Weekly Market Report
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Both Gold and Silver available at a bargain price
(Read More)Last Friday, with interest rates and the U.S. Dollar rising, the financial markets started to react negatively, and the Nunes memo gave the markets the momentum to drive the Dow Jones down 665 points and caused Gold to drop $10 per ounce . . . .
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Gold Still Sluggish on Trumps Comments
(Read More)Yesterday, the President’s comments left all the currency traders and the Gold traders scratching their heads. The price of Gold was enjoying a healthy sustained rally after the Treasury Secretary Steve Mnuchin indicated that a weak dollar was in the best interests of our economy . . . .
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Gold Is Telling Us Inflation Is Finally Coming
(Read More)Stocks have now opened the year up 6%. Global interest rates are on the move, with the U.S. 2-year Treasury trading above 2% for the first time since 2008. Oil is trading in the mid $60s. And base metals are trading toward the highest levels of the young, two-year bull market in commodities . . . .
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The Gold/Silver Rally Continues – Jan. 2018 CoinStats available
(Read More)2018 has started with a bang for precious metal investors. Looking back through 2012, January has been an excellent month for the Gold price . . . .
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The 2018 Gold and Silver rally continues for 10 straight days
(Read More)After closing 2017 at $1,306.30 per ounce, up $156 (13.5%) for the year, Gold continued the rally into 2018. Last week, the first week of the new year, trading volume increased and the Gold price stayed above the important $1,300 per ounce long-term support level . . . .
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Gold Spikes to $1,323 After US Jobs report
(Read More)The US dollar weakened across the board after the release of the US employment report and pushed gold to the upside. The metal rose $6 in a few seconds, from $1316/oz to $1323 to test daily highs . . . .
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Gold closes 2017 at $1,306 per ounce up 13.50% for the year
(Read More)What a great year-end rally for Gold! During December, Gold rallied from a 5-month low of $1,235 on Dec. 12 to close the year at $1,306.30 on Friday Dec. 29 . . . .
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Gold likely to witness a steady rise in 2018
(Read More)Gold prices should see a steady rise in 2018 as inflation picks up and competition from equity markets slows down, according to George Gero, managing director at RBC Wealth Management . . . .
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Gold & Silver breakout above resistance levels
(Read More)After reaching a 5-month low of $1,235 on Tuesday, December 12, the Gold price has rallied $40 per ounce. On Friday, Gold closed at $1,275 per ounce, up . . . .
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Gold & Silver tested lows and are now moving higher
(Read More)After reaching a 5-month low of $1,235 last Tuesday, Gold rallied the rest of the week. Gold closed at $1,254.50 on Friday, up $6.50 for the week, and showing a $105 increase since the beginning of 2017 . . . .