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December: Gold and Silver at historic lows

As 2015 draws to a close, how exciting to see both gold and silver hovering near the lowest prices we’ve seen since 2010! Whether you acquire precious metals for diversification or some other purpose, it is an excellent time to be keeping a close eye on the metals markets. Last week was short for the … Read more

The Week In Precious Metals

Gold finished last week at $1,066/oz., just slightly lower than the previous week’s close. Silver ended slightly higher at $14.15/oz. It is a very interesting time in the market, as both metals actually hit multi-year lows during the week. Gold dipped below $1,050/oz. for the first time since 2009! The market was focused on one critical … Read more

Silver Price Alert: Lowest since Aug 2009!

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

The Week In Precious Metals

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

The Week in Precious Metals

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