silver

Results for silver

PM End of Week Market Commentary - 1/30/2015

On Friday gold rose +25.00 to 1283.70 on moderately heavy volume, while silver climbed +0.31 to 17.25 on moderate volume.  Gold traded mostly sideways until slightly after 1000 EST, when the pattern of activity in the market changed significantly - ...

Discussion - davefairtex - Jan 31 2015 - 12:30pm - 0 comments - 0 attachments

PM Daily Market Commentary - 1/29/2015

Gold plunged -24.20 on very heavy volume, while silver was crushed, losing -1.05 also on very heavy volume.  Selling started in Asia, continued through London, and accelerated in NY as both metals dropped (or were pushed?) off a small cliff shortly ...

Discussion - davefairtex - Jan 30 2015 - 1:40am - 5 comments - 0 attachments

PM Daily Market Commentary - 1/28/2015

Gold fell -9.20 on heavy volume, while silver dropped -0.07 to 17.99 on light volume.  Gold more or less slowly sold off all day long, with some volatility around the "nothing has changed" FOMC announcement at 1400 EST.  Silver looked much ...

Discussion - davefairtex - Jan 29 2015 - 1:49am - 25 comments - 0 attachments

PM Daily Market Commentary - 1/27/2015

Gold rose +10.80 to 1292.10 on moderately heavy volume, while silver climbed +0.12 to 18.06 on moderately light volume.  Metals sold off in early asia trading, with silver suffering a particularly large (momentary) spike down in Asia that cleared out a ...

Discussion - davefairtex - Jan 28 2015 - 2:48am - 1 comment - 0 attachments

PM Daily Market Commentary - 1/26/2015

Gold fell -12.80 to 1281.30 on moderately heavy volume, while silver dropped -0.39 to 17.93 on moderately light volume.  The metals sold off steadily, starting late in the Asia session through London.  It appears that the Syriza victory was already ...

Discussion - davefairtex - Jan 27 2015 - 7:56am - 1 comment - 0 attachments

PM End of Week Market Commentary - 1/23/2015

On Friday gold fell -8.00 to 1294.10 on moderately heavy volume, while silver dropped only -0.01 to 18.33 on moderately light volume.  Gold sold off slowly for most of the day, dipping down sharply at around 1010 EST, but then rebounding slowly for the ...

Discussion - davefairtex - Jan 24 2015 - 4:35am - 6 comments - 0 attachments

PM Daily Market Commentary - 1/22/2015

Gold rose +9.10 to 1302.10 on heavy volume; silver gained +0.20 to 18.34 on moderate volume.  From a volatility standpoint, the ECB announcement didn't disappoint; gold sold off prior to the meeting hitting a low of 1279.10, but then climbed once ...

Discussion - davefairtex - Jan 23 2015 - 1:19am - 0 comments - 0 attachments

PM Daily Market Commentary - 1/21/2015

Gold dropped -1.30 to close at 1293.00 on heavy volume; silver rose +0.14 to 18.14 on heavy volume as well.  Gold rose strongly during London trading, hitting a new high of 1307, only to sell off immediately after hints by the ECB they were going to ...

Discussion - davefairtex - Jan 22 2015 - 4:23am - 7 comments - 0 attachments

PM Daily Market Commentary - 1/20/2015

Gold continued moving higher for the third trading day after the SNB de-pegged from the Euro, closing up +13.90 to 1294.20 on very heavy volume; silver rose +0.22 to 18.00 on heavy volume.  Most of the gains in gold came during London trading hours. ...

Discussion - davefairtex - Jan 21 2015 - 3:35am - 8 comments - 0 attachments

PM End of Week Market Commentary - 1/16/2015

On Friday gold rose +17.70 to 1280.30 on heavy volume, while silver moved up a huge +0.83 to 17.78 also on heavy volume.  Metals traded sideways until just after 0800 EST, at which point both metals started to rally.  The rally didn't stop until ...

Discussion - davefairtex - Jan 17 2015 - 5:34pm - 3 comments - 0 attachments

PM Daily Market Commentary - 1/15/2015

Gold screamed higher today, up +33.50 [+2.73%] to 1262.60 on very heavy volume, while silver rose +0.11 to 16.95 on moderately heavy volume.  The move in gold was entirely driven by the stunning decision of the SNB to drop its peg to the Euro, announced ...

Discussion - davefairtex - Jan 16 2015 - 12:48am - 3 comments - 0 attachments

PM Daily Market Commentary - 1/14/2015

Gold dropped -1.80 to 1229.10 on heavy volume; silver dropped -0.25 to 16.84 on moderately heavy volume.  Gold rallied strongly immediately prior to the NY open hitting a new cycle high of 1244.60, but the rally failed, and gold sold off into the close ...

Discussion - davefairtex - Jan 15 2015 - 1:34am - 24 comments - 0 attachments

PM Daily Market Commentary - 1/13/2015

Gold fell -2.50 to 1230.90 on moderately heavy volume; silver rose +0.48 to 17.09 on heavy volume.  Today gold spiked up through the previous high at 1240 hitting 1244.50 during trading in Asia, but was unable to keep those gains into the close, ...

Discussion - davefairtex - Jan 13 2015 - 11:53pm - 0 comments - 0 attachments

PM Daily Market Commentary - 1/12/2015

Gold rose +10.00 to 1233.40 on moderate volume, while silver climbed +0.09 to 16.61 on light volume.  Gold suffered a bit of intraday weakness in Asia due to a dollar rally, but recovered in NY as the dollar weakened, closing near the highs for the ...

Discussion - davefairtex - Jan 12 2015 - 11:41pm - 6 comments - 0 attachments

PM End of Week Market Commentary - 1/9/2015

On Friday gold rose +14.50 to 1223.40 on moderately heavy volume, while silver was up +0.15 to 16.52 on moderately light volume.  Gold rose steadily all day long, encountering some volatility at the time of the Nonfarm Payrolls report at 0830 EST, ...

Discussion - davefairtex - Jan 11 2015 - 5:12am - 0 comments - 0 attachments

PM Daily Market Commentary - 1/8/2015

Gold fell -2.20 to 1208.90 on moderate volume, while silver dropped -0.16 to 16.38.  Gold tracked sideways for most of the day.  Silver was more volatile: it tried to rally through a previous high, failed, and sold off into the close. The relatively ...

Discussion - davefairtex - Jan 9 2015 - 12:05am - 3 comments - 0 attachments

PM Daily Market Commentary - 1/7/2015

Gold dropped -7.90 to 1211.10 on moderate volume, while silver fell just -0.02 to 16.53 on moderately light volume.  Gold slowly sold off all day long; silver had a relatively larger drop during London hours, but recovered to close almost flat.  A low ...

Discussion - davefairtex - Jan 8 2015 - 2:58am - 0 comments - 0 attachments

PM Daily Market Commentary - 1/6/2015

Gold rose +14.00 to 1219.00 on heavy volume, while silver was up +0.36 to 16.55 on moderately heavy volume.  Gold traded slowly higher for much of the day until about 1145 EDT when it suddenly broke higher, stopping out a whole bunch of shorts.  Silver ...

Discussion - davefairtex - Jan 6 2015 - 11:21pm - 0 comments - 0 attachments

PM Daily Market Commentary - 1/5/2015

Gold rose +15.20 to 1205.00 on moderately heavy volume, while silver was up +0.41 to 16.19 also on moderately heavy volume.  Gold traded generally higher in Asia and London, but really started taking off once the NY market opened.  Gold closed well ...

Discussion - davefairtex - Jan 6 2015 - 12:27am - 24 comments - 0 attachments

PM End of Week Market Commentary - 1/2/2015

On Friday gold rose +6.60 to 1189.80 on moderate volume, and silver rose +0.19 to 15.78 on moderately light volume.  Both silver and gold were hit several times during London trading with gold making a new cycle low at 1167 and change - it looked like ...

Discussion - davefairtex - Jan 3 2015 - 10:56am - 2 comments - 0 attachments