• Gold: 1,350.67 1.94
  • Silver: 16.72 0.04
  • Euro: 1.243 0.003
  • USDX: 89.1 0.66
  • Oil: 62.31 0.74

February 16: Gold and Silver Gain Over 2% on the Week

2 days 4 hours ago

Gold gained $8.30 to $1361.70 in Asia, but it then fell to as low as $1345.00 in New York and ended with a loss of 0.35%. Silver slipped to as low as $16.618 and ended with a loss of 1.18%.

March Silver in Backwardation

August 18: Gold and Silver End Slightly Lower on the Week

Gold gained $8.80 to $1297.50 in London and climbed to as high as $1300.00 in early New York trade before it fell all of the way back $1284.80 just after midday, but it then bounced back higher into the close and ended with a loss of just 0.18%. Silver rose to as high as $17.296 and ended with a loss of 0.12%.

August 21: Gold Gains While Stocks Hold Near Unchanged

Gold saw slight losses in Asia before it climbed to as high as $1293.30 in midmorning New York trade and then chopped back lower at times, but it still ended with a gain of 0.41%. Silver rose to as high as $17.121 before it also fell back off into the close, but it ended with a loss of just 0.18%.

August 22: Gold Chops Lower While Stocks Rebound

Gold fell $8.60 to $1283.10 in Asia before it rebounded to $1290.30 at about 9:30AM EST and then dropped back to $1282.10 in the next half hour of trade, but it then bounced back higher into midday and ended with a loss of just 0.47%. Silver slipped to as low as $16.877 and ended unchanged on the day.

Silver Market Morning: August-23-2017: Gold and silver prices still marking time!

The currency and precious metal prices are remarkably quiet today. With no purchases and only very small sales the SPDR gold ETF and the Gold Trust are giving no input to prices. While we do recognize that the Shanghai market has reduced volatility in the west, currency and precious metal prices are in calm waters. While the Jackson Hole meeting of central bankers on Friday is being touted as the next event to impact precious metal prices, we see this as having a positive, if any, effect on precious metal prices.

August 23: Gold and Silver Gain While Stocks Slip

Gold gained $5.50 to $1291.10 by a little after 8AM EST before it drifted back towards unchanged into midday, but it still ended with a gain of 0.36%. Silver rose to as high as $17.086 and ended with a gain of 0.47%.

August 24: Gold and Silver Edge Lower Before Jackson Hole

Gold ticked up to $1291.10 in Asia before it fell back to $1284.70 in London and then bounced back higher in morning New York trade, but it still ended with a loss of 0.31%. Silver slipped to as low as $16.828 and with a loss of 0.76%.

Silver Market Morning: August-25-2017: Gold and silver prices waiting for Jackson Hole today!

We cannot remember seeing prices in the precious metals this calm for a few days. As we have said before Shanghai has had a calming effect on global gold markets, but even its calmness is remarkable. It is not that we expect anything dramatic from Jackson Hole but in such a calm market, any news at all, will have an impact.

August 25: Gold and Silver End Slightly Higher on the Week

Gold waffled between $1288.40 and $1285.60 in London before it jumped up to $1293.20 in early New York trade and then spiked down to $1276.50 shortly before 10AM EST, but it quickly rebounded to a new session high at $1294.00 by late morning and ended with a gain of 0.38%. Silver rose to as high as $17.167 and ended with a gain of 0.53%.

August 28: Gold and Silver Gain Roughly 2%

Gold rose throughout most of world trade and ended near its late session high of $1312.00 with a gain of 1.58%. Silver rose to as high as $17.476 and ended with a gain of 2.47%.

August 29: Gold and Silver Erase Overnight Gains To End Slightly Lower

Gold gained $14.20 to as high as $1325.70 in Asia, but it then drifted back lower in London and New York and ended near its late session low of $1305.60 with a loss of 0.2%. Silver rose to as high as $17.658 and ended with a loss of 0.52%.

August 30: Gold and Silver Chop Near Unchanged

Gold traded mostly higher in Asia before it dropped down to $1305.30 at about 8:30AM EST and then bounced back higher into midday, but it still ended with a loss of 0.05%. Silver slipped to as low as $17.315 and ended with a gain of 0.23%.

August 31: Gold and Silver Gain Over 1%

Gold fell $7.60 to $1300.60 in Asia and saw slight losses for most of trade in London, but it then steadily rose during all of the session in New York and ended at its last-minute high of $1323.40 and ended with a gain of 1.16%. Silver climbed to as high as $17.619 and ended with a gain of 1.15%.

September 1: Gold and Silver Gain Almost 3% and 4% on the Week

Gold fell $5.60 to $1317.80 in Asia before it popped up to $1328.70 after the release of this morning’s jobs data and then dropped back to $1316.60 in the next 2 hours of trade, but it then rallied back higher into the close and ended with a gain of 0.17%. Silver rose to as high as $17.74 and ended with a gain of 0.54%.

September 5: Gold and Silver Gain Over 1% Again

Gold gained $13.40 to as high as $1339.10 in holiday-thinned trade on Monday before it dropped back to $1326.60 in London today, but it then rallied back higher in New York and ended near its late session high of $1344.20 with a gain of 1.15% from last Friday’s close. Silver climbed to as high as $18.001 and ended with a gain of 1.07%.

September 6: Gold and Silver Edge Lower as Dollar Rebounds

Gold chopped near unchanged in Asia and London before it fell back to $1332 in midafternoon New York trade and then bounced back higher into the close, but it still ended with a loss of 0.53%. Silver slipped to as low as $17.809 and ended with a loss of 0.17%.

September 7: Gold and Silver Gain Over 1% Again

Gold gained throughout most of world trade and ended just off its last-minute high of $1349.40 with a gain of 1.08%. Silver surged to as high as $18.124 and ended with a gain of 1.29%.

September 8: Gold and Silver Gain Almost 2% on the Week

Gold gained $9.10 to $1357.40 in Asia before it fell back to $1342.90 at about 11AM EST and then bounced back higher into the close, but it still ended with a loss of 0.14%. Silver slipped to as low as $17.898 and ended with a loss of 0.5%.

September 11: Gold and Silver Fall Over 1%

Gold fell throughout most of world trade and ended near its late session low of $1326.40 with a loss of 1.4%. Silver slipped to as low as $17.712 and ended with a loss of 1.33%.

September 12: Gold and Silver Turn Higher in Late Trade

Gold dipped $4.90 to $1322.70 in London before it jumped up to $1329.00 at about 8:30AM EST and then chopped back lower in morning New York trade, but it then climbed to a new session high at $1331.80 in afternoon trade and ended with a gain of 0.29%. Silver rose to as high as $17.889 and ended with a gain of 0.62%.

September 13: Gold and Silver Fall Nearly 1%

Gold edged up to $1334.60 in London, but it then fell to as low as $1320.90 in late morning New York trade and ended with a loss of 0.74%. Silver slipped to as low as $17.668 and ended with a loss of 0.67%.

SilverCrest Expands High Grade Footprint At Babicanora, Step Out Drilling Intercepts 4.8 Metres Grading 598 gpt AgEq

SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce additional Phase II drill results for the Las Chispas Property (the “Property”) located in Sonora, Mexico. These additional drill results indicate expansion of high-grade silver-gold mineralization for the Babicanora Vein (see attached Figures) from previously announced results. The Company is currently exploring seven of the 19 known epithermal veins on the Property, including the Las Chispas, Giovanni, William Tell, Varela, La Blanquita, Granaditas, and Babicanora veins. Additional Phase II drill results are anticipated over the next several months, including potential further expansion of the Babicanora Vein.

September 14: Gold Erases Early Dip and Ends Higher on the Day

Gold edged up to $1326.50 in London before it dropped back to $1315.80 just after 8:30AM EST, but it then climbed to a new session high at $1330.20 in early afternoon trade and ended with a gain of 0.45%. Silver rose to as high as $17.783 and ended unchanged on the day.

September 15: Gold and Silver Fall About 2% on the Week

Gold gained $6.70 to $1334.20 in Asia before it fell back to $1319.90 in late morning New York trade and then jumped back higher into midday, but it still ended with a loss of 0.49%. Silver slipped to as low as $17.59 and ended with a loss of 0.85%.

September 18: Gold and Silver Fall Roughly 1% and 2%

Gold drifted lower throughout most of world trade and ended near its early afternoon New York low of $1304.80 with a loss of 0.95%. Silver slipped to as low as $17.062 and ended with a loss of 2.22%.

September 19: Gold and Silver Bump Higher in Late Trade

Gold edged up to $1310.60 in midmorning New York trade before it fell back to $1305.40 in early afternoon action, but it then shot back higher into the close and ended near its late session high of $1311.70 with a gain of 0.21%. Silver rose to as high as $17.326 and ended with a gain of 0.52%.

October 10: Gold and Silver Gain but Miners Fall

Gold gained $9.40 to $1294.20 in late morning New York trade before it fell back off into the close, but it still ended with a gain of 0.27%. Silver rose to as high as $17.245 and ended with a gain of 0.88%.

Golden Arrow Announces New Director Appointment

Alf Hills has over 35 years of international mine evaluation, development and operational experience. From 2006 to 2013, he was the CEO and a director of Kobex Minerals Inc. and its predecessor company, International Barytex Resources. Prior to that he spent 26 years with the Placer Dome group. He was involved in the development of the CIM Best Practice Guidelines for Mineral Resource and Mineral Reserve Estimates. Mr. Hills is registered as a Professional Engineer and is a graduate of the University of British Columbia in Mining and Mineral Process Engineering.

October 11: Gold and Silver Jump Higher After FOMC Minutes

Gold gained $2.80 to $1291.10 at about 9AM EST before it fell back to $1284.70 in early afternoon trade, but it then jumped back higher into the close and ended with a gain of 0.36%. Silver rose to as high as $17.23 and ended with a gain of 0.58%.

October 12: Gold and Silver End Slightly Higher on the Day

Gold gained $4.40 to $1297.40 in Asia before it fell back to $1289.90 in late morning New York trade, but it then bounced back higher into the close and ended with a gain of 0.02%. Silver rose to as high as $17.257 and ended with a gain of 0.06%.

AbraPlata retains Venture Liquidity Providers Inc as market maker

AbraPlata Resource Corp (ABRA.V) (ABBRF) (1AH.F) ("AbraPlata" or the "Company") is pleased to announce that it has, subject to regulatory approval, retained Venture Liquidity Providers Inc ("VLP") to initiate its market making service to provide assistance in maintaining an orderly trading market for the common shares of the company.

October 13: Gold and Silver Gain Over 2% and 3% on the Week

Gold saw modest gains in Asia before it fell back to $1290.70 in London, but it then jumped up to $1302.50 after the release of economic data in New York and ended with a gain of 0.8%. Silver rose to as high as $17.393 and ended with a gain of 0.99%.

Comfortably Numb: Surviving the Assault on Silver

In the late 1960s and most of the 1970s, an English rock band named Pink Floyd dominated the world of progressive and psychedelic music with such memorable albums as "Dark Side of the Moon," "Wish You Were Here," and "The Wall." One of their greatest hits was a song entitled "Comfortably Numb" and as I was listening to it the other night, the refrain in the middle of the song—"Gotta keep it going through the show; c'mon it's time to go"—reminded me of the current state of the precious metals markets in the sense that the bullion bank criminals really are doing their utmost to "keep it (the price caps and interventions) going through the show". That silver investors have been rendered "comfortably numb" by way of serial price assaults is a testimonial to the sentiment out there for silver equities, coins, and the like. In case you hadn't noticed, sentiment for gold and particularly silver is outright putrid.

October 16: Gold and Silver Fall Back Off in Late Trade

Gold gained $2.40 to $1306 in early New York trade, but it then fell back off into the close and ended near its late session low of $1291.80 with a loss of 0.7%. Silver slipped to as low as $17.137 and ended with a loss of 0.98%.

October 17: Gold and Silver Fall Roughly 1% But Miners Barely Budge

Gold fell $12.70 to $1281.80 in late morning New York trade before it bounced back higher in the next few hours, but it still ended with a loss of 0.69%. Silver slipped to as low as $16.969 and ended with a loss of 1.05%.

Silver Bullion Prices Set to Soar

With a per-ounce price of $17.41 for silver futures as of Friday, analysts say the white metal is poised for a big climb, particularly as the gold-to-silver ratio stands well above historical averages. “Silver is definitely undervalued compared to gold and as a stand-alone investment. I consider it likely to be the most undervalued asset in the general investment markets,” says Paul Mladjenovic, author of Precious Metals Investing For Dummies.

October 18: Gold and Silver End Slightly Lower

Gold fell $8.60 to $1277.00 at about 8:15AM EST, but it then chopped back higher in New York and ended with a loss of just 0.37%. Silver slipped to as low as $16.901 and ended with a loss of 0.23%.

SilverCrest Expands Babicanora High-Grade Footprint to 600 metres; New High-Grade Vein Discoveries Highlight District Scale Potential

SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce additional Phase II drill results for the Las Chispas Property (the "Property") located in Sonora, Mexico. Step-out drilling targeting extensions of the Babicanora Vein continues to intersect high-grade mineralization. With the latest results, SilverCrest has drill-tested the Babicanora Vein over a 600 metre strike length (previously 500 metres), with a near-surface mineralized height of 150 to 175 metres.

AbraPlata reports latest drill results for the Fantasma Mineralized Zone at the Diablillos Project in Argentina

Hole DDH-17-152, which was collared 130m WSW of hole DDH-17-128 (the first hole of the current campaign and subject of news release dated August 1, 2017), intersected 89.6g/t Ag over 9m (from 109m – 118m down the hole), including 227.0g/t Ag over 2m (from 112m – 114m). Drilling to date at Fantasma has indicated mineralization and alteration over a 400m zone oriented along a WNW trend. A high grade core (~100-150g/t Ag) manifests itself in the SE half of this zone (Figure 1) and appears to have a strike of some 200m (Figure 1) and a width of about 30m (Figure 2). This high grade core is open to the ESE towards the Oculto deposit some 600m to the E of the Fantasma Zone, and the higher grade core seems to plunge down below lower grade mineralization (30-60 g/t Ag) towards the WNW.

October 19: Gold and Silver Gain Roughly 1%

Gold fell $4.10 to $1276.80 in Asia, but it then climbed to as high as $1290.00 in late morning New York trade and ended with a gain of 0.55%. Silver rose to as high as $17.258 and ended with a gain of 1.35%.

Market Report: Counter-trend decline

After the previous two-week rally, it was perhaps natural for precious metals to consolidate this week. Gold, which closed on a high note last Friday, lost $23 to $1281 by early European trade this morning (Friday), and silver 34 cents to $17.08. Trade on Comex was subdued, and the reason behind the pause appears to be a continuing rally in the dollar.

October 20: Gold and Silver Fall About 2% on the Week

Gold drifted lower throughout most of world trade and ended near its early afternoon New York low of $1278.00 with a loss of 0.62%. Silver slipped to as low as $16.946 and ended with a loss of 1.16%.

October 23: Gold and Silver Jump Higher in Late Trade

Gold fell $7.50 to $1272.50 by a little after 9AM EST before it jumped up to $1282.50 in early afternoon action and then drifted back lower, but it then popped back higher again into the close and ended near its last-minute high of $1283.30 with a gain of 0.18%. Silver rose to as high as $17.105 and ended with a gain of 0.35%.

October 24: Gold and Silver Drift Lower While Stocks Continue Higher

Gold edged up to $1283.60 in Asia before it fell back to $1273.80 at about 11AM EST, but it then bounced back higher into the close and ended with a loss of just 0.35%. Silver slipped to as low as $16.883 and ended with a loss of 0.7%.

October 25: Gold and Silver End Barely Lower

Gold fell $6.70 to $1271.10 at about 8:45AM EST, but it then chopped up to as high as $1279.80 in early afternoon trade and ended with a loss of just 0.03%. Silver rose to as high as $17.001 and ended with a loss of 0.18%.

SilverCrest Identifies Bonanza Grade Area at Las Chispas; 4.5 Metres grading 2,516 gpt AgEq*

SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to release additional underground channel sample results from its ongoing Phase II Exploration Program for the Las Chispas Property (the "Property") located in Sonora, Mexico. In addition to the current drill program, the Company continues to systematically sample rehabilitated underground historic workings of the Las Chispas Vein (see attached Figures) to define readily accessible high grade areas. The Company is currently exploring nine of the 19 known epithermal veins on the Property with efforts focused on delivering a maiden resource estimate in Q1 2018.

October 26: Gold and Silver Fall Almost 1%

Gold gained $5.10 to $1282.50 in Asia and held near unchanged in London, but then fell back off in New York and ended near its last-minute low of $1265.90 with a loss of 0.79%. Silver slipped to as low as $16.744 and ended with a loss of 0.94%.

October 27: Gold and Silver Fall Roughly 1% on the Week

Gold dipped $3.40 to $1263.90 in London, but it then rose to as high as $1273.70 in New York and ended with a gain of 0.46%. Silver climbed to as high as $16.863 and ended with a gain of 0.36%.

SilverCrest Announces High Metallurgical Test Recoveries For Las Chispas

SilverCrest Metals Inc. (“SilverCrest Metals” or the “Company”) is pleased to announce initial metallurgical test results for the Las Chispas Property (the “Property”) located in Sonora, Mexico. Results show that the Las Chispas high-grade silver-gold mineralization appears to be amenable to standard cyanidation processing with average recoveries of 98.9% gold and 86.6% silver. Since the Las Chispas deposit geochemistry is similar to the nearby operating Santa Elena Mine (“Santa Elena”), the metallurgical test program was designed using processing criteria similar to that operation which uses a CCD-Merrill Crowe processing facility. Based on these initial high recovery percentages at Las Chispas, further metallurgical test work is planned for 2018.

October 30: Gold Gains While Stocks Drop

Gold dipped $4.10 to $1269.00 in Asia, but it then jumped up to as high as $1278.80 in early afternoon New York trade and ended with a gain of 0.2%. Silver rose to as high as $16.892 and ended unchanged on the day.

October 31: Gold and Silver Fall While Stocks Bounce Back

Gold fell $7.70 to $1267.90 in midmorning New York trade before it edged back higher into the close, but it still ended with a loss of 0.39%. Silver slipped to as low as $16.643 and ended with a loss of 0.71%.