Month: July 2017

Daily Market Review

Market Review: Gold Price increased to $1,252.90 (+0.60%) per ounce, Silver Price $16.54 (+0.78%), Platinum Price $943.55 (+0.97%), Palladium Price $853.95 (+0.44%), Dow Jones index 21,532.92 (0.36% decrease). U.S. Dollar vs Precious metals   US Dollar Index was trading lower on Friday morning. The index came heavily down by the European Central […]

Gold Technical Update

Gold Technical Update

Last week we noted that silver had broken its year-long support zone. Silver was between $15.75 – $16.15 during the prior week’s flash crash. What does this apparent breakdown mean for gold? Let us update the technical perspective in a market review for gold for the short and intermediate timeframes: […]

Silver’s Flash Crash

Silver’s Flash Crash

Silver saw a “flash crash” on Thursday night EST / Friday morning in Asia, falling momentarily by at least $1.50 before recovering somewhat during the day. The actual low print is up to some debate. This will depend on which exchange and contract one refers to the low bid for […]