Gold and silver spot values are continuing to trend downward on the final day of what has been an interesting week. Investors are all over the place with regard to their speculation about the current state of the US economy. Though there was not very much economic data made public this week, what data was […]
Gold and silver were trading up to begin the day but have since conceded those gains and are trading slightly lower. There are very few pieces of economic data on the slate today, something that is not hurting precious metals but definitely not helping them either. The crisis in Ukraine will more than likely absorb […]
Despite a host of factors working against gold and silver over the last few days, both metals are trading sharply higher as of midday on Friday. This week brought with it an absurd amount of economic data, most of which was from the United States and was better than market expectations. There were a few […]
Gold and silver are trading higher today, but are currently lower than mid-morning highs which saw spot gold up nearly $20 while spot silver was up more than 20 cents. Despite gains diminishing a bit, both gold and silver are still in upbeat positions. A risk-averse attitude is slowly but surely emerging among investors who […]
Gold and silver are trading slightly lower on Friday but will be happy about their positions to end the week. As opposed to the last few 5-day trading sessions, gold and silver were able to post gains and end the weekend above key resistance levels. Currently, gold is above the $1,300 threshold while silver is […]
For the first time in nearly two whole weeks, spot gold and silver are trading sharply higher. Despite a bearish market being a mainstay for gold and silver over the past 8 or more trading sessions, Friday’s weaker than anticipated US jobs data for March flipped the script for metals. While this is the most […]
Gold and silver have taken part in a lot of price movement over this 5-day trading session, but almost all of it has been downward. A lack of any new bullish data is making it difficult for gold and silver to make gains and as the tensions in Ukraine continue to calm down, safe-haven demand […]
Gold and silver spot values are trading a bit higher on Friday, but are on course to end this week having posted their most significant weekly losses thus far this year. After last weekend’s referendum in Crimea failed to spill over into violence, the marketplace almost immediately lost interest. This sounds a bit morbid, but […]
Gold and silver opened up trading in positive fashion for the third consecutive day on Friday. For the week, spot gold is up well over $40/ounce while silver is on its way to improving by a whole dollar for the week. The reason for gold and silver’s upward trend this week? Look no further than […]
After beginning the day in somewhat positive fashion and looking like they were going to end with weekly gains, precious metals have since declined in value thanks to an upbeat employment report for February. In addition to today’s upbeat employment data, the Labor Department also revised previous month’s reports which showed larger increases in added […]