Gold closes higher by $14 (1.2%) to finish at $1,268 for the week. The precious metal is now close enough to its fundamental long-term 2011-2017 downtrend. We can again call this advance another attempt to overcome the critical level. Tune here for gold & silver price updates. The last effort for this trend […]
In 2017, the US Mint celebrates 225 years of exceptional coinage history. They will release the stunning 225th Anniversary Silver Medal on June 14, at noon (ET). The Philadelphia facility will produce this superb silver piece. Additionally, it will showcase the famous modern rendition of Liberty as an African-American woman. […]
The big news across the currency markets this week was the significant drop in the US dollar. It fell over 2% against a basket of currencies representing the US dollar index. The decline came on the heels of the announcement that the US government will launch a special investigation. This […]
Let’s review the primary operating motive of this series of articles. There are hundreds of fundamental factors driving the precious metals markets. (Currency debasement; potential stock market declines; geopolitical instability; jewelry demand; and industrial fabrication being the major ones). However, no one can ever know the sum of all fundamental […]
Gold Spot Price today decreased to $1,221.70 (-0.62%) per ounce, Silver Price $16.25 (-0.79%), Platinum Price $908.40 (-1.52%), Palladium Price $800.20 (-1.42%), Dow Jones index 21043.94 (0.15% increase). U.S. Dollar vs Precious metals U.S. Dollar Index futures are trading higher on Tuesday. Increased demand explained by the expectations for the […]
