Metals Gain Ahead of Fed
Gold and silver advanced for the second and third session respectively, with gold said to be “getting a bid as the dollar weakened and China has announced some stimulus program,” described as a...
View ArticleSilver Price Seen Struggling—To Go Any Lower
Referencing the above chart of The Disparity Index (TDI), for silver, which measures the relative position of its current price to the 40-week moving average, Gary Christenson calls attention to “the...
View ArticleGold/Silver Ratio Tops 70
With spot silver slumping 2.5% on Tuesday, and silver futures diving 19% for the quarter, the biggest drop since mid-2013, the falling price is bringing out the coin buyers. The 4.1 million 2014...
View ArticleMetals Take Small Steps in Right Direction
As gold futures inched down on Thursday, and silver added about a half a percent, Comerzbank analysts noted that “Gold and silver have recovered somewhat from their respective multi-month and multiyear...
View ArticleMetals Quiet Ahead of Fed
Silver and gold futures inched up and down respectively on Monday, with the market said to be in “a wait-and-watch mode” ahead of this week’s FOMC meeting. One reason that gold “came under pressure”...
View ArticleMetals ‘Creep Back’ After ‘Leaky’ Poll
A poll indicating a drop in support for the “yes” vote in the Swiss gold initiative was initially cited for gold futures falling 1.5% Wednesday morning. But as the above chart shows, investors bought...
View ArticleMetals Seen Riding ‘Wave’ Higher
In a Mineweb article published earlier this week, by Lawrence Williams and headlined “Elliott Wave analyst sees big gold and silver price surge ahead,” Williams reference’s Wikipedia’s definition of...
View ArticleMetals Gain as China, Netherlands Surprise
Spot silver gained 1.5% on Friday and gold added 0.9% “after a surprise rate cut by China fueled expectations demand could rise in the world’s biggest consumer” of gold, reports Reuters. “Any measures...
View ArticleSwiss Gold Vote Coverage Ramps Up
As the non-financial mainstream media begin focusing on Sunday’s Swiss gold referendum, USA Today reports a Bank of America prediction that “the price of gold could jump to more than $1,350 an ounce —...
View ArticleTaking Stock: Metals Gain on Equities’ Pain
Despite falling a fraction of a percent on Friday, spot silver and gold added 4.4% and 2.6% respectively on the week, as the Dow ended its worst week since 2011, reports Bloomberg, finishing Friday’s...
View Article
More Pages to Explore .....