Silver Prices

Silver Prices May Level Off – but Will Stay Strong in Coming Months

silver bars

Silver prices got a slight bump this week, as traders continue to feed into the momentum of precious metal investments generated by fear of earlier-than-expected interest rate hikes. Silver prices are up about 1.3% on the week to $21.13 as of 12:17 p.m. today (Friday).

This week’s climb is not as dramatic an increase as last week – here’s what has changed, and where the white metal is headed...

An Old Institution Dies… and a New Bull Market Is Born

bull market

After 117 years, the current London Silver Fix is shutting down.

In fact, we know it's going to happen on August 14th for certain.

Free marketeers are excited; for years many have maintained that silver prices are being manipulated.

Ted Butler, for one, publishes commentary with a special focus on the silver market. Ted's likely the most outspoken observer of daily silver futures price machinations anywhere. I did an extensive interview with him on this very topic in 2012.

Now comes confirmation that the London Silver Fix is finally closing shop.

That in itself isn't proof of manipulation, but the circumstances certainly raise some intriguing questions.

There are clues from its history worth studying - and profits to be made from its demise…

Full Story

The Tone of Today's FOMC Meeting Matters for Gold and Silver

fomc meeting

Gold, silver, and the FOMC meeting today: Precious metal prices were fairly steady Wednesday morning awaiting the typically market-moving statement from the Federal Open Market Committee (FOMC) meeting today. The spot gold price was last trading down $0.90 at $1,271.50. July silver prices were last quoted up $0.003 at $19.735 an ounce.

Over the last several years, investors have shown a keen interest in shiny assets as the U.S. Federal Reserve liberally printed money and distrust in dollars grew. But that interest has waned as the Fed slows its bond buying.

Now an FOMC meeting can be a strong headwind for gold and silver...

Silver Price Today Cushioned by Solid Demand

silver price today

The silver price today moved solidly higher in morning trading following some positive economic data out of China.

July Comex silver traded up $0.392, or 1.26%, at $19.73, after the preliminary HSBC China manufacturing purchasing managers index (PMI) for May came in at 49.7. That was up from 48.1 in April, and was the best reading in five months.

Here’s what’s next for the price of silver…

With the Silver Price Low, Demand for Physical Silver Sets a Record

Silver Prices

It's like Money Morning Global Resources Specialist Peter Krauth has been saying: A low silver price doesn't scare away investors; it draws them in.

As silver prices slumped 36% in 2013, retail investors took advantage of the dips and sent physical silver demand up 13% to an all-time high, according to World Silver Survey 2014.

Here's what else is moving demand for physical silver today...

Spike for Silver Prices Ahead? This Options Activity Suggests So

silver prices

After rising as much as 16% earlier this year, silver prices are now nearly unchanged year-to-date. They're up just 0.2%, while gold has gained 7.2%.

The silver price isn't the only number that's lagging...

Silver's option activity sits near a decade low. That's highly unusual - and won't last.

In fact, the low activity suggests some big changes ahead for the white metal…

Silver Prices Move Higher Amid Stock Market Sell-Off, Dovish Fed

silver prices

Silver prices spiked some 2%, or $0.51, to $20.49 an ounce intraday Thursday before closing the session up $0.37 to $20.14 an ounce.
The gains came as the U.S. stock markets sold off sharply. Stocks sank even after the Labor Department reported U.S. weekly jobless claims dropped to a seven-year low, a sign of ongoing recovery in the labor market and the economy.

But what we care about is the big picture.

Here's what's ahead for silver...

Silver Prices Slip in 2014's Q1 but Consumer Demand Still Solid

investing in silver

Spot silver prices rose $0.07, or 0.4%, to $19.86 an ounce midday Monday as precious metal traders and investors gear up for a busy week ahead.

Market participants remain guarded, with a spate of U.S. economic data flooding in as the week wears on. Capping the busy week will be Friday's closely watched March jobs report.

Meanwhile, Monday caps the end of 2014's first quarter.

So let's take a look at silver...

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