts reported Monday, “Elections and political votes, military attacks and macroeconomic crises [are] some of the key geopolitical events likely to influence investment into Gold” and other Precious Metals, CNBC Reporter Sam Meredith said. While ther... Read More
Gold Continues to Rise on Political Jitters
Daily Gold & Silver Market Report – 11/17/2017
A report about a U.S. probe requesting more documents linked to possible Russian interference in the 2016 presidential election has led to a weaker U.S. dollar, helping Gold prices to continue to rise. Jonathan Butler, commodities analyst at Mitsubishi in London, said, “The plot seems to thicken day by day and what that does is make less likely... Read More
Is Buying Physical Silver Best for Long-Term Investors?
Daily Gold & Silver Market Report – 11/15/2017
FX Empire blogger Christopher Lewis says although a “choppy market” is imminent, now is the perfect time to buy physical Silver, especially for a long-term investing strategy. While the rebound could be months or even years away, many analysts believe Silver prices will go higher. ... Read More
Silver and Gold Price Ratio
Daily Gold & Silver Market Report – 11/13/2017
Recent price fluctuations within all Precious Metals are mostly in reaction to geopolitical tensions around the world. Moreover, price charts were moved with discussion regarding who would be the next chair of the Federal Reserve. Market Realist Meera Shawn says Gold is the most ... Read More
Palladium Prices Continue 16-Year Highs
Daily Gold & Silver Market Report – 11/10/2017
Low supplies and high demand have been the main cause for the consistent rise in Palladium prices. The price of Palladium has surged in recent months to its highest level for more than 16 years as robust demand has met tight supplies of the multi-purpose Precious Metal, which a report by MENAFN and... Read More
Gold Price Charts On The Rise
Daily Gold & Silver Market Report – 11/08/2017
The U.S. dollar declined on the expectation of potential delays in the long-awaited tax reforms, causing Gold price charts to rise. After falling about 0.5 percent Tuesday, BusinessDay Editor Zandi Shabalala said Gold prices have risen 0.4 perc... Read More
Gold Price Gains Are Limited
Daily Gold & Silver Market Report – 11/06/2017
A drop in bond yields and a steadier U.S. dollar caused Gold prices to slowly make their way above $1,270 an ounce. However, prices were limited as many buyers await word from the December Federal Reserve meeting, where interest rates are expected to be raised for the third and final time of 2017. Meanwhile, Saxo Bank Head of Commodity Research Ole Hansen said, “With Trump in Asia we could see North Korea t... Read More
Silver Analysis
Silver prices went up and down on an interesting Thursday, topped with the official nomination of the new Federal Reserve chair. According to Christopher Lewis with FX Empire, “The U.S. dollar should continue to strengthen, so given time...the Silver market will roll over.” While this is a possibility, it is still important to consider what is on the horizon ... Read More
New Fed Chairman Powell Deemed Good for Gold Prices
Daily Gold & Silver Market Report – 11/01/2017
We have all watched Precious Metal prices drop in recent days. However, Keith Weiner with SeekingAlpha said a report came out mentioning Jerome Powell, currently on the Board of Governors of the Federal Reserve, is now in the number one spot to receive the title as the new Fed Chair, replacing Janet Yelle... Read More
Silver Prices Hover Around $17 an Ounce
Daily Gold & Silver Market Report – 10/30/2017
Although the price of Gold has dropped well below $1,300 an ounce, Silver is somehow managing to linger around the $17 an ounce mark. And while prices have been steadily dropping across the board for all Precious Metals, investors and traders, including collectors and gift givers, are not complaining about the lower metal prices. Panic will come in to play for investors when prices do not rebound or experience th... Read More
What is Happening with Gold Prices?
Daily Gold & Silver Market Report – 10/27/2017
With the U.S. dollar up Friday, the price of Gold dropped, reaching near three-week lows. “The spot Gold may return to its October 6 low of $1260.16 [per ounce] as it has damaged a support zone of $1,271 to $1,268,” technical analyst Wang Tao said (FSM News). Another factor that could drive the metal ev... Read More
Gold Prices Hit 2-1/2 Week Lows
Daily Gold & Silver Market Report – 10/25/2017
The price of Gold fell to a 2 1/2 week low early Wednesday, according to Reuters Reporter Peter Hobson, as reports came out “that Republican senators favored John Taylor to become the next head of the U.S. Federal Reserve drove the dollar and U.S. bond yields higher... Read More
Silver Eagle Coins Sales Recover
Daily Gold & Silver Market Report – 10/23/2017
According to an article by Numismatic News, Silver American Eagle bullion coin sales in the first half of October already surpassed the September monthly sales total. In fact, as of October 18, the U.S. Mint sold 750,000 to authorized coin dealers and purchasers, well ahead of the 320,000 coins sold in Septem... Read More
The Price of Gold Falls Again
Daily Gold & Silver Market Report – 10/20/2017
The dollar regained ground Friday as “the U.S. Senate approved a budget plan for the 2018 fiscal year that will ease passage for Republicans to pursue a tax-cut package without Democratic support,” thus lowering the price of Gold and other Precious Metals, according to Read More
Silver-Gold Price Ratio Price Forecast
Daily Gold & Silver Market Report – 10/19/2017
Although we have seen the price of Gold per ounce rise this year, many analysts believe Silver prices will indeed win for the second year in a row. Myra Saefong with SilverSeek said the gray metal is poised for a “big climb, particularly as the Gold-to-Silver ratio stands well above historical averages.” In fact, Paul Mla... Read More
Copper Price Rally
Daily Gold & Silver Market Report – 10/18/2017
According to metals expert Michael Dudas, despite a recent 30 percent rise thus far in 2017, he does not foresee the Copper rally ending any time soon. In fact, he told CNBC’s “Futures Now” Tuesday, “I think the fundamentals on Copper medium to longer term look very supportive.” Since August 22, when Dudas urged investors to... Read More
Top Performing Precious Metal of 2017: Palladium?
Daily Gold & Silver Market Report – 10/17/2017
As time goes on, the sale and use of gasoline and diesel-burning cars is declining, boosting the demand for Palladium. Quartz Economics and Markets Reporter Eshe Nelson said, “Before electric cars sweep across the world’s roads, [Palladium] is in high demand as car manufacturers look for othe... Read More
Gold Climbs Above $1,300 an Ounce
Daily Gold & Silver Market Report – 10/16/2017
News editor Rachel Koning Beals with MarketWatch says the U.S. dollar's recent softness has made “commodities priced in the currency, including Gold, more appealing to buyers using weaker monetary units.” Gold futures climbed more than 2... Read More
Gold Spot Rises to Highest in 5 Weeks
Daily Gold & Silver Market Report – 10/13/2017
Gold charts are on track for its first weekly gain in over five weeks, with help from U.S. inflation data later in the day that could give clues on the pace of U.S. interest rate rises. "A close above the psychological $1,300 level would be required for the yellow metal to make a push higher," MKS PAMP trader Tim Brown said in a note. Bullion bumped up against strong technical resistance after the dollar and U.S.... Read More
Over $1.8 Million in Gold found in Swiss Sewage
Daily Gold & Silver Market Report – 10/12/2017
According to a new study reported by Bloomberg, nearly $1.8 million worth of Gold has been discovered in the waste system of Switzerland. New York Post Reporter Lauren Tousignant said, “Scientists at the Swiss Federal Institute of Aquatic Science and Techn... Read More
Gold Drops Again
Daily Gold & Silver Market Report – 10/11/2017
Gold price gains were limited, as investors expected, as many await results from the September Federal Open Market Committee meeting, scheduled to be released at 2 p.m. (ET) Wednesday. Mark Decambre with MarketWatch said, “Although a recent parade of [Federal Reserve] speakers will likely... Read More
Gold & Platinum Prices Hit 2-Weeks Highs
Daily Gold & Silver Market Report – 10/10/2017
Supported by a softer U.S. dollar and geopolitical tensions in both Spain and North Korea, Gold and Platinum price charts hit two-week highs. Gains were limited, however, on expectations of a December U.S. rate hike. Reu... Read More
Precious Metal Prices Start Week off Strong
Daily Gold & Silver Market Report – 10/09/2017
Safe-haven assets saw rising prices Monday morning as U.S.-North Korea tensions picked up after Russian state media reported North Korea was preparing to test a long-range missile that could reach the U.S. west coast. Moreover, Gold prices were helped by talk from Federal Reserve officials regarding interest rates. Naeem Aslam, chief market analyst at Thin... Read More
Platinum Chart Drops 0.88 Percent In Q3
Daily Gold & Silver Market Report – 10/06/2017
As the third quarter closed last Friday, the Precious Metals sector posted a 3.68 percent gain for the entire quarter, according to SeekingAlpha Reporter Andrew Hecht. While Gold, Silver, Platinum and Palladium have all recorded gains for the year, Platinum has been the “underdog” with a gain of only 1.08 percent. In fact, anal... Read More
Gold Charts Mark Second-Consecutive Gain
Daily Gold & Silver Market Report – 10/05/2017
As investors eyed data ahead of the key nonfarm-payrolls report scheduled for Friday, the price of Gold marked its second-consecutive gain for the week, shedding light to some recent doubt for the yellow metal. The report is expected to show the affects of Hurricanes Harvey, Irma and Maria on job creation for September. Reporter Mark Decambre said the average estimates of economists polled by Read More
Palladium: This Year's Top-Performing Precious Metal
Daily Gold & Silver Market Report – 10/04/2017
Analysts say Palladium is the top-performing Precious Metal thus far for 2017. In fact, the multi-purpose metal has been on a steady increase since 2016 and saw 16-year highs in June. According to UBS Analyst Joni Teves, “Perhaps there isn’t one big explanation or a specific catalyst th... Read More
Silver Spot Prices in Choppy Waters
Daily Gold & Silver Market Report – 10/03/2017
As seen in recent days, Silver prices seem to have support around the $16.50 per ounce level. Although very volatile, many analysts say long-term Silver charts look promising. Currently, however, FX Empire Reporter Christopher Lewis feels “The markets cannot decide where to go, and quite f... Read More
Gold Spot Prices Hit 7-Week Lows
Daily Gold & Silver Market Report – 10/02/2017
As rising U.S. Treasury yields pushed the dollar higher, the price of Gold continued to drop to its lowest since mid-August early Monday. Treasury yields lifted on expectations of the Federal Reserve raising interest rates once more this year, according to Read More
Gold, Palladium Price Charts Finally Show Positive Numbers
Daily Gold & Silver Market Report – 09/29/2017
Gold spot prices are on track to record a 2.5 percent decline for September, which would mark their largest monthly fall in 2017, according to Reuters Reporter Eric Onstad. Jens Pedersen, senior analyst at Danske Bank in Copenhagen, discussed the August personal consumpt... Read More
Spot Gold Hits 6-Week Lows
Daily Gold & Silver Market Report – 09/28/2017
As the U.S. dollar continued to gain strength on increased expectations of the Federal Reserve raising interest rates one last time this year and President Donald Trump’s new tax cuts, Gold prices along with other Precious Metals continued to drop further, Read More
Price of Gold Continues to Drop
Daily Gold & Silver Market Report – 09/27/2017
Adding to Tuesday's losses, Gold prices continue to drop on rising expectations for the U.S. Federal Reserve to raise interest rates once more this year. Reuters Reporter Maytaal Angel said, “Markets are pricing in a 76 percent chance the Fed will raise borrow... Read More
Price of Silver Unaffected by Political Concerns
Daily Gold & Silver Market Report – 09/26/2017
After comments by the North Korean Foreign Minister regarding the country's right to shoot down U.S. bombers regardless of if they are in North Korean airspace, the price of Silver quickly started increasing. Unfortunately that did not last long, as Precious Metal spot prices quickly fizzled and returned to lowering numbers. Read More
Gold Prices To Reach $1,400 an Ounce
Daily Gold & Silver Market Report – 09/25/2017
Dennis Gartman, also known as the commodities king, says Gold prices have the potential to surge around the $1,400 per ounce range. In a recent “Futures Now” interview, The Gartman Letter's founder said, “I would certainly th... Read More
North Korea Threatens Nuclear Bomb
Daily Gold & Silver Market Report – 09/22/2017
The U.S and North Korea have gone back-and-forth for a few months now, which has raised concerns within the commodities market. Recently, North Korea threatened yet another nuclear test, involving a hydrogen bomb, aimed toward the Pacific Ocean. However, commodities including the Precious Metals market did not react quite how analyst would think, with only a slight increase in price charts. According to Read More
Silver Spot Could Surge 27%
Daily Gold & Silver Market Report – 09/21/2017
Since hitting highs above $18 per ounce September 12, Silver prices have fallen 5.3 percent, according to Money Morning Resource Specialist Peter Krauth. He feels this “pullback” is only tempora... Read More
Gold Spot Price Forecast
Daily Gold & Silver Market Report – 09/20/2017
The price of Gold finally rebounded from a two-week low Wednesday in reaction to a weaker dollar, yet many investors are concerned this rebound wont last. James Hyerczyk with NASDAQ said, “Treasury yields are likely to rise if the [Federal Reserve] is hawk... Read More
2017 Palladium Eagle Release Date
Daily Gold & Silver Market Report – 09/19/2017
Numismatic News reports the U.S. Mint will officially release the Palladium American Eagle bullion coins to Authorized Purchasers September 25. And while no mintage for this coin has been released, the mint insists once it’s gone, it’s gone, implying the 2017 Palladium Eagles will be scarce. Reporter Dave Harper says, “If ... Read More
Stock Market Kicks Off Week with Record Highs
Daily Gold & Silver Market Report – 09/18/2017
As investors bought financials, telecommunications and materials shares, MarketWatch Reporters Barbara Kollmeyer and Mark Decambre said, “U.S. stocks carved out fresh all-time highs”... Read More
Gold Price Charts Not Affected By North Korean Missile Launch
Daily Gold & Silver Market Report – 09/15/2017
After North Korea launched a second missile test that landed in the Pacific Ocean late Thursday, Gold spot prices saw a slight increase but soon lost momentum. Conversely, NewsLine.com says investors were more concerned with inflation data, which could d... Read More
The Price of Silver Continues to Drop
Daily Gold & Silver Market Report – 09/14/2017
According to Economic Calendar Financial Market Analyst Sam Bourgi, Silver price charts are on track for their fourth-consecutive drop as all Precious Metals saw declines Thursday. Analysts report since Silvers five-month highs last week... Read More
Small Movement for the Price of Gold
Daily Gold & Silver Market Report – 09/13/2017
It seems lately the U.S. dollar is more volatile than the Precious Metals market. Apeksha Nair with Reuters reported that equities firmed as the dollar weakened, causing small changes within the price of Gold and... Read More
Gold Spot Prices Drop
Daily Gold & Silver Market Report – 09/12/2017
The price of Gold fell to its lowest in more than a week Tuesday as easing concerns over North Korea's nuclear ambitions and the impact of Hurricane Irma lowered the safe-haven demand for all Precious Metals while the U.S. dollar strengthened. Reporter Jan Harvey with Reuters said, &ldqu... Read More
Dollar Recovery Pushes Gold Prices Lower
Daily Gold & Silver Market Report – 09/11/2017
Global stocks, bond yields and the U.S. dollar lifted Monday as tensions lowered following a weekend with little volatility, causing Gold prices to drop from 13-month highs. Moreover, Reuters Reporter Peter Hobson s... Read More
Markets Brace for Hurricane Irma
Daily Gold & Silver Market Report – 09/08/2017
Concerns over the potential impact of Hurricane Irma on the Florida coast and continuing tensions with North Korea forced the U.S. dollar to remain at 32-month lows. Market participants seemed to care less about comments from the Federal Reserve regarding further interest rate hikes and were more concerned with Irma following the extensive damage already done in south Texas. Nonetheless, Saturday could be a... Read More
Could The Price of Gold Hit $1,400?
Daily Gold & Silver Market Report – 09/07/2017
Many analysts and investors have kept a close eye on the yellow metal, especially since it passed the $1,300 per ounce hurdle. Some market experts, according to CNBC, say Gold prices could strength even further to reach the $1,400 per ounce mark. According to Nizam Hamid, ETF strategist at WisdomTree, &ld... Read More
Gold Prices Near 1-Year High
Daily Gold & Silver Market Report – 09/06/2017
Tension surrounding the Korean peninsula paired with a lower U.S. dollar helped the price of Gold gain some ground Wednesday, just reaching one-year highs. Danske Bank Analyst Jens Pederson said, “These extraordinary factors are also weakening the dollar from the point of view that the [Federal Reserve] may further postpone normalization of mone... Read More
Gold Values Continue to Rise
Daily Gold & Silver Market Report – 09/05/2017
The price of Gold continued to rise Tuesday on tensions surrounding North Korea. News Editor Rachel Koning Beals with MarketWatch said this was in response to North Korea’s nuclear test Sunday followed by a pledge for more tests. Although Go... Read More
A Surge in Silver Eagle Demand
Daily Gold & Silver Market Report – 09/01/2017
Although sales have been much weaker in recent months, SilverSeek's Steve St. Angelo says that most investors still believe in obtaining Silver in times of uncertainty surrounding all markets. St. Angelo says that “Silver Eagle sales for Jan-Aug 2017 are nearly 50 percent lower than they... Read More
The Price of Gold, Silver Starts to Ease
Daily Gold & Silver Market Report – 08/31/2017
Precious Metal prices failed to hold their rally early Thursday morning as the dollar gained following positive data from China and the U.S., though Gold managed to hold above $1,300 an ounce with the help from ongoing tension surrounding North Korea. Senior market analyst at OANDA Jeffrey Halley said, “Gold will be somewhat at the mercy of random month-end U.S. dollar flows today, with the technical ... Read More
Safe-Haven Assets Begin to Fade
Daily Gold & Silver Market Report – 08/30/2017
Where to start? Not only did the U.S. dollar rise early Wednesday, gasoline prices also rose to their highest in two years as Hurricane Harvey hit the Texas Gulf Coast once again. Moreover, Bloomberg Markets Reporter Dave Liedtka noted, “The S&P 500 Index pushed above its aver... Read More
Precious Metals Are Moving!
Daily Gold & Silver Market Report – 08/29/2017
Tensions are on the rise as a North Korean missile traveled over the Japanese island of Hokkaido early Tuesday and landed in the Pacific Ocean, Reuters Reporter Apeksha Nair said. This extended wins for Precious Metals seen Monday, when Gold values experienced their biggest one-day rise since mid-May, gaining 1.4 ... 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.
