Blog Archives

April 16th Midweek Silver Market Update

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Gold and silver are moving in opposite directions but are both hovering around even for the day. The opposite, yet marginal movement shown by both gold and silver today is indicative of the conflicting reports that have been surfacing lately.

Posted in Market News

April 9th Midweek Silver Market Update

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Gold and silver are trading slightly down on Wednesday due to a technical correction. Investors are mostly holding their positions until the release of the latest FOMC minutes, expected to be released later this afternoon. The market is still trying

Posted in Market News

April 2nd Midweek Silver Market Update

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Over the course of the past week or so gold and silver have gone on a pretty awful run as far as spot values are concerned. Just barely more than a week ago spot gold was flirting with the $1,400/ounce

Posted in Market News

March 26th Midweek Silver Market Update

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This week has been particularly quiet for investors, though spot gold and silver continue to decline. There have been very few new geopolitical developments and what economic data was released so far has had little impact on the spot values

Posted in Market News

March 19th Midweek Silver Market Update

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Gold and silver are trading significantly lower for the third consecutive day this week thanks to profit-taking and a lack of any new bullish data to drive metals forward. The Federal Open Market Committee is set to wrap up their

Posted in Market News

March 12th Midweek Silver Market Update

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Gold and silver are trading significantly higher through the first half of the day Wednesday, helped by rising tensions in Crimea and a rapidly declining US Dollar. While US economic data for the day and the week are both relatively

Posted in Market News

March 5th Midweek Silver Market Update

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Gold and silver are trading slightly up today despite an increase in investor risk-appetite. The tumultuous situation in Ukraine seems to be calming down, though it is far from resolved. Reports say that leaders from Ukraine, Russia, and the West

Posted in Market News

February 26th Midweek Silver Market Update

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Gold and silver are both trading lower today, mostly thanks to profit-taking by investors who are cashing in on the last few weeks’ rally by precious metals. Profit-taking wasn’t the only factor working against gold and silver today either, because

Posted in Market News

February 19th Midweek Silver Market Update

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Gold and silver have conceded some ground in the early parts of this week, though after the progress both metals made last week it makes more sense. Tuesday and today’s marginal losses have been attributed to mild profit-taking as well

Posted in Market News

February 12th Midweek Silver Market Update

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Gold and silver are seeing safe-haven demand pick up all across the globe and simultaneously seeing their respective spot values rise to levels not seen in a few months. Yesterday’s big news centered around Janet Yellen, newly appointed chairperson of

Posted in Market News

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