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Gold and Silver ETF Holdings Increase As Precious Metals Explode Higher

Gold and Silver ETF Holdings Increase As Precious Metals Explode Higher

July 13, 2011

The iShares Silver Trust (SLV) showed a gain in holdings of 101.55 tonnes on the week after declining by a modest 48.21 tonnes in the previous week.  A decline from record holdings of 11,390.06 tonnes on April 25th paralleled the sell off in the silver market that occurred

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Precious Metals Advance Strongly On Week

Precious Metals Advance Strongly On Week

July 9, 2011

Precious metals roared back this week after consolidating in the previous week. Gold gained $58.50 on the week closing at $1,541.50.  As measured by the London PM Fix Price, gold reached a closing high this

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Gold and Silver ETF Holdings Decline On Week While Europe’s Debt Crisis Expands

Gold and Silver ETF Holdings Decline On Week While Europe’s Debt Crisis Expands

July 7, 2011

The iShares Silver Trust (SLV) showed a decline in holdings of 48.21 tonnes from the previous week, after rising by 21.23 tonnes in the

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Gold and Silver Decline As World Turns Upside Down After Resolution of Debt Crisis

Gold and Silver Decline As World Turns Upside Down After Resolution of Debt Crisis

July 2, 2011

It wasn't supposed to be like this. A default on Greek debt was supposed to have set off a chain reaction collapse of other weak sovereign debtors including Ireland, Spain, Portugal and Italy.   European banks holding huge

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Magical Properties Of Silver Showcased By New Products

Magical Properties Of Silver Showcased By New Products

July 1, 2011

New uses for silver in industrial and medical products have expanded rapidly in recent years.  The almost magical properties of silver in a wide range of new applications is highlighted by

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Silver ETF Holdings Gain As Gold ETF Holdings Decline Slightly

Silver ETF Holdings Gain As Gold ETF Holdings Decline Slightly

June 29, 2011

Silver holdings of the iShares Silver Trust (SLV) gained by 21.23 tonnes on the week.  In the previous three weeks,  SLV silver holdings had declined by a total of 381.95 tons, bringing the net outflow for

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Gold, Silver, Platinum and Palladium All Decline On Week

Gold, Silver, Platinum and Palladium All Decline On Week

June 25, 2011

It was a dismal week for precious metals as prices declined across the board.  Platinum declined by over 3%, palladium and silver by 2% and gold by 1.5%. As measured by the London PM Fix Price, gold declined on

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Silver ETF Holdings Decline Again As Gold ETF Holdings Gain

Silver ETF Holdings Decline Again As Gold ETF Holdings Gain

June 23, 2011

Holdings of the iShares Silver Trust (SLV) declined again this week by 106.14 tonnes after a decline of 248.69 tonnes in the previous week.  The year to date decline in silver holdings by the SLV now totals 1,362.19

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Gold Gains Slightly On Week While Silver, Platinum and Palladium Decline

Gold Gains Slightly On Week While Silver, Platinum and Palladium Decline

June 18, 2011

Precious metals had a tough week as silver, platinum and palladium all declined, while gold registered a small gain. As measured by the closing London PM Fix Price, gold gained $8.25 on the week after declining by $10.75 in

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Silver and Gold ETF Holdings Both Decline On Week

Silver and Gold ETF Holdings Both Decline On Week

June 15, 2011

Holdings of the iShares Silver Trust (SLV) declined by 248.69 tonnes for the week after declining by 27.12 tonnes in the previous week.  The year to date decline of silver held by the SLV is 1,256.05 tonnes. The holdings

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