loading
loading

Silver Market Updates

Gold in near-death experience on Comex

June 06, 2014
By Chris Mullen, Chief Content Manager

Well, it’s a bit of an exaggeration, but for the first three days of this week daily turnover in the gold future fell to about 80,000 contracts, compared with a more normal level of 120,000. At the same time volatility fell to as close to zero as you can get. The week started with the gold price at $1241 and until yesterday at 1.00pm UK time stuck to a tight range of $7 centred on $1244. Open interest picked up a little, as shown in our first chart.

Silver Market Morning

June 06, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,253.10 up $9.4 on Thursday in New York. In Asia and London the price lifted to $1,255. It was then set at $1,254.00 up $9.25 and in the euro at €919.962 up 4.450, while the euro stood at $1.3631. Ahead of the opening in New York the gold price was trading at $1,253.70 and in the euro at €919.91.

Silver Market Morning

June 05, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,243.70 down $2.60 on Wednesday in New York. In Asia and London the price remained the same. It was then set at $1,244.75 down $1.25 and in the euro at €914.450 down €1.39, while the euro stood at $1.3612. Ahead of the opening in New York the gold price was trading at $1,244.60 and in the euro at €917.17.

Silver Market Morning

June 04, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,246.30 on Tuesday, up $3.20 cents in New York. In Asia and London the price slipped slightly by $1 until the Fix, where it was set at $1,246.00 up $1.75 and in the euro at €915.840 up €1.421, while the euro stood at $1.3605. Ahead of the opening in New York the gold price was trading at $1,246.00 and in the euro at €915.27.

Silver Market Morning

June 03, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,243.10 on Monday, up 10 cents in New York. In Asia and London the price rose $1 until the Fix, where it was set at $1,244.25, down $0.50 and in the euro at €914.419 down €0.841, while the euro stood at $1.3607. Ahead of the opening in New York the gold price was trading at $1,246.20 and in the euro at €915.72.

Silver Market Morning

June 02, 2014
By Chris Mullen, Chief Content Manager

The gold price closed at $1,243 on Friday, down $12 on Friday in New York. In Asia and London the price rose A$1 until the Fixed, where it was set at $1,244.75, down $9.25 and in the euro at €915.26 down €7.83, while the euro stood at $1.3600. Ahead of the opening in New York the gold price was trading at $1,245.00 and in the euro at €915.21.

Precious Metals Moving Closer to Bottom

May 30, 2014
By SilverSeek

Although gold stocks are rallying today, my work leads me to believe that there is more downside before a bottom. The good news is the sector is now much closer than it was a few weeks ago. Yet, patience and discipline will be the name of the game over the coming days and weeks. Discipline is required to exit hedges at the right time while patience is required to buy as low as possible. I am looking at JNUG (3x long GDXJ) as well as several juniors I believe have exceedingly strong upside…

Should Silver and Gold be on your must-have investment list? Monday - June 2, Vancouver

May 28, 2014
By SilverSeek

At 1pm on Monday, June 2 at the Canadian Investor Conference, some of the world's top thought leaders from the resource space will discuss their outlook on Gold investment - the Good, the Bad and the Uncertain...

The Mises View: "Silver Money and Inflation"

May 27, 2014
By SilverSeek

Mark Thornton explains how silver money keeps inflation in check. Thornton is a Senior Fellow at the Mises Institute.

Silver to Gold Ratio: 27 Years of Data

May 27, 2014
By SilverSeek

Investor demand for silver and gold bars and coins is strong and increasing. I think silver and gold prices will be higher by the end of 2014 and much higher by the next US presidential election.

Subscribe to Silver Market Updates

Newsletter Signup

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