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Silver prices rose again this week and are nearly 6% higher  for the week, while gold quietly eked out a 1% gain.Today, gold fell 0.18% to $1,247 an ounce after hitting a five-week high of $1,270.10 an ounce yesterday. Silver is up nearly 2% today to $17.36 an ounce. It had rose to a 11-month high of $17.69 yesterday and looks set to test resistance at $18 per ounce.Palladium and platinum also saw strong gains for the week and were 6.6% and 4.25% higher respectively.      Market Performance This Week (Finviz) Market Updates This Week Gold Price Set To Push [...]

The gold price is set to move higher in the coming months as inflation picks up according to new research from RBC.“Analysis suggests a -0.5% real rate would imply a $1,380/oz gold price and a -1.0% real rate $1,546/oz” - that's according to RBC's April 10 Global Gold Outlook note, which takes a look at how lower real interest rates, coupled with a dovish Fed will impact the gold price.RBS via Value WalkConsumer prices in the United States rose 0.9% year-on-year in March of 2016, indicating that inflation is reemerging after a long period of dormancy. This should have sparked [...]

Silver prices stayed close to an 11-month high on Wednesday, DailyFX reported. As quoted in the publication: The short-term trend remains bullish above the April 13 low of $16.02, while yesterday's high of $17.25 is a near-term resistance level. One of the factors cited as supporting silver prices while gold has remained trapped to its range of around two months, is relative positioning between silver and gold. U.S. Existing Homes Sales are on deck today and expected to rise by 3.9% MoM from -7.1% in February. Click here for the full article. Get Our Expert Guide to Silver Investing FREE! Download [...]

 Silver bullion has so much more to give according to Bloomberg today in an interesting article replete with 5 must see silver charts.From Bloomberg:Silver's bull run looks like it has legs.The metal with the best return this year of any in the Bloomberg Commodity Index is poised for more gains, investors, traders and market data suggest.“Silver has the best-looking chart among all the commodities,” said Andy Pfaff, who as chief investment officer for commodities at MitonOptimal Group in Cape Town increased his allocation to the metal over the past two weeks. “When silver moves, it really, really moves, and everyone [...]

Precious metals have been an interesting story in the past five trading days, with silver jumping well over the $16 level while gold has trended slightly down. This is an increase of nearly one dollar in the space of four trading days, or better than 5%. This type of price movement is usually positive for demand for physical bullion products, especially for those who only buy occasionally. Meanwhile, the yellow metal has fallen below the $1,230 level after trading comfortably around the $1,250 range. This has tightened the gold-silver ratio which we wrote about a few weeks ago. The upcoming [...]

 China launched yuan denominated gold bullion trading today in a move that will further boost its power in the global gold and fx markets. Critics of the existing pricing mechanisms hope that it will lead to increased transparency and may end price manipulation.The Shanghai Gold Exchange (SGE), the world's largest physical gold exchange, launched a yuan-denominated benchmark price today in Shanghai, a measure that will benefit both China's domestic gold market and the global precious metals market.The SGE set the price at 256.92 yuan a gram ($1,233.85/oz) at the 10:30 am session after members of the SGE submitted buy and sell orders for [...]

In today's markets, it can still be difficult for silver-focused investors to turn a profit.  Silver prices have started to bounce back, having gained an impressive 20 percent since the start of 2016, but there's still a long way to go for the white metal. As of mid-April 2016, the silver price had lost 60 percent over the previous five years, and many miners continue to struggle despite aggressive cost cutting. That's why some investors are looking to the top silver stocks that pay dividends. A dividend is a sum of money that is paid regularly by a company to a class [...]

 Marc Faber has warned that a new financial crisis is coming and will be worse than the 2008 one and told Bloomberg TV that the “messiah” central banks “helicopter money ” policies “will not end well.”Marc FaberFaber warns that ultimately “you cannot grow an economy by just throwing money at people” and that “QE for the people” will be like “throwing gasoline on a fire.”Faber is entertaining, has a good chuckle at the central banks and IMF's monetary policies and laughs at the idiocy of the IMF's recent counterfactual statement when Lagarde said the world economy would be worse off without negative [...]

In the wake of Deutsche Bank (NYSE:DB) admitting to silver and gold manipulation, a new $1 billion class action lawsuit has been proposed in Canada regarding the same practice. The suit is aimed at a number of large financial institutions, including the Bank of Nova Scotia (TSX:BNS). As quoted in the press release: At this point, neither Canadian lawsuit, each of which is seeking up to $1 billion in damages or compensation on behalf of investors, has been certified to move forward. Click here for the full press release. Get Our Expert Guide to Silver Investing FREE! Download this FREE Special Report, When [...]

Gold futures edged modestly higher in their start to the new trading week on Monday. Other precious metals futures declined. Gold for June delivery inched up 40 cents, or less than 0.1%, to settle... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]