Precious metals ended up closing out the week and month in fairly poor fashion, with losses abounding over the past week or more. In their defense, precious metals have recently been falling victim to a general lack of noteworthy events or pieces of economic data. Though it is typical for August to be a slow […]

Precious metals are trading slightly lower today in response to some upbeat economic data from the United States. With that said, it is becoming clear that the selling pressure is extremely limited due to the market’s continued focus on geopolitical happenings from around the globe. In truth, this week was fairly quiet due to the […]

Precious metals spent a majority of this week trading downwards in direct response to some better than anticipated US economic data. In fact, this week as a whole saw investors focus their attention on few things that weren’t directly related with the heavy slate of US economic reports. Despite the month of July being somewhat […]

Precious metals are trading downwards on a day where many people had expected nothing but the opposite to happen. The biggest piece of news on the slate today has to do with the downing of a Malaysian Airlines flight over Ukraine on Thursday. The situation is still unfolding and investigations into what exactly happened prior […]

Gold and silver spot values traded sideways today, but have done particularly well this week. A plethora of news stories turned this 5-day session into one that was far more exciting than originally anticipated. With worries surrounding the financial system in Europe, violence in the Middle East, and the potential for raised interest in the […]

Gold and silver spot values edged higher to close out what has proven to be yet another positive week for metals. Despite there being only limited amount of economic data on the slate for this week, precious metals were able to retain recent momentum and close the week a bit higher than where they opened. […]

Gold and silver spot values finished the week in elevated positions for the first time in the last three. Though this week proved to be generally quiet and lacking any fresh economic data, it also proved to be a positive one for metals by the time things were said and done. Rallying US equities finally […]

Gold and silver finished Friday slightly down due to a stronger than expected US non-farms report for May. In general, this week was full of economic data from both the United States and Europe, highlighted yesterday by the European Central Bank’s monthly policy meeting. The meeting and its outcomes were to be expected, though the […]

Gold and silver are just about to wrap up what has been a week they would like to quickly forget. For the most part, the last four trading days have been somewhat quiet due to a lack of economic data and a number of investors holding their positions ahead of next week’s European Central Bank […]

Gold and silver spot values are edging lower on the final day of what has been a forgettable trading week. Investors in the United States and United Kingdom are gearing up for a long weekend and despite the growing risk-averse attitude of worldwide investors, precious metals are still feeling plenty of downward pressure. The crisis […]