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Gold, Silver, Other Metals: Recent Demand / Performance

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Gold Seeker Closing Report: Gold and Silver Fall with Stocks 08/30
By: Chris Mullen, Gold Seeker Report
Gold fell $5.80 to $1200.50 in Asia before it bounced back to $1206.70 in London and then plunged down to $1196.50 by a little before 10AM EST, but it then chopped back higher into the close and ended with a loss of just 0.51%. Silver slipped to as low as $14.515 and ended with a loss of 1.36%.
 

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Ira Epstein's Metals Video 8 30 2018
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Published on Aug 30, 2018
 

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Ira Epstein's Metals Video 8 31 2018
Ira Epstein


Published on Aug 31, 2018
 

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Gold and Silver weekly Update – w/e 31st August 2018
Illuminati Silver


Published on Sep 1, 2018
http://illuminatisilver.com

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Today is Saturday 1st September 2018 and we are providing our gold and silver weekly update for the week ending 31st August.

Gold fell $4 last week from $1,205 to $1,201 having hit a high of $1,214 and a low of $1,197. In sterling terms gold finished the week down £12 to £926 reversing the previous week’s gain and in Euros it closed at 1,035 Euros down just 2 Euros.

Silver fell 29 cents from $14.82 to $14.53 having hit a high of $15 and a low of $14.50. In sterling terms, it closed at £11.21 that’s down 32 pence and in Euros it closed at 12.52 euros that’s down 0.23 euros.

The Gold to Silver Ratio rose yet another week from 81.3:1. To 82.65:1

The Dow Jones closed on Friday at 25,964 down 22 points on the day but up 174 points on the week; and the NASDAQ closed at 8,109 up 21 points on the day and up 164 points on the week.
Brent Crude rose $1.82 from $75.82 to $77.64 and US Light Crude rose $1.08 from $68.72 to $69.80

The dollar index stands at 95.14 that’s unchanged for the week.

Last week saw gold vacillate within a $17 range between $1214 and $1197. As we predicted last week gold initially rose, but we must admit did not hold on to those gains, which we thought it might at least for a week or so, and fell back ultimately late on Friday ending the week down $4. Analysts view this market as ‘very soft’ and see $1200 as a major support level. Technical traders believe that should gold reach $1215 we may see a sharp but small rise, but if it falls below and holds, then $1100 gold is in sight.
The one thing all traders agree, and as we have preached for months, is that its still all about the US Dollar and although it did not change last week, like gold we saw some gyrations and we need to remind ourselves from time to time, that certainly short term, gold is especially sensitive as it is one of the first places that traders will go to sell if the greenback rises.

Well Monday is Labor Day holiday, but on Tuesday we shall see a number of reports, including:
Markit manufacturing PMI for August;
ISM Manufacturing Index for August
Construction spending for July
Motor vehicle sales for August

On Wednesday the Trade Deficit for July – which as we all know is of particular importance to President Trump;
On Thursday Q2 Productivity
Q2 Unit labour Costs
Markit Services PMI for August
Factory orders for July

And on Friday, and arguably most important of all for the week,
Non-Farm payrolls for August and the Unemployment and average hourly earnings for August.

So, we have a packed week of data and reports all of which can influence traders, the dollar value, and of course important to us all, the price of gold and silver.
 

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Ira Epstein's Metals Video 9 4 2018
Ira Epstein


Published on Sep 4, 2018
 

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Gold, ESPECIALLY Silver Take Beating! What's UP With Palladium? 9/4/18
SalivateMetal


Published on Sep 4, 2018
 

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Gold and Silver break below important support levels
Illuminati Silver


Published on Sep 5, 2018
http://illuminatisilver.com

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Financial Armageddon – Final Day revisited.
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Emerging Market Collapse – why are Gold & Silver prices affected?
https://youtu.be/ukN9Xl9LIhA

Illuminati Silver - Inner Sanctum Trailer - Date Reminder : 1st Nov 18
https://youtu.be/UijZVU3thmA

Gold and Silver weekly Update – w/e 31st August 2018
https://youtu.be/KGcedn-Lljg

3 Easy ways to identify silver and gold market trends.
https://youtu.be/yxoYx_pEgwc

Will Equities rise cause silver prices to fall?
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Why the gold to silver ratio is important?
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Could the China Trade Spat adversely affect Gold & Silver Prices
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Silver Prices Up or Down – FOMC gives hints
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Silver vs Platinum
https://youtu.be/ulzNSHJRnjI

Today is Wednesday 5th September 2018 and we are briefly commenting on yesterday’s fall in the gold and silver price.

You may recall that last week the pumpers were out stating that prices had now hit bottom and that their only direction from here was up. Even David Morgan, the Silver Guru, publicly declared no further downside - as if that wasn’t enough to force prices even lower.

The pumpers will tell you, buy gold and silver now – emerging market collapses mean that those countries will pump their monies into gold and silver and cause an almighty explosion to the upside. No, they will not – they either do not have any money left, or those that do, are attempting to swap their currency for dollars, and may even find it necessary to sell what gold they have.

The pumpers have been blind sided yet again and must surely be asking themselves, when is the upturn going to occur, so we can tell our listeners “we told you so?”.

On Monday we gave you our rant at these charlatans, and yesterday, we did a slightly over the top scenario of what the Final Day of an economic collapse could look like.

Today we are being more measured. We need this week to closely look at the economic data being announced as we highlighted last Saturday. We have not only seen gold and silver fall in US dollar terms this week but also in Euros and Sterling. Silver has been hit harder than gold, with the GSR standing at 84:1 as we speak; and the dollar index is 95.41.

Gold currently stands at $1,195 and silver at $14.17. Long term technical charts suggest that $14 is a major floor or support level and possibly a turnaround position. We are not so sure, the dollar strength in our view still has a way to go. However, having said that, today we shall have the trade deficit figures and on Friday the Non-farm Payrolls, so before anyone casts any prediction in stone, its worth waiting to see what is revealed.

So this week lets watch the economic data closely and then a judgement can be made based on facts rather than gut feel, intuition or out of date charts suggesting trends which no longer apply and are used only to serve the purpose of those who are trying to convince you that they know what they are talking about. Have a great day.
 

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Gold to Silver Ratio at 25 Year Highs!
Silver Fortune


Published on Sep 5, 2018
Silver's dip to $14 was a big deal, but what I found most intriguing was the drop of the gold to silver ratio to 85:1. No, the ratio is not the be all, end all, for silver and gold. But it is important, and the move is interesting nonetheless. Watch, as I discuss the silver price going forward, and why I don't think it can drop all that further.

Help support the Silver Fortune Channel through my sponsor, SD Bullion - 10 oz. Silver Bar at Spot! https://sdbullion.com/sf

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Any content within this video or any other video by the Silver Fortune channel is merely one man's opinion, commentary, and analysis, or actual information obtained from elsewhere, and should not be constituted as legal, investment, or financial advice. Make your own financial decisions, or consult a professional if you'd prefer to go that route. The Silver Fortune channel disclaims any liability for legal, financial, or investment decisions made.
 

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Gold Seeker Closing Report: Gold and Silver Edge Higher 09/05
By: Chris Mullen, Gold Seeker Report
Gold held near unchanged in Asia before it climbed up to $1198.00 in morning New York trade and then drifted back lower at times, but it still ended with a gain of 0.3%. Silver rose to as high as $14.231 and ended with a gain of 0.21%.
 

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Ira Epstein's Metals Video 9 5 2018
Ira Epstein


Published on Sep 5, 2018
 

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Gold Seeker Closing Report: Gold and Silver Close Mixed Before Jobs Day 09/06
By: Chris Mullen, Gold Seeker Report
Gold waffled near unchanged in Asia before it rose to see a $9.70 gain at $1206.70 in early New York trade and then fell back to about unchanged by midday, but it then edged back higher in afternoon trade and ended with a gain of 0.23%. Silver slipped to as low as $14.1119 and ended with a loss of 0.21%.
 

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Ira Epstein's Metals Video 9 6 2018
Ira Epstein


Published on Sep 6, 2018
 

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Silver markets nervous ahead of US Jobs Report
Illuminati Silver


Published on Sep 7, 2018
http://illuminatisilver.com

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Silver markets nervous ahead of US Jobs Report

Today is Friday 7th September 2018 and we are briefly discussing what happened yesterday in the gold and silver markets and to emphasise the importance of today’s Non-Farm Payroll Report.

Gold markets tried to rally during the trading session yesterday but found the $1,212 level to continue to offer resistance with gold reversing its gains. However, it does look as if the $1200 level is trying to offer some support.

So, what is anticipated? Well, the headline number is expected to show the economy added 191K jobs in August. This is up from 157K in July. The Unemployment Rate is expected to dip slightly from 3.9% to 3.8%. Average Hourly Earnings are expected to rise 0.2%, slightly below the 0.3% increase reported last month.

If the figures are stronger i.e. less unemployment, then a further FED rate rise is likely, and we shall see gold move down further, if the opposite is the case then the $1200 floor may hold for a while.

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https://youtu.be/G-AKXJVMFbc

Financial Armageddon – Final Day revisited.
https://youtu.be/uP9nOv8tyRU

Emerging Market Collapse – why are Gold & Silver prices affected?
https://youtu.be/ukN9Xl9LIhA

Illuminati Silver - Inner Sanctum Trailer - Date Reminder : 1st Nov 18
https://youtu.be/UijZVU3thmA

Gold and Silver weekly Update – w/e 31st August 2018
https://youtu.be/KGcedn-Lljg

3 Easy ways to identify silver and gold market trends.
https://youtu.be/yxoYx_pEgwc

Will Equities rise cause silver prices to fall?
https://youtu.be/EK7hZLn7t9I

Why the gold to silver ratio is important?
https://youtu.be/hQ4K2K2tovg
 

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COT Gold, Silver and US Dollar Index Report - September 7, 2018
By: GoldSeek.com
COT Gold, Silver and US Dollar Index Report - September 7, 2018

Gold Seeker Weekly Wrap-Up: Gold and Silver End Slightly Lower on the Week 09/07
By: Chris Mullen, Gold Seeker Report
Gold gained $2.60 to $1202.30 in London before it dropped down to $1193.50 at about 9AM EST and then bounced back higher into midday, but it still ended with a loss of 0.3%. Silver slipped to as low as $14.078 and ended with a loss of 0.07%.
 

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Ira Epstein's Metals Video 9 7 2018
Ira Epstein


Published on Sep 7, 2018
 

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Gold & Silver Slide Further On Positive Job Numbers! How Much Longer For Low Prices?
SalivateMetal


Published on Sep 7, 2018
 

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Gold and Silver weekly Update – w/e 7th September 2018
Illuminati Silver


Published on Sep 8, 2018
http://illuminatisilver.com

Today is Saturday 8th September 2018 and we are providing our gold and silver weekly update for the week ending 7th September.

Gold fell $5 last week from $1,201 to $1,196 having hit a high of $1,206 and a low of $1,190. In sterling terms gold finished the week down £1 to £925 and in Euros it closed at 1,035 Euros unchanged on the week.

Silver fell 39 cents from $14.53 to $14.14 having hit a high of $14.54 and a low of $14.04. In sterling terms, it closed at £10.94 that’s down 27 pence and in Euros it closed at 12.24 euros that’s down 0.28 euros.

The Gold to Silver Ratio rose yet another week from 82.65:1 to 84.58:1

The Dow Jones closed on Friday at 25,916 down 79 points on the day and down 48 points on the week; and the NASDAQ closed at 7,902 down 20 points on the day and down 207 points on the week.

Brent Crude fell 81 cents from $77.64 to $76.83 and US Light Crude fell $2.05 from $69.80 to $67.75

The dollar index stands at 95.36 that’s up 0.22 on the week.

Whereas the week before last, gold vacillated within a $17 range, this past week it vacillated within a $16 range but at a slightly lower level. Prices were up at the start of the week but fell quite decidedly on Friday after better than expected jobs figures were announced. It certainly looked as if that gold was going to hold above the $1200 level, but the non-farm payroll report put paid to that.

Silver prices just seemed to fall from Tuesday and apart from a slight blip on Thursday continued its descent. Again, $14 offers considerable support and should silver fall below it then frankly there is very little resistance until we reach $13. Again, though as with gold, silver ‘s price is heavily influenced by the strength of the US dollar. We are however very aware as we said earlier in the week that the Gold to Silver ratio is again reaching that sort of level which normally leads to a small correction between the two in terms of price, and although this is not guaranteed, silver relative to gold is beginning to look very cheap.

So what news is likely to affect gold and silver prices this coming week?
Well:
• Monday - Survey of consumer expectations for August and consumer credit figures for July
• Tuesday - Wholesale Inventories for July
• Wednesday Producer Price Index for August
• Thursday Consumer price index and Core CPI for August
• Friday - Retail sales and Industrial Production for August

So, another quite reasonable week for data which can have an influence on US dollar value.

We have to admit, that precious metals have taken a small pounding these past 5 weeks and a small correction is due. However, we can see little immediately ahead of us that will weaken the US Dollar, especially with the Emerging Market Turmoil causing investors to invest in the US dollar and evacuate their own currencies.

We are, indeed also acutely aware that normally September sees higher gold and silver prices because of the Indian Love Trade and this is why we are not necessarily forecasting a major fall In the gold price as Indian demand for gold and especially silver has been strong this year but we still believe that on balance, the dollar value rules.
 

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Silver has really done well the last 3 trading sessions. Friday it outperformed gold and actually finished up a few cents despite almost every other stock index and commodity being down. Three days at the same level for both gold and silver seems like the setup for a rise this coming week.
 

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Gold Seeker Closing Report: Gold and Silver Close Mixed 09/10
By: Chris Mullen, Gold Seeker Report
Gold fell $4.40 to $1191.70 in London before it rallied up to $1198.50 by midmorning in New York, but it then edged back lower into the close and ended with a loss of 0.05%. Silver chopped between $14.076 and $14.247 and ended with a gain of 0.14%.
 

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Ira Epstein's Metals Video 9 10 2018
Ira Epstein


Published on Sep 10, 2018
 

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Gold Seeker Closing Report: Gold Gains While Silver Slips 09/11
By: Chris Mullen, Gold Seeker Report
Gold edged up to $1197.20 in Asia before it chopped down to $1187.90 in early New York trade, but it then rallied back higher into the close and ended near its late session high of $1197.80 with a gain of 0.06%. Silver slipped to as low as $13.942 before it also bounced back, but it still ended with a loss of 0.35%.
 

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Ira Epstein's Metals Video 9 11 2018
Ira Epstein


Published on Sep 11, 2018
 

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Silver falls below $14 and may go to $13.50 soon
Illuminati Silver


Published on Sep 11, 2018
http://illuminatisilver.com

Silver falls below $14 and may go to $13.50 soon even though there may be a small and short re-bounce.

Today is Tuesday 11th September 2018 and we are addressing the fact that silver has fallen below $14.
We were going to release Is Gold Money part 2 yesterday but were called away as we received news that silver was going to fall imminently and we spent yesterday investigating it. So we shall publish Is Gold Money Part 2 tomorrow but wish to address todays fall in the silver price.
 

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My Goodness, What Is Happening to Platinum?


-- Published: Wednesday, 12 September 2018

By Clint Siegner

You may have noticed the platinum price has fallen well below gold’s price and it continues to underperform the other precious metals. What is happening in the platinum market?

We see a handful of factors driving the recent declines in platinum. For starters, it is facing the same challenges we find in the gold and silver markets.

The dollar has been getting stronger, interest rates are rising, and traders on Wall Street have rarely been more carefree. Mainstream investors are positioning for economic strength, not looking for safety.

Platinum is trading like the other precious metals, which is to say performing poorly. As of this writing, platinum is down 16% for the year.


Platinum is used in autocatalysts,
coins, and jewelry.


Compare that to silver’s decline of 17% and the price action looks pretty much in-line.

There are some other fundamentals behind platinum’s underperformance in the past few years though. Demand from automobile manufacturers is weakening significantly – forecast to be down 6% this year.

The prognosis for diesel cars is even worse, and that has hurt platinum demand more than the other metals. Diesel vehicles demand primarily platinum for their catalytic converters, while gasoline exhaust systems use mostly palladium.

The 2015 scandal involving Volkswagen revealed that diesel is not nearly as clean as thought previously. The car maker had been gaming the emissions testing system, and platinum-based catalytic converters were less efficient at scrubbing out unspent fuel from diesel engine exhaust.
Those revelations have had a serious impact on platinum demand – particularly in Europe where diesel had widespread adoption based on the false assumption that it was dramatically more “green” than gasoline.

Platinum is currently in surplus. Experts anticipate supply will outstrip demand by nearly 300,000 ounces this year.

The foreign exchange markets may also be contributing to platinum’s lower price. Recently the South African Rand has fallen significantly.

Miners, who are typically paid in dollars or euros, are realizing much higher prices when those funds are converted to Rand.

For bullion investors looking to speculate as well as diversify their holdings, platinum looks interesting at these levels.

The political environment in South Africa has long been a challenge for miners. It may be about to get far worse. That may mean even more weakness in the Rand, but it can also mean a serious disruption to supply.

We also question how much longer the platinum price will remain at a significant discount to palladium. The two metals are largely interchangeable in automotive catalytic converters. If car makers see a good opportunity to save by switching to platinum, look for them to do it.

Clint Siegner is a Director at Money Metals Exchange, the national precious metals company named 2015 "Dealer of the Year" in the United States by an independent global ratings group. A graduate of Linfield College in Oregon, Siegner puts his experience in business management along with his passion for personal liberty, limited government, and honest money into the development of Money Metals' brand and reach. This includes writing extensively on the bullion markets and their intersection with policy and world affairs.

http://news.goldseek.com/GoldSeek/1536782940.php
 

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Gold Seeker Closing Report: Gold and Silver Close Slightly Lower 09/13
By: Chris Mullen, Gold Seeker Report
Gold edged down to $1203.60 in Asia before it jumped up to $1212.60 by about 9:30AM EST, but it then fell back off into midday and ended near its midafternoon low of $1200.20 with a loss of 0.32%. Silver chopped between $14.171 and $14.348 and ended with a loss of 0.28%.
 

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COT Gold, Silver and US Dollar Index Report - September 14, 2018
By: GoldSeek.com
COT Gold, Silver and US Dollar Index Report - September 14, 2018

Gold Seeker Weekly Wrap-Up: Gold and Silver Edge Lower on the Week but Miners Gain 09/14
By: Chris Mullen, Gold Seeker Report
Gold gained $6.40 to $1208.50 in Asia, but it then fell back off in London and New York and ended near its early afternoon low of $1193.20 with a loss of 0.67%. Silver slipped to as low as $14.059 and ended with a loss of 0.99%.
 

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Gold and Silver weekly Update – w/e 14th September 2018
Illuminati Silver


Published on Sep 15, 2018
http://illuminatisilver.com

Today is Saturday 15th September 2018 and we are providing our gold and silver weekly update for the week ending 14th September.

Gold fell $2 last week from $1,196 to $1,194 having hit a high of $1,212 and a low of $1,188. In sterling terms gold finished the week at £913 down £12 and in Euros it closed at 1,027 Euros down 8 Euros on the week.

Silver fell 7 cents from $14.14 to $14.07 having hit a high of $14.34 and a low of $13.97. In sterling terms, it closed at £10.77 that’s down 18 pence and in Euros it closed at 12.11 euros that’s down 0.13 euros.

The Gold to Silver Ratio rose yet again from 84.58:1 to 84.86:1

The Dow Jones closed on Friday at 26,154 up 8 points on the day and up 238 points on the week; and the NASDAQ closed at 8,010 down 3 points on the day but up 108 points on the week.

Brent Crude rose $1.26 from $76.83 to $78.09 and US Light Crude rose $1.24 from $67.75 to $68.99

The dollar index stands at 94.92 that’s down 0.44 on the week.

So what news is likely to affect gold and silver prices this coming week?

• Tuesday - Home Builders Index for September
• Wednesday -Q2 current account deficit
• Thursday - Existing home sales for August
• Friday - Markit Manufacturing and Services flash PMI for September.
 

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Ira Epstein's Metals Video 9 17 2018
Ira Epstein


Published on Sep 17, 2018
 

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Gold Seeker Closing Report: Gold and Silver Edge Lower 09/18
By: Chris Mullen, Gold Seeker Report
Gold dipped $4.60 to $1195.90 in Asia before it climbed up to $1203.50 in early New York trade and then drifted back lower into the close, but it ended with a loss of just 0.17%. Silver chopped between $14.072 and $14.229 and ended with a loss of 0.14%.
 

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Ira Epstein's Metals Video 9 18 2018
Ira Epstein


Published on Sep 18, 2018
 

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Gold Seeker Closing Report: Gold and Silver Gain with Oil 09/19
By: Chris Mullen, Gold Seeker Report
Gold gained $7.80 to $1206.20 at about 9AM EST before it chopped back lower at times, but it still ended with a gain of 0.43%. Silver rose to as high as $14.335 and ended with a gain of 0.64%.
 

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Gold Seeker Closing Report: Gold and Silver Gain Again 09/20
By: Chris Mullen, Gold Seeker Report
Gold dipped $2.10 to $1201.40 in Asia before it climbed up to $1208.40 by a little after 10AM EST and then fell back under unchanged by midday, but it then rallied back higher into the close and ended with a gain of 0.32%. Silver dipped to as low as $14.181 in Asia, but it then chopped back higher for most of the rest of trade and ended with a gain of 0.49%.
 

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Ira Epstein's Metals Video 9 20 2018
Ira Epstein


Published on Sep 20, 2018
 

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COT Gold, Silver and US Dollar Index Report - September 21, 2018
By: GoldSeek.com
COT Gold, Silver and US Dollar Index Report - September 21, 2018

Gold Seeker Weekly Wrap-Up: Gold and Silver Find Modest Gains on the Week 09/21
By: Chris Mullen, Gold Seeker Report
Gold gained $3.70 to $1211.00 in Asia before it crashed down to $1192.00 in early New York trade and then chopped back higher into the close, but it still ended with a loss of 0.69%. Silver slipped to as low as $14.155 and ended with a loss of just 0.07%.
 

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Ira Epstein's Metals Video 9 21 2018
Ira Epstein


Published on Sep 21, 2018