Latest Gold & Silver Price News

Gold knocking on the door of resistance at $1750

Gold knocking on the door of resistance at $1750

One thing in particular that really stands out to me in today’s trading session is the resilience of the gold market even as the safe haven trades were being put back on by a decent sized contingent of traders. The Euro got knocked down about 50 points and the US Dollar saw a pop higher as traders were expressing signs of nervousness over both Greece and now Portugal. Additionally, the long bond rallied up nearly a full point and is once again at the top end of a trading range that is now three months in duration. This combined with the fact that Euro Gold is extremely strong tells us […]

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Gold Bullion Headed for Biggest Monthly Gain this Century

Gold Bullion prices were headed for their biggest calendar month gain this century by Tuesday lunchtime in London. Gold Prices hit $1745 per ounce – just shy of 14% higher than the Dollar Gold Bullion price set at the last London Fix of 2011. By this measure, January 2012 looked set to record the fourth-largest calendar month gain in the last three decades, and the biggest since September 1999, the month that saw the signing of the Central Bank Gold Agreement, which limited the sales of Gold Bullion by signatory central banks. Stocks and commodities also gained Tuesday, while government bond prices dipped. “In overnight trade in Asia, we continued […]

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Video – Discover why the future of silver is bright also for you to invest in

| January 31, 2012 | Articles: Insights

In this short video, you’ll get a quick overview of how silver is used as a metal in products with a very bright future, as well as the investment value. Courtesy to goldsilver.com

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What is Euro Gold telling us?

What is Euro Gold telling us?

Gold priced in terms of the Euro continues to be most impressive on the chart as it creeps ever closer to its all time high. This move upwards is a visual telegraph that there remains deep-seated concerns over the European sovereign debt situation, especially on the Continent itself, in spite of the recent euphoria over “free money” for the next two years. While the Fed has given the markets, and in particular, the wild-eyed hedge fund community, the green light to buy “risk assets”, there is an underlying current of palpable worry which remains in our global markets. Short-term oriented players are betting that they are faster than the next guy […]

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Currency Wars hotting up

Gold and silver prices paused for breath yesterday following their price breakouts last week. Gold for April delivery at the New York Comex settled down 0.1% at $1,734.40 per troy ounce, while silver …

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Video – David Morgan answers most asked questions from investors in gold & silver

David Morgan, well-known from The Morgan Report, gives an answer on two top questions that readers from The Gold Report are asking nowadays: “What can an investor do to protect wealth in a volatile 2012” and “Where will the best opportunities be in 2012: explorers, mid tier producers, large producers”. Courtesy to Streetwise Reports David Morgan is the editor of the Gold & Silver investor newsletter The Morgan Report at www.silver-investor.com, which we highly recommend to increase your profits and protect your wealth !  

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Gold firm in spite of Stronger Dollar

Gold is coming under a bit of selling pressure in New York after opening higher in Asia alongside of silver last evening. Both markets then saw selling originating in the form of both profit taking and new short positions (from top pickers) after traders’ attentions turned back to the sovereign debt woes in Euroland, particularly Greece. Also there was a bit of news that China was not going to be in a hurry to loosen the monetary strings as quickly as some were anticipating. Either way, it led to a reversal of the recent risk trades in favor of the safe havens once again with the bonds getting a strong […]

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Gold Stocks To Rally Like During The Great Depression And Early 70’s

Gold Stocks To Rally Like During The Great Depression And Early 70’s

Below, is an extract of my Gold Mining Fractal Analysis Report. “He answered and said unto them, When it is evening, ye say, It will be fair weather: for the sky is red. And in the morning, It will be foul weather to day: for the sky is red and lowering.”- Jesus Christ During the Great Depression, at a certain point, gold stocks started a massive rally. While most things were going down in price, gold stocks made significant gains, becoming one of the best performing sectors during that time. It was no coincidence that gold stocks performed as well as they did. Like all goods, gold stocks will thrive […]

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Junior Gold Stocks Rebound from Lows

Junior Gold Stocks Rebound from Lows

The junior sector had a very difficult year in 2011 but has led the recent recovery (at least statistically) in the precious metals sector. Two of our favorite exchange traded funds, GDXJ and ZJG.to are up 30% and 25% respectively. That exceeds GDX (large caps) which has rebounded 15%. These are significant gains but barely put a dent in the low valuations for the sector. Ratio analysis shows us how undervalued the smaller gold stocks are yet an examination of history shows this is not out of the ordinary at this point in a bull market. First lets take a technical look at the juniors. We show ZJG.to and GDXJ […]

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Why Gold Is Shining Bright & What the Fed is Doing

Why Gold Is Shining Bright & What the Fed is Doing

Well here we are, caught between resistance in the S&P 500 around the 1,330 area and support around the 1,300 price level. My last two articles have discussed why I was expecting a top in the coming days and weeks ahead, but prices just continued to work higher. One of the things that I pride myself in as a person who trades and writes about financial markets in public is that I am always honest. If I blow a call I fess up and admit it. When I have made mistakes in the past, I always try to learn something new from them and I discuss losing trades publicly with […]

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Underpriced Precious Metals Juniors Due to Move in 2012

After a tough year in 2011, there is definitely a good selection of underpriced junior resource stocks available for astute investors to focus on before the rest of the herd finally wakes up and smells the gold. In this exclusive interview with The Gold Report, Matthew Zylstra, mining analyst at Northern Securities, reviews the gold, silver and PGM markets and tells us why he believes that better times are ahead for junior miners in 2012, and which ones he particularly likes at current price levels. COMPANIES MENTIONED: ARMISTICE RESOURCES CORP. – BARKERVILLE GOLD MINES LTD. – CANADIAN ZINC CORPORATION – CREAM MINERALS LTD. – NIOGOLD MINING CORP. – OREMEX SILVER INC. – ORVANA MINERALS CORP. – PROPHECY PLATINUM […]

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Greek crisis close to climax, gold & silver price fall slightly

Markets have been hit by another bout of selling this morning as Europe prepares for what could be a crunch week in terms of the continent’s debt crisis. As reported at The Telegraph, Greece’s prime minister Lucas Papademos warned last night that his country faced “the spectre of bankruptcy and all the dire consequences that entails”, while the weekend also saw calls from German economy minister Philipp Rösler for stronger “monitoring” of the Greek government’s finances. Unsurprisingly, Greece’s Finance Minister has rejected this, describing it as undermining his nation’s “national identity and dignity”. European Union heads of government are due to meet in Brussels later today for more discussions on a new […]

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Chinese are buying Gold “like cheap cabbage”

The wholesale market cost of Buying Gold rose to $1728 per ounce Monday morning in London – down slightly on last week’s close – while stocks, commodities and the Euro all fell and government bond prices gained as European leaders met for their latest summit in Brussels. The cost of Buying Silver fell to $33.08 at one point – a 2.6% drop from where it ended last week. Gold fell as low as $1718 per ounce Monday morning, dropping steadily during Asian trading, though this represented a loss of only 1% on Friday’s closing price. “Everybody seemed to be expecting profit taking out of Shanghai after the two Chinese bourses came back online,” said […]

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Gold Prices in 2012: miners bullish on gold’s outlook

This is bullishness on Gold Prices in the 2012 GoldPrice Report from Pricewaterhouse Cooper (available to download here). But the report also outlines many of the head winds facing producers, such as rising costs, falling stock prices and the pressure to pay more dividends in order to attract investment capital. PwC partner John Gravelle, who is the company’s mining industry leader for the Americas in its Toronto office, shares his thoughts in this interview with Hard Assets Investor. Hard Assets Investor: The consensus in your report from the gold producers is that they’re seeing top Gold Prices in 2012 at around $2,000 an ounce. Why do you think the miners are so bullish? John Gravelle: They’ve had quite a few […]

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