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Silver Market Updates

Silver Market Morning

December 13, 2012
By Chris Mullen, Chief Content Manager

New York closed at $1,711.30. But this morning, Asian dealers or speculators prepared to stay up, launched another ‘bear raid’ and drove the gold price down to $1,698 at the quietest time of day. London followed through to push it through $1,700 down to Fix at $1,694.75 down $17.75 on yesterday. In the euro it was Fixed at €1,299.157 down over €16.5 while the euro was slightly stronger at €1: $1.3045. Ahead of New York’s opening, gold was $1,693.00 and in the euro at €1,296.47.

Silver Market Morning

December 12, 2012
By Chris Mullen, Chief Content Manager

New York closed at $1,710.00 up $1 on yesterday. This morning, Asian dealers took it higher after which London followed through to take it to $1,715. It then Fixed at $1,712.50 up $2.75 on yesterday. In the euro it was Fixed at €1,315.587 down €2.5 while the euro was slightly stronger at €1: $1.3017. Ahead of New York’s opening, gold was $1,714.35 and in the euro at €1,314.38.

Silver Market Morning

December 11, 2012
By Chris Mullen, Chief Content Manager

New York closed at $1,709.10 up $5 on yesterday. This morning, Asian & London dealers held it around that level until it was Fixed at $1,709.75 up $1.25 on yesterday. In the euro it was Fixed at €1,318 down €6 while the euro was slightly stronger at €1: $1.2970. Ahead of New York’s opening, gold was $1,709.4 and in the euro at €1,320.58.

Silver Market Morning

December 10, 2012
By Chris Mullen, Chief Content Manager

New York closed at $1,704.10 up $6 on Friday. This morning, Asian & London dealers lifted prices higher to reclaim the $1,710 level. It was Fixed at $1,708.50 up $11.50 on Friday’s Fixing. In the euro it was Fixed at €1,324.111 up €11.5 while the euro was slightly weaker at €1: $1.203. Ahead of New York’s opening, gold was $1,712.60 and in the euro at €1,326.36.

Silver Market Morning

December 07, 2012
By Chris Mullen, Chief Content Manager

New York closed at $1,698.00 down $3.6 yesterday as a result of short covering. This morning, Asian & London dealers lifted prices higher to reclaim the $1,702 level. It was Fixed at $1,697.00 up $4 on yesterday’s Fix. In the euro it was Fixed at €1,312.553 up €17.5 while the euro was slightly weaker at €1: $1.2962 and weakening. Ahead of New York’s opening, gold was $1,697.05 and in the euro at €1,309.25.

Silver Market Morning

December 06, 2012
By Chris Mullen, Chief Content Manager

New York closed at $1,693.6 down $10 yesterday. This morning, Asian & London dealers pushed prices further down to $1,688 before it recovered to $1,692. It was Fixed at $1,693.00 down $10.00 on yesterday’s Fix. In the euro it was Fixed at €1,295.135 down €8.5 while the euro was slightly stronger at €1: $1.3072 and stabilizing. Three of the five gold bullion members of the Fix were buyers and two sellers. Ahead of New York’s opening, gold was $1,692.15 and in the euro at €1,295.08.

Silver Market Morning

December 05, 2012
By Chris Mullen, Chief Content Manager

New York closed at $1,715.20 yesterday. This morning, Asian dealers pushed prices down, unusually, to $1,705 before London opened. It was Fixed at $1,703.00 down $3.75 on yesterday’s Fix. In the euro it was Fixed at €1,300.794 down €5.354 while the euro was stronger at €1: $1.3092 and stabilizing. Ahead of New York’s opening, gold was $1,702.5 and in the euro at €1,301.01.

Silver Market Morning

December 04, 2012
By Chris Mullen, Chief Content Manager

New York closed at $1,715.20 yesterday. This morning, Asian dealers pushed prices down, unusually, to $1,705 before London opened. It was Fixed at $1,706.75 down $11.50 on yesterday’s Fix. In the euro it was Fixed at €1,305.354 down €11.5, while the euro was stronger at €1: $1.3075 and strengthening. Ahead of New York’s opening, gold was almost the same as Friday morning’s level at $1,706.75 the same as the Fixing and in the euro at €1,304.61 down €23 as the euro continued to strengthen.

David Morgan (The Silver Liberace!) Interviews Bix Weir About Silver Manipulation

December 03, 2012
By Chris Mullen, Chief Content Manager

I sat down with David Morgan at the 2012 Silver Summit and we discussed the ongoing Silver Manipulation and how it will end. David Morgan has been a long time advocate of Silver and it was a pleasure to have this discussion. You can sign up for David's service here: www.silver-investor.com

Silver Market Morning

December 03, 2012
By Chris Mullen, Chief Content Manager

New York closed at $1,713.20 on Friday. This morning, Asian and London dealers lifted the gold price to $1.719.50. It was Fixed at $1,718.00 down on Friday’s p.m. Fix but up from New York’s lows then. In the euro it was Fixed at €1,317.586 down €12, while the euro was slightly stronger at €1: $1.3026. Ahead of New York’s opening, gold was almost the same as Friday morning’s level at $1,729.55 and in the euro at €1,327.67.

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