SPOT MARKET gold bullion prices fell to $1430 an ounce Monday, 1.2% down on where they ended last week, as stock markets also fell and the US Dollar held onto most of its gains from last week.
Silver fell to $23.70 an ounce – 0.8% down on... read more »
By Allen Rowe - Northern Nevada Coin ……….
With the recent declines of precious metals many are asking the question, “why?” In reality the answer could be attributed to many different factors and influences, but one... read more »
SPOT MARKET gold bullion prices fell to two-week lows Friday, drifting lower towards $1440 an ounce during this morning’s London session before dropping sharply through that level, as stocks gained and most commodities fell as the Dollar... read more »
By Ben Traynor – BullionVault …………..
What exactly does ‘speculative net long’ mean…?
EVERY FRIDAY, the Commodity Futures Trading Commission publishes data that enable analysts to ‘take the... read more »
GOLD started the week by edging higher Monday, trading around $1475 per ounce by lunchtime in London, as stocks also gained, US Treasuries were broadly flat and the Euro edged higher against the Dollar following news that Italy’s borrowing... read more »
GOLD drifted lower towards $1460 an ounce Friday morning in London, having climbed to its highest level since last week’s price drop at $1485 during Asian trading.
“The next resistance level is $1487,” says a note from technical... read more »
By Patrick A. Heller
Commentary on Precious Metals Prepared for CoinWeek.com …..
One of the circulating rumors is that the reason for the major gold and silver price suppression over the past 11 days was to prevent a major default of London... read more »
THE U.S. DOLLAR gold price drifted back down towards $1420 per ounce Wednesday morning in London, around 1.3% up on the week so far, amid ongoing reports of strong demand for physical gold bullion.
“The bounce in price-sensitive physical... read more »
CoinWeek President David Lisot was a Guest on Fox Business News’‘ popular Varney & Company this morning (4-16-13).
David spoke with Peabody Award winning host Stuart Varney about the dramatic pullback in gold over the last several... read more »
by Al Doyle for CoinWeek ……
Anyone with even a marginal interest in precious metals is aware of the brutal beatdown in gold and silver spot prices over the past four days. From its April 12 London close of $1535.50, gold fell off the cliff... read more »
SPOT MARKET gold prices fell to a fresh two-year low in Tuesday’s Asian trading, dropping to $1322 per ounce, before rallying back above $1386, as stock markets extended yesterday’s losses.
Silver dropped to its lowest level since... read more »
by Louis Golino for CoinWeek ………
Over the course of the last two trading days, April 12 and 15, gold has suffered its worst decline in dollar and percentage terms since 1983, going from almost $1600 to about $1350 in the past week . A... read more »
SPOT MARKET gold prices fell to a two-year low below $1400 an ounce Monday morning, extending Friday’s drop that took gold into bear market territory under the definition of a 20% fall from its peak.
Silver fell as low as $23.11 an ounce,... read more »
Small Speculators Slash Bullish Bets on Futures Market
The GOLD PRICE ticked lower against the US Dollar early Monday, but held onto the bulk of Friday’s sharp rally at $1577 per ounce as world stock markets rose alongside commodities.
Silver... read more »
U.S. DOLLAR prices to buy gold dipped back below $1600 an ounce Tuesday morning, though they remained close to that level by lunchtime in London, as the physical bullion market re-opened following the Easter break.
Stock markets edged higher... read more »