Blog Archives

Week of April 22nd Silver Market Update

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Gold and silver are trading slightly upward today as a result of some short-covering and bargain-hunting. Most European and Asian traders are making their way back to the market today after an extended holiday weekend. So far, however, Asian and

Posted in Market Updates

Week of April 15th Silver Market Update

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Gold and silver are trading sharply lower on Tuesday thanks to a technical correction and profit-taking after recent gains. Despite increased tensions in Ukraine driving safe-haven demand for gold and silver forward, safe-haven demand alone was outdone by profit-taking investors.

Posted in Market Updates

Week of April 8th Silver Market Update

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Gold and silver are trading sharply higher on Tuesday thanks to a few factors finally working in their favor. For one, recent flare ups in pro-Russian demonstrations in Ukraine are driving safe-haven demand upward while a falling USD is also

Posted in Market Updates

Week of April 1st Silver Market Update

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Gold and silver are trading near even to slightly lower for yet another day during the morning hours of Tuesday. Investors are preparing themselves for a full day of US economic data expected to contain a few very important reports.

Posted in Market Updates

Week of March 25th Silver Market Update

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Gold and silver finished the day about where they started it on Tuesday. There was a number of economic reports from Europe and the United States, though most of them had little to no impact on precious metals spot values.

Posted in Market Updates

Week of March 18th Silver Market Update

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Gold and silver are trading lower for the second consecutive day this week as profit-taking and chart consolidation from last week’s gains are driving spot values downward. Profit-taking isn’t the only factor working against precious metals either, as the tensions

Posted in Market Updates

Week of March 11th Silver Market Update

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Gold and silver are trading up on Tuesday, mostly because of bargain-hunting buying after spot values took a dive towards the end of last week. Despite today being a quieter day as far as economic data is concerned, the marketplace

Posted in Market Updates

Week of March 4th Silver Market Update

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After making decent gains on Monday, gold and silver are both down by considerable margins on Tuesday thanks to profit-taking as well as a de-escalation of violence in Ukraine. The calming down of tensions has revived investor risk-appetite and has

Posted in Market Updates

Week of February 25th Silver Market Update

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Gold and silver are stagnating on Tuesday after making some decent gains only a day before. As it stands, gold is hovering above the $1,340 threshold while silver is trading down and is just above $22/ounce. There is a healthy

Posted in Market Updates

Week of February 18th Silver Market Update

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Gold and silver are both trading lower for the first time in about a week today. Losses being posted are being attributed to some mild profit-taking by investors as well as a slight technical price correction. Despite today’s minor spot

Posted in Market Updates

Years of Silver Eagles