precious metals

Results for precious metals

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 - 0 comments - 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

Central Bank Gold Market Operations

I ran across these two speeches the other day, referenced by a GATA article about gold price suppression. The speeches were by the Director of Market Operations at the French Central Bank, and they were given to LBMA audiences.  In fact, you can see ...

Discussion - davefairtex - Jan 25 2015 - 6:35am - 6 comments - 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

PM Daily Market Commentary - 12/31/2014

Gold dropped -17.10 to 1183.20 on light volume, while silver dropped a big -0.67 to 15.60 but also on light volume.  Both metals sold off for most of the day, the selling accelerated after the NY open, and both gold and silver closed near the lows.  ...

Discussion - davefairtex - Jan 1 2015 - 4:09am - 8 comments - 0 attachments

PM Daily Market Commentary - 12/30/2014

Gold rose +17.40 to 1200.30 on moderately heavy volume, while silver rallied +0.47 to 16.27 on moderate volume.  Gold shot higher starting around at around 0820 - prior to the NY open - causing the shorts to run for cover; perhaps it was the prospect of ...

Discussion - davefairtex - Jan 1 2015 - 12:59am - 1 comment - 0 attachments