Set Ascending Direction

1-10 of 295

Page:
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5

Gold & Silver Marketwatch

Feb 22, 2017 4:20:01 PM

Market Commentary

 

Gold edged modestly higher overnight, opening the day at 1238.50/1239.50. After the open, the metal climbed to a high of 1240.50/1241.50 before declining to a low of 1230.50/1231.50 as the dollar index rose to a 1-week high and U.S. 10-year Treasury yields rebounded after dropping to a 2-week low. Thereafter, gold was range bound for the remainder of the day, closing at 1232.00/1233.00. Post close, gold recovered after the U.S. FOMC minutes highlighted uncertainty with regards to the timing of the next hike in interest rates.

 

Silver was static overnight, opening the session at 18.00/18.05. It touched a high of 18.03/18.08 before falling alongside gold to a low of 17.91/17.96, prior to concluding the session at 17.95/18.00. After the close, silver recovered following the release of the U.S. FOMC minutes.

Read More
Posted By Gold Stock Precious Metals Expert

The golden Move

Feb 17, 2017 5:44:38 PM

Market Commentary

Gold edged higher overnight, opening at the intraday high of 1243.25/1244.25. After the high, the metal declined steadily over the course of the day to a low of 1236.75/1237.75 as the dollar recouped losses from the previous session. U.S. 10-year Treasury yields declined to a weekly low and global equities softened as gold ended the day at 1237.50/1238.50.

Silver opened the session slightly lower, at 18.03/18.08. It touched a low of 17.96/18.01 before rising to a high of 18.05/18.10. Thereafter, silver revisited the intraday low prior to concluding the session at 18.02/18.07.

Read More
Posted By Gold Stock Precious Metals Expert

Gold & Silver Marketwatch

Feb 16, 2017 10:24:53 AM

Market Commentary

Gold was virtually static overnight, opening the day at
1224.75/1225.75. Immediately after the open, the metal declined
to a 2-week low of 1216.25/1217.25 as the dollar index rallied to a
5-week high and U.S. 10-year Treasury yields climbed to a 3-week
high after U.S. economic data showed retail sales and core CPI had
improved and the NY Fed Manufacturing index was at its highest
level since Sep 2014 indicating that business activity in the New
York State had expanded considerably. Thereafter, gold rebounded
to a high of 1232.50/1233.50 as the dollar retreated, and was
range bound for the remainder of the day, eventually closing at
1231.25/1232.25.
Silver dipped modestly overnight, opening the session at
17.83/17.88. After the open, it declined to a low of 17.74/17.79
before rising to a high of 17.98/18.03 as palladium prices rose to a
3-week high and platinum prices rebounded after dropping to a
2-week low. Silver traded narrowly for the remainder of the
session, closing at 17.95/18.00.

Read More
Posted By Gold Stock Precious Metals Expert

Today's Market Commentary

Feb 14, 2017 3:35:00 PM

Gold moved higher overnight, opening the day at 1232.50/1233.50. After the open, the metal touched a high of 1234.25/1235.25 before dropping to a low of 1221.25/1222.25 as the dollar index rose to a 3-½-week high and U.S. 10-year Treasury yields climbed to a near 2-week high, following hawkish comments by U.S. Fed Chair, Janet Yellen. Global equities advanced with the U.S. S&P index rising to an all-time high for a fourth day in a row as gold traded within range for the remainder of the day, closing at 1225.00/1226.00.

 

Silver moved higher overnight, opening the session at 17.97/18.02. After the open, it rose to a 3-month high of 18.07/18.12 before declining alongside gold to a low of 17.72/17.77. Thereafter, silver recovered to conclude the session at 17.88/17.93.

Read More
Posted By Gold Stock Precious Metals Expert

Market Commentary

Feb 13, 2017 4:11:40 PM

Market Commentary 

Gold moved lower overnight following better-than-expected Chinese export and import data, opening the day at 1228.00/1229.00. After the open, the metal dropped to a low of 1223.75/1224.75 as the dollar rallied to a 2-week high and global stocks advanced with U.S. equities (S&P) climbing to an all-time high. Thereafter, gold rebounded on buying interest to a high of 1235.00/1236.00 as platinum prices rebounded after touching a 1-week low while palladium prices rose to a 2-week high. Gold ended the day at 1234.00/1235.00.

 

Silver moved lower overnight, opening the session at 17.61/17.66. After the open, silver declined to a low of 17.56/17.61 before rising to a high of 17.99/18.04, prior to concluding the session at 17.89/17.94.

Read More
Posted By Gold Stock Precious Metals Expert

The Royal Canadian Mint has devised a new set of coins to celebrate the 150th birthday of Canada. On this special event, the mint has decided to release several collector coins in2017. Among the latest coins is the 2017 Proof Silver Dollar, 2017 Classic Canadian Coin set, 2017 Fine Silver Coin (Maple Leaves and Grizzly Bear), and the 2017 set of $10 Fine Silver Coin.

Excited with the news? Planning to buy silver? Here are a few reasons why investing in silver can be profitable in 2017:-

1.       Supply of silver in China

The Shanghai Stock Exchange gives a better reflection of what is happening out there in the precious metals industry. Silver inventory has seen a major fall since 2013. When the supply has been depleted, due to demand by major economies, silver metal will see an increased value in stock markets.

Also, with the launch of China’s “One Belt One Road” project in 2014, the country had started stacking up on base metals to produce the largest infrastructure in the world. This had led to a depletion of silver reserves in China and started pushing demand for silver higher.

2.       Trump Presidency

Silver has shown potential of 6.5% gain in 2017 by the end of 2016.  Next in line, with Trump and the Republicans presiding over the White House; the Senate and the House of Representatives making the calls; Wall Street clearly sees silver rising in 2017. Trump’s “reflationary economic policies” has potential to drive up the cost of silver on a relative and long-term basis. In fact, the silver market will be in physical deficit noting an annual shortfall of 52.2 Moz.

Gold is one of the few things you should own,” says UK hedge-fund billionaire Crispin Odey.

3.       Increasing Industrial Usages of Silver 

The recent changes in the political scenario have also sparked the demand for industrial silver. About 70% of silver is destined for industrial applications and other renewable energy products. Industrial usages of silver account for almost half of the silver produced worldwide. Silver today, finds its uses in brazing alloys, solder, dentistry, batteries, LED chips, glass coatings, nuclear reactors, medicine, photovoltaic energy, photography, semiconductors, RFID chips, water purification, touch screens, wood preservatives and numerous other industrial usages. US, Canada, China, India, Japan, South Korea, Germany and Russia have been ranked the top countries with industrial usages for silver.

Gold Stock has a rich inventory of different silver coins and bars produced by the Royal Canadian Mint. If you are looking to invest in some, visit our online store.

Posted By Gold Stock Precious Metals Expert

Is silver going to surpass gold in 2017? Silver might generate better returns, says Maxwell Gold, director of investment strategy for ETF Securities. In 2017, silver may rise to $23 an ounce and see a 30% gain.

Read More
Posted By Gold Stock Precious Metals Expert

Read This before Investing in Silver

Jan 27, 2017 6:15:46 AM

Although gold is the precious metal most people associate with wealth, silver can also prove to be a lucrative investment to the savvy investor.

Before beginning your journey into silver and silver commodities, there are some considerations that you will need to think about.

Spot Price – Being a highly-traded commodity, the price of silver changes almost daily. Its price is affected by several factors including large trades by investment firms, short selling and other market sentiments.

Purity and Content – Keep precious metal investors in mind when dealing with silver made objects such as silver coins. Some coins can reach 99% pure silver, making their worth nearly identical to silver’s market price.

Premium and Selling – There’s usually an additional fee when silver is bought. This fee is added to the cost of the weight. This fee is known as a premium, and it can change depending on the dealer. What’s important to know, is that the premium on silver bullion is higher than the premium on gold bullion. For anyone looking to invest in large amounts of silver, should factor the price of the premium when building his/her budget. Be aware that at the time of selling, many large firms will pay a lesser amount to buy back silver. Small time investors will likely pay a higher premium as a result, making it harder to recoup investment.

Silver vs. Gold as an Investment

Pros

Cons

Silver is valuable in numerous investment and industrial territories.  $10,000 of silver will take up a lot more space than $10,000 of gold.

The price of silver is much more flexible than gold. This means it can be cheap to buy into if bought at the right time. 

Unlike gold, silver isn’t used by central banks as a reserve currency. This could be a problem during an economic emergency.  

Although not the precious metal of choice, investing in silver can still net you a high return if done shrewdly. In some cases, it can even be a better investment than gold. So, do your research, check market prices and start investing today!
Posted By Store Admin

Market Commentary

 

Gold moved lower overnight, opening the day at 1204.50/1205.50. It touched a high of 1205.50/1206.50 before declining to a low of 1195.25/1196.25 on dollar strength as the U.S. 10-year Treasury yields gapped higher en route to a 2-½-week high following better-than-expected U.S. economic data that showed initial jobless claims had fallen while the Philly Fed Business Index came in above consensus at a 2-year high. Thereafter, the dollar retreated and gold recovered to close above the $1200 level, at 1201.00/1202.00.

 

Silver moved lower overnight, opening the session at 16.95/17.00. It touched a high of 16.97/17.02 before dropping to a low of 16.70/16.75 as platinum prices fell for a fourth consecutive day to a 2-week low while palladium prices traded within its weekly range. Later in the session, silver rebounded to its session high, eventually closing at 16.96/17.01.

 

Read More
Posted By Gold Stock Precious Metals Expert
Gold – This term originates from the Proto-Indo-European base Ghel/Ghol meaning, yellow or bright.Read More
Posted By Store Admin
Set Ascending Direction

1-10 of 295

Page:
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5

Product prices have been updated. Please check the updated prices before confirming your order.

Privacy Policy