silver

Results for silver

PM Daily Market Commentary - 8/20/2014

Gold closed down -3.70 to 1292.50 on moderately light volume, while silver was up +0.05 to 19.45 on moderately heavy volume.  While silver closed up today, the overall price action today was that of a failed rally; at one point silver was up +0.20 but ...

Discussion - davefairtex - Aug 21 2014 - 1:43am - 0 comments - 0 attachments

PM Daily Market Commentary - 8/19/2014

Gold closed down -2.20 to 1296.20 on light volume, while silver was off -0.17 to 19.41 on moderate volume.  Silver just cannot seem to catch a bid, and the distribution volume pattern continues.  Silver's relentless drop has pushed ...

Discussion - davefairtex - Aug 20 2014 - 3:20am - 3 comments - 0 attachments

PM Daily Market Commentary - 8/18/2014

Gold closed down -7.10 to 1298.40 on light volume, while silver was up +0.03 to 19.58 also on light volume.   It appears that the "safe haven" (positive gold, negative silver) trade unwound just a little bit on Monday, with silver ...

Discussion - davefairtex - Aug 19 2014 - 9:53am - 0 comments - 0 attachments

PM End of Week Market Commentary - 8/15/2014

On Friday gold was down -8.40 to 1305.50 on extremely heavy volume, while silver was off -0.31 to 19.55  on heavy volume.  Gold sold off $20 prior to market open in NY, but then mostly recovered on the news about Ukraine artillery shelling a Russian ...

Discussion - davefairtex - Aug 16 2014 - 3:40am - 1 comment - 0 attachments

PM Daily Market Commentary - 8/14/2014

Gold closed up just +0.20 to 1313.90 on moderate volume, and silver rose +0.05 to 19.85 also on moderate volume.  At 0830 gold spiked higher above 1320 and silver almost to 20 at the time of the Jobless Claims report, but neither metal could ...

Discussion - davefairtex - Aug 15 2014 - 1:42am - 0 comments - 0 attachments

PM Daily Market Commentary - 8/13/2014

Gold closed up +3.30 to 1313.70 on moderate volume, while silver was off -0.11 to 19.81 on heavy volume.  Gold rallied along with bonds, and the dollar took a hit at 0830 EDT at the time of the unexpectedly poor US Retail Sales report release.  ...

Discussion - davefairtex - Aug 14 2014 - 3:30am - 0 comments - 0 attachments

PM Daily Market Commentary - 8/12/2014

Gold closed up +1.00 to 1310.40 on moderate volume, while silver was off -0.09 to 19.92 on moderately heavy volume.  Gold rallied strongly up through the morning in NY, but sold off after mid-day, losing almost all its gains by the close.  Silver ...

Discussion - davefairtex - Aug 13 2014 - 3:52am - 1 comment - 0 attachments

PM Daily Market Commentary - 8/11/2014

Gold closed down -1.20 to 1309.04 on very light volume, while silver was up +0.09 to 20.01 on moderately light volume.  For a change, silver outperformed gold, dropping the gold/silver ratio -0.37 to 65.44. The USD rose slightly, ...

Discussion - davefairtex - Aug 12 2014 - 3:12am - 4 comments - 0 attachments

PM End of Week Market Commentary - 8/8/2014

On Friday gold was down -3.90 at 1310.60 on heavy volume, while silver was off -0.07 to 19.92 also on heavy volume.  Gold tried rallying in Asia and London and at one point hit 1324, but sold off an hour before the NY open, producing a wide trading ...

Discussion - davefairtex - Aug 9 2014 - 6:18am - 2 comments - 0 attachments

PM Daily Market Commentary - 8/7/2014

Gold closed up +7.60 to 1314.50 on moderately heavy volume, while silver was down -0.06 to 19.99 also on moderately heavy volume.  The continuing divergence between gold and silver caused the gold/silver ratio to rise +0.58 to 65.77. ...

Discussion - davefairtex - Aug 8 2014 - 1:53am - 0 comments - 0 attachments

PM Daily Market Commentary - 8/6/2014

Gold closed up +17.30 to 1306.90 on heavy volume, while silver was up +0.26 to 20.05 also on heavy volume.  Today's rally pushed gold back above all three of its moving averages and broke out of its current downtrend; silver's move ...

Discussion - davefairtex - Aug 7 2014 - 2:01am - 0 comments - 0 attachments

PM Daily Market Commentary - 8/5/2014

Gold closed up +0.40 to 1289.60 on moderately light volume, while silver was off -0.39 to 19.78 on heavy volume.  While gold took a modest dip down, found support at 1283 and then recovered closing even, silver was just sold hard all day, ...

Discussion - davefairtex - Aug 6 2014 - 1:20am - 0 comments - 0 attachments

PM Daily Market Commentary - 8/4/2014

Gold closed down -6.00 to 1289.20 on light volume, while silver was off -0.16 to 20.17 on moderately light volume.  Gold did not confirm the possible rebound from Friday; although volume was light, the lack of buying follow-through from ...

Discussion - davefairtex - Aug 4 2014 - 10:51pm - 0 comments - 0 attachments

PM End of Week Market Commentary - 8/1/2014

On Friday gold closed up +12.10 to 1295.20 on moderately heavy volume; silver was down -0.09 also on moderately heavy volume.  After breaking lower Thursday, gold found support at around 1280 and retraced most of its losses, while silver is in the ...

Discussion - davefairtex - Aug 2 2014 - 9:36am - 0 comments - 0 attachments

PM Daily Market Commentary - 7/31/2014

Gold closed down -12.50 to 1283.10 on moderately heavy volume, while silver was off -0.24 to 20.42 on moderate volume.  Gold's descending triangle broke down, with gold dropping through its 50 and 200 MA lines making a new cycle low on some ...

Discussion - davefairtex - Aug 1 2014 - 1:10am - 0 comments - 0 attachments

PM Daily Market Commentary - 7/30/2014

Gold closed off -3.00 to 1295.60 on heavy volume, while silver was up +0.05 to 20.66 on moderate volume.  Gold traded sideways until 0830 when it sank $5 to 1294 at the moment of the 2Q GDP release, stopping out 4k long contracts in one minute.  It then ...

Discussion - davefairtex - Jul 31 2014 - 12:23pm - 2 comments - 0 attachments

PM Daily Market Commentary - 7/29/2014

Gold closed off -5.40 to 1298.60 on heavy volume, while silver was off -0.01 to 20.61 on moderate volume.   Gold actually rallied strongly into the London trading session until 940 EDT when gold was repeatedly hammered lower ...

Discussion - davefairtex - Jul 30 2014 - 3:30am - 1 comment - 0 attachments

PM Daily Market Commentary - 7/28/2014

Gold closed off -4.50 to 1304.00 on moderately heavy volume, while silver was off -0.17 to 20.62 on moderately light volume.   Both gold and silver traded lower, with gold looking substantially stronger than silver by end of day.  ...

Discussion - davefairtex - Jul 29 2014 - 4:23am - 1 comment - 0 attachments

PM End of Week Market Commentary - 7/25/2014

On Friday gold closed up +14.30 to 1308.50 on moderately heavy volume; silver was up +0.38 to 20.80 on moderate volume.  Gold traded largely sideways until the NY trading session, where at 1100 EDT it started a series of breakouts ...

Discussion - davefairtex - Jul 26 2014 - 5:31am - 0 comments - 0 attachments

PM Daily Market Commentary - 7/24/2014

Gold closed down -10.50 to 1294.20 on heavy volume, and silver was down -0.53 to 20.42 also on heavy volume.  PM finally resolved the whole volatility squeeze uncertainty by breaking down hard, with silver [down -2.55%] hammered much ...

Discussion - davefairtex - Jul 25 2014 - 4:27am - 0 comments - 0 attachments