Monthly Archives: September 2018

Gold is doing something it hasn’t done in nearly 30 years

Gold’s on track for its longest losing streak in almost 30 years, but the yellow metal could be due for a comeback. On Thursday, gold fell back below $1,190 to a six-week low. The precious metal is now on track for its sixth straight month of losses, it’s longest losing streak since 1989. Large investors […]

Gold Prices Tick Higher for week

Comex gold futures were up $2.50, or 0.2%, at $1,210.70 a troy ounce by 9:25AM ET (1325GMT). Meanwhile, spot gold was trading at $1,205.87 per ounce, up $1.80, or 0.2%, after rising 0.5% in the previous session. The dollar sank to a more than three-month low against its major rivals in part as safe-haven demand […]

Industrial Silver Demand Is Up and the Latest Technological Innovations that will Drive Prices

Industrial silver demand rose, US silver jewelry sales were solid, and mine supply fell in 2017. The Silver Institute highlighted silver supply and demand trends from its World Silver Survey 2018 along with some new technological innovations utilizing the white metal in its latest edition of Silver News. Industrial demand for silver rose in 2017 […]

Is Silver Bullion Undervalued?

A drop in silver prices to 32-month lows has caused a sellout of Silver Eagle coins at U.S. Mint A key development over recent sessions has been the move on the gold/silver ratio to record levels. Normally it would be a case where above 80 is considered stretched on a long-term basis. The ratio is […]

Gold gets a lift from wavering dollar, stocks

Gold futures inched higher Monday as investors questioned the dollar rally’s near-term durability, its weakness a boost for global demand for the precious metal priced in the U.S. unit. December gold (GCZ8) rose $1.90, or just below 0.2%, to $1,202.90 an ounce. Gold logged a narrow win for last week after prices had suffered weekly […]

Drop in silver prices to 32-month lows prompts sellout of Silver Eagle coins at U.S. Mint

A drop in silver prices this year has attracted investors seeking a bargain, prompting a temporary sellout of the 2018 American Silver Eagle bullion coins at the U.S. Mint this month. “The sellout of Silver Eagles implies that demand for physical [silver] has recently been increasing,” says Chris Gaffney, president of World Markets at TIAA […]

Gold prices climb to highest settlement in 2 weeks

Gold prices climbed Wednesday to settle at their highest in two weeks as a report that the U.S. was reaching out to China to hold a new round of trade talks put pressure on the U.S. dollar. December gold (GCZ8) climbed $8.70, or 0.7%, to settle at $1,210.90 an ounce. That was the highest finish […]