Gold hits $1,300/oz. for first time this year

Silver Market Morning: August-18-2017: Gold and silver moved robustly higher again as the dollar weakened!

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The dollar is falling once more, but not precipitously. It will lead to higher gold prices if it continues. This is being reflected in today’s prices. There is strength to the rise in gold price that we had not seen before in the previous attacks on $1,300. The causes are solid too. These are; an overvaluation of the dollar, a resuscitation of U.S. demand for physical gold, a dearth of sellers of gold, Shanghai’s demand for gold remains strong as it does in London!

Gold Today

Friday, August 18th

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First published here: Silver Market Morning: August-18-2017: Gold and silver moved robustly higher again as the dollar weakened!

Keener Risk Aversion In World Marketplace After Spain Terror Attacks

World stock markets were mostly lower in overnight trading.

The U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins.

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First published here: Keener Risk Aversion In World Marketplace After Spain Terror Attacks

Precious Metals Rebound, Gold Rises 0.3%

Precious metals futures advanced Wednesday with gains ranging from 0.7% for platinum to 2% for palladium. Gold for December delivery climbed $3.20, or 0.3%, to settle at $1,282.90 an ounce on the...

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First published here: Precious Metals Rebound, Gold Rises 0.3%

Gold Slips 0.8%; Silver Posts First Loss in 6 Sessions

Precious metals futures declined Tuesday, led by silver which sank 2.4% and marked its first loss in six sessions. Gold for December delivery lost $10.70, or 0.8%, to settle at $1,279.70 an ounce on...

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First published here: Gold Slips 0.8%; Silver Posts First Loss in 6 Sessions

Gold Logs First Loss in Four Sessions, Silver Logs Fifth Straight Gain

Precious metals ended mixed Monday, with gold snapping a three-session winning streak and silver gaining for a fifth session in a row to mark a 2-month high. Gold for December delivery declined...

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First published here: Gold Logs First Loss in Four Sessions, Silver Logs Fifth Straight Gain

Last Chance at U.S. Mint Presidential $1 Coin Products

This is the last year to buy Presidential $1 Coins and related products, the United States Mint announced in a brochure that was snail-mailed to customers this month. Coins honoring former U.S....

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First published here: Last Chance at U.S. Mint Presidential $1 Coin Products