Silver | GoldAlert

Gold Prices Rise to New Two Week High

This was a great morning for gold as prices rose to a new two-week high. Gold is now trading at $1,485.90 an ounce.

May 3 2013 | Read More »

The Price of Gold Continues to Plummet

The gold community has been shook by the steady decline of the precious metal in the past few weeks. Today, things got worse as gold plummeted yet again, this time to $1,3335 per ounce, the lowest it has been in 30 years. Novagold Resource Inc. New was the only Mining Stock that reported an increase [...]

Apr 16 2013 | Read More »

Gold Price, Silver Firm after Mixed U.S. Jobs Report

GOLD PRICE NEWS – The gold price swung between gains and losses on Friday as financial markets weighed the impact of a mixed U.S. employment report and other positive economic data. The spot price of gold traded in a range between $1,662 and $1,683 per ounce following the January non-farm payrolls report. This afternoon, the [...]

Feb 1 2013 | Read More »

Precious Metals Post Weekly Losses, XAU Tumbles

Gold and silver futures added to their recent stretch of declines on Friday amid weakness in the precious metals complex. COMEX gold for February delivery settled down by $13.30, or 0.8%, at $1,656.60 per ounce. In doing so, the yellow metal posted a weekly loss of 1.8% and turned lower on a year-to-date basis by [...]

Jan 25 2013 | Read More »

Fortuna Silver Mines Expands Presence in Mexico

Fortuna Silver Mines (FVI.TSX, NYSE: FSM) announced that its wholly owned subsidiary, Compania Minera Cuzcatlan S.A. de C.V., and Plata Pan American S.A. de C.V. – a wholly owned subsidiary of Pan American Silver Corp. – have entered into an acquisition and option agreement for the 6,254 hectare Taviche Oeste Concessions immediately surrounding the San [...]

Jan 24 2013 | Read More »

Silver’s Win Streak Hits Seven, Gold Futures Dip

Precious metals were mixed on Wednesday despite a slight rise in the U.S. dollar against a composite of foreign currencies. COMEX gold futures – per the February contract – settled lower by $6.50, or 0.4%, at $1,686.70 per ounce. Silver futures fared quite better, however, as the COMEX March contract finished higher by $0.26, or [...]

Jan 23 2013 | Read More »

Metals Close at 5-Week Highs, XAU Jumps 2.0%

Precious metals added to their recent stretch of gains on Tuesday amid widespread strength in commodities and moderate weakness in the U.S. dollar. COMEX gold futures – per the February contract – rose by $6.20, or 0.4%, to $1,693.20 per ounce – their highest closing level since mid-December. Silver futures for March delivery at the [...]

Jan 22 2013 | Read More »

Gold, Silver Futures Rise, Canadian Shares Inch Up

Gold and silver futures moved modestly higher on Monday as precious metals built on last week’s gains. Today’s strength in gold and silver came despite stability in the U.S. Dollar Index, which held near unchanged at 80.042 against a composite of foreign currencies. While U.S. financial markets were closed for the Martin Luther King Jr. [...]

Jan 21 2013 | Read More »

Precious Metals Mixed, Gold Targets New Resistance Level

COMEX gold futures closed slightly lower on Friday, with the February contract settling down by $3.80, or 0.2%, at $1,687.00 per ounce. The yellow metal reached an intra-day high of $1,695.10 this morning, but relinquished its gains amid strength in the U.S. dollar. In spite of today’s small decline, the most actively-traded gold futures contract [...]

Jan 18 2013 | Read More »

Metals Hold Gains, Fed’s Rosengren Chimes in on QE

Gold and silver futures maintained the large majority of their gains this afternoon as the recent rebound in precious metals continued on Tuesday. COMEX gold for February delivery settled higher by $14.50, or 0.9%, at $1,683.90 per ounce. Silver fared a bit better, as the COMEX March contract closed up by $0.42, or 1.4%, at [...]

Jan 15 2013 | Read More »

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