Weekly Market Report

This Week’s Headlines: Gold Silver Rare Coin Market Update Recommended Investment Commitment and Diversification GOLD The fight between the Gold bulls and bears continued last week. The field for this battle was above and below the $1,300 per ounce price level. Last Wednesday in late trading Gold broke below the $1,300 level and closed at $1,296.90 per ounce. The next...

This Week’s Headlines: Gold China, is the Renminbi going to be backed by Gold? Silver Rare Coin Market Report Recommended Investment Commitment and Diversification GOLD Gold spent last week fighting to stay above the $1,300 per ounce support level. It started the week well, holding above $1,300 until Thursday when an individual, corporation, or country sold a large quantity of...

This Week’s Headlines: Gold BRICS Countries meet to create a New International Bank Silver Silver Institute Reports Increasing Silver Demand in 2014 The July 2014 CoinStats is Now Available Recommended Investment Commitment and Diversification GOLD A major Gold seller hit the U.S. Gold market with a massive sell order last Monday and Tuesday. After six straight weeks of increases in...

This Week’s Headlines: Gold Russia surpasses US Gold production for first time in 25 years Silver The July 2014 CoinStats is Now Available Recommended Investment Commitment and Diversification Gold Last week the Gold price increased another $16.80 per ounce, while trading between $1,312 and $1,346 per ounce. Last Thursday Gold broke above the $1,332 per ounce resistance level on the...

This Week’s Headlines: Gold Gold Heading to a New All-Time High Gold Fundamentals Have Never Looked Better Silver Recommended Investment Commitment and Diversification GOLD Last week’s Gold trading was truly the definition of what market consolidation looks like. Gold closed between $1,317 and $1,322.60 per ounce all five trading days, with an amazingly small $5.60 high/low range. Given that one...

This Week’s Headlines: Gold What’s driving the Gold & Silver prices higher? Silver Recommended Investment Commitment and Diversification GOLD Gold continued to move higher last week, up $42.50 per ounce, and up $70 per ounce (5.6%) from the beginning of June. What’s more important is that Gold broke through the key $1,300 per ounce resistance level and kept on going...

This Week’s Headlines: Gold Silver Recommended Investment Commitment and Diversification GOLD Every day last week Gold traded increasingly higher and closed above the previous day’s price. What’s more important is that Gold closed above the key $1,250 per ounce resistance level throughout the week. Friday, Gold ended the week at $1,274.10 per ounce, up $21.60 for the week. The important...

This Week’s Headlines: Gold Something is Fishy in the Gold Market China Trade Surplus Increases 94% Silver Rare Coin Report Recommended Investment Commitment and Diversification GOLD On the last trading in May, Gold broke below the key $1,250 resistance level, reaching a low of $1,242 per ounce. Last week Gold tested the $1,240 price level for four days in a...

This Week’s Headlines: Gold Silver Recommended Investment Commitment and Diversification GOLD In my May 27th 2014 Weekly Precious Metal Report I complained that the Gold and Silver price activity in the past two months was as exciting as watching paint dry. Not anymore, as last week Gold and Silver’s trading volume and price volatility picked up dramatically. On the last...

This Week’s Headlines: Gold Silver Rare Coin Market Update Recommended Investment Commitment and Diversification GOLD For the past 60 days the Gold and Silver price has traded in a very tight range. Call it quiet, consolidation, or just plain unexciting, it has become increasingly difficult to write a Blog or Weekly Market Report about these markets. Gold has not had...