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News of China Pullback on U.S. Treasury Purchases Causes Dollar Crash  

On Wednesday, January 10, Bloomberg News reported that senior Chinese officials have recommended the country reduce reserve holdings of U.S. Treasuries. 1 The news rocked global bond markets, as Chinese foreign exchange reserves, at... Read More »

Gold to Continue Rally in 2018 as Dollar Declines Further

On January 2, 2018, gold finished the day at $1,316.10, a three-month high after ending up for the eighth trading session in a row. 1 Meanwhile, the dollar wrapped up 2017 by cementing its worst... Read More »

Price of Silver Weekly Recap: January 8 – January 12, 2018

Silver did not continue its four-week rally this week, but didn’t lose much either. Monday opened with live silver prices in the midst of a pullback at $17.14, which dipped as low as... Read More »
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Price of Gold Weekly Recap: January 8 – January 12, 2018 

Gold continued its strong bull run this week, indicated the gold spot price history chart. Monday opened off slightly at $1,318.84 but then rallied to close the day at $1,320.04. Tuesday’s open saw... Read More »

Price of Silver Weekly Recap: January 1 – January 5, 2018

Silver broke the psychological barrier of $17.00 an ounce right at the open last week and stayed above it thereafter, reported the historic silver price chart. After markets were closed on Monday for... Read More »

Price of Gold Weekly Recap: January 1 – January 5, 2018

Gold prices opened the New Year by staying above $1,300 an ounce for the first week since mid-September, indicated the historical price of gold chart. After the market close for the holiday on... Read More »