Silver prices middle range created during the summer

Silver And Platinum May Hold The Key To Gold’s Path

Silver And Platinum May Hold The Key To Gold’s Path

BUZ INVESTORS Silver And Platinum  The precious metal is trading at $17.48 per ounce at 09:40 GMT this morning, 0.23% lower from the New York close.

Silver

BUZ INVESTORS Silver And Platinum  The precious metal is trading at $17.48 per ounce at 09:40 GMT this morning, 0.23% lower from the New York close. During the session, silver traded at a high of $17.54 per ounce and a low of $17.44 per ounce. In the New York session yesterday, silver fell 0.28% and closed at $17.52 per ounce. Immediate downside, the first support level is seen at $17.34 per ounce, while on the upside, the first resistance level is at $17.64 per ounce.



Silver And Platinum

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Silver decreased 0.06 USD/t. oz or 0.33% to 17.40 on Thursday April 27 from 17.46 in the previous trading session. Historically, Silver reached an all time high of 49.45 in January of 1980 and a record low of 3.55 in February of 1991.

Silver futures and options contracts are used by mining companies, fabricators of finished products, and users of silver-content industrial materials to manage their price risk. As a precious metal, silver also plays a role in investment portfolios. The largest industrial users of silver are the photographic, jewelry, and electronic industries. The biggest producer of silver are: Mexico, Peru and China followed by Australia, Chile, Bolivia, United States, Poland and Russia. This page provides – Silver – actual values, historical data, forecast, chart, statistics, economic calendar and news. Silver – actual data, historical chart and calendar of releases – was last updated on April of 2017.

Silver And Platinum May Hold The Key To Gold’s Path

Gold 1266.65 2 -0.16 % -1.20% 1.15% -0.01% 09:10
Platinum 945.50 1.24 -0.13% -3.27% -0.16% -9.52% Apr/27

Silver and platinum signaled that gold was not going to break out to the upside.

Silver violates short-term support and needs to hold mid-March lows.

Platinum continues to shun $1000.

Platinum and silver are historically weak versus gold.

Watch these metals for clues about the precious metals sector.

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Commodities ( Gold ) ( Silver ) ( Lithium )

Gold 1266.30 2.35 -0.19 % -1.20% 1.15% -0.01% 09:20
Silver 17.43 0.03 -0.17 % -3.22% -4.02% -0.63% 09:20
Platinum 945.50 1.24 -0.13% -3.27% -0.16% -9.52% Apr/27
Palladium 805.58 2.42 -0.30% 0.70% 1.65% 29.72% Apr/27




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Why This Is Stealing Gold’s Safe haven Thunder

Why This Is Stealing Gold’s Safe haven Thunder

Why This Is Stealing Gold’s Safe haven Thunder

Buz Investors Stealing Gold’s Safe haven Of all the headwinds hurting the gold market right now, it is really this newfound optimism over the global economy that is hurting the metal’s prices most, this according to Societe Generale’s head of metals research Robin Bhar. Speaking with Kitco News, he shared the French bank’s outlook for the yellow metal for 2017,

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Stealing Gold’s Safe haven

which expects prices to average around $1,300 an ounce. ‘We’re looking to revise that lower given gold’s very disappointing performance since the U.S. elections but we still retain an overall positive bias, we think gold can find a bottom. ‘Could the U.S. dollar just be stealing gold’s safe-haven thunder? ‘I think that must be the answer,’ he said. February Comex gold futures last traded at $1,158.5, up 0.3% on the day. Meanwhile, the U.S. dollar index last traded at 102.28.

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)




Gold Prices: This Is Why JNUG Stock is Going Nuts Today

Gold’s gains firm, but still headed for 7th straight weekly drop

Gold’s gains firm, but still headed for 7th straight weekly drop

Gold

  • Buz Investors Gold’s gains firm   Gold is trading at $1132.10 per ounce at 10:40 GMT this morning, 0.19% higher from the New York close.
  • This morning, the precious metal traded at a high of $1133.60 per ounce and a low of $1129.50 per ounce. Yesterday, gold traded 0.14% lower in the New York session and closed at $1130.00 per ounce, extending its previous session losses.
  • Immediate downside, the first support level is seen at $1128.63 per ounce, while on the upside, the first resistance level is at $1135.53 per ounce.

Gold’s gains firm 

Gold Prices: This Is Why JNUG Stock is Going Nuts Today

Gold’s gains firm Gold costs inched higher Friday and were on pace to end a 3-session skid, however the precious metallic remains searching at its seventh directly weekly decline.

In early trading, gold for February transport GCG7, +zero.27% ticked up $three.70, or 0.3%, to $1,134.50 an oz.. For the week, gold is down round 0.three%.

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Gold’s gains firm

Gold has traded better because the dollar index pauses after striking a 14-year excessive earlier this week. The valuable metal has fallen three.1% up to now in December, weighed with the aid of higher hobby charges and the greenback.

The ICE greenback Index DXY, -0.08% turned into down 0.1% at 103.03. The dollar gauge, which measures the power of the greenback in opposition to a basket of six currencies, on Tuesday closed at 103.25, marking its maximum degree because December 2002, in line with FactSet facts.
Friday’s decline comes as a recent surge inside the U.S. stock marketplace tapers beforehand of the December excursion season.

Commodities ( Gold ) ( Silver ) ( Lithium )