Gold prices started the week strong on Monday with an opening of $1,259.45 and a close of $1,263.36 an ounce. The price of gold on Tuesday morning was $1,262.23, and it reached $1,251.06 by the end of the day. Wednesday’s opening was up $1.52 at $1,252.68, and strong interest took the quote to $1,258.75 by… Read more »
The moment that Arizona precious metals investors have been hoping for finally came this week, as Governor Doug Ducey signed Arizona House Bill 2014 into law. The bill eliminates state capital gains taxes on income “derived from the exchange of one kind of legal tender for another kind of legal tender,” which specifically includes specie,… Read more »
Silver is essential to numerous technology applications. One of the newest trends shaping the silver market is “wearable technology.” Thanks to ongoing advances in microcircuitry, scientists and fashion designers are teaming up to use silver in novel and exciting ways that are contributing to demand for the white metal. 1 Biometrics The new wearable products and clothing… Read more »
The spot silver price chart reported that the week opened at $16.72. Light trading kept prices for the white metal in a narrow range before closing up at $16.66. Afterhours trading saw more buying, which resulted in an opening of $16.72. Steady buying sent the price of silver to $16.94 on Tuesday, and the Wednesday opening… Read more »
Gold saw a Monday opening of $1,233.20, which was followed by light trading in a narrow range. The day’s close two dollars down at $1,231.47 proved to be the low for the week. Tuesday opened up three dollars an ounce at $1,234.33, and marched straight to another nice increase, marking $1,243.50 when the closing bell rang…. Read more »
The unanimous passage of HB 3169, a bill establishing a bullion depository in Texas, is seen as a victory in the fight against the U.S. Federal Reserve’s money monopoly. This step follows the recent Texas bill, SB 2097, to make gold and silver legal tender in the state. Texas is just the latest of several states, including Arizona, that… Read more »
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