• Gold: 1,339.31 -0.71
  • Silver: 14.84 -0.00
  • Euro: 1.122 0.001
  • USDX: 97.558 0.072
  • Oil: 52.1 -0.47

April 4: Gold and Silver Erase Early Gains To End Mixed

Gold gained $16.40 to $1348.10 at about 9AM EST before it slid back lower into the close, but it still ended with a gain of 0.13%. Silver chopped between $16.528 and $16.248 and ended with a loss of 0.67%.

Silver Finally Starts To Catch Up With Gold

Based on the gold/silver ratio one would expect silver to do better than gold even if both are rising. And based on the COT report, gold should fall while silver rises. Today the metals finally started to behave this way, with silver rising and gold falling.

April 5: Gold and Silver End Mixed Before Jobs Day

Gold fell $10.60 to $1322.80 at about 9:30AM EST before it bounced back higher into the close, but it still ended with a loss of 0.53%. Silver dropped down to $16.181 in Asia, but it then rose to as high as $16.417 in New York and ended with a gain of 0.49%.

April 6: Gold and Silver Find Slight Gains on the Week

Gold fell $6 to $1320.30 in Asia before it climbed up to $1335.20 in early New York trade and then drifted back lower at times, but it still ended with a gain of 0.51%. Silver chopped between $16.258 and $16.489 and ended with a loss of 0.18%.

The Beautiful Chartology of SLV

SLV along with the PM stocks have been under performing gold in a pretty significant way. Normally you would like to see the PM stocks outperforming gold on the front end of a bull market similar to what we saw back in the beginning of the 2000 bull market in the PM complex. So far that hasn’t been the case.

April 9: Gold Rises and Silver Gains Nearly 1%

Gold fell $6.10 to $1326.90 in London, but it then rallied back higher in New York and ended near its late session high of $1337.90 with a gain of 0.32%. Silver rose to as high as $16.552 and ended with a gain of 0.86%.

The 4 Biggest Signs For Silver - Mike Maloney Insider's Preview

There are some unprecedented events occurring in the precious metals markets right now - find out about the four biggest signs for silver in this delayed preview of Mike Maloney's Insiders Report (made available to customers on April 3, 2018).

April 10: Gold and Silver Gain with Stocks and Oil

Gold dipped $6 to $1331.30 in Asia before it bounced up to $1342.40 in early afternoon New York trade and then drifted back lower at times, but it still ended with a gain of 0.25%. Silver chopped between $16.435 and $16.645 and ended with a gain of 0.48%.

April 11: Gold and Silver Gain with Oil While Stocks Fall

Gold gained $24.40 to as high as $1365.10 in late morning New York trade before it fell back under $1350 by a little after 2PM EST, but it then bounced back higher into the close and ended with a gain of 0.78%. Silver rose to as high as $16.866 and ended with a gain of 0.48%.

April 12: Gold and Silver Fall Over 1%

Gold saw slight gains in Asia, but it then fell throughout most of trade in London and New York and ended near its late session low of $1333.90 with a loss of 1.18%. Silver slipped to as low as $16.451 and ended with a loss of 1.08%.

Market Report: Break-Out Hopes Dashed

After inching better on Monday and Tuesday, gold and silver finally made a break for it on Wednesday in good volume on Comex, with gold peaking at $1365 intraday, and silver at $16.87. Those of us watching gold’s established trading range, and silver’s extreme oversold position thought this could be the start of a major breakout to the upside. Those hopes were dashed on Thursday, when both metals retreated, giving up most of their gains on the week.

April 13: Gold and Silver Gain Almost 1% and 2% on the Week

Gold gained $6.40 to $1341.60 in Asia before it dropped back to almost unchanged at $1335.60 in London, but it then rose to as high as $1347.10 in early afternoon New York trade and ended with a gain of 0.69%. Silver rose to as high as $16.683 and ended with a gain of 0.97%.

April 16: Gold and Silver End Higher in Mixed Trade

Gold chopped between $1348.60 and $1341.20 in Asia before it climbed up to $1350.50 in midmorning New York trade and then drifted back lower into the close, but it still ended with a gain of 0.12%. Silver edged down to $16.55 before it rose to as high as $16.77 and then also fell back off, but it still ended with gain of 0.18%.

April 17: Gold and Silver Reverse Morning Losses To End Higher

Gold gained $2.80 to $1348.80 in Asia before it fell back to $1337.70 at about 9AM EST, but it then rallied back higher for most of the rest of trade and ended with a gain of 0.1%. Silver chopped between $16.584 and $16.799 and ended with a gain of 0.6%.

Silver Bullion Remains Good Value On Positive Supply And Demand Factors

– Industrial demand set to continue to climb from 2017, into 2018 and beyond – Speculators are bearish on silver as net short positions in silver futures reach record – Investment demand sees silver ETF holdings at eight-month high of 665.4 million ozs – 2017 saw fifth consecutive annual physical deficit in scrap silver, of 26 moz – Global silver mine production fell 4% last year, 2nd consecutive year of decline – Fundamentals and speculative positions suggest silver may soon see strong gains

April 18: Gold Gains and Silver Surges Over 2%

Gold fell $5 to $1342.30 in Asia before it climbed up to $1355.60 in late morning New York trade and then drifted back lower into the close, but it still ended with a gain of 0.1%. Silver rose to as high as $17.256 before it also fell back off, but it still ended with a gain of 2.44%.

April 19: Gold Edges Lower While Silver Gains

Gold gained $6 to $1354.60 in Asia before it dropped back to $1341.10 in late morning New York trade and then bounced back higher into the close, but it still ended with a loss of 0.19%. Silver climbed up to $17.349 before it fell down to $17.074, but it quickly rebounded and ended with a gain of 0.41%.

April 20: Gold Dips on the Week While Silver Rises Almost 3%

Gold fell $11 to $1335.00 in late morning New York trade before it bounced back higher at times, but it still ended with a loss of 0.77%. Silver slipped to as low as $17.044 and ended with a loss of 0.7%.

Market Report: Silver Is The Star

Having performed indifferently since the price fell in late January, the silver price suddenly broke out of its torpor with a 45-cent rise on Wednesday and peaked intraday yesterday at $17.36. Gold is still confined within its established trading range and is yet to break out.

Happy Anniversary, Silver Investors!

The silver volume that we saw last week was huge and we don’t mean only the one that accompanied the sizable daily price spike. The volume was huge also if we take the entire week into account. In fact, there was only a single week when silver rallied on volume that was bigger than what we saw during last week’s rally – ever. That was the 2011 silver top, when the emotions reached their zenith.

April 23: Gold and Silver Fall Almost 1% and 3%

Gold fell $13.40 to $1322.20 in early afternoon New York trade before it edged back higher in the last couple of hours, but it still ended with a loss of 0.79%. Silver slipped to as low as $16.592 and ended with a loss of 2.92%.

April 24: Gold and Silver Gain While Stocks Fall

Gold gained $3.50 to $1328.50 in Asia before it fell back to $1323.50 in London, but it then climbed to a new session high of $1332.60 in New York and ended with a gain of 0.49%. Silver chopped between $16.565 and $16.752 and ended with a gain of 0.6%.

April 25: Gold and Silver Fall Roughly 1%

Gold fell $12.50 to $1319.00 by a little after 8AM EST before it chopped back higher in New York, but it still ended with a loss of 0.63%. Silver slipped to as low as $16.503 and ended with a loss of 1.02%.

April 26: Gold Seeker Closing Report: Gold and Silver Edge Lower While Stocks Gain

Gold fell $7.70 to $1315.40 by midday in New York before it bounced back higher into the close, but it still ended with a loss of 0.42%. Silver slipped to as low as $16.425 and ended with a loss of 0.24%.

April 27: Gold and Silver Fall Almost 1% and 4% on the Week

Gold fell $1.90 to $1315.60 in Asia, but it then rallied back higher in London and New York and ended near its late session high of $1325.50 with a gain of 0.46%. Silver rose to as high as $16.564 and ended unchanged on the day.

June 27: Gold and Silver Drop Further

Gold edged up to $1259.90 at about 8AM EST, but it then drifted back lower into the close and ended near its late session low of $1250.90 with a loss of 0.56%. Silver slipped to as low as $15.971 and ended with a loss of 1.53%.

June 28: Gold and Silver Fall A Fourth Day

Gold gained $2.40 to $1254.20 at about 9AM EST, but it then drifted back lower for most of the rest of trade and ended with a loss of 0.29%. Silver slipped to as low as $15.922 and ended with a loss of 0.31%.

Can silver rally without gold?

The article titled “Silver’s Critical Role In Electrification May Fuel Its Rise” contains some interesting comments about the silver market, but with one minor exception the information presented in this article has no bearing on silver’s risk/reward as a speculation or investment. The minor exception is the high (by historical standards) gold/silver ratio, which suggests that the silver price is likely to rise relative to the gold price over the next few years. However, none of the information about silver ‘fundamentals’ presented in the article is relevant to the silver price.

June 29: Gold and Silver Fall Over 1% and 2% on the Week

Gold edged up to $1252.80 in Asia before it chopped back to $1248.60 in midmorning New York trade, but it then jumped to a new session high of $1255.60 at about 1PM EST and ended with a gain of 0.34%. Silver rose to as high as $16.155 and ended with a gain of 0.56%.

Silver Bull Market Is Almost Here

If the comparison to the 1980s pattern is justified, and the current pattern continues in a similar fashion, then silver will go into a long bear market. If the current fractals diverge from the 1983 fractals by going higher than the point 5 price-level, then the bull market will resume with vigour. In the short-term for a bull market scenario, the price needs to clear the top line of the flag or pennant-type pattern that has formed since point 5, and avoid dropping below the bottom red line.

July 2: Gold and Silver Fall Roughly 1%

Gold fell throughout most of trade in New York and ended near its last-minute low of $1239.70 with a loss of 0.98%. Silver slipped to as low as $15.769 and ended with a loss of 1.49%.

July 3: Gold and Silver Gain Over 1%

Gold chopped near unchanged in Asia, but it then climbed steadily higher throughout trade in London and New York and ended near its noontime EST high of $1256.90 with a gain of 1.02%. Silver rose to as high as $16.037 and ended with a gain of 1.01%.

July 9: Gold and Silver Gain with Stocks

Gold gained $10.80 to $1265.90 in London before it drifted back lower in New York, but it still ended with a gain of 0.25%. Silver rose to as high as $16.212 and ended with a gain of 0.50%.

July 10: Gold and Silver Edge Lower

Gold fell $10.80 to $1247.40 in London before it bounced back higher in New York, but it still ended with a loss of 0.21%. Silver slipped to as low as $15.905 and ended with a loss of 0.31%.

July 11: Gold and Silver Fall Over 1% as Dollar Jumps

Gold dropped throughout most of world trade and ended near its last-minute low of $1242.00 with a loss of 1.06%. Silver slipped to as low as $15.78 and ended with a loss of 1.62%.

July 12: Gold and Silver Gain with Stocks

Gold gained $6.30 to $1248.50 by midday in New York before it chopped back lower into the close, but it still ended with a gain of 0.39%. Silver rose to as high as $15.989 and ended with a gain of 0.89%.

July 13: Gold and Silver Fall Over 1% on the Week

Gold dropped $10.30 to $1236.80 at about 8AM EST before it rebounded in New York, but it still ended with a loss of 0.44%. Silver slipped to as low as $15.692 and ended with a loss of 0.88%.

July 16: Gold and Silver Close Barely Lower

Gold edged up to $1245.60 in Asia before it dropped back to $1238.40 in early afternoon New York trade and then bounced back higher into the close, but it still ended with a loss of 0.03%. Silver slipped to as low as $15.743 and ended with a loss of 0.06%.

Physical and Cryptographic Silver are Asymmetric Trades

Most people believe that risk and reward go hand in hand. In other words, in order to reap a large reward, one must also risk a great deal. So, for example, if seeking to double or triple your money, then – should your analysis (or the execution of your trading plan) be incorrect – you would anticipate that your entire stake could disappear in the process.

July 17: Gold and Silver Fall Over 1%

Gold edged up to $1245.00 in Asia before it dropped back to $1226.10 in late morning New York trade and then bounced back higher into the close, but it still ended with a loss of 1.08%. Silver slipped to as low as $15.548 and ended with a loss of 1.33%.

India Soaks Up Physical Silver Supply

Let's cut to the chase. While the price of COMEX Digital Silver is being pounded lower in 2018, demand for actual physical silver in India is soaring. On Louis' chart below, note that the all-time peak in Indian silver demand came in 2015... when the price of COMEX Digital Silver bottomed below $14 and then began a 50% rally to $21 by mid-2016. In fact, the month of April 2018 alone saw India import 902 metric tonnes, the highest one-month total since December of 2015.

July 18: Gold Erases Early Losses to End Unchanged

Gold fell $6.50 to $1221.30 in late Asian trade before it bounced back higher in London and New York, but it was unable to close with a gain. Silver slipped to as low as $15.394 and ended with a loss of 0.19%.

July 19: Gold and Silver Fall with Stocks

Gold dropped $16 to $1211.80 in London before it spiked up to $1228.70 in early afternoon New York trade after Trump said he’s “not happy” about the Fed raising interest rates, but it then chopped back lower into the close and ended with a loss of 0.4%. Silver slipped to as low as $15.177 and ended with a loss of 1.48%.

July 20: Gold and Silver Fall Almost 1% and 2% on the Week

Gold saw slight losses in Asia, but it then climbed steadily higher in London and New York and ended near its session high of $1232.10 with a gain of 0.65%. Silver rose to as high as $15.536 and ended with a gain of 1.24%.

July 23: Gold and Silver Fall with Oil

Gold fell $8.40 to $1222.40 in early afternoon New York trade before it bounced back higher at times, but it still ended with a loss of 0.47%. Silver slipped to as low as $15.355 and ended with a loss of 0.84%.

July 24: Gold and Silver End Higher in Mixed Trade

Gold fell $6.60 to $1218.40 in Asia before it rallied up to $1229.50 in late morning New York trade and then drifted back lower into the close, but it still ended with a gain of 0.02%. Silver rose to as high as $15.592 and ended with a gain of 0.65%.

July 25: Gold and Silver Gain with Stocks and Oil

Gold gained $8.90 to $1234.10 in early New York trade before it fell back towards unchanged by midday, but it then rallied back higher into the close and ended with a gain of 0.56%. Silver rose to as high as $15.628 and ended with a gain of 0.78%.

Silver Threads among the Gold: What the Tea Leaves Seem to Be Telling Us

The ongoing July silver (and gold) slam has a 2008 feel about it. Important data point elements are different, but there's an air of panic on the part of physical precious metals' owners. "Major trend lines" being broken to the downside; physical metals' buying (in the U.S. off significantly so far on the year; (some) long-term silver holders giving up the ghost and selling their metal below spot.

July 26: Gold and Silver Fall Roughly 1%

Gold drifted lower throughout most of world trade and ended near its late session low of $1222.50 with a loss of 0.75%. Silver slipped to as low as $15.389 and ended with a loss of 1.28%.

July 27: Gold and Silver End Slightly Lower on the Week

Gold edged up to $1225.40 in Asia before it dropped back to $1217.60 in London and then jumped to a new session high of $1227.20 by midday in New York, but it then drifted back lower into the close and ended with a gain of just 0.03%. Silver rose to as high as $15.534 and ended with a gain of 0.58%.