• Gold: 1,266.80 10.82
  • Silver: 17.29 0.14
  • Euro: 1.122 0.001
  • USDX: 97.1 -0.148
  • Oil: 48.99 0.23

May 25: Gold and Silver End Slightly Lower

12 hours 49 min ago

Gold edged up to $1259.70 in Asia before it drifted back to $1253.90 in late morning New York trade, but it then bounced back higher into the close and ended with a loss of just 0.09%. Silver slipped to as low as $17.132 and ended with a loss of 0.17%.

NEW! Live 3-Day Silver Price Chart

Introducing our new live silver price chart: Last 3-Days Silver Price.

February 9: Gold and Silver Fall Almost 1% While Stocks Rise on Trump Talk

Gold waffled between $1243.70 and $1236.80 in London before it edged up to $1244.20 by a little before 10AM EST, but it then dropped to as low as $1230.40 in afternoon trade and ended with a loss of 0.73%. Silver slipped to as low as $17.619 and ended with a loss of 0.56%.

February 8: Gold and Silver Swing Back to Gains

Gold gained $11.80 to $1244.80 in midmorning New York trade before it drifted back lower in the next few hours, but it still ended with a gain of 0.61%. Silver rose to as high as $17.866 and ended with a gain of 0.34%.

Silver Market Morning: Feb 8 2017 - SPDR investors now include large hedge funds!

While U.S. based gold investors have returned to the gold market via the SPDR [GLD] gold ETF, we had not heard of any large gold investors returning until now. Today we have received reports that Drukenmiller, having exited the gold market in December, has returned to it.

February 7: Gold and Silver End Slightly Lower After Dollar Pop

Gold dropped $6.80 to $1227.90 by a little after 8AM EST before it bounced back to $1235.70 in early afternoon trade, but it then drifted back lower into the close and ended with a loss of 0.14%. Silver slipped to $17.559 before it rallied back to $17.788 and then also fell back off, but it ended with a loss of just 0.11%.

Silver Market Morning: Feb 7 2017 - Gold steady at higher levels with SPDR investors still buying!

What is now very clear is that if Marie le Pen and her party are elected, France will likely leave the E.U. Yesterday saw a plan to leave the E.U. produced by her party. It could involve a dual currency. Some have said that a dual currency never works. On the contrary dual currencies have pulled several nations out of a hole, including the U.K. in the early seventies. One currency for commercial transactions and another for capital.

February 6: Gold and Silver Gain Over 1% While Stocks and Oil Drop – Miners Shine

Gold gained $5.98 to $1224.98 in early Asian trade and rose to as high as $1230.08 in London before it pared back in midmorning New York trade, but it then rallied back higher again into the close and ended near its late session high of $1235.52 with a gain of 1.29%. Silver rose to as high as $17.748 and ended with a gain of 1.55%.

Silver Market Morning: Feb 6 2017 - Gold firm in ALL currencies rising from support!

Shanghai was trading in gold at 269.85 during today’s session before London opened. This equates to $1,223.06. For the first time in the last month all global gold markets appear in line. The reality is that Shanghai is lower due to the higher quality of gold it prices at $1,218.06. Therefore New York and London are higher than Shanghai. It’s the first time we have seen this, this year.

February 3: Gold and Silver Gain Roughly 2% on the Week

Gold fell $4.76 to $1210.54 at about 8AM EST before it shot to as high as $1221.29 by midmorning in New York and then fell back off at times, but it still ended with a gain of 0.3%. Silver rose to as high as $17.538 and ended with a loss of 0.06%.

Silver Market Morning: Feb 3 2017 - U.S. gold ETF buyers are back in force!

With Shanghai open today for the first time since last Thursday, we won’t have the two daily Fixes for today until tomorrow. Meanwhile, Shanghai was trading today at 269.80 towards the close today after their return from the big annual holiday. This equates to $1,222.71. This leaves it just $2 higher than the close in New York.

February 2: Gold Gains While Silver Slips Before Jobs Day

Gold gained $16.24 to $1225.34 by a little before 9AM EST before it drifted back lower for most of the rest of trade, but it still ended with a gain of 0.51%. Silver climbed up to $17.727 before it fell all of the way back to $17.411 and then bounced back higher in late trade, but it still ended with a loss of 0.34%.

February 1: Gold and Silver End Slightly Lower

Gold fell $13.90 to $1198.20 in midmorning New York trade before it bounced back higher into the close, but it still ended with a loss of 0.25%. Silver slipped to as low as $17.361 and ended with a loss of 0.11%.

January 31: Gold and Silver Gain Over 1% and 2%

Gold gained $7.18 to $1202.98 in early Asian trade before it dropped back to $1196.33 at about 4AM EST, but it then rose to as high as $1215.31 by midmorning in New York and ended with a gain of 1.36%. Silver surged to as high as $17.609 and ended with a gain of 2.45%.

Silver Market Morning: Jan 31 2017 - Gold and Silver move over $1,200 without Shanghai!

On Monday in New York, there were purchases of gold into the Gold Trust of 0.60 of a tonne, still not enough to affect the gold price, which continued to rise after President Trump announced his Executive Order on Immigrants. There was no change in the holdings of the SPDR gold ETF, so we see the rise in the gold price over $1,200 as a rise that could easily be turned back. But there are only two more days to do that as Chinese demand returns on Friday. China continues to enjoy its Lunar New Year. We expect gold’s price action to be subdued until they return.

January 30: Gold and Silver Gain While Stocks and Dollar Drop

Gold gained $4.74 to $1195.64 in Asia before it fell back to $1188.25 in London, but it then rose to a new session high of $1199.29 in New York and ended with a gain of 0.41%. Silver rose to as high as $17.27 and ended with a gain of 0.06%.

Silver Market Morning: Jan 30 2017 - Gold and Silver holding up well while Shanghai closed!

On Friday in New York, there were sales of gold from the Gold Trust of 0.45 of a tonne, not enough to affect the gold price, which rose on the first day of the Lunar New Year, much to our surprise, as we saw the day as opportune for the bears to strike. Instead, bullish positions on COMEX rose as did the price of gold.

January 27: Gold and Silver End Mixed on the Week

Gold fell $8.48 to $1180.62 at about 8:45AM EST, but it then chopped back higher for most of the rest of trade and ended near its last minute high of $1191.60 with a gain of 0.15%. Silver surged to as high as $17.228 and ended with a gain of 1.9%.

Market Report: Consolidating the rise so far

The timing of the slight pull back is, surprise, surprise, just before futures option expiration, when the takers who have sold options doubtless wish to see calls with strikers at $1200 and less expire worthless. They have their wish, and on the week gold this morning in early European trade stood at $1182.50, down $28, and silver at $16.70, down 38 cents.

Silver Market Morning: Jan 27 2017 - Gold and Silver weaker after options and Shanghai closed!

Shanghai was closed today until next Friday for the Lunar New Year celebrations. Yesterday it traded between 268 and 266.80 but the Fixes have not been released today. This equates to $1,212.38 and dropping to $1,206.95 Which was in line with London then, before New York took it down further as Options were closed.

January 26: Gold and Silver Fall Again

Gold fell $15.54 to $1184.56 in midmorning New York trade before it bounced back higher into the close, but it still ended with a loss of 0.92%. Silver slipped to as low as $16.683 and ended with a loss of 1.12%.

Silver Market Morning: Jan 26 2017 - Gold and Silver weakening on options and Shanghai closing!

Shanghai was trading today around 266.80 Yuan or in dollars, at today’s exchange rate, $1,206.95. The dollar was weaker across the board, but only slightly against the Yuan. We correct ourselves and inform you that today is the last trading day before the ‘Year of the Rooster’ celebrations, which begin tomorrow and end next Thursday. Business will continue next Friday, there.

January 25: Gold Falls Back Towards $1200 While Dow Tops 20,000

Gold fell $16.55 to $1193.35 in midmorning New York trade before it bounced back higher into the close, but it still ended with a loss of 0.81%. Silver slipped to as low as $16.775 and ended with a loss of 0.7%.

Silver Market Morning: Jan 25 2017 - Gold and Silver consolidating!

Shanghai was trading today around 268.75 Yuan or in dollars, at today’s exchange rate, $1,215.58. The dollar was stronger across the board, as well as against the Yuan. With only two more trading days before the celebration of the ‘Year of the Rooster’ begins we may well see last minute buying or a tapering off of demand. It is impossible to forecast which.

January 24: Gold and Silver Fall Slightly While Stocks Climb To New Highs

Gold saw slight gains in Asia before it fell back to $1211.64 in London and then jumped up to $1217.62 in midmorning New York trade, but it then fell back off into the close and ended near its late session low of $1206.68 with a loss of 0.44%. Silver slipped to as low as $17.038 and ended with a loss of 0.41%.

Silver Market Morning: Jan 24 2017 - Gold and Silver consolidating!

Shanghai was trading today just above 270 Yuan or in dollars, at today’s exchange rate, $1,226,15 having touched nearly 272 during the day. The dollar is only slightly weaker across the board, as well as against the Yuan. New York, Monday, closed in line with gold prices in Shanghai earlier in the day, before New York opened. This is a first, as New York climbed up to Shanghai’s levels despite an over 2 tonne sell-off from the SPDR gold ETF.

10-10-10 Special: Silver Price + $0.10/oz on 1-ounce SilverSeek Rounds!

Silver Spot + $0.10! 10-10-10 SPECIAL on 1-ounce SilverSeek Rounds

U.S. Mint to use new silver benchmark for coin sales, purchases

The U.S. Mint said on Wednesday it will adopt the new electronic silver benchmark to be unveiled this week for its coin sales, silver purchases and price management programs following the end of the original 'silver fixing' mechanism.

August 13: Gold and Silver End Mixed Yet Again

Gold dropped $4.76 to $1304.94 by a little after 8AM EST before it jumped up to $1314.94 in the next few hours of trade and then chopped back lower at times, but it still ended with a gain of 0.15%. Silver slipped to as low as $19.714 and ended with a loss of 0.6%.

August 21: Gold and Silver Fall With the Dollar

Gold dropped $17.85 to $1273.25 by early afternoon in New York before it bounced back higher in the last few hours of trade, but it still ended with a loss of 1.07%. Silver slipped to as low as $19.32 in late Asian trade, but it then rallied back higher into the close and ended with a loss of just 0.15%.

Fortuna Silver Reports Updated Mineral Resource Estimate for San Jose Mine in Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 27, 2014) - Fortuna Silver Mines Inc. (FSM)(FVI.TO)(FVI)(F4S.F) is pleased to announce an updated Mineral Resource estimate as of June 30, 2014 for the San Jose Mine located in Oaxaca, Mexico. Included in the San Jose mineral resources is an updated estimate of the Mineral Resource for the Trinidad North discovery based on the completion of forty-one additional step-out and twelve infill drill holes in the Trinidad North area.

Santacruz Silver Reports Second Quarter 2014 Financial Results

"During the second quarter we have been successful in reducing our operating costs significantly while keeping on-track with our 2014 mine plan, in particular we have reduced our all-in sustaining cost per silver equivalent ounce sold by more than 28% from the first quarter of 2014,"

September 5: Gold and Silver Fall 1.44% on the Week

Gold jumped up to $1270.35 after the release of this morning’s jobs report before it drifted back lower in late morning trade, but it still ended with a gain of 0.47%. Silver spiked up to $19.163 before it dropped back to $19.04, but it then bounced back higher in afternoon trade and ended with a gain of 0.63%.

September 10: Gold and Silver End Slightly Lower

Gold fell $12.62 to as low as $1243.88 by early afternoon in New York before it bounced back higher into the close, but it still ended with a loss of 0.52%. Silver slipped to as low as $18.893 and ended with a loss of 0.58%.

September 12: Gold and Silver Fall About 3% on the Week

Gold waffled between $1232.25 and $1239.92 in Asia before it fell to as low as $1227.69 by early afternoon in New York, but it then bounced back higher in afternoon trade and ended with a loss of just 0.92%. Silver slipped to as low as $18.468 and ended with a loss of 0.32%.

September 22: Gold and Silver End Slightly Lower

Gold dropped $7.77 to $1209.83 in early Asian trade before it bounced back to $1217.10 in London and then fell back to $1212.34 by a little after 11AM EST, but it then jumped to a new session high of $1219.42 by early afternoon in New York and ended with a loss of just 0.19%. Silver slipped to $17.354 in early Asian trade before it climbed back to $17.863 in New York, but it still ended with a loss of 0.5%.

$0 Silver: The Price Point of Liberty

A few years ago when silver was approaching the magical $50 resistance point, I wrote an article claiming $50 silver as the Price Point of Liberty. Today I realize their are two price points of Liberty, $50 and somewhere before the price of silver reaches $0. Range limited, managed silver prices have been kept below $50 since 1980, regardless of inflation or the asymptotic decline in silver production and the drastic decline in production grams-per-ton and the exorbitant increase in national debt.

Fortuna Reports Production of 1.8 Million Ounces of Silver and 9,751 Ounces of Gold for Third Quarter 2014

Fortuna Silver Mines Inc. (FSM) (FVI.TO) (FVI) (F4S.F) today announces production figures from its two underground mines in Latin America, the San Jose mine in Mexico and the Caylloma mine in Peru. In the third quarter of 2014, the company delivered 1.8 million ounces of silver, 9,751 ounces of gold plus base metal by-products. Year to date, the company has delivered 5 million ounces of silver and 26,420 ounces of gold. With current production results, silver and gold productions should exceed annual guidance by 9 percent and 8 percent respectively.

Excellon Reports Third Quarter 2014 Production

Excellon Resources Inc. (TSX:EXN; OTC:EXLLF) ("Excellon" or the "Company"), Mexico's highest grade silver producer, reports its third quarter 2014 production results and an exploration update from the La Platosa Mine in Durango, Mexico.

Silver price-fixing lawsuits consolidated in Manhattan federal court

Lawsuits filed by investors since July over the alleged price-fixing were consolidated on Tuesday in the U.S. District Court for the Southern District of New York, following an order issued last Thursday by the U.S. Judicial Panel on Multidistrict Litigation, a special body of federal judges that decides when and where to consolidate related lawsuits.

SilverCrest Announces Record Q3 Production 385,251 Ounces Silver and 7,085 Ounces Gold

SilverCrest Mines Inc. (SVL.TO)(NYSE MKT:SVLC) (the "Company") is pleased to announce silver and gold production results for the third quarter ("Q3") of 2014 from its 100% owned Santa Elena Mine located in Sonora, Mexico. The Santa Elena Mine is in the process of finalizing the transition from an open pit heap leach to underground mining and milling operations.

October 16: Gold and Silver End Mixed As Stocks Stabilize

Gold saw slight gains in Asia and London before it dropped down to $1235.18 at about 9:15AM EST, but it then climbed back to $1244.35 by late morning in New York and ended with a gain of 0.14%. Silver slipped to as low as $17.21 and ended with a loss of 0.29%.

Silver Market Morning

The gold price closed at $1,229 down $2.00 on Monday. Asia and London took it up to $1,230.30. The euro is stronger this morning at $1.2735. The Fix was set $1,229.25 up $0.50 and in the euro at €964.572 down €2.263, while the euro stood stronger at $1.2744. The volumes of gold traded were one seller selling 30,000 ounces and three buyers buying 50,000 ounces before the pro-rata process kicked in. Ahead of New York’s opening, gold was trading at $1,228.80 and in the euro at €965.01.

Silver Market Morning

The gold price closed at $1,198.70 down $12.50 on Thursday. Asia and London took down to $1,174. The euro is weaker this morning at $1.2560 on the day. The Fix was set $1,173.25 down $32.50 and in the euro at €933.447 down €24.638, while the euro stood weaker at $1.2569. The volumes of gold traded were two sellers selling 58,000 ounces and one buyer buying 38,000 ounces before the pro-rata process kicked in. Ahead of New York’s opening, gold was trading at $1,774.1 and in the euro at €933.64.

U.S. Mint temporarily sold out of Silver Eagles amid huge demand

The U.S. Mint said on Wednesday it has temporarily sold out of its American Eagle silver bullion coins following "tremendous" demand in the past several weeks.

November 6: Gold and Silver Gain With Stocks

Gold chopped around between $1142.22 and $1149.44 and ended with a gain of 0.1%. Silver rose to as high as $15.465 and ended with a gain of 1.11%.

SILVER SHORTAGE? What Does It Mean?

Mike Maloney clarifies the situation of US Mint Silver Eagle suspension in this must watch report. Hidden Secrets Of Money is a world-leading educational series that is sponsored by, and also based on the priciples of WealthCycles. It shows the evolution of gold and silver as money, and teaches the historical economic mistakes that all societies repeat.

First Majestic Reports Third Quarter Financial Results

The Company generated revenues of $40.8 million for the third quarter of 2014, a 39% decrease compared to the previous quarter primarily due to a temporary suspension of silver sales of approximately 934,000 silver ounces to maximize profit in response to a 19% decline in the price of silver during the quarter, and a 9% decrease in total production.

November 12: Gold and Silver End Slightly Lower

Gold bounced between $1161.42 and $1169.72 in London before it dropped down to $1157.45 in early afternoon New York trade and then edged back higher in late trade, but it still ended with a loss of 0.49%. Silver slipped to as low as $15.569 and ended with a loss of 0.45%.

Silver Market Morning

The gold price closed up at $1,161.80 up from $1,160.10 in New York on Thursday. London took it down to $1,153 ahead of the Fix. It was Fixed at $1,154 down $7.00 and in the euro at €926.312 down €4.5, while the euro stood stronger at $1.2458. The volumes of net gold traded were two sellers selling 22,000 ounces and two buyers buying 36,000 ounces before the pro-rata process kicked in. Ahead of New York’s opening, gold was trading at $1,153.70 and in the euro at €926.18.

Excellon receives TSX OK for 5.2-million-share buyback

The company filed the NCIB program to allow for market purchases of the company's common shares. Pursuant to the terms of the NCIB program, Excellon shall be permitted to purchase common shares for cancellation through the facilities of the Toronto Stock Exchange at the prevailing market price of the common shares.

Silver gets blown out

iShares Silver Trust

The iShares Silver Trust is not a standard ETF. The Trust is not an investment company registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trust are not subject to the same regulatory requirements as mutual funds. Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus.

South American Silver Files First Quarter 2012 Financial Statements and MD&A and Project Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire -05/14/12)- South American Silver Corp. (SAC.TO)(SOHAF.PK) reports the release of its unaudited condensed interim consolidated financial statements for the three months ended March 31, 2012 and the related management's discussion and analysis of financial position and results of operations ("MD&A"). The Company is also pleased to provide an update on the Malku Khota silver-indium project in Bolivia and the Escalones copper-gold project in Chile. In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated.

Backwardation in Gold And Silver

On Monday, May 14, something happened that hasn’t happened since Dec of 2008. Two successive near-month precious metals futures contracts were in backwardation at the same time. To oversimplify, backwardation is when the price of a futures contract is lower than the price in the spot market.

May 21: Gold and Silver End Mixed

Gold fell $6.40 to $1585.00 at about 9:30AM EST, but it then chopped back higher midday and ended with a gain of 0.16%. Silver slipped to as low as $28.076 before it also bounced back higher, but it still ended with a loss of 0.56%.

Silver Market Morning

New York closed higher at $1,559.50 and in London’s early morning rose to $1,563.55. The euro was slightly stronger in London at €1: $1.2582. It Fixed at $1,560.50 and in the euro at €1,240.658. Ahead of New York’s opening gold stood at $1,560.32 and in the euro, €1,240.26 while the euro was at €1: $1.2582.

Silver Market Morning

Gold closed against the flow of the euro, in New York at $1,564.80 and in London’s early morning fell to $1,560. The euro stood at €1: $1.2397 another 75 cents lower than yesterday. It continued to fall in London. Gold Fixed at $1,567.50 up $19 and in the euro at €1,262.077 up €17. Ahead of New York’s opening gold stood at $1,566 and in the euro, €1,261.89 while the euro was at €1: $1.2410.

Perception and Propaganda

Today, we are experiencing a MAJOR inflection point in TPTB’s attempts to influence PERCEPTION with MONEY PRINTING and PROPAGANDA. This weekend’s impromptu “Spanish Bailout” was botched as badly as Facebook’s IPO, by the supposedly “top financial officials” of Europe. The “bailout” is nothing of the sort – simply €100 billion of PRINTED MONEY LOANS to insolvent Spanish banks, making them even more indebted as the Spanish economy collapses. Better yet, the money is supposed to come from the ESM – or European Stability Mechanism – which hasn’t yet been ratified by Germany!

A Blueprint to Kill JP Morgan’s Alleged Massive Manipulative Position in the Silver Futures Market

Our mission at SmartKnowledgeU, besides helping our clients to protect and grow their wealth in the face of the criminality of the global banking cartel, has always been, since day one, to also be a spark to reinstate a sound, gold-based monetary system. Bankers have released so much propaganda and deceit regarding the inability of our current fraudulent monetary system to return to a gold-based monetary system that I have written two books to be released this month and next that refutes the banker-created drivel and propaganda regarding the inapplicability of a gold-based system.

Silver Market Morning

Gold closed in New York at $1,626.20. The Fixing in London today was set at $1,623.5. In the euro it was set at €1,284.516. The changes since Friday have been slight, meaning the Greek election results have had little impact. Ahead of New York’s opening gold stood at $1,624.12 and in the euro, €1,283.30 while the euro was at €1: $1.2651.

Silver Market Morning

Gold closed in New York at $1,627.40. The Fixing in London today was set at $1,628.50. In the euro it was set at €1,291.743. Ahead of New York’s opening gold stood at $1,631.00 and in the euro, €1,293.73 while the euro was at €1: $1.2607.

Chink in the Armor

Today, the European contagion returned, as “official efforts” to juice markets – and thus, convince investors the Greek elections and FOMC dispatch were “bullish” – have FAILED. European markets imploded and the Dow fell 136 points, while gold, silver, and the HUI rose. This week’s “European summit” CANNOT and WILL NOT produce anything remotely constructive, with several nations – particularly, Spain and Italy – requesting bailouts despite no ratified mechanism – such as the European Stability Mechanism, which Germany has yet to approve. For the fifth time this year, PMs have risen while the Dow materially declined, demonstrating a major “chink in the armor” of TPTB, whom are desperate for investors to believe PMs are not safe havens. Which of course they are, as they have been for five millenia!

COMEX Silver Inventory Update: +599,997.06 ounces

COMEX Silver Inventory Update: +599,997.06 ounces

Silver Market Morning

Gold closed in New York at $1,604.40 down $18.4. A quiet London pulled it back to $1,599.40 ahead of the a.m. Fixing. The morning Fix today was set at $1,591.75 and in the euro at €1,285.535, while the euro stood at €1: $1.2382 down over one cent. The euro stood at €1: $1.2378 after the Fix. Ahead of New York’s opening gold stood at $1,593.00 in the middle and in the euro at €1,286.96.

Silver Market Morning

Gold closed in New York at $1,589.50 yesterday. Asia took it higher to $1,594ahead of London’s opening. London’s morning Fix today was set at $1,595.00 up $11 and in the euro at €1,296.853, while the euro stood at €1: $1.2299 up a cent on the dollar. Ahead of New York’s opening gold stood at $1,594.75 in the middle and in the euro at €1,297.39.

Silver is looking over the edge...

Silver is looking over the edge of what looks like the "Grand Canyon" on the 1 year daily chart, see right hand side below. I have highlighted the past three month price action on the daily chart, see left hand side below. In the near term these trendlines in the recent price action are key reference areas for me.

SilverCrest Announces Q2 Production 139,850 Ounces Silver & 8,584 Ounces Gold

“Operations at the Santa Elena mine enjoyed a robust second quarter with silver and gold production comfortably in line with our 2012 production guidance. This is the third consecutive quarter that we have operated at full, planned production rates. The crusher throughput averaged approximately 3,494 tonnes per day for Q2, 2012, compared to a plan of 2,500 tonnes per day. The open pit tonnes and grades continue to track closely with our geological block models and open pit mine plan. Cash costs for the quarter are anticipated to be consistent with our guidance of $8.20 per silver equivalent ounce. As a result of the strong first half of the year and projected production for the second half, the Company anticipates meeting or exceeding its 2012 production guidance of 435,000 ounces of silver and 33,500 ounces of gold”.

July 23: Gold and Silver End Modestly Lower

Gold fell to as low as $1563.41 by about 8:45AM EST, but it then rallied back higher throughout the rest of the morning in New York and ended near its noontime high of $1580.30 with a loss of just 0.42%. Silver slumped to as low as $26.671 before it also rallied back higher and ended with a loss of just 1.14%.

Silver Market Morning

Gold closed in New York at $1,582.30 yesterday. London opened higher rising to Fix at $1,587.50 $14 higher as the euro recovered back over 1: €$1.21. In the euro it was Fixed at €1,309.386 up €9 on yesterday morning, while the euro stood at €1: $1.2124 up 30 cents. Ahead of New York’s opening gold stood at $1,592.35 in the middle and in the euro at €1,310.63.

COMEX Silver Inventory Update: -66,421.358 ounces

COMEX Silver Inventory Update: -66,421.358 ounces

August 10: Gold and Silver Gain Over 1% on the Week

Gold fell $12 to $1605.70 in Asia, but it then rallied to as high as $1625.87 in New York and ended with a gain of 0.17%. Silver slipped to $27.613 in early New York trade before it surged back to $28.32, but it then drifted back lower in afternoon trade and ended with a loss of 0.4%.

August 24: Gold and Silver Gain Over 3% and 9% on the Week

Gold dropped $5.45 to $1662.55 in Asia, but it then rose to as high as $1673.36 in New York and ended with a gain of 0.05%. Silver climbed to as high as $30.712 and ended with a gain of 0.52%.

August 27: Gold and Silver End Near Unchanged

Gold climbed up to $1676.74 in Asia, but it then fell back off in London and New York and ended with a loss of 0.35%. Silver surged to as high as $31.241 in Asia before it also fell back off, but it still ended with a gain of 0.03%.