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Silver Market Updates

How Far Up Could Silver Go?

Last three months were sort of a roller coaster for precious metals investors – gold and silver hit a local bottom at the beginning of November and it looked like nothing could stop a strong rally to follow. Yet the fears concerning the “fiscal cliff” issue seem to have won and stopped the prices at the end of November. Moreover, gold & silver correlations structure that used to propel the rally got distorted and even though the dollar weakened and the general stock market got stronger,…

Silver Market Morning

In Asia the gold price went slightly stronger at $1,692.00. The euro was almost unchanged at €1: $1.3339 in London. Gold then Fixed at $1,692.50 and in the euro at €1,268.178 .The euro was slightly stronger at €1: $1.3346. Ahead of New York’s opening, gold was $1,691.25 and in the euro at €1,267.32. The gold price is almost static in the euro.

Silver Market Morning

In Asia the gold price held at Friday’s New York close level of $1,689.00. The euro was slightly off at €1: $1.3323 at the start of business in London. Gold then Fixed at $1,688.00 and in the euro at €1,269.078 .The euro was slightly weaker at €1: $1.3301. Ahead of New York’s opening, gold was $1,689.25 and in the euro at €1,269.73.

Join GoldSeek.com and SilverSeek.com at the Vancouver Resource Investment Conference 2013

Please visit GOLDSEEK.com & SILVERSEEK.com at Booth # 913 and attend PETER SPINA'S Presentations: Sunday, January 20th at 5:00pm in Speaker Hall East: "Gold, Money & Top Gold Stock Picks" Monday, January 21st at 1:00pm in Workshop Room #1: "Advantages of Investing in Silver"

Silver Market Morning

Since Wednesday gold has moved steadily upward to trade in Asia at $1,693 before London opened. The euro also rose on Thursday to touch €1: $1.3393 at the start of business in London. Gold then Fixed at $1,690.00 and in the euro at €1,265.82 up over €3 again despite a stronger euro at .The euro was slightly stronger at €1: $1.3351. Ahead of New York’s opening, gold was $1,690.70 and in the euro at €1,266.11.

SilverSeek.com 2013 Virtual Silver Investment Conference: THURSDAY - JANUARY 31

January 18, 2013

SilverSeek.com’s 2013 Virtual Silver Investment Conference, an online, one-day event showcasing silver industry experts and top tier silver companies will begin at 9:30am Eastern on THURSDAY, January 31st.

Silver Market Morning

Yesterday saw gold consolidate around $1,680 in New York and Asia with London opening at $1,679. Gold then Fixed at $1,679.75 and in the euro at €1,262.78 up over €3.The euro was slightly weaker at €1: $1.3327. Ahead of New York’s opening, gold was $1,678.90 and in the euro at €1,259.77.

The Silver Series: Silver as an Investment (Part 3)

Silver has had double digit gains in 7 of the last 10 years. In this infographic, we look at the investment properties of silver as well as its chief differences with gold. Highlights include a study on silver correlation, volatility, performance against the US Dollar and money supply, and portfolio diversification.

Silver Market Morning

Yesterday saw gold strengthen further in New York then Asia and London then took it higher to Fix at $1,681.00 and in the euro at €1,257 up over €11.The euro was slightly weaker at €1: $1.3346. Gold continues to move independently of currencies including the euro. Ahead of New York’s opening, gold was $1,679.45 and in the euro at €1,259.10.

Silver Market Morning

After last week saw a rise to $1,675 before being driven down to $1,662 at New York’s close on Friday, gold was taken higher ahead of London’s opening to $1,669.45 in Asia. The prime cause of the move was not the euro because gold fell in euro terms while it entered recent new territory at over €1: $1.33 on Friday. It opened today at €1: $1.3360 in London. Does one see the euro gold price steady and gold moving with the euro now, or will it continue to move separately?

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