It is important for precious metals investors to periodically review longer-term perspectives for the market. Gold had a strong finish for the holiday-shortened week, rising 1.2% or nearly $16 to close at $1,298 as of the final trade on the New York COMEX on Friday afternoon. However, as discussed last […]
Month: January 2019
All Time High Gold Volume – What It Means for Investors
It is important for investors in physical gold to periodically follow what is happening in other segments of the precious metals industry. Today we will examine volume in the futures market. Futures contracts represent the ownership of gold at a future time. As designated by the contract expiration date. The […]
Palladium Price Jumps 24 Points in 24 Hours
From 6:30 am January 16th to 6:30 am January 17th, the palladium price rose 24 points- around $100. The spot price of precious metals can often fluctuate. However, the palladium price has been rising steadily for the last 33 years. But, most especially in the previous six months. Yet, we […]
Palladium Price and Miners: Palladium to go up?
Right now, the palladium price per ounce isn’t high enough to entice miners to produce more of the metal’s partner, platinum. The Palladium price is currently higher than the price of gold. Platinum prices remain low. Since palladium and platinum crop up together in the same deposits, and platinum is now going […]
Silver – Can It Break Resistance?
Last week we highlighted the importance of the gold/silver ratio for precious metals investors, and how this indicator is our most important model to watch during the new year: (https://bullionexchanges.com/blog/2019/01/07/in-2019-can-the-gold-to-silver-ratio-break-lower/). Given how important silver is in the denominator of this ratio, let us properly update silver’s technical outlook to see […]