Commentary for Friday, April 24, 2015 ( www.golddealer.com) – Gold closed down $19.20 on the Comex today at $1175.20. The market got weaker overnight in London and Hong Kong and the downward move accelerated in the domestic market. I don’t know what to makes of this latest weakness – it…
Rhodium is one of the rarest precious metals on the planet. A member of the platinum group metals (PGM) together with platinum and palladium, rhodium is a key component in the car industry as well as in electrical connections and in aircraft turbine engines. The rarity of rhodium combined with…
Commentary for Thursday, April 23, 2015 ( www.golddealer.com) – Gold closed up $7.50 today on the Comex at $1194.40 in what I call ho-hum trading and is now around 3 week lows so there is not much enthusiasm in the precious metals market. Look at the Gold Exchange Traded Funds:…
Commentary for Wednesday, April 22, 2015 ( www.golddealer.com) – Gold closed down $16.00 at $1186.90 on solid home sales data indicating the economy may be back on track after some data setbacks created by the winter cold snap. So we are now trading significantly below the $1200.00 level and the…
Gold like the American Buffalo is highly sought after by investors around the world. Not only has the price of gold been historically stable, but as a precious metal gold bullion bars and coins will always be worth something. Can you say the same about stocks and bonds? Gold is…
Commentary for Tuesday, April 21, 2015 ( www.golddealer.com) – Gold closed up $9.40 on the Comex today at $1202.90. This looks like some safe-haven buying as the Greek default possibility is once again considered. This entire debt mess is turning into wonderment – even the EU deep thinkers can’t solve…
Apr 20, 2015 | K. | Torrance , CA Client’s rating: 4 of 5 I would like to thank the staff for the great service and always being so friendly every time I go to Gold Dealer. No wonder they have been in business for over 34 years.
Commentary for Monday, April 20, 2015 – Gold closed down $9.40 on the Comex today at $1193.50 – once again dipping under $1200.00. The dollar was stronger – the Dollar Index today – ranged from 97.33 to 98.07 and is 97.97 as of this writing. However, the Dollar Index for…
Commentary for Friday, April 17, 2015 – Gold closed up $4.90 at $1202.90 on the Comex today – looks like light safe haven buying because of troubles in Greece, Iran, Russia and Yemen. In the old days a slate like that would have been worth $50.00 easy to the upside –…
Silver proof coins are among the most desirable silver coins. The U.S. Mint began producing proof coin sets in the 1800s, but silver proofs weren’t sought after by collectors until the 1930s. The most recent set of silver proof coins was the 50 State Quarters. Silver proof coins are still…