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Silver Market Updates

Silver Market Morning

March 06, 2015
By SilverSeek

New York closed at $1,198.00 down $1.40 in a thin market still dominated by currency issues. Asia took the gold price up slightly to $1,198.90 before London pulled it down to $1,199. London then Fixed the gold price at $1,196.50 down $3.25 and in the euro, at €1,090.602 up €4.561, while the euro was at $1.0971 down nearly three quarters of a cent again. Ahead of New York’s opening, gold was trading in London at $1,196.40 and in the euro at €1,093.25.

Silver Market Morning

March 05, 2015
By SilverSeek

New York closed at $1,199.40 down $3.80 in a market dominated by currency issues. Asia took the gold price up to $1,204 before London pulled it down to $1,199. London then Fixed the gold price at $1,199.75 down $4.50 and in the euro, at €1,086.041, up €3.374, while the euro was at $1.1047 down nearly three quarters of a cent. Ahead of New York’s opening, gold was trading in London at $1,200.00 and in the euro at €1,086.17.

Silver Market Morning

March 04, 2015
By SilverSeek

New York closed at $1,203.20 down $2.30. Asia took the gold price up to $1,207 before London pulled it down to $1,204. London then Fixed the gold price at $1,204.25, down $3.50 and in the euro, at €1,082.667, up €1.147, while the euro was at $1.1123 down nearly half a cent, again. Ahead of New York’s opening, gold was trading in London at $1,204.40 and in the euro at €1,082.17.

Silver Market Morning

March 03, 2015
By SilverSeek

New York closed at $1,205.50 down $5.60. Asia took the gold price up to $1,210 before London pulled it down to $1,208. London then Fixed the gold price at $1,207.75 down $9.00 and in the euro, at €1,081.196 up €3.735, while the euro was almost unchanged at $1.1170 down nearly half a cent. Ahead of New York’s opening, gold was trading in London at $1,208.40 and in the euro at €1,082.07.

Silver Market Morning

March 02, 2015
By SilverSeek

New York closed at $1,211.1 up $2.70. Asia took the gold price up to $1,221 before London pulled it down to $1,214. London then Fixed the gold price at $1,216.75 up $11.75 and in the euro, at €1,084.931 up €11.339, while the euro was almost unchanged at $1.1215. Ahead of New York’s opening, gold was trading in London at $1,213.60 and in the euro at €1,081.01.

Market Report: PMs steady, but watch the euro

February 27, 2015
By Chris Mullen, Chief Content Manager

The US dollar eased this week when Janet Yellen of the Fed gave her semi-annual report on monetary policy to Congress.

Silver Market Morning

February 27, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,208.40 up $3.80. London Fixed the gold price at $1,205.00 down $15.00 and in the euro, at €1,073.592 down €0.68, while the euro was down almost 1.5 cents at $1.1224. Ahead of New York’s opening, gold was trading in London at $1,208.10 and in the euro at €1,076.35.

Silver Market Morning

February 26, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,204.60 up $2.50. London Fixed the gold price at $1,220.00 up $13.50 and in the euro, at €1,073.660 up €11.6, while the euro was almost unchanged at $1.1363. Ahead of New York’s opening, gold was trading in London at $1,217.00 and in the euro at €1,071.87.

The Silver Series: Who Controls The World’s Supply? (Part 2 of 4)

February 25, 2015
By Chris Mullen, Chief Content Manager

Within the Earth’s crust, there is 1 gram of silver for every 12.5 tonnes of earth (27,600 lbs). This makes silver very difficult to find. To understand silver supply, we must first discover how economic silver deposits form. Silver is typically mined as a byproduct in polymetallic deposits with a variety of metals. Other key metals found in these ores include lead, zinc, gold, and copper.

Silver Market Morning

February 25, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,202.10 up $1.10. London Fixed the gold price at $1,206.50 up $13.00 and in the euro, at €1,062.060 up €6.892, while the euro was nearly half a cent stronger at $1.1360. Ahead of New York’s opening, gold was trading in London at $1,207.30 and in the euro at €1,063.93.

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