Latest Gold & Silver Price News

New Gold: A Safe Gold Play With Attractive Pipeline

New Gold: A Safe Gold Play With Attractive Pipeline

New Gold’s stock is one that’s long responded well to its underlying metal. And it’s even responded well amidst gold’s recent rough patch. It has of course fallen on balance along with the rest of the sector. But when gold has shown signs of life, NGD has consistently exhibited good positive leverage.

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Is The Gold And Silver Miners Bear Market About To End?

Is The Gold And Silver Miners Bear Market About To End?

The analysis of the past twenty years of the Miners Index is showing that an important bottom has been printed in December 2013. The Miners Index’s symmetrical sequence and also the relation between the Miners and the 78.6 Fibonacci Number (both in Price and Time) are validating this major low.

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Is Gold Price Manipulation Good Or Bad For Gold Investors?

Is Gold Price Manipulation Good Or Bad For Gold Investors?

In this article, Peter Schiff gives, for the first time, a detailed view of the leading conspiracy theories and how they impact its long-term investment outlook. He believes that the individual investor should have the same opportunities in the marketplace as the big institutions. The subtext “Because the price is suppressed, buying gold is for suckers” is fundamentally wrong in his view.

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Silver Price Pushed Down 2.5% In 30 Minutes

Silver Price Pushed Down 2.5% In 30 Minutes

This morning, the price of silver took a dive of 2.5% in a matter of minutes. As the chart below shows, one 30 minute bar had a high $19.20 and low of $18.70. The chart shows that the price went down on very big volume. Apparently a big seller was in a hurry to move the price, as the price was pushed down to exactly the bottom. Meantime, the price has recovered.

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The Dollar Is Increasingly Losing Its Safe Haven Appeal

The Dollar Is Increasingly Losing Its Safe Haven Appeal

The dollar is losing its safe haven status. It’s possible that this reversal of fortune for the greenback is temporary. It may also be the proverbial canary in a coalmine; that you can’t rely on the greenback any longer as the one “safe” place. Indeed, we have long argued that there may not be such a thing anymore as a safe asset and investors may want to take a diversified approach to something as mundane as cash.

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The Gold Tug Of War

The Gold Tug Of War

Given the weakening Yuan and rising reverse repos usage, I don’t think it much of a shock that gold has remained in a narrow range. If there has been a surprise, to me, it is that gold prices did not move even lower under this minor financial duress. That might actually be a good sign of at least relative safety bid, which would be a particular contrast to 2013’s numerous cascading episodes. That continues to be, I believe, the calculation for gold in the short run. Intensity of safety bid vs. intensity in these unrelated financing externalities.

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Precious Metals Complex Flashing Buy Signal

Precious Metals Complex Flashing Buy Signal

The XAU, gold, and silver look like they have bottomed. Asian demand is strong, and we have been assured by central banks that they will devalue their currencies to create inflation. Gold, silver, and their stocks will benefit.

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Gold Settles Today At $1299.0 After Choppy Session

| April 28, 2014 | Category: Price
Gold Settles Today At $1299.0 After Choppy Session

Gold finished the session slightly lower Monday but well off its lowest levels of the session as a better than expected housing number initially pushed Gold to its low for the session at 1292.1 early this morning.

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Why The Silver Bear Market Is About To End

| April 28, 2014 | Category: Price
Why The Silver Bear Market Is About To End

After three years of declining silver prices, Jeff Clark believes the bear market is coming to an end. In particular, he is looking at several data points which he explains in this article. From an historical perspective, it seems that we have had 7 bear markets over the past four decades. Four of them lasted longer and three were shorter. Four declined less than today; two were about the same; and only one was significantly deeper.

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Which Drivers Made Of China The World’s Largest Gold Market?

Which Drivers Made Of China The World’s Largest Gold Market?

In this article, Frank Holmes from USFunds.com explains the drivers behind the Chinese gold market, and how China established to become the world’s largest gold market. In sum, he says that consumer demand has exploded because the purchasing power of the middle class has increased, that industrial demand has gone up as well, while the central bank has exchanged much of its dollar into gold.

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Gold Investors Weekly Review – April 25th

Gold Investors Weekly Review – April 25th

In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,302.54, up $7.01 per ounce (0.54%). The NYSE Arca Gold Miners Index rose 3.26% on the week.

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Prospects For Gold And Silver Prices From A Russian Point Of View

Prospects For Gold And Silver Prices From A Russian Point Of View

More rubles, some yuan, maybe even some gold. Totally absent is the use of the dollar as the disappearing world reserve currency. Putin is taking his job of running a country seriously and responsibly.

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Precious Metals Set V-Bottom At Key Support Level

| April 24, 2014 | Category: Price
Precious Metals Set V-Bottom At Key Support Level

The precious metals have had a very choppy day, with the triggering of downside stops resulting in sharp falls in gold, silver, platinum and palladium. All of the metals have since stabilised and recovered, though palladium is the only metal actually trading higher on the day. Palladium meanwhile continues to garner support from further ETF inflows.

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Has The S&P 500 Topped At Exactly The Same Price As Gold?

| April 24, 2014 | Category: Price
Has The S&P 500 Topped At Exactly The Same Price As Gold?

The extremely interesting fact is that spot gold has topped at exactly the same level as the S&P500 top (to date, on a closing basis). In the short run, we do not exclude that equities could go higher. However, several factors confirm the longer term view. It is the combination of all circumstances described in this article, as well as the point of maturation of each, that confirm a major decline in US and European equities is very close. Needless to say, this should also be a major catalyst for precious metals.

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