Silver

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…
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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,…
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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…
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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…
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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…
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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…
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Gold and Silver prices have been trending lower to flat this week. Gold is currently up 0.12% while Silver has declined -1.45%. While previously, a weak US Dollar helped the metals to recover some of their declines the recent recovery in…
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The precious metals markets enjoyed a strong rally over the past few weeks but the bull rally is due for a short term correction. The bias remains to the upside for both the Gold and Silver markets. For the week, Silver is up 0.12% while…
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Gold prices have gained as much as over 1.0% this week after prices fell to the lows of 1104 last week. At the time of writing, Gold is trading near the highs of 1150. The gains in Gold prices come as the markets remain uncertain on the US…
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Gold futures have been particularly rough over this week despite a promising rally late last week. Gold gave up all of its gains and is down -1.73% for the week. On a broader perspective, there is a scope for a Gold rally above 1122/1125…
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