Gold Higher, USD Higher, Stocks Lower + Commodities

Gold Higher, USD Higher, Stocks Lower + Commodities

Gold Higher, USD Higher, Stocks Lower + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold strengthens on risk-off trade China’s growth slows US Dollar (.DXY) Index up on the week Crude Oil futures fall again on supply/demand issues In Asia Gold prices are higher Friday as Asian shares fell on renewed political and economic concerns including China’s weak […]

SILVER 1 OZ 999 NY (XAG=X) sideways as we are digesting recent gains

SILVER 1 OZ 999 NY (XAG=X) sideways as we are digesting recent gains

SILVER 1 OZ 999 NY (XAG=X) sideways as we are digesting recent gains Silver markets continue to be very choppy and sideways, and therefore a bit undecided. I think at this point we are just simply deciding whether or not the recent gains are justifiable. If the US dollar strengthens, that will probably drive down the […]

Gold Ranged, USD Firms + Commodities

Gold Ranged, USD Firms + Commodities

Gold Ranged, USD Firms + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold steady in narrow range Fed mins signal more rate hikes ahead US Dollar (.DXY) Index rises to 1-wk high Crude Oil futures fall for 1st session in 4 In Asia Gold prices held steady in a narrow range Thursday as Asian shares eased, […]

SILVER 1 OZ 999 NY (XAG=X) continue to trade based upon the US dollar

SILVER 1 OZ 999 NY (XAG=X) continue to trade based upon the US dollar

SILVER 1 OZ 999 NY (XAG=X) continue to trade based upon the US dollar Silver markets continue to show signs of strength on Tuesday, reaching towards the $14.90 level before running into resistance. Silver markets will continue to trade based upon the US dollar, so make sure you are paying attention to how it is […]

Gold Edged Down, USD Edged Up + Commodities

Gold Edged Down, USD Edged Up + Commodities

Gold Edged Down, USD Edged Up + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold stays near 2.5 month high as risk aversion lends support In Asia Gold prices edged lower early Wednesday as stocks gained and USD firmed on fading risk-averse sentiment, with the market awaiting mins from the Fed’s FOMC latest policy meeting […]

Gold Holding at 12 Wk Highs+ Commodities

Gold Holding at 12 Wk Highs+ Commodities

Gold Holding at 12 Wk Highs+ Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold stays near 2.5 month high as risk aversion lends support In Asia Gold prices held steady Tuesday near last session’s 2.5 -month high as risk-averse investors sought refuge in the precious Yellow metal amid rising political tensions and economic uncertainty. […]

SILVER 1 OZ 999 NY (XAG=X) Buy Opportunity Especially In Silver Miners

SILVER 1 OZ 999 NY (XAG=X) Buy Opportunity Especially In Silver Miners

SILVER 1 OZ 999 NY (XAG=X) Buy Opportunity Especially In Silver Miners With recent global market weakness we believe that two things will happen. First, gold will confirm its August bottom, and will rise from here. That’s a forecast based on our leading indicators combined with the chart setup (rounding bottom). Second, silver miners likely will outperform, especially if […]

Gold Up, Asian Shares Dip + Commodities

Gold Up, Asian Shares Dip + Commodities

Gold Up, Asian Shares Dip + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices rose early Monday as Asian stocks eased due to concerns about a potential decline in China’s economic growth amid an ongoing trade dispute and signs of tighter monetary policy by the Fed. Spot gold was up 0.3% […]

SILVER 1 OZ 999 NY (XAG=X) Little Change Expected this Week

SILVER 1 OZ 999 NY (XAG=X) Little Change Expected this Week

SILVER 1 OZ 999 NY (XAG=X) Little Change Expected this Week Interest rate increases and higher U.S. bond yields dampen appeal for gold, which offers no yield. They also tend to boost the dollar. A stronger dollar can make dollar denominated assets, like gold, more expensive for potential buyers holding other currencies. Elsewhere in precious […]

Gold Up, USD, US Interest Rates Down+ Commodities

Gold Up, USD, US Interest Rates Down+ Commodities

Gold Up, USD, US Interest Rates Down+ Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT US President Trump says Fed “crazy” for raising interest rates Spot gold may extend gains to $1,237 oz Crude Oil falling on overblown supply issues In Asia Gold Gold prices edged lower Friday, but held near a more than 10-wk highs hit […]

Gold Down, US Interest Rates Up + Commodities

Gold Down, US Interest Rates Up + Commodities

Gold Down, US Interest Rates Up + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Asian shares fall sharply after Wall St tumbles Holdings in SPDR Gold Trust (GLD) rise for 1st time since July US President Trump says Fed “crazy” for raising interest rates In Asia Gold Gold prices inched down Thursday as strong […]

SILVER 1 OZ 999 NY (XAG=X) nice buying opportunity if cautious

SILVER 1 OZ 999 NY (XAG=X) nice buying opportunity if cautious

SILVER 1 OZ 999 NY (XAG=X) nice buying opportunity if cautious Silver markets initially pulled back during the trading session on Tuesday, reaching towards the $14.30 level before bouncing as we did on Monday as well. The candle stick is grinding its way higher, and I think we are trying to put a bit of a […]

Gold Steady, USD Pauses + Commodities

Gold Steady, USD Pauses + Commodities

Gold Steady, USD Pauses + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold prices held steady Wednesday as expectations of more US interest rate increases pressured demand, although the precious Yellow metal drew some support from USD coming off 7-week highs. Spot gold was little changed at $1,189.05 oz at 0513 […]

SILVER 1 OZ 999 NY (XAG=X) Prices Firmer On Short Covering

SILVER 1 OZ 999 NY (XAG=X) Prices Firmer On Short Covering

SILVER 1 OZ 999 NY (XAG=X) Prices Firmer On Short Covering Gold and silver prices are modestly up in early-afternoon U.S. trading Tuesday. Some mild short covering in the futures markets and bottom-fishing in the cash markets were featured in both metals today, following Monday’s solid losses. The U.S. dollar index by midday had backed […]

Gold Dips Below 1200, Investors Buy USDs + Commodities

Gold Dips Below 1200, Investors Buy USDs + Commodities

Gold Dips Below 1200, Investors Buy USDs + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold on track for its biggest daily pct loss since mid-Aug China eases policy on concerns trade dispute with US could hurt growth Speculators cut net short position in COMEX gold in 1st week of October […]

SILVER 1 OZ 999 NY (XAG=X) Prices Pounded By Strong Dollar

SILVER 1 OZ 999 NY (XAG=X) Prices Pounded By Strong Dollar

SILVER 1 OZ 999 NY (XAG=X) Prices Pounded By Strong Dollar Gold and silver prices are solidly lower in early-afternoon U.S. trading Monday, and close to their daily lows. The safe-haven metals did not get any benefit from an uptick in risk aversion to start the trading week today. Instead, both are being pressured by […]

Gold Dips, USD Firms, China China Eases + Commodities

Gold Dips, USD Firms, China China Eases + Commodities

Gold Dips, USD Firms, China China Eases + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices inched lower Monday as USD firmed after China’s central bank eased its domestic policy to support the economy.  Spot gold was down 0.2% at $1,200.31 oz at 0103 GMT, the precious Yellow metal […]

Gold Flat, US NFPs the Focus + Commodities

Gold Flat, US NFPs the Focus + Commodities

Gold Flat, US NFPs the Focus + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices were steady Friday as investors remained cautious after US Treasury yields hit multi-year peaks on expectations that stronger monthly employment data could boost the Fed’s case for a tighter monetary policy. Investors are expected […]

SILVER 1 OZ 999 NY (XAG=X) Buyers Return to Market

SILVER 1 OZ 999 NY (XAG=X) Buyers Return to Market

SILVER 1 OZ 999 NY (XAG=X) Buyers Return to Market Gold prices are slightly lower in early-afternoon U.S. trading Thursday and have visited both sides of unchanged in a choppy session. Global stock markets were lower today, suggesting a bit of risk aversion present in the marketplace. That’s bullish for the safe-haven metals. However, the […]

Gold Down, USD Up + Commodities

Gold Down, USD Up + Commodities

Gold Down, USD Up + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT The USD reached an 11-month high against the Japanese Yen and stood strong Vs other peers, boosted by upbeat US economic data and hawkish comments from Fed Chairman Jerome Powell In Asia Gold Gold prices inched down Thursday, after upbeat US economic […]

SILVER 1 OZ 999 NY (XAG=X) sales soared 151 percent

SILVER 1 OZ 999 NY (XAG=X) sales soared 151 percent

SILVER 1 OZ 999 NY (XAG=X) sales soared 151 percent Silver sales soared 151 percent from August to 1,305,600 ounces, their highest since March 2016. From a year earlier, sales advanced about 87 percent. Silver prices inched up 0.7 percent in September, after falling for three straight months, and marking an over 9 percent decline […]

Gold Up, USD Up + Commodities

Gold Up, USD Up + Commodities

Gold Up, USD Up + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold prices rebounded Tuesday as risk appetite faded after getting a boost from an agreement between the United States, Canada  and Mexico’s (USMCA) free trade deal. Asian stocks fell, with MSCI’s broadest index of Asia-Pacific shares […]

SILVER 1 OZ 999 NY (XAG=X) resistance at $15.07

SILVER 1 OZ 999 NY (XAG=X) resistance at $15.07

SILVER 1 OZ 999 NY (XAG=X) resistance at $15.07  Silver prices closed near mid-range today and hit a four-week high. Prices are in a fledgling three-week-old uptrend on the daily bar chart. The silver bears still have the overall near-term technical advantage but recent price action suggests a market bottom being in place. Silver bulls’ […]

Gold Up a Bit, but USMCA Deal Weighs + Commodities

Gold Up a Bit, but USMCA Deal Weighs + Commodities

Gold Up a Bit, but USMCA Deal Weighs + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold is higher early Tuesday, having dipped Monday, as demand for riskier assets picked up after the United States and Canada reached an agreement to salvage a North American free trade deal aka USCMA. US […]

SILVER 1 OZ 999 NY (XAG=X) market bottom is in place

SILVER 1 OZ 999 NY (XAG=X) market bottom is in place

SILVER 1 OZ 999 NY (XAG=X) market bottom is in place Silver futures bears have the overall near-term technical advantage, Friday’s strong rally and bullish weekly high close suggests a market bottom is in place. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.00 an ounce. The next […]

Gold Slips, USD Firms on Fed Rate Hike + Commodities

Gold Slips, USD Firms on Fed Rate Hike + Commodities

Gold Slips, USD Firms on Fed Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold prices dipped Monday as the USD firmed in the wake of indications from the Fed last week that it will pursue a tighter monetary policy. The Fed raised US interest rates last week and said it […]

SILVER 1 OZ 999 NY (XAG=X) Daily Highs

SILVER 1 OZ 999 NY (XAG=X) Daily Highs

SILVER 1 OZ 999 NY (XAG=X) Daily Highs Silver prices are solidly higher and near the recent four-week high, in morning dealings Friday. Both metals were trading not far from unchanged levels at the opening of U.S. futures trading. Short covering and some bargain buying heading into the weekend are featured. Also, the last trading […]

Gold Down and USD Up on Fed Rate Hike + Commodities

Gold Down and USD Up on Fed Rate Hike + Commodities

Gold Down and USD Up on Fed Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold is down more than 13% from an April high, largely because of the stronger USD Concerns about Iran sanctions led to a widening difference between NYMEX WTI Crude and ICE Brent Crude prices Global mining […]

SILVER 1 OZ 999 NY (XAG=X) seeing pressure from a stronger U.S. dollar

SILVER 1 OZ 999 NY (XAG=X) seeing pressure from a stronger U.S. dollar

SILVER 1 OZ 999 NY (XAG=X) seeing pressure from a stronger U.S. dollar Gold and silver prices are down and have extended overnight losses in early U.S. trading Wednesday. Gold futures prices have dropped to a four-week low. The metals are again seeing pressure from a stronger U.S. dollar index today. Risk aversion remains very […]

Gold Up and USD Up on FOMC Rate Hike + Commodities

Gold Up and USD Up on FOMC Rate Hike + Commodities

Gold Up and USD Up on FOMC Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Thursday, Gold prices rose, as investors looked for bargains after the metal fell a 2-week lows in the prior session following a US interest rate hike and as limited gains in USD after the decision supported demand […]

SILVER 1 OZ 999 NY (XAG=X) still have the firm overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) still have the firm overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) still have the firm overall near-term technical advantage The silver bears still have the firm overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.07 an ounce. The next downside price breakout objective for the bears is closing prices […]

Gold Steady on Flat USD, and FOMC Rate Policy Announcement + Commodities

Gold Steady on Flat USD, and FOMC Rate Policy Announcement + Commodities

Gold Steady on Flat USD, and FOMC Rate Policy Announcement + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices drifting in a narrow range Wednesday as investors awaited cues of the FOMC’s 2-day meeting, where policymakers are expected to raise interest rates for the 3rd time this year. Spot gold was up […]

SILVER 1 OZ 999 NY (XAG=X) are in a holding pattern ahead of the Federal Reserve’s Open Market Committee

SILVER 1 OZ 999 NY (XAG=X) are in a holding pattern ahead of the Federal Reserve’s Open Market Committee

SILVER 1 OZ 999 NY (XAG=X) are in a holding pattern ahead of the Federal Reserve’s Open Market Committee Gold and silver prices are slightly higher in early U.S. trading Tuesday. The precious metals markets and many other markets are in a holding pattern ahead of the Federal Reserve’s Open Market Committee (FOMC) meeting that […]

Gold Flat on Firm USD, China Trade Tensions Continue + Commodities

Gold Flat on Firm USD, China Trade Tensions Continue + Commodities

Gold Flat on Firm USD, China Trade Tensions Continue + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold was steady Tuesday on US-China trade tensions after $200-B of tariffs came into effect, investors stay on the sidelines ahead of the FOMC policy meeting. Spot gold was barely changed at 1,198.28 oz by 0056 GMT. […]

SILVER 1 OZ 999 NY (XAG=X) solid technical resistance at $15.00

SILVER 1 OZ 999 NY (XAG=X) solid technical resistance at $15.00

SILVER 1 OZ 999 NY (XAG=X) solid technical resistance at $15.00 Silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.00 an ounce. Overall, the bias in prices is: Downwards. The projected upper bound is: 14.66. The projected lower […]

Savvy Investors Are Starting To Buy Gold

Savvy Investors Are Starting To Buy Gold

Savvy Investors Are Starting To Buy Gold $GLD, $SLV, $USD. $ABX, $GOLD, $FNV Savvy investors will start stocking up now on gold since roaring inflation is poised to soon ravage global economies, Barron’s reports. “Inflation is starting to pick up in the US and in much of the world as central banks shrink their enormous […]

Gold Down on From USD, as China Halts Trade Talks + Commodities

Gold Down on From USD, as China Halts Trade Talks + Commodities

Gold Down on From USD, as China Halts Trade Talks + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold edged lower Monday, as USD held firm on news that China has cancelled trade talks with the United States, with the market also eyeing this week’s FOMC policy meeting for guidance on […]

SILVER 1 OZ 999 NY (XAG=X) Target $17.50

SILVER 1 OZ 999 NY (XAG=X) Target $17.50

SILVER 1 OZ 999 NY (XAG=X) Target $17.50 While there is room for gold to continue to outperform silver in the near-term, one research firm said the current relationship between the two metals is unsustainable. Silver is forecasted to outperform gold next year as economists at Capital Economics expect the Federal Reserve to be forced to end its rate […]

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities

Gold Prices Up, Easing Trade Concerns Soften USD + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Asian stocks extended gains Friday thanks to Wall Street marking all-time highs, as investors believe that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. […]

SILVER 1 OZ 999 NY (XAG=X) exploded to one of the widest margins in history

SILVER 1 OZ 999 NY (XAG=X) exploded to one of the widest margins in history

SILVER 1 OZ 999 NY (XAG=X) exploded to one of the widest margins in history The gold-silver ratio has exploded to one of the widest margins in history, with gold trading almost 85 times the price of silver. The ratio set by law is supposed to be 15-to-1; how did we get to 85-to-1? This is the […]

Gold Prices Steady, Trade Concerns Pressure USD + Commodities

Gold Prices Steady, Trade Concerns Pressure USD + Commodities

Gold Prices Steady, Trade Concerns Pressure USD + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT In Asia Asian stocks followed global indexes higher Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had on US growth amid the […]

SILVER 1 OZ 999 NY (XAG=X) Next Support at $14.065

SILVER 1 OZ 999 NY (XAG=X) Next Support at $14.065

SILVER 1 OZ 999 NY (XAG=X) Next Support at $14.065 Silver futures bears still have the solid overall near-term technical advantage. There are still no strong, early clues to suggest a market bottom is close at hand. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.07 an ounce. […]

Gold Prices Up, as USD Eases + Commodities

Gold Prices Up, as USD Eases + Commodities

Gold Prices Up, as USD Eases + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT  Gold prices edged up Wednesday, as the USD weakened despite another round of reciprocal tariffs in the US-China trade dispute. In focus 19 September 2018 Spot gold up 0.1 % to 1,199.18 oz by 0044 GMT US gold futures […]

SILVER 1 OZ 999 NY (XAG=X) Found Support

SILVER 1 OZ 999 NY (XAG=X) Found Support

SILVER 1 OZ 999 NY (XAG=X) Found Support December silver futures bears have the solid overall near-term technical advantage. There are no early clues to suggest a market bottom is close at hand. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.07 an ounce. The next downside price […]

Let’s Consider Silver’s Very Low Numbers

Let’s Consider Silver’s Very Low Numbers

Let’s Consider Silver’s Very Low Numbers $SLV, $GLD The Devils Metal will bounce right back up in symmetrical proportionally when the short covering begins to happen. Let’s consider silver’s numbers. The 52-wk low in specs’ silver-futures shorts was 41.5-K contracts in mid-September 2017.  Getting back there would require an astounding 78.6-K contracts of short-covering buying.  […]

SILVER 1 OZ 999 NY (XAG=X) Seeing Some Support

SILVER 1 OZ 999 NY (XAG=X) Seeing Some Support

SILVER 1 OZ 999 NY (XAG=X) Seeing Some Support December silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.00 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $13.50. […]

Gold-Silver Ratio at Highest Mark in 27 Years

Gold-Silver Ratio at Highest Mark in 27 Years

Gold-Silver Ratio at Highest Mark in 27 Years $GLD, $SLV, $OIL, $SPY, $QQQ The Gold-Silver Ratio has been one of the most reliable technical ‘buy’ indicators for Silver, whenever the ratio climbs above 80. The Big Q: Is the current spike in the gold/silver ratio forecasting another stock market crash? The gold-to-silver ratio has moves […]

SILVER 1 OZ 999 NY (XAG=X) undervalued relative to stocks, bonds, gold

SILVER 1 OZ 999 NY (XAG=X) undervalued relative to stocks, bonds, gold

SILVER 1 OZ 999 NY (XAG=X) undervalued relative to stocks, bonds, gold A drop in silver prices this year has attracted investors seeking a bargain, prompting a temporary sellout of the 2018 American Silver Eagle bullion coins at the U.S. Mint this month. “The sellout of Silver Eagles implies that demand for physical [silver] has […]

Looking at the Week: Gold Gains on the Weaker Buck

Looking at the Week: Gold Gains on the Weaker Buck

Looking at the Week: Gold Gains on the Weaker Buck $GLD, $SLV, $USD, $CNH Precious metals finished up Friday despite its dips during the week. Precious metals were up on Friday despite many taking dips earlier in the week. Plus we run through key stories in the space for the week. Both gold and silver prices finished up Friday, 14 […]

SILVER 1 OZ 999 NY (XAG=X) solid technical resistance at $15.00

SILVER 1 OZ 999 NY (XAG=X) solid technical resistance at $15.00

SILVER 1 OZ 999 NY (XAG=X) solid technical resistance at $15.00 Silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.00 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at […]

Can, Will Precious Metals Rise From the Mat?

Can, Will Precious Metals Rise From the Mat?

Can, Will Precious Metals Rise From the Mat? $GLD, $SLV, $MTAFF Gold finished +0.7% to 1210.80 oz in NY Wednesday People are asking me: Can the precious metals rise from the mat? The Big A: Yes. It is important to note that when 2 of the 5 sentiment indicator shift to more positive sentiment, to […]

SILVER 1 OZ 999 NY (XAG=X) recorded its lowest London benchmark price yesterday since the “anti-arb” flash crash of late January 2016

SILVER 1 OZ 999 NY (XAG=X) recorded its lowest London benchmark price yesterday since the “anti-arb” flash crash of late January 2016

SILVER 1 OZ 999 NY (XAG=X) recorded its lowest London benchmark price yesterday since the “anti-arb” flash crash of late January 2016 Silver held flat around $14.12 after recorded its lowest London benchmark price yesterday since the “anti-arb” flash crash of late January 2016, when the auction process fixed at $13.58 – some 80 cents […]

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern

Gold Finished Flat, Rate Hike and Trade Tensions Concern $GLD, $SLV Gold prices held steady during Asian trade Tuesday as investors remained on the sidelines amid expectations of a Fed interest rate hike later this month and on fears of an escalation in the US-China trade dispute. Spot gold was mostly unchanged at 1,195.79 oz […]

SILVER 1 OZ 999 NY (XAG=X) some potential storm clouds on the horizon

SILVER 1 OZ 999 NY (XAG=X) some potential storm clouds on the horizon

SILVER 1 OZ 999 NY (XAG=X) some potential storm clouds on the horizon December silver futures bears have the solid overall near-term technical advantage. There are no early clues to suggest a market bottom is close at hand. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.07 an […]

METALLA ADDS ROYALTY ON AGNICO EAGLE’S SANTA GERTRUDIS GOLD PROPERTY

METALLA ADDS ROYALTY ON AGNICO EAGLE’S SANTA GERTRUDIS GOLD PROPERTY

METALLA ADDS ROYALTY ON AGNICO EAGLE’S SANTA GERTRUDIS GOLD PROPERTY $MTAFF, $AEM, $GLGDF Metalla Royalty & Streaming Ltd. (TSXV: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) announced last Wednesday that it has entered into a purchase and sale agreement to acquire a 2% net smelter return royalty on the Santa Gertrudis gold property located north of Hermosillo in Sonora, […]

SILVER 1 OZ 999 NY (XAG=X) Coming Very Close to a Bottom

SILVER 1 OZ 999 NY (XAG=X) Coming Very Close to a Bottom

SILVER 1 OZ 999 NY (XAG=X) Coming Very Close to a Bottom According to Quartz, silver prices have fallen to their lowest levels since 2016, shedding 17 percent since the start of this year. The metal started 2018 at $553 per kilogram. The highest price for this year was $564/kg which was way back in January. Now, […]

SILVER 1 OZ 999 NY (XAG=X) no early clues to suggest a market bottom is close at hand

SILVER 1 OZ 999 NY (XAG=X) no early clues to suggest a market bottom is close at hand

SILVER 1 OZ 999 NY (XAG=X) no early clues to suggest a market bottom is close at hand December silver futures bears have the solid overall near-term technical advantage. There are no early clues to suggest a market bottom is close at hand. Silver bulls’ next upside price breakout objective is closing prices above solid technical […]

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage December silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.00 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at […]

SILVER 1 OZ 999 NY (XAG=X) hit 21-month lows at $14.16 per ounce

SILVER 1 OZ 999 NY (XAG=X) hit 21-month lows at $14.16 per ounce

SILVER 1 OZ 999 NY (XAG=X) hit 21-month lows at $14.16 per ounce Silver prices today hit 21-month lows at $14.16 per ounce, driving the Gold/Silver Ratio of the two precious metals’ prices up past the 2008 crisis peak to reach 84.5 December silver futures bears have the solid overall near-term technical advantage and gained more […]

SILVER 1 OZ 999 NY (XAG=X) Next Upside $15.50

SILVER 1 OZ 999 NY (XAG=X) Next Upside $15.50

SILVER 1 OZ 999 NY (XAG=X) Next Upside $15.50 December silver futures bears have the overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.50 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $14.00. First resistance […]

SILVER 1 OZ 999 NY (XAG=X) little risk aversion among traders and investors

SILVER 1 OZ 999 NY (XAG=X) little risk aversion among traders and investors

SILVER 1 OZ 999 NY (XAG=X) little risk aversion among traders and investors  Gold and silver prices are lower in early U.S. trading Wednesday. With little risk aversion among traders and investors at present, the safe-haven metals remain on shaky ground. December gold futures were last down $4.70 an ounce at $1,209.50. December Comex silver […]

SILVER 1 OZ 999 NY (XAG=X) Silver Rallies

SILVER 1 OZ 999 NY (XAG=X) Silver Rallies

SILVER 1 OZ 999 NY (XAG=X) Silver Rallies December silver futures bears have the overall near-term technical advantage, but prices hit a two-week high overnight. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.50 an ounce. The next downside price breakout objective for the bears is closing prices […]

SILVER 1 OZ 999 NY (XAG=X) First Target $15.50

SILVER 1 OZ 999 NY (XAG=X) First Target $15.50

SILVER 1 OZ 999 NY (XAG=X) First Target $15.50 December silver futures bears have the overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.50 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $14.00. First resistance […]

SILVER 1 OZ 999 NY (XAG=X) a cheap buy for long-term investors

SILVER 1 OZ 999 NY (XAG=X) a cheap buy for long-term investors

SILVER 1 OZ 999 NY (XAG=X) a cheap buy for long-term investors After a major sell-off, precious metals are a cheap buy for long-term investors, according to Wells Fargo Investment Institute, which highlighted silver as the best investment choice at the moment. “At the top of our commodity buy list are metals, especially precious metals. […]

SILVER 1 OZ 999 NY (XAG=X) rices fell to their lowest level since early 2016

SILVER 1 OZ 999 NY (XAG=X) rices fell to their lowest level since early 2016

SILVER 1 OZ 999 NY (XAG=X) rices fell to their lowest level since early 2016 Gold and silver prices are slightly lower in early U.S. trading Friday, on a quieter day in world markets. Selling interest in the metals is limited by a weaker U.S. dollar index and firmer crude oil prices so far today. […]

SILVER 1 OZ 999 NY (XAG=X) Slightly Down

SILVER 1 OZ 999 NY (XAG=X) Slightly Down

SILVER 1 OZ 999 NY (XAG=X) Slightly Down September silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.50 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $14.00. First […]

SILVER 1 OZ 999 NY (XAG=X) lowest level since early 2016

SILVER 1 OZ 999 NY (XAG=X) lowest level since early 2016

SILVER 1 OZ 999 NY (XAG=X) lowest level since early 2016 Silver saw another bout of intense selling on the futures market and was pushed as low as $14.37/oz. There was no economic news or silver related developments that would account for the deepening sell-off. It is again a purely futures-related price action with no […]

SILVER 1 OZ 999 NY (XAG=X) were hammered lower

SILVER 1 OZ 999 NY (XAG=X) were hammered lower

SILVER 1 OZ 999 NY (XAG=X) were hammered lower Gold and silver bulls remain frustrated their supposedly safe-haven metals have not seen any support from the potential for a secondary currency market crisis that could be looming. December gold was last down $14.40 at $1,186.30 and September silver was down $0.688 at $14.355. Overall, the […]

SILVER 1 OZ 999 NY (XAG=X) hit 17-month low

SILVER 1 OZ 999 NY (XAG=X) hit 17-month low

SILVER 1 OZ 999 NY (XAG=X) hit 17-month low September silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.50 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $15.00. […]

SILVER 1 OZ 999 NY (XAG=X) Heffx Upgrades Silver to a Buy Rating

SILVER 1 OZ 999 NY (XAG=X) Heffx Upgrades Silver to a Buy Rating

SILVER 1 OZ 999 NY (XAG=X) Heffx Upgrades Silver to a Buy Rating If the futures market still influences gold’s price, then that price is going to spike. And silver is better than gold. Since January, gold futures speculators have been trending from extremely bullish to scared short. And in the week ending last Tuesday […]

SILVER 1 OZ 999 NY (XAG=X) Bulls Working To Stabilize Prices

SILVER 1 OZ 999 NY (XAG=X) Bulls Working To Stabilize Prices

SILVER 1 OZ 999 NY (XAG=X) Bulls Working To Stabilize Prices Like gold and many other commodities over recent weeks, the price of silver remains close to its lows. Silver is both a precious and an industrial metal and its long history of incredible price volatility at times has caused speculators to flock to the […]

SILVER 1 OZ 999 NY (XAG=X) Prices Weaker On Bearish Outside Markets

SILVER 1 OZ 999 NY (XAG=X) Prices Weaker On Bearish Outside Markets

SILVER 1 OZ 999 NY (XAG=X) Prices Weaker On Bearish Outside Markets September silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.75 an ounce. The next downside price breakout objective for the bears is closing prices below solid […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE ICE Brent Crude at 73.55, and NYMEX WTI Crude at 68.78 look Neutral. WTI Crude  is ranged in here within 69.0-67.5, and may rise above 69, Brent Crude could move above 74 and could not in here. Gold At 1224.20 is up […]

SILVER 1 OZ 999 NY (XAG=X) lack of fresh major fundamental news

SILVER 1 OZ 999 NY (XAG=X) lack of fresh major fundamental news

SILVER 1 OZ 999 NY (XAG=X) lack of fresh major fundamental news Gold and silver prices are mildly lower in early U.S. trading Tuesday. Low risk aversion in the world marketplace continues to hamper the safe-haven metals. Also, the lack of fresh, major fundamental news is emboldening the chart-based sellers, most of whom are bearish […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE ICE Brent Crude at 73.36 and NYMEX WTI Crude at 68.95 bounced supports, and they could start moving up medium term towards 78 and 72 in here. Gold at 1216.20 came off and can test to 1200 next week. Then a bounce from 1200 is […]

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.7% on the morning of Thursday August 2. Precious metals were broadly stronger this morning; platinum rose by 0.6%, palladium and gold were up by 0.2% […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE ICE Brent Crude at 72.79 has come down, it could test 72.50 before the price could rise back over the next couple sessions. Support is likely to hold and could possible take the price higher soon. Nymex WTI at 67.97 sees support at […]

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage

SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage The silver market saw lackluster activity for the second consecutive month. The LBMA said that the volume of silver traded last month dropped by 1.2% to 229.1 million ounces. Silver prices were relatively stable in June with the LBMA reporting an average price of […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 68.35)could bounce from support at 68. There is little support below 68. ICE Brent Crude at 73.89 came off from 76 and continues to lower. A test of support at 72.50 is possible now. Note: Both the Crude Oil […]

SILVER 1 OZ 999 NY (XAG=X) awaiting the results of the latest FOMC meeting

SILVER 1 OZ 999 NY (XAG=X) awaiting the results of the latest FOMC meeting

SILVER 1 OZ 999 NY (XAG=X) awaiting the results of the latest FOMC meeting Silver futures positions held are rapidly approaching levels that in the past have marked the start of strong rallies higher. This week, traders are awaiting the results of the latest FOMC meeting. No rate hikes are expected at this latest sit-down, […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 70.14, +0.01%, and ICE Brent Crude at 75.44, +0.63% bounced from support on the longer term charts and now look Bullish medium term. ICE Brent Crude could move to 78, NYMEX WTI Crude to 72. Gold at 1229.920, -0.13% […]

SILVER 1 OZ 999 NY (XAG=X) Heffx Issues a Buy Rating

SILVER 1 OZ 999 NY (XAG=X) Heffx Issues a Buy Rating

SILVER 1 OZ 999 NY (XAG=X) Heffx Issues a Buy Rating Despite bullion’s current lack of popularity, it tends to react well to ballooning government deficits and debts, which is what’s been happening in the US. Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 68.82, +0.19% at 1st support, while that holds, a fall below 68 seems unlikely. A rise from 68 is possible in here, targeting 71. Near term looks Bullish above 68. ICE Brent Crude at 74.22, -0.09% is […]

SILVER 1 OZ 999 NY (XAG=X) no major fundamental news

SILVER 1 OZ 999 NY (XAG=X) no major fundamental news

SILVER 1 OZ 999 NY (XAG=X) no major fundamental news Gold prices are moderately lower and silver prices are slightly down in early U.S. trading Thursday. Bearish near-term technical postures for gold and silver combined with no major fundamental news to drive the markets at present are allowing both metals prices to drift sideways to […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 69.55 can test at 71-72 before comes off medium term. We wait, we watch for now. ICE Brent Crude at 74.40 has bee moving up fro support at 71, while that holds the price may target 76 soon. […]

SILVER 1 OZ 999 NY (XAG=X) Bearish Near Term Outlook

SILVER 1 OZ 999 NY (XAG=X) Bearish Near Term Outlook

SILVER 1 OZ 999 NY (XAG=X) Bearish Near Term Outlook September silver futures bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $16.00 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI Crude at 69.40, and ICE Brent Crude at 74.41 are trying to move up, while that continues, WTI Crude could move up towards 71-72 while Brent Crude could test 76+  near term. Gold (1232.40) if sustains a rise above 1230, could […]

SILVER 1 OZ 999 NY (XAG=X) Buy into Dips

SILVER 1 OZ 999 NY (XAG=X) Buy into Dips

SILVER 1 OZ 999 NY (XAG=X) Buy into Dips Silver remain above key levels, the inflation picture continues to heat up, and record amounts of debt are towering all around us. Therefore, the recent selloff is overwhelmingly likely a transient phenomenon, mostly decoupled from any intermediate or long term fundamentals, and represents a very compelling […]

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