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Silver Market Updates

Hightower Silver Market Update: May 20, 2013

May 20, 2013

Silver saw some aggressive liquidation action overnight, with the July contract falling down to its lowest level since September of 2010! In addition to knock-on selling from gold, silver was reportedly under pressure from technically inspired selling as the market approached and failed to hold the April spike low. Another element that might be undermining silver is ongoing interest in equities, which in turn might have been behind the decline in silver derivative holdings at the end of last…

The Silver Price Squeeze: Infographic

May 19, 2013

The Silver Squeeze – An infographic.

Silver Market Update: May 19, 2013

May 19, 2013

Silver’s post plunge relief rally was considerably weaker and more stunted than gold’s, and with it now back near to its April plunge lows after the drop last week, the chances are considered high that it will break to new lows soon. That said, its latest COTs and sentiment indicators are now strongly bullish, so that although it may well break to lower lows soon, it is thought unlikely that there will be much downside follow through before it hits bottom. We can see all this on its 9-month…

COT Silver Report - May 17, 2013

COT Silver Report - May 17, 2013

Silver Market Morning: May 17, 2013

May 17, 2013

Silver(very short-term) The silver price will continue to consolidate, in New York today.

CPM Group Releases 2012 Silver Yearbook

May 17, 2013

Investment demand for silver rose to 122.5 million ounces in 2012, up 32.1% from the previous year. This was the sixth highest annual volume of demand from investors on record. Investors remained interested in silver, amid concerns about U.S. fiscal issues, European sovereign debt concerns, and a slowdown in Chinese economic growth. The strong increase in annual investment demand mostly was driven by three major price declines throughout the year, which triggered strong bargain buying activity…

Silver and the Dow

The Dow making new highs is likely to be very good news for silver investors, because nominal silver peaks tend to come after significant nominal peaks in the Dow. These stock market rallies are driven by the expansion of the money supply, causing a big increase in value of paper assets (including stocks) relative to real assets.

Silver Market Morning

The gold price tumbled again in Asia after New York selling pushed the gold price down to $1,392.70 down $33 from New York ahead of London’s opening today. In London it Fixed at $1,377.00 down $45.25 on yesterday and in the euro at €1,070.01 down €24.5, while the euro was much weaker at €1: $1.2869. Ahead of New York’s opening it stood at $1,376.20 and in the euro at €1,068.93.

Silver Market Morning

The gold price closed at $1,425.4 down $6 in New York yesterday. In Asia, gold weakened to $1,413 then in London it Fixed at $1,412.25 down $24.25 on yesterday and in the euro at €1,094.513 down €9, while the euro was much weaker at €1: $1.2903. It then quickly fell to €1: $1.2883. Ahead of New York’s opening it stood at $1,411.55 and in the euro at €1,095.67.

A Different View of Silver

The SILVER MARKET often gets a bum rap. The reason is that often its gyrations are much greater than those of the gold market.

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