It isn’t every day that Silver hits a low below $14/oz, but it did so today. In fact, the last time the silver price was this low was in August 2009! According to the Wall Street Journal, today’s rally in oil prices lifted energy stocks and the broader stock market higher, just one day before … Read more

After seeing strong appreciation last week, gold pulled back last week from $1,085.90 to $1,077.20/oz as of closing time on the New York markets. This price is still above the multi-year low set last week of $1,053.55. Silver closed lower as well at $13.93/oz. Some of the market movement was attributable to fears that the … Read more

Precious metals saw a rise in prices across the board last week, with gold up 2.81% to $1086.30/oz and silver up 3.38% to $14.55/oz on the New York Spot Market. These increases came despite both metals touching multi-year lows over the course of the week. Gold showed strong resiliency in the face of the release … Read more