Silver

The precious metals got a boost last week on the Euro's surprising rally. Gold prices gained 2.72% last week while Silver gained 3.31% with prices quickly falling back nearly -2.53% this week at the time of writing. The volatile prices in…

The precious metals had a bearish month in November. Gold prices fell -6.82% for the month while Silver prices declined -9.52%. The precious metals continue to be weighed down by expectations that the Federal Reserve will hike rates at the…

The precious metals markets are attempting to recover after nearly a few straight weeks of declines. Gold prices touched a weekly low at 1066.5, while Silver dropped to 13.89, both posting nearly a 5 year low across the board. Yesterday,…

The downtrend in the metals market has seen a sharp slump in prices across the board. Gold prices have declined sharply by -9.06% since the interim top formed on the 19th of October at 1177.94. At the time of writing, Gold is trading near a…

Last week's NFP report which sent the dollar surging and opening up speculation for a December rate hike sent the precious metals lower across the board. Gold futures declined -4.7% last week closing at 1087, while Comex Silver futures fell…

Summary: From last week's precious metals analysis, Gold prices declined from 1170 as expected but the bearish momentum saw prices drop sharply below the intended 1150 to currently trade at 1110. Silver prices corrected to…

Gold futures have gained 0.5% for the week as the inside bar formed off last week's session is indicative of a potential break out in either direction. The range high low of 1191 through 1151 will be of interest as a break out in either…

After posting declines for three straight weeks, Gold futures on the weekly chart is currently looking to form an inside bar, within the support zone of 1202 through 1171. Currently, Gold futures have gained over 1% for the week. This…

Gold futures trading comfortably after breaking support at 1180. But watch out for a retest to this familiar level.