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Gainesville Coins News Blog


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Gainesville Coins News is a daily blog that brings you the latest news in the financial markets. Find updates and analysis of the gold and silver markets.
2018-06-12 14:01
A rather calm meeting between leaders of the U.S. and North Korea dominated headlines Tuesday morning. Spot gold slipped modestly to $1,297/oz. The silver price was off 4¢ (-0.25%) to $… Read More
2018-06-11 13:52
With a busy week on tap, the precious metals were little changed to begin trading Monday. The gold price held steady around $1,298 per ounce, struggling to break past resistance. Spot silver… Read More
2018-06-10 14:37
One of the major players in the precious metals industry is largely closing up shop. What does that mean for the rest of the markets? Marred Reputation Big banks have long played a crucial r… Read More
2018-06-08 13:56
Friday morning saw spot gold remain steady at about $1,298 per ounce despite growing geopolitical strife over trade. The silver price rose 7¢ (+0.45%) to $16.75/oz, consolidating its re… Read More
2018-06-07 14:14
The precious metals rose in early trading for the second straight session. Spot silver rallied another 15¢ (+0.8%) to $16.80/oz. Meantime, spot gold was up modestly, trading just shy of… Read More
2018-06-04 14:06
Fears of an escalating trade war between the US on one side, and China, the EU, Canada, and Mexico on the other are weighing on the dollar this morning. Gold prices are making a push to rega… Read More
2018-05-31 13:55
The precious metals held steady Thursday as global markets looked to find their footing. Spot gold was unchanged at $1,300/oz after futures prices inched higher yesterday. The silver price r… Read More
2018-05-27 12:18
Why would someone eat gold? It may sound like an asinine question, but don’t tell that to the high-net-worth individuals who have shelled out thousands of dollars for the opportunity t… Read More
2018-05-24 14:17
A lingering reaction to the Fed meeting minutes released yesterday boosted gold at the expense of the dollar. Thursday morning saw spot gold add almost $13 (+1.0%) to $1,305/oz. However, the… Read More
2018-05-22 14:01
A slightly softer U.S. dollar gave the precious metals a boost this morning. The gold price managed to poke back above $1,290 an ounce by yesterday’s close. It inched higher on Tuesday… Read More
2018-05-14 14:00
Gold saw volatile action on Monday but stayed in a fairly tight trading range. Spot gold was up modestly (+0.2%) to about $1,320/oz. However, spot silver lost 4¢ (-0.25%) to $16.60/oz… Read More
2018-05-08 14:16
Bond yields and oil prices fluctuated this morning as investors focused on the imperiled status of the Iran nuclear deal. Still, spot gold sank 0.6% lower (-$7.50) to about $1,306 an ounce o… Read More
2018-05-01 14:13
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… Read More
2018-04-30 14:09
Precious metals are down across the board this morning, as the US dollar is riding upbeat consumer inflation news to make another attempt at the 92 mark on the DXY index of major currencies… Read More
2018-04-27 13:57
Gold prices are holding on to modest gains, as this morning’s initial reading on first quarter GDP offered a mixed bag for investors, Spot silver and palladium prices are flat, while p… Read More
2018-04-18 01:08
Each year, the spring festival known as Akshaya Tritiya is celebrated by Hindus and Jains all around the world. The beginning of the celebration falls on April 18th (today) this year. As is… Read More
2018-04-15 16:14
To slightly amend a quote from the classic film Fight Club, “On a long enough timeline, the survival rate of every fiat currency is zero.” The deteriorating economic situation in… Read More
2018-04-13 14:08
Markets weren’t spooked by the arrival of Friday the 13th as global stocks traded higher this morning. Action has continued to be up-and-down for the precious metals. The gold price ro… Read More
2018-04-10 14:10
The precious metals moved higher this morning despite a surge in risk appetite among investors. Gold prices opened modestly in the green (+0.25%) at $1,339 per ounce. Spot silver was up 7&ce&hell…Read More
2018-04-02 14:07
Financial markets faced another difficult day on Monday as China followed through on threats to retaliate against U.S. tariffs. Amid these tensions, the precious metals got a boost. Spot gol… Read More
2018-04-01 15:19
In the time since the precious metal prices began to fall from their highs in 2011 and 2012, the gold mining sector has struggled to recover. This is despite gold prices rising on an annual… Read More
2018-03-12 14:17
Investors continued to pile back into the global stock markets on Monday, sending the precious metals modestly lower. The gold price fell about 0.5% (-$6) to below $1,317 per ounce. Gold tum… Read More

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