precious metals market

The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend . . . . Jason Hamlin

Gold and silver rallied in the morning based on excellent overnight demand from Asian and European markets. Prices fell off in late New York trading after Oil declined $1.45 a barrel and buying switched to the equities markets.  Gold and silver are still holding within their trading ranges and with the Chinese New Year starting next week, which historically has...