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Silver Market Updates

The History of Silver (Part 1)

Today, silver has thousands of modern industrial uses and is considered a store of wealth. However, the story of this legendary precious metal begins with its use by ancient civilizations. Silver has many attributes that made it so valuable to early peoples. It is malleable, ductile, lustrous, resilient, antibacterial, and rare. It was used to purify water and for ornate artwork – but more importantly it was perfectly suited to be a currency.

Silver Market Morning

New York closed at $1,709.00 down $3. This morning, Asia and London dealers were lifting it back through $1,712 area. It then Fixed at $1,713.50 and in the euro at €1,322.655 down €4 while the euro was at €1: $1.29.55. Ahead of New York’s opening gold stood at $1,712.31 and in the euro at €1,323.61.

Silver Market Morning

New York closed at $1,712.00 down 70 cents. This morning, Asia and London dealers are pull it back through $1,714 area. From there it hovered around $1,712 in line with the euro’s moves and then Fixed at $1,712.00 up $8 on Friday and in the euro at €1,326.720 up €10 while the euro was at €1: $1.29.04 weaker than Friday’s over €1: $1.30+. Ahead of New York’s opening gold stood at $1,712.31 and in the euro at €1,326.75.

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Silver Market Update

The intermediate top in silver was called several weeks back in the last update. We had expected it to plunge, but instead into went into a more orderly steady decline, its measured rate of decline thus far being due to the fact that the dollar has not entered into a new uptrend – yet.

Silver Market Morning

New York closed at $1,712.70 up $5.7. This morning, Asia and London dealers are trying to pull it back to $1,700. But it Fixed at $1,704.00 and in the euro at €1,316.440 €5 lower while the euro was at €1: $1.29.44 almost the same a yesterday. Ahead of New York’s opening gold stood at $1,704.33 and in the euro at €1,319.91.

Silver Market Morning

New York closed at $1,706.90 down $21.5. This morning, Asia and London dealers are trying to make it bounce at $1,711 before the Fix at $1,708.50 and in the euro at €1,321.039 €4 higher while the euro was at €1: $1.29.33 down a cent. Ahead of New York’s opening gold stood at $1,709.56 and in the euro at €1,320.74.

Silver Market Morning

New York closed at $1,728.5 up $8. This morning, Asia and London dealers pulled it down to lifted it to $1,717 before it was Fixed at $1,717.00 and in the euro at €1,317.223 while the euro was at €1: $1.3035 23 cents lower. Ahead of New York’s opening gold fell again to $1,712.70 and in the euro at €1,314.43.

Silver Market Morning

New York closed at $1,722.1 down$18.90. This morning, Asia and London dealers lifted it to $1,725 before it was Fixed at $1,725.00 and in the euro at €1,321.029 €6 lower while the euro was at €1: $1.3058, barely changed. Ahead of New York’s opening gold stood at $1,725.40 and in the euro at €1,320.93.

Silver Market Morning

New York closed at $1,741.00 down$7.70. This morning, Asia and London dealers dropped it further to $1,733 before it was Fixed at $1,732.75 and in the euro at €1,327.269 while the euro was at €1: $1.3055. Ahead of New York’s opening gold stood at $1,734.43 and in the euro at €1,330.62.

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