loading
loading

Silver Market Updates

Silver Market Morning

August 19, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,298.90 down $5.20 on Monday’s level in New York. In Asia and early London, gold prices hugged the $1,300 level. The gold price was Fixed at $1,300.25 down $2.50 and in the euro at €973.251 up €0.323, while the euro was weaker at $1.3360. Ahead of New York’s opening, gold was trading at $1,300.50 and in the euro at €974.12.

Why You Should Buy Silver Before It’s Too Late

August 18, 2014
By Chris Mullen, Chief Content Manager

Too often silver falls in the shadow of its flashy, favored cousin gold, but the precious metal grabbed headlines last week when a 117-year-old tradition came to an end.

Silver Market Morning

August 18, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,304.10 down $8.90 on Friday in New York. In Asia, gold prices pulled back to $1,300 ahead of the opening in London. The gold price was Fixed at $1,302.75 down $10.75 and in the euro at €972.928 down €7.15, while the euro was weaker at $1.3390. Ahead of New York’s opening, gold was trading at $1,301.70 and in the euro at €971.78.

New 'LBMA Silver Price' - Still Not Transparent

August 15, 2014
By Chris Mullen, Chief Content Manager

Overnight, silver and gold in singapore were flat as they were in London prior and after the new ‘LBMA silver price’. Futures trading volume has picked up and was about average for the past 100 days this morning. Gold and silver remain in very tight ranges which usually precedes a sharp move higher or lower. Given the poor economic data recently and geopolitical backdrop we expect gold and silver to break higher in the coming days as we enter the seasonal sweet spot for gold and silver.

117-year old London silver fix ends

August 15, 2014
By Chris Mullen, Chief Content Manager

Ross Norman, CEO of Sharps Pixley, discusses the implications of the end of London's Victorian era silver fix.

Silver Market Morning

August 15, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,313.00 up $1.40 on Thursday in New York. In Asia, gold prices rose slightly to $1,314.4 ahead of the opening in London. The gold price was Fixed at $1,313.50 down $1.50 and in the euro at €980.078 down €1.778, while the euro was stronger at $1.34.02. Ahead of New York’s opening, gold was trading at $1,312.40 and in the euro at €981.31.

Silver Market Morning

August 14, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,311.60 up $2.10 on Wednesday in New York. In Asia, gold prices rose slightly to $1,312 ahead of the opening in London. The gold price was Fixed at $1,315.00 up $4.00 and in the euro at €981.856 up €1.438, while the euro was stronger at $1.3393. Ahead of New York’s opening, gold was trading at $1,315.40 and in the euro at €983.48.

Silver Market Morning

August 13, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,309.70 up 60 cents on Tuesday in New York. In Asia on Tuesday gold prices eased slightly to $1,307.50 ahead of the opening in London. The euro began to fall again and stood at $1.3368. The gold price was Fixed at $1,309.25 down $1.75 and in the euro at €980.418 down €2.341, while the euro was at $1.3354. Ahead of New York’s opening, gold was trading at $1,308.90 and in the euro at €979.46.

Silver Market Morning

August 12, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,309.10 down $2.30 cents on Monday in New York. In Asia on Tuesday gold prices eased slightly to $1,307.50 ahead of the opening in London. The euro began to fall again and stood at $1.3368. The gold price was Fixed at $1,311.00 up $2.75 and in the euro at €982.759 up €5.432, while the euro was weaker at $1.334. Ahead of New York’s opening, gold was trading at $1,311.80 and in the euro at €983.43.

Don't be surprised if silver is the target.

August 11, 2014
By Chris Mullen, Chief Content Manager

Russia took some very stern retaliatory steps this past week in response to being sanctioned, sanctioned again, and sanctioned further for good measure. Up until this point, Mr. Putin had remained somewhat restrained and I would say almost stoic in his responses by never trying to "one up" the sanctions, only matching them so far. This may have now changed and unfortunately for the West, Russia's retaliation is coming at a poor time.

Subscribe to Silver Market Updates

Newsletter Signup

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