Tag: Precious Metals

Daily Bullion Market Update 7/07/11

Daily Bullion Market Update 7/07/11

GOLD Up, Up, and Away… the Gold rally continues with gold trading at $1,532.10, up another $3.40 an ounce at 11am PDT. It’s becoming more and more clear that the primary issue driving gold prices both up and down is DEBT. Whether it is Euro Debt, Japanese Debt, or lifting the U.S. Debt ceiling, both […]

Daily Bullion Market Update 7/06/11

Daily Bullion Market Update 7/06/11

GOLD Gold was up another $20.10 per ounce today, trading at $1,528.70 at 11am PDT, on negative Eurozone news. Moody’s gave the markets a painful reminder late yesterday that the debt crisis in the peripheral Eurozone countries is far from over. Moody’s lowered Portugal’s credit rating four notches (to Ba2) and further unsettled investors when […]

Daily Bullion Market Update 7/1/11

Daily Bullion Market Update 7/1/11

By Barry Stuppler – MintStateGold.com GOLD Gold is trading at $1,487.20 at 11am PDT, down $19.40 per ounce. With no clear reason for the selloff, this morning I called some friends who trade precious metals at the New York & Chicago Commodity Markets to ask why gold and silver prices are down today. Here is […]

Daily Bullion Market Update 6/29/11

Daily Bullion Market Update 6/29/11

By Barry Stuppler – MintStateGold.com GOLD Gold rallied in Asia as news from Greece indicated that the parliament was going to pass the austerity plan. Finally, in the face of a nationwide 48-hour strike and violent clashes in the Greek capital of Athens, the Greek parliament has voted in favor of a drastic $40.3 Billion […]

Daily Bullion Market Update 6/28/11

Daily Bullion Market Update 6/28/11

By Barry Stuppler – MintStateGold.com GOLD Gold is trading at $1,501.40 at 11am PDT, up $3.20 per ounce as the current correction ends and the market starts to build a new trading range and base. The middle class is emerging in China, with over one million new Chinese millionaires in the past two years.  China’s […]

Daily Bullion Market Update 6/27/11

Daily Bullion Market Update 6/27/11

By Barry Stuppler – MintStateGold.com GOLD Gold was down $38.20 last week, closing at $1,500.90 per ounce. Gold dropped $52.50 on Thursday and Friday after Fed Chairman Ben Bernanke gave no hint of the next round of quantitative easing at his news conference, and the release of 60 Million Barrels of Oil from the International […]

Daily Bullion Market Update 6/24/11

Daily Bullion Market Update 6/24/11

By Barry Stuppler – MintStateGold.com GOLD Very active trading in the Gold pits yesterday and today. A spark rally in the U.S. dollar (versus the Euro) and a sizeable correction in the world’s crude oil price have put precious metals on the defensive. This morning, gold tested long term support, breaking the $1,500 mark then […]

Daily Bullion Market Update 6/23/11

Daily Bullion Market Update 6/23/11

By Barry Stuppler – MintStateGold.com GOLD At 11am PDT Gold is trading at $1,523.80, down $29.80 per ounce (1.9%) in very active trading. After seven up-days in a row for Gold and Silver, with Silver increasing over $2 an ounce and Gold up $38, it took a Fed Chairman Ben Bernanke news conference and a […]

Daily Bullion Market Update 6/22/11

Daily Bullion Market Update 6/22/11

By Barry Stuppler – MintStateGold.com GOLD Gold continues to move higher on weak economic news and world events. At 11am PDT, Gold is at $1,553.60, up $8.30 an ounce in active trading. We anticipate a market reaction after Fed Chairman Bernanke’s news conference later today. The Federal Reserve Open Market Committee (FOMC) stated earlier today […]

Daily Bullion Market Update 6/21/11

Daily Bullion Market Update 6/21/11

By Barry Stuppler – MintStateGold.com GOLD Both Gold and Silver continue their bullish rally for the fourth day in a row, approaching the high end of the trading range. We could easily be off and running when Gold breaks above $1,577 (the May high). At 11pm PDT gold was up $4.20, trading at $1,545.30 per […]

Daily Bullion Market Update 6/20/11

Daily Bullion Market Update 6/20/11

By Barry Stuppler – MintStateGold.com GOLD With the Euro Group finance ministers postponing a decision on another Greek rescue package until mid-July, gold is still acting as the safe haven for capital. At 11am PDT, Gold is trading at $1,541.10 an ounce, surprisingly up $3.10 on a stronger U.S. Dollar (versus the Euro) and lower […]

Daily Bullion Market Update 6/17/11

Daily Bullion Market Update 6/17/11

By Barry Stuppler – MintStateGold.com GOLD Active trading today in gold for a Friday, with the Greek debt issue and the U.S. dollar’s weakness being the drivers of the market. At 11am PDT Gold was up $8.80 at $1,538.10 per ounce. It appears as if the Eurozone has come up with a temporary fix to […]

Daily Bullion Market Update 6/16/11

Daily Bullion Market Update 6/16/11

By Barry Stuppler – MintStateGold.com GOLD Today’s domestic and oversees gold trading was within a narrow range from $1,520 to $1,534 watching developments in Greece (See Greek austerity program below) and other PIIGS country debt trading. At 11am PDT gold was trading at 1,529.30, up $3.30 an ounce from yesterday. New Greek austerity measures Hiking […]

By June 16, 2011 1 Comments Read More →
Daily Bullion Market Update 6/15/11

Daily Bullion Market Update 6/15/11

By Barry Stuppler – MintStateGold.com GOLD Gold rallied today on Greek debt concerns and in the face of a sharp increase in the U.S. Dollar (versus the Euro) and a $5 drop in Crude Oil. Gold is proving to be the ultimate safe haven in time of crisis.  At 11am PDT gold was trading at […]

By June 15, 2011 0 Comments Read More →
Daily Bullion Market Update 6/14/11

Daily Bullion Market Update 6/14/11

By Barry Stuppler – MintStateGold.com GOLD As of 11am PDT today, Gold was trading at $1,522.80, up $4.40 an ounce on active trading. Gold reached $1,511 in Asian trading this morning before demand drove the price higher. Surprisingly the Gold market shook off this morning’s negative Chinese economic news and central bank tightening. Gold appears […]

Daily Market Update 6/13/11

Daily Market Update 6/13/11

By Barry Stuppler – MintStateGold.com GOLD As of 11am PDT, the spot price of Gold is $1,518.40, down $15.60 from yesterday’s quote. Gold fell today due to a stronger U.S. dollar value (versus the Euro) and a 2.5% drop in the price of Crude Oil. The dollar rallied today after Standard & Poor’s announced they […]

Gold And Silver Prices Clobbered Repeatedly, Hit Bottom, Start To Recover!

Gold And Silver Prices Clobbered Repeatedly, Hit Bottom, Start To Recover!

By Patrick A Heller – Liberty Coin Service Beware June 30–The End Of QE2! US Government Takes Two More Steps Toward Nationalization Of Private Retirement Account Assets! In aftermarket trading on April 29, the price of gold reached around $1,570 and silver climbed to about $49.50. With building momentum, it looked like gold had a […]

Daily Bullion Market Update 6/10/11

Daily Bullion Market Update 6/10/11

By Barry Stuppler – MintStateGold.com GOLD A combination of a sharp increase in the value of the U.S. Dollar (versus the Euro) and a sizeable drop in the value of Crude Oil led to an $8.30 correction in Gold price today, closing at $1,534 per ounce.  The U.S. Dow Jones industrial average was also down […]

DGSE Announces the Grand Opening of its First Two DGSE Bullion Express Locations

DGSE Announces the Grand Opening of its First Two DGSE Bullion Express Locations

DGSE Companies, Inc. (NYSE Amex: DGSE), which buys and sells jewelry, fine watches, diamonds, rare coins and precious metals products via traditional and internet channels announces the successful launch of its DGSE Bullion Express Stores with the recent opening of its first two locations in Woodland Hills, California and Dallas, Texas. DGSE Bullion Express will […]

By June 10, 2011 0 Comments Read More →
Daily Bullion Market Update 6/09/11

Daily Bullion Market Update 6/09/11

By Barry Stuppler – MintStateGold.com GOLD Gold increased in value today by $6.20, closing at $1,542.30 on average volume. Some U.S. economic data was released today (See Below) that showed a slowing of the U.S. economy. The dollar rallied and crude oil is up slightly today. The term for gold trading this week is ‘range […]

Daily Bullion Market Update 6/08/11

Daily Bullion Market Update 6/08/11

GOLD Gold is down $9.20 today, closing at $1,536.10 in reaction to Ben Bernanke’s speech late yesterday. Bernanke, Chairman of the Federal Reserve, offered no hints of further U.S. monetary easing but did acknowledge the economy has slowed. The Dollar strengthened and the gold/silver mining stocks sold off. This is not surprising to me, whether […]

Daily Precious Metals Market Update 6/07/11

Daily Precious Metals Market Update 6/07/11

By Barry Stuppler – MintStateGold.com GOLD Gold fell $1.10 an ounce today to $1,536.00 with trading in a very narrow range. Gold firmed up above the $1540 level on weaker prices for the U.S. dollar and crude oil. The market is awaiting direction from the Federal Reserve Chairman. Ben Bernanke is speaking this afternoon to […]

Daily Bullion Market Update 6/06/11

Daily Bullion Market Update 6/06/11

By Barry Stuppler – MintStateGold.com GOLD Gold closed today at $1,547.10, up $4.30 an ounce on light trading as the Chinese markets were closed for the Dragon Boat Holiday. The U.S. Dollar continues to be weak versus the Euro, reaching $1.46 to a euro. The geopolitical issues are in the news, with tensions at the […]

Gold Coin and Bullion Market Report

Gold Coin and Bullion Market Report

June 2011 Long Beach Expo Ryan Fisher – U.S. Coins, Trader Interviewer: David Lisot Ryan Fisher discusses the gold trading at the Long Beach Expo along with commentary about why people come to the convention. 2:22   Gold Coin and Bullion Market Report Long Beach Expo Copyright © June, 2011

Daily Precious Metals Market Update 6/03/11

Daily Precious Metals Market Update 6/03/11

by Barry Stuppler – MintStateGold.com GOLD Gold rallied today on a weaker Dollar and poor economic news, closing at $1,542.80, up $10.70 per ounce. Why would the value of gold increase because of poor economic news? Because it increases the likelihood of continued low interest rates and additional government or Federal Reserve stimulus programs. The […]

Daily Bullion Market Update 6/02/11

Daily Bullion Market Update 6/02/11

GOLD Gold closed today at $1,532.10, down $14.70 an ounce on very active trading. The Gold price ranged today from a low of $1,518 to a high of $1,544. Gold initially sold off when Crude Oil prices dropped on reports of higher than expected inventories of Crude Oil and Gasoline. This, combined with the concerns […]

Daily Bullion Market Update 5/26/11

Daily Bullion Market Update 5/26/11

GOLD Gold closed at $1,522.90, down $5.70 an ounce on average trading volume.  The Gold market is taking direction from the Greek debt crisis.  As the situation appears to be heading to a Greek debt default — gold and the dollar rally. When information comes out about a possible resolution to the problem — gold […]

Daily Precious Metals Market Update 5/25/11

Daily Precious Metals Market Update 5/25/11

GOLD Gold closed at $1,528.80, up $5.20 for the day on active trading. Gold rose for a fourth straight session (the longest rally in three weeks) as Europe’s debt crisis increased investor demand for the precious metal as a protection of wealth. This rally is amazing in light of the strong U.S. Dollar versus the […]

Daily Bullion Market Update 5/24/11

Daily Bullion Market Update 5/24/11

By Barry Stuppler – MintStateGold.com GOLD Gold has broken through its resistance level today, closing at $1,523.60, up $7.80 an ounce on excellent volume. It was confirmed today that China has overtaken India as the world’s largest purchaser of gold at 90.9 million tons in gold bars and coins for the first quarter of 2011. […]

Mint State Gold Daily Market Update 5/23/11

Mint State Gold Daily Market Update 5/23/11

By Barry Stuppler – MintStateGold.com GOLD Gold, closed at $1,515.80 an ounce, surprisingly up $.90 in the face of a strong U.S. dollar, on active trading. The latest Greek debt problem has caused a strong dollar versus the Euro. This means that the Gold price is near an all-time high valued in Euros, while its […]

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