loading
loading

Silver Market Updates

Silver Market Morning

July 09, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,583.80 down $21 on Friday as the euro tumbled. Asia left it unchanged ahead of London’s opening. The morning Fix today was set at $1,581.00and in the euro at €1,287.145, while the euro stood at €1: $1.2283 down one cent. The euro stood at €1: $1.2300 after the Fix. Ahead of New York’s opening gold stood at $1,585.45 in the middle and in the euro at €1,288.98.

Silver Market Morning

July 06, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,604.40 down $18.4. A quiet London pulled it back to $1,599.40 ahead of the a.m. Fixing. The morning Fix today was set at $1,591.75 and in the euro at €1,285.535, while the euro stood at €1: $1.2382 down over one cent. The euro stood at €1: $1.2378 after the Fix. Ahead of New York’s opening gold stood at $1,593.00 in the middle and in the euro at €1,286.96.

Silver, Gold and The Coming Deflation

July 05, 2012
By Chris Mullen, Chief Content Manager

Historically gold has made its significant gains, relative to other assets (as well as nominally), not during inflation, but during deflation (Note: I am using the terms inflation and deflation very loosely in this case). These significant gold rallies historically occur when value flees instruments such as stocks and certain commodities.

Silver Market Morning

July 05, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,622.80, the day before the holiday in the States yesterday. A quiet London pulled it back to $1,613.50 at the p.m. Fixing. The morning Fix today the 5th July was set at $1,616.75 and higher in the euro at €1,292.986, up €8 on yesterday’s p.m. Fixing, while the euro stood at €1: $1.2504 down 80 cents. The euro stood at €1: $1.2502 after the Fix. Ahead of New York’s opening gold stood at $1,618.00 in the middle.

Silver Market Morning

July 03, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,598.70, up $20. Asia took it up to $1,606 ahead of London’s opening, while the euro stood at €1: $1.2602. The gold Fix was set at $1,608.50 and in the euro €1,278.312. Ahead of New York’s opening, gold stood at $1,609.65 and in the euro, €1,279.23 while the euro was at €1: $1.2583.

Silver Market Morning

July 02, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,598.70, up $20. Asia took it back down to $1,592 ahead of London’s opening, while the euro stood at €1: $1.2516, holding Friday’s gains. Gold had risen 17 showing strength in all the main currencies over last week. The gold Fix was set at $1,596.25 and in the euro €1,263.256. Ahead of New York’s opening, gold stood at $1,591.20 and in the euro, €1,261.76 while the euro was at €1: $1.2611.

Silver Market Update

July 02, 2012
By Chris Mullen, Chief Content Manager

Much of what is written for the Gold Market update applies equally to silver, so it will not be repeated here. There are, however, some important differences that we will focus on here, which suggest that silver now has really big upside potential from this point, despite its comparatively anemic reaction on Friday to the news out of Europe, compared to other commodities.

The Silver Two Year Cycle Continues

July 02, 2012
By Chris Mullen, Chief Content Manager

In 2007, I identified the silver price surges of 2003 and 2005 as a possible repeating pattern, and I guessed that buying silver in the summer of 2007 and selling it in the following spring could produce substantial profits. That proved to be a good call and timely too, since silver bottomed only a few weeks later and then moved sharply higher into the spring of 2008 that I identified as a good time to sell. Unfortunately, I also guessed that the following up cycle would be from the summer of…

Silver rallies, but set for hefty drop on quarter

June 29, 2012
By SilverSeek

Silver futures led the rally among major metals Friday, but it was still poised for a loss of around 16% for the quarter.

Silver Market Morning

June 29, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,557 and the picture looked glum. Ahead of London’s opening gold had jumped ton $1,570, while the euro jumped strongly to €1: $1.2589 from $1.2450, 140 cents higher. The gold Fix was set at $1,569.50 the same as yesterday and in the euro €1,258.50. Ahead of New York’s opening, gold jumped to $1,584.00 and in the euro, €1,257.64 while the euro was at €1: $1.2595.

Subscribe to Silver Market Updates

Newsletter Signup

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