• Gold: 1,295.49 2.30
  • Silver: 16.44 -0.01
  • Euro: 1.171 0.000
  • USDX: 93.851 -0.04
  • Oil: 71.64 -0.19

May 23: Gold Gains While Silver Slips

7 hours 7 min ago

Gold dipped $2.70 to $1289.20 in Asia before it bounced back to $1297.80 in London and then fell to a new session low of $1288.30 at about 9AM EST in New York, but it then chopped back higher into the close and ended with a gain of 0.13%. Silver slipped to as low as $16.319 before it also rallied back higher, but it still ended with a loss of 0.54%.

March Silver in Backwardation

December 5: Gold and Silver Fall With Stocks

Gold held near unchanged in Asia and London, but it then fell back off in early New York trade and ended not far from its late morning low of $1261.10 with a loss of 0.74%. Silver slipped to as low as $16.029 and with a loss of 1.35%.

December 6: Gold and Silver Edge Lower As Dollar Gains

Gold gained $2.30 to $1269.10 in Asia before it drifted back to $1262.70 in late morning New York trade, but it then bounced back higher in afternoon trade and ended with a loss of just 0.17%. Silver slipped to as low as $15.916 and ended with a loss of 0.87%.

December 7: Gold and Silver Fall Again But Miners Hold

Gold fell throughout most of world trade and ended near its late session low of $1244.00 with a loss of 1.33%. Silver slipped to as low as $15.64 and with a loss of 1.56%.

December 8: Gold and Silver Fall Almost 3% and 4% on the Week

Gold edged up to $1249.60 in Asia before it dropped back to $1244.20 just after this morning’s jobs data was released, but it quickly popped back up to $1252.30 by midmorning and ended with a gain of 0.01%. Silver rose to as high as $15.894 and ended with a gain of 0.7%.

December 11: Gold and Silver Fall While Stocks Edge Higher

Gold edged up to $1251.50 in London, but it then fell back off for most of trade in New York and ended near its late session low of $1240.90 with a loss of 0.41%. Silver slipped to as low as $15.689 and ended with a loss of 0.76%.

December 12: Gold and Silver Trade Mixed With Stocks

Gold edged up to $1246.20 in Asia before it fell back to $1236.50 in late morning New York trade, but it then bounced back higher in afternoon trade and ended with a gain of 0.13%. Silver rose to as high as $15.815 and ended with a gain of 0.06%.

December 13: Gold and Silver Gain About 1% and 2%

Gold fell $4.20 to $1240.20 in London, but it then jumped to as high as $1256.80 in afternoon New York trade and ended with a gain of 0.87%. Silver surged to as high as $16.146 and ended with a gain of 2.03%.

Exploration Update: Golden Arrow’s Pescado Project

Golden Arrow Resources Corp. (TSX-V: GRG, FSE: GAC, OTCQB: GARWF), has begun an $1-million US exploration program at its 100-percent owned Pescado Gold Project in San Juan province, Argentina. The province of San Juan hosts several world-class mines and deposits, including the Gualcamayo gold mine which is situated approximately 10 kilometres to the north of Pescado. Golden Arrow’s management were involved in the discovery of the Gualcamayo gold deposit. Golden Arrow hopes to repeat past success in a region where they have a continuity of knowledge.

December 14: Gold and Silver End Slightly Lower

Gold gained $3.90 to $1259.10 in early Asian trade before it fell back to $1250.60 by midmorning in New York, but it then chopped back higher into the close and ended with a loss of just 0.18%. Silver slipped to as low as $15.829 and ended with a loss of 0.93%.

December 15: Gold and Silver Gain Roughly 1% on the Week

Gold gained $8.90 to $1261.90 by a little after 8AM EST before it dropped back to $1253.50 by late morning, but it then edged back higher into the close and ended with a gain of 0.22%. Silver rose to as high as $16.08 and ended with a gain of 0.88%.

December 18: Gold and Silver Gain With Stocks

Gold gained $7.90 to $1263.70 in late morning New York trade before it drifted back lower into the close, but it still ended with a gain of 0.44%. Silver rose to as high as $16.166 and ended with a gain of 0.5%.

December 19: Gold and Silver End Slightly Higher While Stocks Dip

Gold gained $3.90 to $1265.20 in London before it chopped back down to $1259.30 in early afternoon New York trade, but it then bounced back higher into the close and ended with a gain of 0.07%. Silver rose to as high as $16.221 and ended with a gain of 0.06%.

December 20: Gold and Silver End Slightly Higher While Stocks Dip Again

Gold gained $4.10 to $1266.30 in London before it fell back to $1262.00 in midmorning New York trade, but it then jumped to a new session high of $1267.80 by early afternoon and ended with a gain of 0.25%. Silver rose to as high as $16.246 and ended with a gain of 0.31%.

December 21: Gold Gains With Stocks

Gold edged up to $1268.30 in Asia before it fell back to $1263.10 in London, but it then climbed to a new session high of $1268.90 in the last minutes of trade in New York and ended with a gain of 0.17%. Silver chopped between $16.09 and $16.24 and ended with a loss of 0.31%.

December 22: Gold and Silver Gain Nearly 2% on the Week

Gold saw slight losses in Asia, but it then jumped up to as high as $1275.90 in New York and ended with a gain of 0.54%. Silver rose to as high as $16.417 and ended with a gain of 1.12%.

SilverCrest Announces Infill Drilling Results for Babicanora Vein

SilverCrest Metals Inc. (TSXV: SIL) (OTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce additional Phase II drill results for the Las Chispas Property (the "Property") located in Sonora, Mexico. Infill drilling of the Babicanora Vein continues to intersect high-grade mineralization. With the latest results, SilverCrest has drill-tested and intersected high-grade mineralization for over 1,000 metres of strike length at the Babicanora Vein (see attached Figures). There are 19 known epithermal veins on the Property, including nine which have been drilled, and consist of the Babicanora, Babicanora Footwall, Las Chispas, Giovanni, La Blanquita, William Tell, Varela, Granaditas and Amethyst veins. SilverCrest has intersected high-grade silver-gold mineralization in each of the nine veins drilled to date.

December 29: Gold and Silver Gain Roughly 2% and 4% on the Week

Gold gained $13 to $1307.50 in early afternoon New York trade before it drifted back lower into the close, but it still ended with a gain of 0.67%. Silver rose to as high as $17.097 and ended with a gain of 0.65%.

January 2: Gold and Silver Jump Over 1% Higher

Gold gained $11.20 to $1314.40 in midmorning New York trade before it pared back heading into midday, but it then rallied to new highs into the close and ended with a gain of 1.15%. Silver rose to as high as $17.195 and ended with a gain of 1.36%.

SilverCrest Appoints Christopher Ritchie as President; Announces Private Placement and Grants Options

SilverCrest Metals Inc. (TSXV: SIL) (OTCQX: SVCMF) ("SilverCrest" or the "Company") is pleased to announce the appointment of Christopher Ritchie as the Company's President, effective January 1, 2018. Mr. Ritchie will report to N. Eric Fier, SilverCrest's founder, CEO and Director. The Company has also entered into a private placement with Mr. Ritchie and granted stock options to him.

January 3: Gold and Silver End Slightly Lower

Gold dropped $6.40 to $1311.80 in Asia before it rallied to $1317.80 in London and then fell back to a new session low of $1307.50 after the release of fed minutes in New York, but it then jumped back higher in late trade and ended with a loss of just 0.25%. Silver slipped to as low as $17.032 and ended with a loss of 0.17%.

January 4: Gold and Silver Gain With Stocks

Gold fell $9 to $1305.90 in Asia, but it then climbed to as high as $1325.80 in New York and ended with a gain of 0.53%. Silver rose to as high as $17.271 and ended with a gain of 0.35%.

January 5: Gold and Silver Gain Over 1% on the Week

Gold fell $5.70 to $1316.20 in London before it jumped up to $1322.80 after the release of this morning’s jobs data and then fell to a new session low of $1313.80 in the next hour of trade, but it then climbed back towards its earlier high by late morning and ended with a loss of just 0.11%. Silver slipped to as low as $17.101 and ended unchanged on the day.

January 8: Gold and Silver End Slightly Lower

Gold fell $5.70 to $1314.80 in Asia before it bounced back to $1321.00 in London and then drifted back lower in morning New York trade, but it then bounced back higher into the close and ended with a loss of just 0.04%. Silver fell to as low as $17.04 and ended with a loss of 0.47%.

January 9: Gold and Silver Fall While Stocks Continue Higher

Gold fell $11 to $1309 in midmorning New York trade before it bounced back higher into the close, but it still ended with a loss of 0.45%. Silver slipped to as low as $16.914 and ended with a loss of 0.70%.

Silvercorp Reports Q3 Results: Net Income of $12.7 Million, $0.08 per Share and Provides Fiscal 2019 Production and Cash Costs Guidance

Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the third quarter ended December 31, 2017. All amounts are expressed in US Dollars.

February 9: Gold and Silver Fall Over 1% on the Week While Stocks Drop Over 5%

Gold gained $3.20 to $1320.40 in Asia before it chopped back to $1311.50 in late morning New York trade and then bounced back higher at times, but it still ended with a loss of 0.18%. Silver slipped to as low as $16.19 and ended with a loss of 0.37%.

February 12: Gold and Silver Gain With Stocks

Gold gained $11.10 to $1325.90 in early Asian trade before it fell back to $1317.50 in London, but it then climbed to a new session high of $1326.10 in New York and ended with a gain of 0.49%. Silver rose to as high as $16.619 and ended with a gain of 1.23%.

February 13: Gold and Silver Gain Again

Gold gained $9.40 to $1330.70 in London before it fell back to $1322.90 in early New York trade, but it then rallied back higher into the close and ended with a gain of 0.61%. Silver rose to as high as $16.683 and ended with a gain of 0.3%.

February 14: Gold and Silver Gain Almost 2%

Gold gained $7.60 to $1336.90 in Asia before it dropped back down to $1318.50 just after this morning’s inflation data was released, but it then soared back higher for most of the rest of trade and ended near its early afternoon high of $1355.50 with a gain of 1.72%. Silver rose to as high as $16.929 and ended with a gain of 1.81%.

It’s time to get serious about silver!

Tonight I would like to step back and take a serious look at silver. I believe the chartology is beginning to speak to us that this is a huge opportunity that is setting up right now for those who can be a little patient. But first let’s take a quick look at todays market.

February 15: Gold and Silver End Higher In Mixed Trade

Gold gained $4.90 to $1357.00 in late Asian trade before it drifted back to $1348.60 in London and then bounced back above unchanged in early New York trade ahead of another dip into midday, but it then rallied back higher into the close and ended with a gain of 0.1%. Silver swayed between $16.976 and $16.648 and ended with a gain of 0.06%.

February 16: Gold and Silver Gain Over 2% on the Week

Gold gained $8.30 to $1361.70 in Asia, but it then fell to as low as $1345.00 in New York and ended with a loss of 0.35%. Silver slipped to as low as $16.618 and ended with a loss of 1.18%.

Gold Leads Silver

It is partially true that silver outperforms gold during precious-metals bull markets. In particular, it’s true that silver tends to achieve a greater percentage gain than gold from bull-market start to bull-market end. It’s also the case that silver tends to do better during the final year of a cyclical bull market and during the late stages of the intermediate-term rallies that happen within cyclical bull markets. However, the early stages of gold-silver bull markets are characterised by relative strength in gold.

Update On the Gold/Silver Ratio

Join Mike Maloney in Acapulco for an update on the gold/silver ratio, which has recently hit extreme levels. How does Mike trade this to his advantage? Watch the video to find out.

Silver's Key Resistance

With the recognized top in the US dollar, it appears clear that renewed bull markets have begun across the commodity sector. Copper, crude oil and even gold are showing rallies and breakouts that promise much higher prices in the months ahead. But what's the matter with silver?

February 20: Gold and Silver Fall Over 1% With Dow

Gold waffled near unchanged in holiday thinned trade yesterday before it fell $13.20 to as low as $1335.50 at about 9AM EST today and then bounced back to $1342.90 by midmorning, but it then dropped to a new session low of $1328.40 by early afternoon and ended with a loss of 1.33%. Silver slipped to as low as $16.426 and ended with a loss of 1.26%.

February 21: Gold Ends Lower While Silver Edges Up

Gold dropped $5.20 to $1325.50 in late Asian trade before it rallied up to $1332.90 in midmorning New York trade and jumped up to a new session high of $1336.10 following the release of today’s fed minutes, but it then fell back off into the close and ended near its late low of $1322.60 with a loss of 0.47%. Silver climbed up to $16.764 before it also fell back off, but it still ended with a gain of 0.06%.

Silver: 2018 and Beyond

Governments and central banks inevitably inflate the supply of currency units (devaluation) more rapidly than the underlying economy grows. They add to the unpayable debt load, pretend $230 trillion in global debt is normal, reduce the value of existing dollars, (euros, yen, pounds) as they create more currency units, and support the narrative that “all is well.”

February 22: Gold and Silver Gain Nearly 1%

Gold fell $3.70 to $1320.80 in Asia, but it then rallied back higher for most of trade in New York and ended near its early afternoon high of $1332.00 with a gain of 0.53%. Silver climbed to as high as $16.679 and ended with a gain of 0.79%.

Market Report: Weaker, but in consolidation pattern

Gold and silver continued their consolidation of the last few weeks, becoming progressively less overbought in the process. Since last Friday’s close, gold was down $18 by early trade in Europe this morning, at $1329. Silver over the same time-frame is down only six cents at $16.60.

February 23: Gold and Silver Fall Roughly 1% on the Week

Gold fell $5.70 to $1325.80 in Asia before it bounced back to $1331.60 in London and then chopped back lower in New York, but it ended with a loss of just 0.17%. Silver slipped to as low as $16.499 and ended with a loss of 0.54%.

AbraPlata Provides Diablillos PEA Status Update and Announces Expiry of Anti-Dilution Right Held by SSR Mining

AbraPlata Resource Corp. ("AbraPlata" or the "Company") (ABRA.V) (ABBRF) (1AH.F) is pleased to announce that the Preliminary Economic Assessment (“PEA”) of the Diablillos Ag-Au project is nearing completion and the Company expects to announce the results by the end of February 2018. The Company is also pleased to report that the contractual anti-dilution right (the "Anti-Dilution Right") held by SSR Mining Inc. (formerly Silver Standard Resources Inc.) ("SSR Mining") under the second amended and restated share purchase agreement dated March 21, 2017 (the "SSR Agreement"), which entitled SSR Mining to maintain a free carried 19.9% equity interest in the Company has now expired.

February 26: Gold and Silver Gain With Stocks

Gold gained $11.50 to $1340.80 in Asia before it fell back to $1330.20 by midday in New York, but it then bounced back higher in afternoon trade and ended with a gain of 0.29%. Silver rose to as high as $16.763 and ended with a gain of 0.67%.

February 27: Gold and Silver Fall Over 1% With Stocks and Oil

Gold edged up to $1334.70 in Asia, but it then fell all of the way back to $1313.50 in early afternoon New York trade and ended with a loss of 1.095%. Silver slipped to as low as $16.331 and ended with a loss of 1.26%.

$10,000 Gold - When Will Silver & Gold Finally Take Off?

In this video, Mike is joined by David Morgan to give their best attempts at predicting when the metals markets might start seeing performance akin to cryptocurrencies of late.

February 28: Gold and Silver Waffle Near Unchanged While Stocks Drop Again

Gold chopped in a relatively tight range of $1322.40 to $1316.00 and ended with a loss of just 0.08%. Silver rose to as high as $16.503 and ended with a loss of 0.18%.

March 1: Gold and Silver Erase Significant Early Losses to End Mixed

Gold fell $14.80 to $1302.80 in midmorning New York trade, but it then shot back higher in afternoon trade and ended with a loss of just 0.17%. Silver slipped to as low as $16.175 before it also rallied back higher and ended near its late session high of $16.548 with a gain of 0.61%.

March 2: Gold and Silver End Slightly Lower on the Week

Gold rose $10 to $1325.30 at about 9AM EST before it nearly erased that advance in the next few hours, but it then bounced back higher in afternoon trade and ended with a gain of 0.5%. Silver rose to as high as $16.573 and ended with a gain of 0.12%.

Silver Looks Way Better Than Gold Right Now

Normally the action in the gold and silver futures markets tends to be pretty similar, since the same general forces affect both precious metals. When inflation or some other source of anxiety is ascendant, both metals rise, and vice versa.