News that impacts the gold and silver markets.
April, Financial Literacy Month, is often seen by those in the financial sector as an opportunity to educate people on how to manage their money within an existing financial system. At OWNx, we take a different approach by helping you understand what the role of gold and silver will be …
The outlook for the price of gold and silver continues to remain choppy over the next several months. Several factors are influencing the outlook. Seasonal factors: Historically, the price of gold and silver tends to flatten out over the summer months and regain strength in the fall when India’s festival/wedding …
Gold and silver have had a nice run this week and the price of gold reached a five month high today. There are many factors contributing to the recent sustained strength. Geopolitical tensions remain on edge with the United States and Russia at odds over recent developments in Syria. Gold …
Today marked both the month and quarter end closing price for gold and silver. For those who watch technical indicators and moving-day averages, the failure of gold to close above the 200 day moving average at $1,262 indicates that a major upward move in gold may have not yet begun. …
Gold and silver appear to be taking a pause after a strong two week run. During that time, the price of gold rose from $1,200 to about $1,250 at the close of this week. The price of silver had fallen to $17 but has risen to $17.83 at the time …
An interesting development has occurred in the markets that would suggest a sustained, multi-year rise in gold and silver prices is indeed around the corner. This week Fed chair Janet Yellen signaled what the FOMC’s intentions are on future interest rates. Prior to the meeting, some analysts were looking for …
It is interesting that recently there are increasing numbers of articles written discussing the merits of returning our monetary system to some form of the gold standard. One of the most unlikely people to be warming to the idea is, none other than, former Federal Reserve Chairman, Alan Greenspan. Alan …
Since the beginning of the year, both the DOW and gold have had impressive runs. The DOW now sits near 21,000 and gold has risen above the $1,260 level. It appears as though both may be ready for a pause. No market goes straight up, and the DOW has risen …
Thus far in 2017 the price of silver has outperformed the price of gold on a relative basis. That means that the gold-to-silver ratio (the number of ounces of silver it takes to buy one ounce of gold) is falling. It began the year near 71 and now sits at 68.5. …
Gold and silver prices have suffered over the past few years through a grueling down market. 2016 appears at this point to have set a firm bottom in place for the price of precious metals. The same appears to be true for a broader basket of commodities. In fact there is …
