While the demand for precious metals is certainly off its highs from prior years, investors would be quite surprised by the astonishing amount of physical gold and silver investment since the 2008 financial crisis.  Only by comparing the gold and silver investment demand in the prior decade, can we truly understand how the precious metals market has changed, and probably forever.Now, before I...Read More

Yellow metal will remain under pressures on strong dollarGold prices will remain subdued in the second quarter due to the strengthening US dollar, concerns over the global economic slowdown and Brexit chaos, giving a good opportunity to buyers to cash in on the lower prices, analysts and jewellery retailers have said.They believed that $1,300 (Dh4,771) an ounce is the key resistance level, once it...Read More

The dip in price is an opportunity for the customers to buy gold and jewellery on lower rates.Gold prices will remain subdued in the second quarter due to the strengthening US dollar, concerns over the global economic slowdown and Brexit chaos, giving a good opportunity to buyers to cash in on the lower prices, analysts and jewellery retailers have said.They believed that $1,300 (Dh4,771) an ounce...Read More

Jeff Clark, Senior Analyst, GoldSilver  I wrote to silver last week, and she answered back. I'd like to share our correspondence with you...Dear Silver,I'm a big fan. You offer so many important benefits to an investor, and at such a low price. You're a permanent store of value. You're nobody else's liability, so I know when I buy you, I'm not relying on anyone else to live up to their end of...Read More

Gold bugs, meet blockchain - the decade-old computer programming behind bitcoin that backers say is now fueling a revolution in the financial industry. Tradewind Markets, a startup founded in 2016 by former Wall Street and gold-industry executives, said its blockchain-based trading platform allows investors to buy gold and keep it at the Royal Canadian Mint without ever having to take ph...Read More

McClellan Financial Publications, IncPosted May 6, 2019May 3, 2019A little bit of fear over the old saying about “Sell in May and go away” has led the VIX Index to pop up through its 50-day moving average (50MA), but stopping right at its upper 50-1 Bollinger Band.The VIX’s pattern of higher lows is not confirming of the higher price highs, and for now that is a problem for the b...Read More

Contagion The urge to merge is spreading. Two weeks ago, news broke that Bristol-Myers Squibb (BMY) would spend $74 billion for Celgene (CELG) . Then we heard that Eli Lilly (LLY) would acquire Loxo Oncology (LOXO) for cash. Almost immediately, the talk swirled around BMY as a potential takeover target itself. It's not just the pharmaceutical space, friends. The break of dawn brought to our mids...Read More

Lundin Mining said on Wednesday that it expects to be able to update shareholders by the end of this month on discussions to sell all or part of the company, but cautioned that a deal is not a certainty.“I think we should be in a position to give a pretty good update come the end of this month and give some indication in terms of which direction we’re heading and whether a transaction...Read More

Copper fell to within a few cents of its year-to-date lows early Monday morning, hit by cooling demand concerns in China following data that showed the country’s vast manufacturing sector slow down in April.But prices managed to recover from their losses at the New York open, supported by a firmer tone on Wall Street following the confirmation that Al Qaeda leader Osama bin Laden had been ki...Read More

The silver price trended lower last week after hitting a high of nearly $16 the prior week.  So, what's in store for silver and the broader markets this week?  If we look at the moving averages and what is taking place in the broader markets, we may find some clues.  It seems as if the silver price over the past two weeks has been moving in the opposite direction of the Dow Jon...Read More

Shares of Freeport-McMoRan Inc. (FCX) , one of the world's largest copper miners, fell by 13.1% on Thursday to close at $10.70 after the company reported disappointing fourth-quarter results. The company reported net income of $140 million, or 11 cents a share, after reporting net income of $1.04 billion, or 70 cents a share, a year ago. Copper production fell 17% to 841 million pounds. Aver...Read More

It's proving to be an ugly day for the market. As of this writing, all major stock market indices are down at least 1.5%, dragging stocks to the lowest levels seen since the start of this summer. Simply put, the price action we're seeing in the broad market Tuesday doesn't paint a particularly rosy picture for stocks' staying power during the rest of 2018. But while Mr. Market gets gut-punched t...Read More

Gold is glittering this October - and miners are proving to be one of the best ways to play the trend. Since bottoming back in the middle of September, the average gold mining stock has surged around 15% higher, vs. a 3.3% stumble in the S&P 500 over that same time frame. That's not totally surprising. After last week's big "risk off" moment on Wednesday and Thursday, a flight to quality to gold...Read More

Canada's Barrick Gold Corp. is reportedly near an agreement to buy London-listed Randgold Resources Ltd. in a deal that could be worth as much as $18 billion, according to media reports. The agreement could be announced as soon as Monday, according to a report from Reuters citing a person familiar with the talks. Mining blog IKN first reported the news on Sunday, and Bloomberg later said the t...Read More

Gold prices have taken it on the chin, but don't be scared to shop the space. Goldcorp (GG) saw a weak second quarter, with lower gold production and higher-than-estimated costs. The company has advised the third quarter will also be soft, while forecasting a strong fourth quarter. The company's grand 20/20/20 goal (for 20% higher production, 20% higher reserves, and 20% lower costs) was resta...Read More

As the adage goes, buy the dip. Copper's recent pullback to around $6,000 a metric ton due to trade tensions between the U.S. and China presents a buying opportunity, according to Citigroup Inc. analysts. Copper is often known as Dr. Copper -- the metal with a Ph.D. in economics -- because of its ability to anticipate shifts in the global economy. Copper is used in industries including construct...Read More

Commodities from oil to precious metals showed their strength Wednesday, April 18, pushing higher across the board. While gold futures for June delivery were up 0.34% to $1,354.10 per ounce, other metals were rallying harder. Silver futures for May delivery gained 2.61% to $17.23 per ounce. Copper futures for July delivery soared 2.37% to $317.65 per pound. Platinum spot prices jumped 0.95% to $...Read More

Amid the threat of a trade war breaking out between the U.S. and China, Wall Street and Main Street alike look for gold prices to continue their rally next week. The yellow metal rose sharply this week and by late Friday morning was up some $40 from the lows of Tuesday. The first leg higher came when the Federal Reserve did not appear to be signaling any increase in policymakers' pace of monetar...Read More

The markets are tanking on Thursday, with the Dow down 500 points earlier in the session amid concerns about rising interest rates and ongoing troubles at Action Alerts PLUS holding Facebook (FB) . And that was before President Trump slapped China with $60 billion in tariffs. Here are three top takes from the columnists ofReal Money andReal Money Pro, our premium site for active investor...Read More

A weight has been lifted from the gold market after the Federal Reserve signaled Wednesday that it is in no hurry to raise rates faster than it was already expecting this year, according to one gold analyst. In a telephone interview, George Milling-Stanley, head of gold investments at State Street Global Advisors said that he now expects gold prices to eventually retest the top of its recent ran...Read More