silver

Results for silver

PM Daily Market Commentary - 5/25/2016

Gold fell -2.90 to 1224.30 on heavy volume, while silver rose +0.09 to 16.34 on moderately light volume.  Gold sold off in Asia and London until right before the US market opened, making a new low at 1217.70, then rebounding back and recovering most of ...

Discussion - davefairtex - May 26 2016 - 3:39am - 5 comments - 0 attachments

PM Daily Market Commentary - 5/24/2016

Gold plunged -22.00 to 1227.30 on very heavy volume, while silver dropped -0.15 to 16.25 on moderately light volume.  Gold sold off all day long, while silver's drop was restrained because of a move higher in copper.  A rising dollar certainly ...

Discussion - davefairtex - May 25 2016 - 4:49am - 5 comments - 0 attachments

PM Daily Market Commentary - 5/23/2016

Gold fell -3.70 to 1249.20 on moderately heavy volume, while silver dropped -0.15 to 16.40 moderately light volume.  Trading was relatively quiet, with metals prices moving slowly lower in line with the current downtrend.  Silver underperformed gold. ...

Discussion - davefairtex - May 24 2016 - 5:23am - 5 comments - 0 attachments

PM End of Week Market Commentary - 5/20/2016

On Friday gold fell -2.80 to 1252.90 on moderately heavy volume, while silver rose +0.04 to 16.55 on moderate volume.  It was a relatively quiet day. This week, gold fell -21.40 [-1.68%], silver dropped -0.58 [-3.39%], GDX lost -2.99%, and GDXJ was ...

Discussion - davefairtex - May 21 2016 - 4:34am - 7 comments - 0 attachments

PM Daily Market Commentary - 5/19/2016

Gold fell -3.80 to 1255.70 on very heavy volume, while silver was crushed, dropping -0.41 to 16.51 on moderately heavy volume.  The losses in the metals were a follow-on to yesterday's FOMC-minutes surprise; gold showed surprising strength, while ...

Discussion - davefairtex - May 20 2016 - 3:13am - 0 comments - 0 attachments

PM Daily Market Commentary - 5/18/2016

Gold fell -20.80 to 1259.50 on heavy volume, while silver lost -0.35 to 16.92 on moderate volume.  The release of FOMC minutes at 14:00 Eastern caused USD to jump sharply higher, and gold, silver, copper and oil to plunge.  The meeting notes were seen ...

Discussion - davefairtex - May 19 2016 - 6:12am - 0 comments - 0 attachments

PM Daily Market Commentary - 5/17/2016

Gold rose +4.80 to 1280.30 on moderately heavy volume, while silver rose +0.10 to 17.27 on moderately light volume.  Apart from a brief drop after the CPI release at 08:30 Eastern, PM traded higher in a narrow range today, as the buck and copper moved ...

Discussion - davefairtex - May 18 2016 - 5:32am - 1 comment - 0 attachments

PM Daily Market Commentary - 5/16/2016

Gold rose +1.20 to 1275.50 on moderately heavy volume, while silver rose +0.04 to 17.17 on moderate volume.  Gold rallied strongly in Asia and London, topping out at 1290.40 just before the US market opened.  After 10:15 Eastern, both gold and silver ...

Discussion - davefairtex - May 17 2016 - 5:58am - 2 comments - 0 attachments

PM End of Week Market Commentary - 5/13/2016

On Friday gold rose +9.60 [+0.76%] to 1274.30 on moderately heavy volume, while silver climbed +0.13 to 17.13 on moderate volume.  Gold and silver both managed to overcome strong headwinds from a good-sized rally in USD; with the buck up +0.47, simply ...

Discussion - davefairtex - May 14 2016 - 8:18am - 3 comments - 0 attachments

PM Daily Market Commentary - 5/12/2016

Gold fell -14.00 to 1264.70 on heavy volume, while silver plummeted a massive -0.45 to 17.00 on moderate volume.  Metals sold off in Asia and London, rallied into the New York open as the dollar dropped, but then fell off a cliff an hour after open, ...

Discussion - davefairtex - May 13 2016 - 1:44am - 0 comments - 0 attachments

PM Daily Market Commentary - 5/11/2016

Gold rose +11.40 to 1278.70 on heavy volume, while silver jumped up +0.31 to 17.45 on moderate volume.  Both metals rallied steadily in Asia and London, peaking at around 08:00 Eastern.  Gold retained more of its gains today than silver, although silver ...

Discussion - davefairtex - May 12 2016 - 4:35am - 1 comment - 0 attachments

PM Daily Market Commentary - 5/10/2016

Gold rose +1.90 to 1267.30 on moderate volume, while silver climbed +0.09 to 17.15 on moderately light volume.  Gold initially drifted lower, but after a move lower to 1258, gold found buyers who were able to push prices more or less back to even.  ...

Discussion - davefairtex - May 11 2016 - 3:37am - 2 comments - 0 attachments

PM Daily Market Commentary - 5/9/2016

Gold fell -24.30 to 1265.40 on heavy volume, while silver dropped -0.44 to 17.06 on moderate volume.  Gold started selling off late in Asia trading, and kept dropping through end of day.  Silver waited until it saw oil start to sink, then it too plunged ...

Discussion - davefairtex - May 10 2016 - 4:25am - 3 comments - 0 attachments

PM End of Week Market Commentary - 5/6/2016

On Friday gold rose +10.10 [+0.79%] to 1289.70 on very heavy volume, while silver climbed +0.13 to 17.50 on moderately heavy volume.  Nonfarm Payrolls was the primary driver of Friday's price action; the relatively weak payrolls report was bullish ...

Discussion - davefairtex - May 7 2016 - 6:43am - 1 comment - 0 attachments

PM Daily Market Commentary - 5/5/2016

Gold fell -1.90 to 1279.60 on moderately heavy volume, while silver dropped -0.03 to 17.38 on moderate volume.  Both gold and silver rallied, topping out immediately before the US market opened, but the rally sold off due to the very strong dollar.  ...

Discussion - davefairtex - May 6 2016 - 2:57am - 4 comments - 0 attachments

PM Daily Market Commentary - 5/4/2016

Gold fell -6.70 to 1281.50 on heavy volume, while silver dropped just -0.05 to 17.41 on moderate volume.  Gold moved south today mostly because of a dollar rally, but the move was relatively mild, and dip-buyers were evident towards end of day in both ...

Discussion - davefairtex - May 5 2016 - 1:12am - 8 comments - 0 attachments

PM Daily Market Commentary - 5/3/2016

Gold fell -5.20 to 1288.20 on heavy volume, while silver dropped -0.12 to 17.46 on moderately heavy volume.  Gold took another shot at 1300 today as the dollar broke through 92.50, but then sold off when the buck rebounded.  Gold ended up printing a ...

Discussion - davefairtex - May 4 2016 - 1:59am - 3 comments - 0 attachments

PM Daily Market Commentary - 5/2/2016

Gold fell -1.50 to 1293.40 on heavy volume, while silver dropped -0.31 to 17.58 on moderately heavy volume.  Both metals made new highs at around 08:00 Eastern, but then encountered heavy selling, which ended up wiping out the gains in gold and driving ...

Discussion - davefairtex - May 3 2016 - 4:26am - 26 comments - 0 attachments

PM End of Week Market Commentary - 4/29/2016

On Friday gold rose +26.80 to 1294.90 on heavy volume, while silver climbed +0.29 to 17.89 on moderately heavy volume.  I believe the plummeting dollar (down a big -0.70 to 93.03) was the proximate cause of today's large gold rally. This week, ...

Discussion - davefairtex - Apr 30 2016 - 4:24am - 6 comments - 0 attachments

PM Daily Market Commentary - 4/28/2016

Gold rose +20.80 to 1268.10 on heavy volume, while silver climbed +0.32 to 17.60 on heavy volume also.  Today's move was almost entirely about the Yen - up a massive 3.03% because the BOJ ended up doing nothing instead of printing more and dropping ...

Discussion - davefairtex - Apr 29 2016 - 3:32am - 14 comments - 0 attachments