Both gold and silver held tough last week as the new year’s bear market continued to pummel stock investors. In a week where oil plunged over 11% and the S&P 500 was down 2%, gold and silver finished down less than 1%. In this new year, the diversification value of owning gold couldn’t be clearer. … Read more

2016 kicked off to a rocky start last week with sharp sell-offs across global equity markets, a 6% drop for the S&P 500 and falling oil prices as well. This was, in fact, the worst starting week for the S&P 500 in its entire history. As you might expect, gold and silver remained resilient as … Read more

As 2015 rang into 2016, both silver and gold ended their final trading sessions at prices below their 2014 close. Gold finished its last trading session at $1,061.90/oz., compared to $1,184.30/oz at the end of 2014. Silver closed 2015 at $13.84/oz., down from $15.64/oz. a year ago. ARE YOU OPTIMISTIC? You should be. Gold and … Read more

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

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

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