fbpx
The Precious Metals Week in Review – May 24th, 2024.

The Precious Metals Week in Review – May 24th, 2024

1. After a relatively slow start in the first quarter, silver is making its move, significantly outpacing gold as it trades at an 11-year high. Just ahead of last weekend, silver prices have broken above $30 an ounce. Soaring silver prices have pushed the gold-silver ratio below 80 points, and it has been trading at…

The Precious Metals Week in Review – May 17th, 2024.

The Precious Metals Week in Review – May 17th, 2024

Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the precious metal benefits from robust financial and industrial demand.

The Precious Metals Week in Review – May 10th, 2024.

The Precious Metals Week in Review – May 10th, 2024

High inflation and a disappointing report on economic growth, followed by a sudden drop in stocks late last month made for a familiar economic combination.

The Precious Metals Week in Review – April 26th, 2024.

The Precious Metals Week in Review – April 26th, 2024

Gold fell as geopolitical tensions eased in the Middle East, paring safe-haven demand, and traders looked ahead to U.S. data that will shed light on the outlook for monetary policy.

The Precious Metals Week in Review – April 19th, 2024.

The Precious Metals Week in Review – April 19th, 2024

Gold is considered a unique asset due to its enduring value, historical significance, and application in various technologies like computers, spacecraft, and communications equipment.

The Precious Metals Week in Review – April 12th, 2024.

The Precious Metals Week in Review – April 12th, 2024

Gold and silver prices are sharply higher, with gold hitting a record high and silver a three-year high. The general marketplace is very uneasy heading into the weekend, as geopolitical tensions have heated up just recently.

The Precious Metals Week in Review – April 5th, 2024.

The Precious Metals Week in Review – April 5th, 2024

1. As gold set another record high, Canadian mining legends Frank Giustra and Pierre Lassonde say the West has lost its power to set the price of gold. With gold futures hitting another record high of above $2,324.80, Giustra and Lassonde pointed to a major shift in the gold market. “The world hasn’t woken up…

The Precious Metals Week in Review – March 29th, 2024.

The Precious Metals Week in Review – March 29th, 2024

1. Gold prices are sharply up in midday U.S. trading Thursday, near the daily highs, and are closing in on the recent record highs. Silver prices are modestly higher. More technical buying is featured in both metals, amid bullish charts. June gold was last up $27.10 at $2,239.90. May silver was last up $0.198 at…

The Precious Metals Week in Review – March 22nd, 2024.

The Precious Metals Week in Review – March 22nd, 2024

1. The gold market remains under pressure but continues to hold support above $2,150 an ounce even as the U.S. housing sector shows some signs of stabilization as construction of new homes picks up. However, gold surged above $2,200 an ounce this week for the first time as investors grew more confident about the Federal…