loading
loading

Silver Market Updates

Silver Market Morning

January 15, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,228.00 down$2.40 as the euro continued slipping. In Asia the gold price slipped to $1,226.60 down $1.10 with the euro at $1.1765 ahead of London’s opening. The Fix saw the gold price set at $1,235.25 up $6.50 and in the euro, at €1,055.408 up €10.419 while the euro was half a cent weaker at $1.1704. Ahead of New York’s opening gold took off and was trading in London at $1,257.00 and in the euro at €1,074.86.

Silver Market Morning

January 14, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,230.40 down $3.40 as the euro continued slipping. In Asia the gold price slipped to $1,227.30 down $11.10 with the euro at $1.1790 ahead of London’s opening. The Fix saw the gold price set at $1,228.75 down $10.25 and in the euro, at €1,044.989 down €4.922 while the euro was half a cent weaker at $1.1758. Ahead of New York’s opening gold was trading in London at $1,229.20 and in the euro at €1,045.77.

Deflation and Central Bank Delusions

January 13, 2015
By Chris Mullen, Chief Content Manager

Watch Japan for further indications of a bond and currency implosion resulting from Abenomics and Keynesian money printing nonsense. The good times are over. A major crash or collapse could occur at any time, this year or even as late as the end of 2016. Deflation in many sectors has arrived. Excessive global debt can no longer be serviced, employment is weak, far too much collateral is impaired, commodity prices are declining, and too much wealth is being sucked out of our economies by the…

Silver Market Morning

January 13, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,233.80 up $13.30 as the euro was relatively unchanged. In Asia the gold price rose to $1,238.40 with the euro at $1.1842 ahead of London’s opening. The Fix saw the gold price set at $1,239.00 up $17.00 and in the euro, at €1,049.911 up €14.14 while the euro slightly stronger at $1.1801. Ahead of New York’s opening gold was trading in London at $1,239.30 and in the euro at €1,050.17.

Silver Market Morning

January 12, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,220.50 up $13.2 as the euro strengthened slightly. In Asia the gold price rose to $1,226.40 with the euro at $1.1851 ahead of London’s opening at which the gold price tackled $1,230, the next overhead resistance, before retreating to $1,222 just before the Fix. The Fix saw the gold price set at $1,222.00 up $11.75 and in the euro, at €1,035.77 up €10.677 while the euro slightly weaker at $1.1798. Ahead of New York’s opening gold was trading in London at $1,222.30 and in…

Market Report: A steady start for 2015

January 09, 2015
By Chris Mullen, Chief Content Manager

Gold and silver started the year at a muted point, with gold at $1168 and silver at $15.50, from which modest rallies have developed, with gold up 4% and silver 6%. These rises were against a background of high volatility in equity markets, a strong US dollar and very weak oil prices.

Silver Market Morning

January 09, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,207.30 down $5.00 as the euro stabilized. In Asia the gold price rose to $1,212 with the euro at $1.1814 ahead of London’s opening. The Fix saw the gold price set at $1,211.25 up $4.75 and in the euro, at €1,025.093 64 up €0.029 while the euro was stronger by 0.46 of a cent than yesterday at $1.1816. Ahead of New York’s opening gold was trading in London at $1,211.50 and in the euro at €1,025.35.

Silver Market Morning

January 08, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,212.30 down $6.60 as the euro continued to fall. In Asia the gold price slipped to $1,207.90 with the euro at $1.1807 ahead of London’s opening. The Fix saw the gold price set at $1,206.50 down $7.25 and in the euro, at €1,025.064 up €1.234 while the euro was another 0.85 of a cent weaker than yesterday at $1.1770. Ahead of New York’s opening gold was trading in London at $1,206.60 and in the euro at €1,024.80.

Silver Market Morning

January 07, 2015
By Chris Mullen, Chief Content Manager

New York closed at $1,218.90 up $13.40 as the euro continued to fall. Gold retreated to $1,214.10 with the euro at $1.1866 ahead of London’s opening. The Fix saw the gold price set at $1,213.75 up $2.75 and in the euro, at €1,023.83 up €6.525 while the euro was another half of a cent weaker than yesterday at $1.1855. Ahead of New York’s opening gold was trading in London at $1,213.40 and in the euro at €1,024.61.

Basic Truth and Consequences

January 06, 2015
By Chris Mullen, Chief Content Manager

Silver has languished since April 2011 – nearly four years, thanks to heroic efforts to manage prices downward, and the correction of silver’s 2.5 year run up from under $9 to over $48. Will the last bull turn out the lights when you leave the building? The insanity of debt, derivatives, and outright bond monetization in the US, Europe and Japan could cause us to question basic truths and the consequences of ignoring reality.

Subscribe to Silver Market Updates

Newsletter Signup

Join the Free Weekly Silver Review!
SilverSeek.com week in review delivered direct to your inbox!