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Silver Market Updates

Silver Market Morning

New York closed at $1,208.50 down $14.00. In Asia the gold price was lifted to $1,210.45. London Fixed the gold price at $1,206.50 down $15.25 and in the euro, at €1,059.356 down €13.201, while the euro was almost unchanged at $1.1389. Ahead of New York’s opening gold was trading in London at $1,206.10 and in the euro at €1,059.56.

Silver Market Morning

New York closed at $1,222.50 down $6.00. In Asia the gold price was lifted to $1,224.00. London Fixed the gold price at $1,221.75 down $11.75 and in the euro, at €1,072.557 down €8.56, while the euro was slightly weaker at $1.1391. Ahead of New York’s opening gold was trading in London at $1,220.10 and in the euro at €1,068.06.

Silver and Gold: Why Now?

My very simple perspective is this: In round numbers the US government debt increased by about $1,000,000,000,000 ($1 Trillion) in the single year between October 1, 2013 and October 1, 2014. Government revenue plus borrowed money were spent on the military, social security, Medicare and so much more. But that money is gone and producing NO future revenue, unlike debt that purchases a business which generates income to service the debt.

Silver Market Morning

New York closed at $1,228.50 up $6.50. In Asia the gold price was lifted to $1,237.00. London took it down slightly after which it was Fixed at $1,233.50 up $7.75 and in the euro, at €1,081.117 up €8.016, while the euro was slightly weaker at $1.1409. Ahead of New York’s opening gold was trading in London at $1,234.10 and in the euro at €1,080.65.

Market Report: Strong US dollar sets market tone

This week the US dollar moved strongly upwards against the other major currencies, at the same time weakening gold and silver along with most industrial commodities, before some profit-taking set in yesterday.

Silver Market Morning

New York closed at $1,222.00 up $2.30. In Asia the gold price lifted to $1,230.00. London took it up and it was Fixed at $1,225.75 up $0.75 and in the euro, at €1,073.101 down €7.652, while the euro was nearly a cent stronger at $1.1423. Ahead of New York’s opening gold was trading in London at $1,224.30 and in the euro at €1,072.91.

Silver Market Morning

New York closed at $1,219.70 down $14.30. In Asia the gold price lifted to $1,222.40. London took it up and it was Fixed at $1,225.25 down $10.25 and in the euro, at €1,080.753 down €11.643, while the euro slightly stronger at $1.1337. Ahead of New York’s opening gold was trading in London at $1,224.60 and in the euro at €1,080.47.

Avoid Dodos and Find Gold and Silver Miners that Can Soar, Says Raymond James' Chris Thompson

Chris Thompson, mining analyst with Raymond James, is looking for companies that can continue to deliver real growth and shareholder upside—companies that can "fly"—regardless of metal prices. The high-flyers with upside, Thompson says, have good management, strong cash flow at current metal prices, organic growth potential and are undervalued relative to their peers offering those same attributes. In this interview with The Gold Report, Thompson tells us why precious metals could soar this…

Silver Market Morning

New York closed at $1,234.00 down $6.70. In Asia the gold price lifted to $1,238. London took it down and it was Fixed at $1,235.50 down $2.00 and in the euro, at €1,092.396 down €4.387, while the euro slightly stronger at $1.1310. Ahead of New York’s opening gold was trading in London at $1,234.00 and in the euro at €1,091.41.

February 10: Gold and Silver Fall Slightly

Gold edged up to $1245.43 in Asia before it chopped back lower for most of the rest of trade, but it ended with a loss of just 0.54%. Silver slipped to as low as $16.738 and ended with a loss of 0.71%

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