DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Momentum has shifted back in gold and silver’s favor for now, said Jim Wyckoff, senior market analyst at Kitco News.
“When we last talked, the markets, both gold and silver, were in a near-term price downtrend. Remember, we talked about key support levels that had to hold to keep prices from accelerating to the downside and those key price support levels, technical levels, did indeed hold,” Wyckoff told David Lin, anchor for Kitco News.
0:00 – Gold price momentum
4:20 – Silver
7:50 – Outlook for near-term
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
How Rising Prices on Silver Affect Solar Market
The article provides information about increased prices of silver and its influence on solar world. One should know basic things before planning to invest in solar panels.Buying Silver Coins For Investment – Relevant Tips
Buying silver coins for investment purposes is indeed a great idea. The sheer range of products available makes it an interesting option to leverage. Though some people stick to silver bullion, preferring the antique silver coin over others is also a common trend.Gold Is Still a Safe-Haven As a Greek Default Still Seems Inevitable
Concerns about Greek default, and the knock-on effects which could have drastic consequences on global financial markets, have diminished – for now. However it is far too early to completely write off a Greek default which seems inevitable in the long term. Some analysts say five years until default, but others say this is far too optimistic and Greece will collapse financially well before that.Is Gold in a Bubble?
Is gold in a bubble that is soon to burst? Great question if you are concerned about the direction of the US dollar. Read this article to learn facts about our current economic stage and why is different than the 1970’s when the dollar was removed from the gold standard. Find out why gold is the unambiguous winner for the state of Utah, for central banks, and one outstanding university.The Gold Sovereign
The British Gold Sovereign is one of the most ubiquitous of all coins and much sought after by both coin collectors and bullion investors. Sovereigns have been minted since 1817 and here is a brief introduction and description of this world famous coin.Don’t Wait: Invest In Gold And Silver Now
With Greece having to implement “austerity measures” to ensure continued money from the Union their people are in an uproar. The United States is in a similar predicament. Continue printing money or default. No longer can we even afford the interest payments on our debt and our favorite “friend” China doesn’t want to help us out anymore. So what are our options? Print money to pay the interest on our debt or default.Why You Should Buy Silver Now
The end of June marks the end of QE2. So what does that mean for the economy? Is the dollar going up or down? Greece, Spain, Ireland, Italy, Portugal, they are all making quite a splash in the headlines today. Of course there are so many war fronts going on, it is difficult at best to keep track of them all. So how do you protect yourself? Should I buy Silver now?The Knowledge Of The Basics Of Gold Transactions Helps In Deciding Where To Sell Gold Coins
Gold, as a property, is one of such items that has got a great value in any period of time. Be it the historic era or the modern times, the value that people associate with gold is never dying.The Kitco Raid and Why It Is Not Safe to Store Gold in Canada
One of the world’s most prominent gold and silver dealers was recently raided by Canadian authorities. This article explains why, in my opinion, means it is no longer safe to buy or sell gold in Canada. Switzerland, Singapore and Hong Kong are more reliable alternatives for storage of physical gold bullion.Silver Investing – Is the Party Over?
There has been much written by silver bulls the past few years about the low price of silver relative to that of gold. I am one of those bullish authors. In 2010 and early 2011 all the bullish rhetoric about silver investing proved to be more than justified by the relative price increases in silver and gold, with silver outperforming gold by almost 300% during this that period. Then silver hit a big bump in the road-or more descriptive; fell into a trench in the road. The price pulled back over 30% in a week, and didn’t recover and make new highs in a few days as it had done in other recent sharp pullbacks. Is the party over for silver investing? Has the bubble burst?