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Silver Market Updates

Silver Market Morning

October 31, 2013
By Chris Mullen, Chief Content Manager

Gold closed slightly weaker at $1,342.80 down $1.80 in New York on Wednesday. Asia initially let it slip slightly with dealers following the euro against the dollar in thin trade, but before London opened Asia let it slide to $1,334. London held it around there until the Fix, where it was set at $1,333.75 down $15.75 over yesterday’s Fix. In the euro it Fixed at €975.819 down only €5.0 over yesterday’s Fixing as the dollar strengthened. Ahead of New York’s opening gold stood at $1,332.60 and in…

Silver Market Morning

October 30, 2013
By Chris Mullen, Chief Content Manager

Gold closed stronger at $1,344.60 down $8.40 in New York on Tuesday. Asia lifted it $2 and London lifted close to $1,350 ahead of the Fix, where it was set at $1,349.50 up $2.50 over yesterday’s Fix. In the euro it Fixed at €980.813 up €2.0 over yesterday’s Fixing as the dollar vacillated. Ahead of New York’s opening gold stood at $1,350.20 and in the euro at €981.11, while the dollar stood at $1.3762: €1.

Silver and Mining Stocks – Resistance Has Been Reached

October 29, 2013
By Chris Mullen, Chief Content Manager

Summing up, although we‘ve seen an upward move in silver in recent days, it hasn’t changed much from the medium-term perspective. When we factor in the impact of the USD Index and general stock market that we discussed in the previous essay, silver‘s cyclical turning point, which is just around the corner, and the fact that the short-term resistance lines have already been reached in case of the GDX ETF, we can presume that the top of the recent upward move in the precious metals may be already…

Silver Market Morning

October 29, 2013
By Chris Mullen, Chief Content Manager

Gold closed stronger at $1,353.00 up $1.50 in New York on Monday. Asia tended slightly stronger and London dropped it $6.25 ahead of the Fix, where it was set at $1,346.75 over yesterday’s Fix. In the euro it Fixed at €978.814 up €0.5 over yesterday’s Fixing as the dollar strengthened slightly. Ahead of New York’s opening gold stood at $1,344.55 and in the euro at €976.93, while the dollar stood at $1.3763: €1.

GoldSeek LIVE! with Jay Taylor & Greg Johnson, President & CEO of Prophecy Platinum

October 28, 2013
By SilverSeek

- Wednesday, October 30th at 11am EST - Online: https://attendee.gotowebinar.com/register/4501697826298177282 - Presentation by Greg Johnson, Chairman & CEO of Prophecy Platinum Corp. (OTC-QX: PNIKF | TSX-V: NKL) - Q&A with Jay Taylor, Editor at the “Gold & Tech Stocks” newsletter

Silver Market Morning

October 28, 2013
By Chris Mullen, Chief Content Manager

Gold closed stronger at $1,351.50 up $6.10 in New York on Friday. Asia held it there and London dropped it $4 ahead of the Fix, where it was set at $1,351.00 up $9.25 over Friday’s Fix. In the euro it Fixed at €978.28 up €6.25 over Friday’s Fixing. Ahead of New York’s opening gold stood at $1,351.5 and in the euro at €979.77, while the dollar stood at $1.3794: €1.

Silver Market Morning

October 25, 2013
By Chris Mullen, Chief Content Manager

Gold closed stronger at $1,345.40 up $12.10 in New York yesterday. Asia held it there and so did London until the Fix, where it was set at $1,341.75 up $5.50 over yesterday’s Fix. In the euro it Fixed at €971.790 up €3.00 over yesterday’s Fixing. Ahead of New York’s opening gold stood at $1,342.40 and in the euro at €972.82, while the dollar held close to its lows at $1.3800: €1.

Silver To Hit New Highs Despite Bearish Forecasts

October 24, 2013
By Chris Mullen, Chief Content Manager

The price of silver will hit new highs as an explosion of investment demand will overwhelm supply in the future. This once in a lifetime event will occur not because of bullish rhetoric, technical analysis or brokerage recommendations, but because the fundamentals will finally kick in a major way.

Silver Market Morning

October 24, 2013
By Chris Mullen, Chief Content Manager

Gold closed stronger at $1,333.30 down nearly $7 in New York yesterday. Asia lifted it slightly by $2 and London held it there until the Fix, where it was set at $1,336.25 up $3.25 over yesterday’s Fix. In the euro it Fixed at €968.789 up €0.11 over yesterday’s Fixing. Ahead of New York’s opening gold stood at $1,340.00 and in the euro at €970.80, while the dollar fell further to $1.3807: €1.

Silver Market Morning

October 23, 2013
By Chris Mullen, Chief Content Manager

Gold closed stronger at $1,340.20 in New York yesterday. Asia let it slip slightly by $5 and London took it $2 lower to Fix at $1,333.00 up $21.25 on yesterday’s Fix. In the euro it Fixed at €968.68 up €9.16 on yesterday’s Fixing. Ahead of New York’s opening gold stood at $1,332.1 and in the euro at €968.69, while the dollar fell further to $1.3754: €1.

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