Silver Spot Price (Updated Hourly):

The silver spot price in the chart below is updated hourly.  You can adjust the timeframe of the chart to see the historical price trends that you are interested in.


Slight variations in spot silver prices could affect the value of silver coins, bars and rounds. Even though minting, margins of dealers, taxes as well as delivery costs can all raise the selling price of silver bullion coins, bars and rounds it’s the silver spot price that’s got the greatest influence on the actual value of silver bullion. This webpage provides up-to-date silver spot price information that will help you assess the value of your silver bullion purchases as well as sales.

 

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Click to view a price quote on GLD.

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Originally posted here:
Gold, Silver Focus on Fed

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Click to view a price quote on SLW.

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Originally posted here:
Silver Is Getting Pounded

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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Silver Trust where we have detected an approximate $28.7 million dollar outflow — that’s a 0.4% decrease week over week (from 347,250,000 to 345,950,000).
START SLIDESHOW:Click here to find out which 9 other ETFs experienced notable outflows »

The chart below shows the one year price performance of SLV, versus its 200 day moving average:

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Link:
Notable ETF Outflow Detected – SLV

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In trading on Wednesday, shares of the iShares Silver Trust ETF entered into oversold territory, changing hands as low as $21.73 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.


In the case of iShares Silver Trust, the RSI reading has hit 28.5 — by comparison, the RSI reading for the S&P 500 is currently 70.6.

START SLIDESHOW:Find out what 9 other oversold stocks you need to know about »


A bullish investor could look at SLV’s 28.5 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

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Continue reading here:
SLV Crosses Critical Technical Indicator

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VANCOUVER, Canada (Bullions Bull Canada) — As massive supply-deficits and vanishing inventories lead to greater and greater stress in our totally corrupted precious metals markets, these dynamics push us toward one of two potential “implosion” events.

One of these gruesome endings is obvious: a formal default in the gigantic futures markets for precious metals, which now completely dominate the real, legitimate markets.

The other path toward implosion is less direct, less obvious and thus much less discussed. However, for forthcoming reasons it is also (by far) the most likely manner in which the phony/fraudulent “paper” markets for gold and silver will be discredited, and (more or less) exposed for what they really are.

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Continued here:
Decoupling Likely in Precious Metals Markets

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Updated from 11:25 a.m. ET with settlement prices.

NEW YORK (TheStreet) — Gold prices popped Monday after durable-goods orders suggested that the U.S. manufacturing sector was softening.

Gold for June delivery at the COMEX division of the CME jumped $14.90 to $1,423.70 an ounce. The gold price traded as high as $1,433.60 and as low as $1,411.50 an ounce, while the spot price was adding $17.60, according to Kitco’s gold index.

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Gold Finds Groove on Weak Durable Goods (Update 1)

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NEW YORK (TheStreet) — Gold prices were popping Monday after durable-goods orders suggested that the U.S. manufacturing sector was softening.

Gold for June delivery at the COMEX division of the CME was jumping $17.30 to $1,426.10 an ounce. The gold price traded as high as $1,433.60 and as low as $1,411.50 an ounce, while the spot price was adding $12.30, according to Kitco’s gold index.

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The rest is here:
Gold Finds Groove on Weak Durable Goods

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NEW YORK (TheStreet) — A few months ago I wrote about the then new Gold Shares Covered Call ETN issued by Credit Suisse .

That exchange-traded note was designed to synthesize a long position in the SPDR Gold Trust . It also synthesizes the sale of calls each month that are 3% out of the money.

The objective of GLDI is to provide investors with exposure to gold along with the opportunity to receive monthly income — in the form of dividend from the payment of the notional call premium. Investors will enjoy monthly gains in the precious metal of up to 3%.

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New Silver ETN Offers High Income Potential

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NEW YORK (TheStreet) — While gold dominates negative headlines, a new report on silver is out to remind investors that silver hasn’t posted a great run either.

Silver prices, which often move in correlation with gold prices, suffered in 2012 from a setback in global economic growth as industrial demand softened and physical demand waned due to restrained buying in Asia, according to the Silver Institute’s 2013 world silver survey.

The report, published Wednesday morning, comes a week after COMEX gold saw its largest single-day dollar drop on record and as silver has dropped 13.4% since its close on April 12.

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Silver Demand Softens on Industrial Swoon

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NEW YORK ( Thestreet ) — Commodity prices have been sinking.
So far this year, iShares Silver has lost 22.8%, while Teucrium Wheat has dropped 12.1%. Wary investors have been dumping some commodities ETFs. SPDR Gold Shares alone has recorded outflows of $10 billion this year, according to IndexUniverse.com.

Can commodities bounce back soon? Maybe not. Oil and gold have declined partly because of sluggish demand from China and other emerging markets. Unless the global economy improves, prices could remain soft.
But there are still good reasons to consider holding commodities ETFs. Commodities can provide diversification, sometimes rising when stocks are falling. A sudden event — such as war in the Mideast — could push up oil prices and send commodity funds through the roof.

It can also make sense to own commodities for protection against inflation. In periods of rising prices, commodities have often outdone other assets. For the moment, inflation remains subdued. But economists worry that money printing by the Federal Reserve could push up prices eventually.
>>Also see: Apple Could Kick Stock Market in the Core >>

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A Steadier Way to Hold Commodities

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