Silver

Gold futures are easing back this week after posting a strong rally a week before, primarily due to risk aversion. Gold is currently trading at $1085 an ounce and is down -1.67% for the week after posting an intra-week high at $1108.63.…
Read More

The precious metals markets had another year of declines in 2015 but price action looks to have gotten off on a good start at least for Gold which is currently up 1.60% for the week while Silver prices are more subdued, gaining 0.42% on a…
Read More

The precious metals have seen a recovery rally over the week. Gold is up 0.70% for the week while Silver prices gained 1.02% on a week to date basis. This comes amid a short trading week and low volumes. The most recent economic data from…
Read More

The commodity markets have been under pressure in the recent weeks, but Gold prices managed to hold their ground initially but soon gave up to trend lower along with Silver. At the time of writing, Gold prices are down -0.95% on a week to…
Read More

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…
Read More

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…
Read More

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,…
Read More

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…
Read More

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…
Read More

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…
Read More