silver

Results for silver

PM Daily Market Commentary - 6/22/2017

Gold rose +3.70 to 1251.20 on moderate volume, while silver climbed +0.09 to 16.57 on very heavy volume. A small dollar rally caused some trouble, but was not enough to derail the move higher in gold and silver. Gold followed through off ...

Discussion - davefairtex - Jun 23 2017 - 3:21am - 7 comments - 0 attachments

PM Daily Market Commentary - 6/21/2017

Gold rose +3.40 to 1247.50 on moderate volume, while silver climbed +0.05 to 16.48 on heavy volume. A drop in the buck helped the metals to move up slightly today.  Is the plunge over?  Executive summary: Maybe. Gold seemed to continue finding ...

Discussion - davefairtex - Jun 22 2017 - 4:23am - 9 comments - 0 attachments

PM Daily Market Commentary - 6/20/2017

Gold fell -1.00 to 1244.10 on moderate volume, while silver fell -0.04 to 16.43 on moderate volume also. Both metals tried to rally and failed, but it all happened in a relatively narrow range. The buck made a new high, which didn't help, and the ...

Discussion - davefairtex - Jun 21 2017 - 7:04am - 5 comments - 0 attachments

PM Daily Market Commentary - 6/19/2017

Gold fell -10.10 [-0.80%] to 1245.10 on moderate volume, while silver fell -0.21 to 16.46 on heavy volume. Macron won a 62% majority in the French parliamentary elections held Sunday, which is pretty much of a landslide, all on a record-low voter ...

Discussion - davefairtex - Jun 20 2017 - 4:58am - 5 comments - 0 attachments

PM Daily Market Commentary - 6/16/2017

On Friday gold moved down -0.30 to 1255.20 on moderately light volume, while silver fell -0.04 to 16.68 on moderately heavy volume. It was a bad week for PM; silver led gold lower, the senior miners performed even worse, but the juniors actually ...

Discussion - davefairtex - Jun 18 2017 - 8:41am - 3 comments - 0 attachments

PM Daily Market Commentary - 6/15/2017

Gold fell -7.00 [-0.55%] to 1255.50 on heavy volume, while silver fell -0.16 to 16.72 on very heavy volume. Both metals followed through from yesterday's big reversal. That said, the dollar's strong rally [+0.57%] meant that gold's fall ...

Discussion - davefairtex - Jun 16 2017 - 5:37am - 1 comment - 0 attachments

PM Daily Market Commentary - 6/14/2017

Gold fell -6.00 to 1262.50 on extremely heavy volume, while silver rose +0.06 to 16.88 on very heavy volume. A weak retail sales report at 830 am first caused gold to spike higher, but then the FOMC announcement came along at 2pm and gold was hammered ...

Discussion - davefairtex - Jun 15 2017 - 4:51am - 0 comments - 0 attachments

PM Daily Market Commentary - 6/13/2017

Gold rose +0.60 to 1268.50 on moderate volume, while silver dropped -0.13 to 16.82 on very heavy volume. While silver continued moving lower, gold managed to find buyers, and the mining shares actually did quite well. Gold sold off in the early part ...

Discussion - davefairtex - Jun 14 2017 - 5:42am - 16 comments - 0 attachments

PM Daily Market Commentary - 6/12/2017

Gold fell -0.90 to 1267.90 on moderate volume, while silver dropped -0.23 to 16.95 on very heavy volume. Gold traded sideways within a range, while silver just steadily sold off, paralleling a move down in copper. Not much happened today in gold; ...

Discussion - davefairtex - Jun 13 2017 - 4:58am - 3 comments - 0 attachments

PM End of Week Market Commentary - 6/9/2017

On Friday gold moved down -11.50 [-0.90%] to 1268.80 on heavy volume, while silver dropped -0.25 [-1.41%] to 17.18 on heavy volume also.  The buck rallied +0.36 to 97.04; at least part of gold's fall was due to a currency effect.  Certainly, the ...

Discussion - davefairtex - Jun 11 2017 - 7:05am - 21 comments - 0 attachments

PM Daily Market Commentary - 6/8/2017

Gold fell -9.20 to 1280.30 on heavy volume, while silver dropped -0.15 to 17.43 on heavy volume also. After all the buildup about politics and elections, today's move in PM seemed to be guided more by a relatively severe selling assault that ...

Discussion - davefairtex - Jun 9 2017 - 5:09am - 5 comments - 0 attachments

PM Daily Market Commentary - 6/7/2017

Gold fell -7.10 to 1289.50 on moderately heavy volume, while silver dropped -0.12 to 17.58 on moderately heavy volume also. Today, the ECB revealed it was planning to cut its inflation outlook – hinting that money printing will remain intact. This ...

Discussion - davefairtex - Jun 8 2017 - 5:28am - 11 comments - 0 attachments

PM Daily Market Commentary - 6/6/2017

Gold shot up +14.70 to 1296.60 on heavy volume, while silver climbed +0.15 to 17.70 on moderately heavy volume. Gold broke above the long term downtrend line and also moved briefly above the previous high to 1298.80, and kept the vast majority of ...

Discussion - davefairtex - Jun 7 2017 - 7:28am - 4 comments - 0 attachments

PM Daily Market Commentary - 6/5/2017

Gold rose +0.40 to 1281.90 on moderately light volume, while silver was unchanged at 17.55 on moderately light volume also. Gold tried rallying but was unable to hold on into the close. While the buck rose slightly, it did not seem to be a major ...

Discussion - davefairtex - Jun 6 2017 - 2:56am - 6 comments - 0 attachments

PM End of Week Market Commentary - 6/2/2017

On Friday gold moved up +13.20 [+1.04%] to 1281.50 on heavy volume, while silver rose +0.27 to 17.55 on heavy volume also. Friday's move was entirely about the Nonfarm Payrolls report which surprised the market by coming in unexpectedly weak. ...

Discussion - davefairtex - Jun 3 2017 - 9:10am - 14 comments - 0 attachments

PM Daily Market Commentary - 6/1/2017

Gold fell -3.10 to 1268.30 on moderate volume, while silver fell -0.04 to 17.28 on moderate volume also. Gold moved slowly lower all day long as the dollar rallied, while silver was shoved off a cliff during the London session, but recovered after the ...

Discussion - davefairtex - Jun 2 2017 - 5:25am - 8 comments - 0 attachments

PM Daily Market Commentary - 5/31/2017

Gold rose +5.80 to 1271.40 on moderate volume, while silver fell -0.07 to 17.32 on moderate volume also.  The falling dollar (DX:-0.36) seemed to help gold rally; in fact, much of gold's move was just a currency effect. Gold dipped briefly in ...

Discussion - davefairtex - Jun 1 2017 - 6:57am - 3 comments - 0 attachments

PM Daily Market Commentary - 5/30/2017

Gold fell -3.10 to 1258.80 on very heavy volume, while silver rose +0.05 to 17.39 on moderate volume. Gold popped to a new high briefly in Asia, and then spent the remainder of the day selling off. Silver sold off too, but buyers pulled prices back up ...

Discussion - davefairtex - May 31 2017 - 6:07am - 2 comments - 0 attachments

PM End of Week Market Commentary - 5/26/2017

On Friday gold moved up +11.30 [+0.90%] to 1270.10 on very heavy volume, while silver rose +0.20 to 17.34 on moderate volume. It wasn't a currency move that caused gold's breakout; in fact the dollar actually rallied, which says that ...

Discussion - davefairtex - May 28 2017 - 5:54am - 0 comments - 0 attachments

PM Daily Market Commentary - 5/25/2017

Gold fell -3.10 to 1258.80 on heavy volume, while silver fell -0.08 to 17.14 on moderately light volume. Trading ranges were very narrow in both metals; the spotlight today was on OPEC, where they agreed to extend the current oil supply ...

Discussion - davefairtex - May 26 2017 - 4:43am - 27 comments - 0 attachments