Gold

Category Archives: Silver

Gold, Silver Price Pop Up ahead of Indian festive demand

April 11, 2016 at 08:44

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Akshaya Trithiya — an auspicious day to buy gold and property — falls on May 9. There are more than 10,000 jewellery shops across the state, of which 40 per cent are in Bengaluru. T A Saravana, president, Karnataka Jewellers’ Association, explained what is pushing the price up. Saravana said the proposed one per cent […]

Can Silver keep pace with Gold?

April 8, 2016 at 09:54

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Gold’s surprising strength in price is capturing headlines, but another precious metal, silver, is chasing gold’s coattails – without the fanfare. Silver futures are up about 8.5 percent this year, making it stand out among other commodities and financial markets. Investors snapped up coins, with U.S. Mint data showing March silver coin sales were up […]

Silver never goes out of style

April 5, 2016 at 14:00

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This is what investors continue to signal to the financial markets. No matter how much downward pressure the big players (institutional investors, i.e. megabanks) put on the price of silver, the Average Joe investors simply pile up more of the argent metal. While it is always advisable to hold physical precious metals rather than the […]

Fixing the silver fix

April 1, 2016 at 09:01

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Why do we need a “silver fix”? In an era of electronic, instantaneous communication, and with (supposedly) “free and open markets,” why do we need someone to tell us what the price of silver is supposed to be at a particular moment in time? Why can’t market participants simply observe for themselves the current spot-price […]

HSBC Gold & Silver ‘demand is not short lived’

March 17, 2016 at 14:41

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Commodity prices and mining stocks are going wild on Thursday morning after the US Federal Reserve struck a dovish tone at its March meeting on Wednesday evening. The United States’ central bank left its benchmark interest rate unchanged in the range between 0.25 and 0.5%, and cut the number of rate hikes it expects to […]

Charts show Silver now follows Gold

March 15, 2016 at 12:13

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There was a simple and profitable trade from early 2013 until recently; Traders watched the behavior of silver and then executed the trade in gold because silver price behavior led gold’s by about 5 to 10 days. But those times are over. The price relationships on the gold price chart look similar to the price […]

Chinese bank joins LBMA silver fix

March 10, 2016 at 15:58

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In a sign of China’s further influence in global financial markets, a major Chinese bank has been allowed into an elite club of bankers that sets the global price of silver. On Sunday it was announced that China Construction Bank Corp (CCB) will become the first Chinese bank to participate in determining the London Bullion […]