Weekly Market Report
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Gold and Silver: Setting Up for a Sleeper Breakout
(Read More)As the world continues to see economic improvements, Gold and silver are relegated to an after-thought by investors . . . .
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Precious Metal Market holding their breath awaiting Summit News
(Read More)The Gold price was on hold last week. All five-trading days, Gold closed between a low of $1,293 and a high of $1,298.50 per ounce; an unbelievably narrow high/low range of only $5.50 on low trading volume . . . .
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Gold & Silver prices in a holding pattern awaiting major news
(Read More)Most of last week, Gold traded above and below the important $1,300 per ounce support/resistance level. Gold ended last week at $1,295 per ounce, down $8 on normal volume . . . .
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JP Morgan now Bullish on Gold & Silver – Major Silver Dollar Auction
(Read More)Last Monday through Wednesday, Gold traded in a $10 High/Low range, between $1,286 and $1,296 per ounce. Then early Thursday, the President cancelled the North Korean summit and the stock market dropped 150 points but Gold/Silver rallied . . . .
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Gold/Silver testing support level – Great buying opportunity
(Read More)Last Tuesday, Gold dropped $28 per ounce to below $1,290, breaking the important $1,300 resistance level . . . .
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Strong physical demand for Gold/Silver investment products
(Read More)Gold traded below the $1,305 price five times in the past two weeks, testing the important $1,300 per ounce resistance level. Now, Gold has firmed up that support and is finally moving up to the $1,320 area . . . .
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Gold likely to hit $1,450 an ounce despite higher Dollar<br />Says Bank of America Merrill Lynch
(Read More)A commodity bull market is forming and gold has a big part to play, according to one Bank of America Merrill Lynch (BAML) strategist . . . .
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Gold/Silver back on a bullish track. Proof Gold Buffalo coming this week
(Read More)Last week was definitely an important week for precious metal owners, full of adverse news and events for the Gold/Silver price . . . .
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Look to Buy Gold & Silver at a Great Price this Week
(Read More)A combination of higher interest rates (10-Year Treasury at over 3%, the highest in the past four years), and a stronger U.S. Dollar (Index is 91.43) kept Gold on the defensive last week . . . .
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Silver was last week’s superstar – April CoinStats Available
(Read More)After hitting a high of $1,358 per ounce last Wednesday, Gold closed the week at $1,337 per ounce. Gold was down $10.60 for the week, but still up $32 for the year . . . .