Category Archives: Palladium Prices

Gold Markets – Gold Surprises Higher

Gold Market Commentary for Thursday October 1st, 2020 (www.golddealer.com) By Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $20.90 at $1,908.40 today in another surprising shift to the upside.  It would seem that just when the bears think the “end is nigh” gold shifts gears and moves in the opposite direction. […]

The post Gold Markets – Gold Surprises Higher appeared first on CoinWeek.

Continue Reading on CoinWeek

JPMorgan Ordered to Pay Record $920 Million for Precious Metals Spoofing, Manipulation

Commodity Futures Trading Commission (CFTC) ……   The Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges against JPMorgan Chase & Company (JPMC & Co.) and its subsidiaries, JPMorgan Chase Bank, N.A., and J.P. Morgan Securities LLC (JPMS) (collectively JPM), for manipulative and deceptive conduct and spoofing that spanned at least […]

The post JPMorgan Ordered to Pay Record $920 Million for Precious Metals Spoofing, Manipulation appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Trading Breaks Records, Could Reach Higher Targets Dillon Gage President Says

By Dillon Gage Metals …… Spot gold surged to an all-time record above $1,900 USD an ounce early Monday on Comex, and silver hit a seven-year high, as the dollar tumbled. The yellow metal touched $1,946.90 an ounce, taking out the record $1,921.17 for spot bullion set in 2011. The dollar fell to near a […]

The post Gold Trading Breaks Records, Could Reach Higher Targets Dillon Gage President Says appeared first on CoinWeek.

Continue Reading on CoinWeek

Dillon Gage Metals Sees Palladium Taking Aim at Surpassing $3,000 Per Ounce

Palladium reaches all-time record of $2,911.70 per ounce on Thursday, February 27   By Dillon Gage Metals …… On Thursday, February 27, palladium reached its all-time record high of $2,911.70 USD per ounce. Dillon Gage, a world leader in physical precious metals, explains why palladium is worth a lot more than its weight in gold. […]

The post Dillon Gage Metals Sees Palladium Taking Aim at Surpassing $3,000 Per Ounce appeared first on CoinWeek.

Continue Reading on CoinWeek

GoldDealer.com Market News: Gold Heats Up – 7 Year Highs

Commentary for Tuesday, February 24, 2020 (www.golddealer.com) By Richard Schwary of California Numismatic Investments Inc …… Gold closed up $$27.80 today at $1,672.40! So, we are at seven-year highs, while the Dollar Index is moving towards 100 so both gold and the dollar are now seeing solid safe-haven buying. It is a bit perplexing however […]

The post GoldDealer.com Market News: Gold Heats Up – 7 Year Highs appeared first on CoinWeek.

Continue Reading on CoinWeek

Why Palladium Prices Keep Going Up

  By Everett Millman – Gainesville Coins …… Palladium is currently in a supply deficit. This is the main reason that prices have climbed so much recently. The shortfall in the palladium supply has been building for several years. Of course, demand from the automotive industry is also playing a role. As Jim Wyckoff of Kitco […]

The post Why Palladium Prices Keep Going Up appeared first on CoinWeek.

Continue Reading on CoinWeek

GoldDealer.com Gold Market Report – Gold Ponders Its Future

Commentary for Friday, November 30, 2018 (www.golddealer.com) By Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $3.90 at $1,220.20 today. Still not much happening if you consider that gold closed Monday at $1,229.80. The best aspect, as far as the gold community is concerned is simple and positive. For now the FOMC […]

The post GoldDealer.com Gold Market Report – Gold Ponders Its Future appeared first on CoinWeek.

Continue Reading on CoinWeek

GoldDealer.com Market Report – Gold Continues to Settle

Commentary for Wednesday, June 27, 2018 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $3.60 at $1,253.00 in quiet summer trading. To say that the typical bullish/bearish trade talk has turned decidedly bearish for gold should not be surprising. Weighing on the bullish argument is obviously the […]

The post GoldDealer.com Market Report – Gold Continues to Settle appeared first on CoinWeek.

Continue Reading on CoinWeek

Precious Metals News – Rising Dollar Keeps Downward Pressure on Gold and Silver

By Everett Millman – Gainesville Coins on gold price ……. Precious metals were mixed on Monday, but both gold and silver dipped due to a strong dollar. The gold price was down 0.25% (-$3) to $1,312/oz at the opening bell. Spot silver slipped 8¢ (-0.5%) to $16.42/oz. However, platinum (+0.3%) and palladium (+1.1%) each traded higher […]

The post Precious Metals News – Rising Dollar Keeps Downward Pressure on Gold and Silver appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Price Slumps to Four-Month Low

By Everett Millman – Gainesville Coins on gold price ……. The gold price was down again to $1,306/oz on Tuesday, sliding 0.6% (-$8). A stronger U.S. dollar provided most of the downward pressure on the precious metals. Spot silver opened off about 0.5% (-9¢) to $16.21/oz. Platinum lost $8 per ounce (-0.9%) to slip below $900/oz. […]

The post Gold Price Slumps to Four-Month Low appeared first on CoinWeek.

Continue Reading on CoinWeek

GoldDealer Gold Market Commentary – Gold Again Settles Lower

Gold Commentary for Wednesday, March 28, 2018 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $17.80 today at $1,324.20 – finally deciding to settle and taking some of the recent buzz away from this market. Like I have been saying it’s no use getting too excited […]

The post GoldDealer Gold Market Commentary – Gold Again Settles Lower appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek News Wire for November 23, 2017: Bitcoin Nyet, and Speaking of Crime…

By Coinweek ….   CoinWeek News Wire for November 23, 2017 Brain Food 1.) Patriotic collectors boost market for ancient Chinese artefacts Following the fashions to buy western art and classic wristwatches, historical Chinese artefacts are now the must-have item for the country’s wealthy collectors who are snapping up maps, books and other objects that […]

The post CoinWeek News Wire for November 23, 2017: Bitcoin Nyet, and Speaking of Crime… appeared first on CoinWeek.

Continue Reading on CoinWeek

Bullion & Precious Metals: Gold Dealer Newsletter – Gold Moves Higher?

Commentary for Wednesday, November 1, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $7.10 at $1,274.10 in a kind of confused and choppy market. We opened unchanged – moved above $1,280.00 and then settled quietly lower. This small pop in prices to the upside is hard […]

The post Bullion & Precious Metals: Gold Dealer Newsletter – Gold Moves Higher? appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Markets Report: Gold Steadies or Not

Commentary for Tuesday, Oct 3, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $1.20 at $1,271.50, and while opening choppy prices firmed toward the end of the session. I would not make much of this one way or the other – it’s too soon given we […]

The post Gold Markets Report: Gold Steadies or Not appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Markets Report: Gold Tests Recent Lows

Commentary for Wednesday, September 27, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $12.90 today at $1,284.10. I think Yellen’s speech Tuesday caught most by surprise – the markets expected more accommodation even though she has been hawkish this past month. At any rate just the […]

The post Gold Markets Report: Gold Tests Recent Lows appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek News Wire for September 29, 2017: Japan Crypto, Russian Gold, War on Cash

By Coinweek …. CoinWeek News Wire for September 29, 2017: Brain Food 1.) Body Armor Made of Old Chinese Coins The Tlingit believed that the coins would provide protection from bullets. There is some anecdotal evidence that such body armor was in fact effective in a battle with the Russians in the year 1792. According […]

The post CoinWeek News Wire for September 29, 2017: Japan Crypto, Russian Gold, War on Cash appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek News Wire for August 25, 2017: Coins, Guns, and Fort Knox

By Coinweek …. CoinWeek News Wire for August 25, 2017:  Under the Radar 1.) King Rama IX commemorative coins unveiled A portrait of the late monarch in court regalia appears on one side of the coins along with his name in Thai. On the reverse are a depiction of the crematorium being erected at Sanam […]

The post CoinWeek News Wire for August 25, 2017: Coins, Guns, and Fort Knox appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek News Wire for August 25, 2017: Coins, Guns, and Fort Knox

By Coinweek ….   CoinWeek News Wire for August 25, 2017:  Under the Radar 1.) King Rama IX commemorative coins unveiled A portrait of the late monarch in court regalia appears on one side of the coins along with his name in Thai. On the reverse are a depiction of the crematorium being erected at […]

The post CoinWeek News Wire for August 25, 2017: Coins, Guns, and Fort Knox appeared first on CoinWeek.

Continue Reading on CoinWeek

GoldDealer Gold Market Report – Are the Bulls or Bears Tired?

Precious Metals Market Commentary for Monday, August 14, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $3.50 at $1,284.20 – a let-down for those considering another try at the vaulted $1,300.00 level. As promised the North Korea/Trump rhetoric has cooled and the dollar rebounded, which encouraged […]

The post GoldDealer Gold Market Report – Are the Bulls or Bears Tired? appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Markets Report: Gold Mildly Higher – Bargain Hunting?

Commentary on Gold Prices for Monday, July 10, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $3.50 at $1,213.20 today in what looks like book squaring or perhaps some mild bargain hunting. The dollar firmed up since Friday – the Dollar Index moved from 95.75 […]

The post Gold Markets Report: Gold Mildly Higher – Bargain Hunting? appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Markets Report – Gold Ignores a Weaker Dollar

Commentary for Tuesday, June 27, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $0.50 today at $1,246.90 in what turned out to be an uneventful day. The domestic market opened higher ($1,250.00) – moved off that high and settled with no buzz on lows for […]

The post Gold Markets Report – Gold Ignores a Weaker Dollar appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Markets Firm – Are You an Optimist or Pessimist?

Commentary for Tuesday, May 16, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $6.40 at $1,236.40 today. The gold market continues to attract minor attention – I say minor because most investors are still looking at stocks as investor “fear” has exited the theater. This is […]

The post Gold Markets Firm – Are You an Optimist or Pessimist? appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek News Wire for May 5, 2017

By Coinweek …. CoinWeek News Wire for May 5, 2017 Brain Food 1.) The Krugerrand: Half a century as a store of value The renowned Krugerrand – dubbed the world’s first, most successful and widely-traded gold bullion coin – this year celebrates 50 years since its first minting. It was mainly created to add value […]

The post CoinWeek News Wire for May 5, 2017 appeared first on CoinWeek.

Continue Reading on CoinWeek

Bullion & Precious Metals: Gold Dealer Newsletter – Gold Weakens, Silver Eagle Monster Box Sales Down

Commentary for Monday, May 1, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $12.80 at $1,255.50 in another defensive round. It actually opened rather flat which has been the case lately – pitched higher and then reversed itself testing the $1,254.00 level before catching much of […]

The post Bullion & Precious Metals: Gold Dealer Newsletter – Gold Weakens, Silver Eagle Monster Box Sales Down appeared first on CoinWeek.

Continue Reading on CoinWeek

CoinWeek News Wire for April 28, 2017

By Coinweek …. CoinWeek News Wire for April 21, 2017 Brain Food 1.) The Hidden Science Of The New British Pound Coin There is however one security feature that the Royal Mint are being particularly cagey about, and that is the feature that they deem to make the coins the most difficult ever to forge. […]

The post CoinWeek News Wire for April 28, 2017 appeared first on CoinWeek.

Continue Reading on CoinWeek

Bullion & Precious Metals: Gold Dealer Newsletter – Gold Firm as Europe Considers Options

Commentary for Friday, April 21, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $5.30 at $1,289.10 and once again holds its ground. So where are we going into the weekend? I think traders are cautious but not ambivalent – on the short term gold is […]

The post Bullion & Precious Metals: Gold Dealer Newsletter – Gold Firm as Europe Considers Options appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Dealer Newsletter – Gold Traders Continue to Buy the Dips

Commentary for Monday, April 10, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $3.40 at $1,253.90 USD today in directionless trading. The overnight London and Hong Kong markets were sleepy – there was a selloff in early domestic trading which looked at $1,245.00 but traders once […]

The post Gold Dealer Newsletter – Gold Traders Continue to Buy the Dips appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Dealer Newsletter – Gold Continues to Flirt with Higher Prices

Commentary for Monday, March 27, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed up $7.20 today at $1,255.70. The common wisdom being that gold is pushing higher because of safe haven buying now in place because Trump policies are failing? Please – I think the best […]

The post Gold Dealer Newsletter – Gold Continues to Flirt with Higher Prices appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Fades as the Dollar Grows Stronger

Commentary for Thursday, March 2, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $17.10 at $1,232.90 today in the face of rising optimism and it was a pretty rough day for all the metals. It will be tough for gold to get any traction as the […]

The post Gold Fades as the Dollar Grows Stronger appeared first on CoinWeek.

Continue Reading on CoinWeek

Precious Metals Markets – Gold Continues to Hold Steady

Commentary for Tuesday, February 21, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed virtually unchanged today down $0.20 at $1,238.90. It lost ground in early trading and at one point reaching $1,227.00 before turning around – gaining back its lost ground despite a strong Dollar Index which […]

The post Precious Metals Markets – Gold Continues to Hold Steady appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Markets Report – Gold Again Loses Ground to the Dollar

Gold Markets Commentary for Thursday, November 18, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed down $8.00 at $1,208.50 USD today so on the week gold has lost $10.60 with a top to bottom spread of $15.50. This market continues weak as the dollar again moves higher […]

The post Gold Markets Report – Gold Again Loses Ground to the Dollar appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Markets Report – Gold Moves Higher – On Politics?

Commentary for Friday, October 28, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $7.30 today at $1272.30 and got a political kick in the pants in the aftermarket which pushed prices up another $7.00 looking at $1280.00. So just when you thought it was safe to […]

The post Gold Markets Report – Gold Moves Higher – On Politics? appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold Market Report – Gold Holds Modest Gains

Commentary for Thursday, October 27, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed up $2.90 at $1,265.00. The overnight market in gold was generally supportive moving higher by a couple of dollars in both Hong Kong and London but the US market broke down that same few […]

The post Gold Market Report – Gold Holds Modest Gains appeared first on CoinWeek.

Continue Reading on CoinWeek

Gainesville Coins: Time for Platinum Group Metals to Shine

Platinum Bullion Coins, – Maple Leaf – Australian Platypus and US Platinum Eagle By Everett Millman – Gainesville Coins ……. The Platinum Group Metals are apparently coming back into vogue among bullion investors. Two PGMs–platinum and palladium–are rallying more than their precious metal cousins of late, and the markets have responded. Alternative Asset Although they […]

The post Gainesville Coins: Time for Platinum Group Metals to Shine appeared first on CoinWeek.

Continue Reading on CoinWeek

Gainesville Coins Market Update: May 22-29, 2015

The volatility of global equities was on the rise this week, with significant sell-offs on the major stock exchanges in the U.S. (Tuesday) and China (Thursday). This coincided with a downward revision of first-quarter GDP amid an array of other disappointing economic data in the States. Funds continued to crowd into the bond markets, though […]

The post Gainesville Coins Market Update: May 22-29, 2015 appeared first on CoinWeek.

Continue Reading on CoinWeek

Precious Metals Market Commentary: Gold Breaks Out on Rising Volatility

by Dana Samuelson – American Gold Exchange Gold is now in a technical break-out. After surging nearly 5% last week and bolting through several key resistance levels, it has gained more than 9% so far this year, the best annual start since 1986, and 13% since in November, when it hit a cyclical bottom of $1,140. […]

The post Precious Metals Market Commentary: Gold Breaks Out on Rising Volatility appeared first on CoinWeek.

Continue Reading on CoinWeek