• Gold: 1,244.56 0.32
  • Silver: 14.53 0.00
  • Euro: 1.135 -0.000
  • USDX: 97.21 0.696
  • Oil: 50.83 -1.3

Silver Investors See Palladium as the “Canary in the Coal Mine”

2 hours 14 min ago

The precious metals sector has just one standout performer this year, and that is palladium. Lately the market for that metal has gotten more than just hot. Developments there could have implications for the LBMA and the rickety fractional reserve system of inventory underpinning all of the physical precious metals markets.

Silver gets blown out

The Real Hunt Story Part 1 [Video]

Silver Market Update

Market Report: Counter-trend decline

After the previous two-week rally, it was perhaps natural for precious metals to consolidate this week. Gold, which closed on a high note last Friday, lost $23 to $1281 by early European trade this morning (Friday), and silver 34 cents to $17.08. Trade on Comex was subdued, and the reason behind the pause appears to be a continuing rally in the dollar.

October 20: Gold and Silver Fall About 2% on the Week

Gold drifted lower throughout most of world trade and ended near its early afternoon New York low of $1278.00 with a loss of 0.62%. Silver slipped to as low as $16.946 and ended with a loss of 1.16%.

October 23: Gold and Silver Jump Higher in Late Trade

Gold fell $7.50 to $1272.50 by a little after 9AM EST before it jumped up to $1282.50 in early afternoon action and then drifted back lower, but it then popped back higher again into the close and ended near its last-minute high of $1283.30 with a gain of 0.18%. Silver rose to as high as $17.105 and ended with a gain of 0.35%.

October 24: Gold and Silver Drift Lower While Stocks Continue Higher

Gold edged up to $1283.60 in Asia before it fell back to $1273.80 at about 11AM EST, but it then bounced back higher into the close and ended with a loss of just 0.35%. Silver slipped to as low as $16.883 and ended with a loss of 0.7%.

October 25: Gold and Silver End Barely Lower

Gold fell $6.70 to $1271.10 at about 8:45AM EST, but it then chopped up to as high as $1279.80 in early afternoon trade and ended with a loss of just 0.03%. Silver rose to as high as $17.001 and ended with a loss of 0.18%.

October 26: Gold and Silver Fall Almost 1%

Gold gained $5.10 to $1282.50 in Asia and held near unchanged in London, but then fell back off in New York and ended near its last-minute low of $1265.90 with a loss of 0.79%. Silver slipped to as low as $16.744 and ended with a loss of 0.94%.

October 27: Gold and Silver Fall Roughly 1% on the Week

Gold dipped $3.40 to $1263.90 in London, but it then rose to as high as $1273.70 in New York and ended with a gain of 0.46%. Silver climbed to as high as $16.863 and ended with a gain of 0.36%.

October 30: Gold Gains While Stocks Drop

Gold dipped $4.10 to $1269.00 in Asia, but it then jumped up to as high as $1278.80 in early afternoon New York trade and ended with a gain of 0.2%. Silver rose to as high as $16.892 and ended unchanged on the day.

October 31: Gold and Silver Fall While Stocks Bounce Back

Gold fell $7.70 to $1267.90 in midmorning New York trade before it edged back higher into the close, but it still ended with a loss of 0.39%. Silver slipped to as low as $16.643 and ended with a loss of 0.71%.

Gold Seeker Closing Report: Gold Gains and Silver Surges 2.5%

Gold gained $10.30 to $1280.90 in London before it chopped back lower at times, but it still ended with a gain of 0.36%. Silver surged to as high as $17.192 and ended with a gain of 2.51%.

November 2: Gold and Silver End Mixed Amid Tax Talk and Powell Nomination

Gold gained $6.20 to $1281.40 in Asia before it fell back to $1273.40 in London and then jumped up to $1284.00 in midmorning New York trade, but it then fell back off into the close and ended with a gain of just 0.08%. Silver slipped to as low as $17.042 and ended with a loss of 0.12%.

November 3: Gold Ends Barely Lower on the Week

Gold gained $3.50 to $1279.70 just after 8:30AM EST before it fell back to $1265.70 in late morning New York trade and then edged back higher into the close, but it still ended with a loss of 0.48%. Silver slipped to as low as $16.785 and ended with a loss of 1.64%.

November 6: Gold Gains Nearly 1% and Silver Surges Over 2%

Gold fell $3.80 to $1266.30 in Asia, but it then shot to as high as $1282.70 in early afternoon New York trade and ended with a gain of 0.86%. Silver surged to as high as $17.255 and ended with a gain of 2.38%.

November 7: Gold and Silver Fall Back A Bit

Gold edged down to $1275.30 at about 4AM EST before it bounced back to $1280.10 in midmorning New York trade and then dropped to a new session low of $1272.30 by late morning, but it then chopped back higher into the close and ended with a loss of just 0.36%. Silver slipped to $16.987 before it rallied back to $17.183, but it then fell to $16.925 in early afternoon trade and ended with a loss of 1.65%.

November 8: Gold and Silver Gain With Stocks

Gold gained $10.70 to $1287.10 in late morning New York trade before it edged back lower into the close, but it still ended with a gain of 0.35%. Silver rose to as high as $17.242 and ended with a gain of 0.29%.

November 10: Gold and Silver End Slightly Higher on the Week

Gold saw only slight losses in Asia and London, but it then plummeted down to $1273.60 in early afternoon New York trade and ended with a loss of 0.79%. Silver slipped to as low as $16.798 and ended with a loss of 0.71%.

Silver Sign’s Confirmation And More

Summing up, it seems that silver is going to decline significantly in the coming weeks and months, but we should not be surprised by an interim corrective upswing (possibly triggered by a reversal in the USD Index when the latter moves close to the 96 level). The awareness of a specific turning point in the first days of December is something that will become particularly important once we get closer to this date - it will be very useful in connection with the direction in which silver will move in the final part of November.

November 13: Gold and Silver Gain With Stocks

Gold gained $3.50 to $1279.40 in London before it dropped back towards unchanged in early New York trade, but it then climbed to a new session high at $1279.70 by late morning and ended with a gain of 0.13%. Silver rose to as high as $17.068 and ended with a gain of 0.83%.

November 14: Gold Gains While Stocks Fall

Gold dropped $6.80 to $1270.80 in Asia before it rebounded to $1276.30 in London and then fell back towards its earlier low after this morning’s PPI data was released, but it then jumped to as high as $1283.60 in afternoon New York trade and ended with a gain of 0.21%. Silver rose to as high as $17.088 and ended with a loss of 0.06%.

November 15: Gold and Silver Reverse Early Gains To End Slightly Lower

Gold gained $8.80 to $1289.10 just after 8:30AM EST before it dropped back to $1277.00 in midafternoon trade, but then edged back higher in the last hour of the day and ended with a loss of just 0.13%. Silver rose to as high as $17.197 and ended with a loss of 0.24%.

November 16: Gold Holds Near Unchanged While Stocks Gain on Tax Vote

Gold gained $3 to $1281.60 in midmorning New York trade before it chopped back lower into the close, but it ended with a loss of just 0.01%. Silver rose to as high as $17.122 and ended with a gain of 0.59%.

November 17: Gold and Silver Gain Over 1% and 2% on the Week

Gold saw only slight gains in Asia and London, but it then climbed steadily higher throughout most of trade in New York and ended near its early afternoon high of $1296.70 with a gain of 1.21%. Silver rose to as high as $17.371 and ended with a gain of 1.17%.

November 20: Gold and Silver Give Back Friday’s Gains

Gold fell throughout most of the morning in New York and ended near its early afternoon low of $1275.10 with a loss of 1.28%. Silver slipped to as low as $16.847 and ended with a loss of 2.03%.

November 21: Gold and Silver Gain With Stocks

Gold gained $4 to $1281.30 in Asia before it dropped back to $1276.30 in London, but it then jumped up to $1284.70 in New York and ended with a gain of 0.2%. Silver rose to as high as $17.051 and ended with a gain of 0.12%.

November 22: Gold and Silver Gain About 1%

Gold saw only modest gains in Asia and London, but it then climbed steadily higher in New York and ended near its late session high of $1294.50 with a gain of 0.91%. Silver rose to as high as $17.162 and ended with a gain of 1.12%.

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.