Gold

Category Archives: Silver

Gold has a Brexit rally

November 9, 2016 at 08:39

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Gold jumped nearly 5 percent on Wednesday to its strongest in six weeks as investors snapped up safe havens with Republican Donald Trump winning the race for the White House over Democrat Hillary Clinton. It marked gold’s biggest single-day gain since June 24 when it rose as much as 8 percent when Britain decided to […]

New trend of gold & silver smuggling into China

September 5, 2016 at 12:40

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There has been a sharp rise in seizures of gold and silver bars smuggled from mainland China. Customs officers detected more than two tonnes in the first eight months of the year in a move thought to be connected to the rising value of the precious metals. Officers seized about 2.2 tonnes of smuggled gold […]

QE looks set to spark race for gold and silver

July 28, 2016 at 10:00

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With just days until the Olympic opening ceremony, today’s sharp appreciation in gold and silver comes at a relatively opportune moment. July has not been particularly kind to either market, with gold falling 4% lower from the month’s high, while its more volatile running partner silver lost 9%. This will likely be associated with the […]

Silver perspective $22 per oz seen

July 7, 2016 at 12:07

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Resource Investing Specialist Peter Krauth expects the price of silver to keep on climbing this year, to more than $22 per ounce. That’s another gain of more than 8% from current levels, continuing the strong silver bull of 2016. Krauth cautions that the silver bull may see some short-term volatility, but the investment case for […]

China Buyers Drive Silver Prices Higher

July 5, 2016 at 09:00

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The price of silver surged to a two-year high on Monday as buyers in China made bold bets in the futures market and scooped up vast volumes of physical metal. Spot silver, the price paid for immediate delivery, rose as much as 6.9% to an intraday peak of $21.132 a troy ounce, its highest value […]

Silver steps out from gold’s shadow

June 13, 2016 at 12:00

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A friend of mine collects silver coins. I emailed him on December 29th, “Hey John, I think silver is starting to look a bit interesting. I added to a position yesterday when prices fell near 5-1/2 year lows.” It turned out to be a good call. So far gold has had a good run this […]

First Majestic CEO sees $140 Silver

May 27, 2016 at 16:12

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A Japanese electronics maker approached First Majestic Silver Corp. for the first time last month seeking to lock in some of there future silver supply, according to the best-performing producer of the metal. “For an electronics manufacturer to come directly to us — that tells me something is changing in the market,” said Keith Neumeyer, […]