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Silver Market Updates

Silver Market Morning

June 05, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,620.40 and in London’s early morning fell to $1,615.75. There is no Fixing in London today due to the Jubilee celebrations. Ahead of New York’s opening gold stood at $1,618.22 and in the euro, €1,301.55 while the euro was at €1: $1.2433.

Silver Market Morning

June 04, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,622.2 up$60 and in London’s early morning fell to $1,618.35 as the week began. There is no Fixing in London today or tomorrow due to the Jubilee celebrations. Ahead of New York’s opening gold stood at $1,624.10 and in the euro, €1,305.86 while the euro was at €1: $1.2437.

May US Mint Silver Eagle Sales: 2.875 million ounces, +1.355M vs April

June 03, 2012
By Chris Mullen, Chief Content Manager

May US Mint Silver Eagle Sales: 2.875 million ounces, +1.355M vs April

Silver Headed to $75-$125/oz. in 1-2 years

June 03, 2012
By Chris Mullen, Chief Content Manager

My experience and the charts tell me that silver prices are likely to head to $75 to $125/oz. in the next one to two years. That's about a 150% to 230% gain for those who buy silver under $30/oz.

Silver Market Morning

June 01, 2012
By Chris Mullen, Chief Content Manager

Gold closed in New York at $1,562.10 down $2.70 and in London’s early morning fell to $1,560.60 the same as yesterday. The euro stood at €1: $1.2364 another 30 cents lower than yesterday. Gold Fixed at $1,552.50 down $15 and in the euro at €1,259.370 down €3. Ahead of New York’s opening gold stood at $1,552.15 and in the euro, €1,259.45 while the euro was at €1: $1.2324.

Silver Market Morning

May 31, 2012
By Chris Mullen, Chief Content Manager

Gold closed against the flow of the euro, in New York at $1,564.80 and in London’s early morning fell to $1,560. The euro stood at €1: $1.2397 another 75 cents lower than yesterday. It continued to fall in London. Gold Fixed at $1,567.50 up $19 and in the euro at €1,262.077 up €17. Ahead of New York’s opening gold stood at $1,566 and in the euro, €1,261.89 while the euro was at €1: $1.2410.

Silver Market Morning

May 30, 2012
By Chris Mullen, Chief Content Manager

Gold closed well down in New York at $1,558.80 and in London’s early morning fell further to $1,550. The euro was the cause as it fell to €1: $1.2472 another 50 cents lower. It continued to fall in London. Gold Fixed at $1,548.75 down $25 and in the euro at €1,244.976 down €11. Ahead of New York’s opening gold stood at $1,549 and in the euro, €1,244.27 while the euro was at €1: $1.2449.

Silver Market Morning

May 29, 2012
By Chris Mullen, Chief Content Manager

Gold closed higher at $1,575.40 and in London’s early morning rose to $1,577.80. The euro was slightly weaker in London at €1: $1.2539 50, cents lower. It Fixed at $1,573.75 and in the euro at €1,255.666. Ahead of New York’s opening gold stood at $1,572.30 and in the euro, €1,254.93 while the euro was at €1: $1.2529.

Silver Market Morning

May 25, 2012
By Chris Mullen, Chief Content Manager

New York closed higher at $1,559.50 and in London’s early morning rose to $1,563.55. The euro was slightly stronger in London at €1: $1.2582. It Fixed at $1,560.50 and in the euro at €1,240.658. Ahead of New York’s opening gold stood at $1,560.32 and in the euro, €1,240.26 while the euro was at €1: $1.2582.

Silver Market Morning

May 24, 2012
By Chris Mullen, Chief Content Manager

New York closed higher at $1,561.20 and at London’s early morning fell back to $1,556. The euro was weaker at the time London at €1: $1.2560 before holding that level at €1: $1,2562. It Fixed at $1,558.50 and in the euro at €1,239.265. Ahead of New York’s opening gold stood at $1,562.00 and in the euro, €1,242.14 while the euro was at €1: $1.2575.

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