loading
loading

Silver Market Updates

Silver Market Morning

January 31, 2013
By Chris Mullen, Chief Content Manager

In New York the gold price recovered to $1,676.50, yesterday, up $14. In Asia it slipped a little to $1,677 and traded below that level in London’s morning where it Fixed at $1,674.5 up over $8 and in the euro at €1,234.882 up €4. The euro held the same level as yesterday at €1: $1.3556, despite the negative growth figures published yesterday in the U.S. Ahead of New York’s opening, gold was $1,674.65 and in the euro at €1,235.31.

Silver: Buy, Hold Or Sell? Update #24

January 30, 2013
By Chris Mullen, Chief Content Manager

In 1980, the price of one ounce of silver reached $ 50. Today, the purchasing power of the US dollar is substantially less than in 1980. The price of one ounce of silver would have to rise to $ 150 to reflect the value of the US dollar thirty years ago, assuming an average annual inflation of 3.5%.

Silver Market Morning

January 30, 2013
By Chris Mullen, Chief Content Manager

In New York the gold recovered to $1,662.70 yesterday. In Asia it tried to rise more then in London’s morning it Fixed at $1,666.25 up over $5 and in the euro at €1,230.704 down €4. The 5 bullion banks that Fix the price were all neutral at the Fix, netting out the buying and selling within their own clients. The euro strengthened through resistance to €1: $1.3556 against $1. Ahead of New York’s opening, gold was $1,665.65 and in the euro at €1,229.13.

Silver Market Morning

January 29, 2013
By Chris Mullen, Chief Content Manager

In New York the gold price pulled back $10 to $1,654.90 yesterday. In Asia it tried to climb back over $1,660 again before London opened. It Fixed at $1,660.50, up $4 and in the euro at €1,235.12. The euro weakened a little to €1: $1.3430 against $1. Ahead of New York’s opening, gold was $1,662.80 and in the euro at €1,238.08.

Silver Market Morning

January 28, 2013
By Chris Mullen, Chief Content Manager

In New York the gold price pulled back $10 to $1,658.90 on Friday. In Asia on Monday it tried to climb back over $1,660 before London opened. Later in London’s morning it traded at where it Fixed at $1,656.75 down $13 on Friday morning70.25 and in the euro at €1,232.426 down €11. The euro strengthened to €1: $1.3446 against $1. Ahead of New York’s opening, gold was $1,655.45 and in the euro at €1,231.73.

Silver Market Morning

January 25, 2013
By Chris Mullen, Chief Content Manager

In New York the gold price pulled back $18 to $1,667.70. In Asia the gold price started to consolidate and held there. Then in London’s morning it tried to climb over $1,670 again where it Fixed at $1,670.25 and in the euro at €1,243.693 down €15. The euro strengthened to €1: $1.3460 up 1.3 cents in the euro. Ahead of New York’s opening, gold was $1,669.10 and in the euro at €1,240.32.

Riding The Silver Wave (CNBC Video)

January 24, 2013
By Chris Mullen, Chief Content Manager

Lenic Rodriguez, CEO, Aurcana discusses why silver is gaining popularity among investors. He explains how that is helping his company's business.

Silver Market Morning

January 24, 2013
By Chris Mullen, Chief Content Manager

In New York the gold price pulled back to $1,685.60. In Asia the gold price eased further right through London’s morning to Fix at stood at $1,677.00 down $15. The euro was stronger at €1: $1.3330 in London. Gold then Fixed at €1,258.065 down €10. Ahead of New York’s opening, gold was $1,678.45 and in the euro at €1,267.32. The gold price is almost static in the euro.

Trading the Gold / Silver Ratio to Produce a Gold Yield

January 24, 2013
By Chris Mullen, Chief Content Manager

Report of tightness in the silver market are appearing all over the blogosphere. Does one trade this informaiton, or is there a better way to judge how tight the gold and silver markets really are? And therefore, is there a better way to trade the gold silver ratio?

Silver Market Morning

January 23, 2013
By Chris Mullen, Chief Content Manager

In Asia the gold price stood at the same level as yesterday at $1,692.00 but $2 up on New York’s close. The euro was weaker at €1: $1.3299 in London. Gold then Fixed at $1,692.25 and in the euro at €1,268.839 .The euro was slightly stronger at €1: $1.3337. Ahead of New York’s opening, gold was $1,692.30 and in the euro at €1,267.32. The gold price is almost static in the euro.

Subscribe to Silver Market Updates

Newsletter Signup

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