Silver News

Silver Market Recap Report

admin — Fri, 25 May 2012 20:47:46 +0000

The silver market forged a $1.77 ounce range this week and that was the result of a 180 degree shift in economic sentiment in the US and it was also the result of a shift in thinking toward the Greek situation….

Mid-Session Silver Market Report

admin — Fri, 25 May 2012 18:05:15 +0000

The silver market was trading mostly higher today but its gains weren’t as definitive as the gains seen in the gold market. Like gold, silver was probably partially lifted by an improvement in Michigan sentiment figures….

Hot Rolled NYMEX Futures: In the Trade Zone

admin — Fri, 25 May 2012 14:41:15 +0000

Hot Rolled NYMEX: It was a pretty steady week of business with 815 lots having traded, or 16,300 ST as we are in the zone where buyers and sellers are prepared to meet. All of the trades were in the balance of 2012….

Steel Reality MoMo Index Continues Negative Trend

admin — Fri, 25 May 2012 14:41:15 +0000

Utilizing a trailing average Hot Rolled Coil (HRC) price, the SMU/Steel Reality price momentum index for flat rolled steel in the US remained below 0% this past week and Momentum (MoMo) has been negative for the 14th straight week….

Morning Silver Market Report

admin — Fri, 25 May 2012 13:32:04 +0000

Compiled 05/25/12 6:00 AM (CT)Statistics: London Gold Fix $1,560.00 $+1.50 LME Copper Stocks 223,500 tons -575 tons.SILVER MARKET FUNDAMENTALS: (6:00 AM CT) The silver market was showing marginal gains early this morning but US stocks were showing signs of giving up…

Growing Hope of ECB LTRO #3 Gives European Equities a Jolt

admin — Fri, 25 May 2012 11:32:35 +0000

(eToro Blog) So far, Europe’s equity markets are enjoying another up day, following a string of declines as investors brace themselves for what is likely to be Greece’s withdrawal from the Eurozone. What is providing some buoyancy is growing speculation that the new measures will soon be put in place by the European Central Bank. More >

Introduction to Floessi

admin — Fri, 25 May 2012 11:12:27 +0000

Written by Floessi Dear Traders, Copiers and Followers, This is my first article for Guru Talk and I wish to express my views, and analysis strategies, so that traders might understand, pursue and acquire something which is helpful. First of all let me introduce myself; even as I come to eToro forex More >

Central Bankers Bought More Gold while European Leaders Kept Talking

admin — Fri, 25 May 2012 08:56:36 +0000

Gold futures fell for the first 3 days of this week by $43.5 or 2.7% before rebounding $9.1 to end at $1,557.5 on Thursday. Year-to-date, gold futures are down 0.6%, worse than S&P at +5.9% and Dollar Index at +2.7% but better than Stoxx at -3.8%, Euro/dollar at -3….

Despite Middle East Tension, Global Growth Worries Drive Oil Prices

admin — Fri, 25 May 2012 08:40:59 +0000

(eToro Blog) Oil prices could be set to post their fourth consecutive weekly loss despite increasing tensions in the Middle East which could disrupt supplies; analysts say that if realized, that would be the longest losing streak in more than two years. On the whole, it would appear that investor worries over a slowdown in More >

Copper Calendar Swap Futures

admin — Fri, 25 May 2012 00:11:42 +0000

Our new Copper Calendar Swap Futures and Average Price Options Offer a more perfect hedge for commercial users and producers Provide access to products based on monthly averages, which allows hedgers to smoothly mitigate volatile price fluctuations Are based on the increasingly liquid benchmark 25,000-lb Copper futures contract Offer margin efficiencies with eroding rates across each month Will offer margin More >