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After fairly sharp price declines to start the week ($30 in gold and more than a dollar in silver), prices rallied into week’s end, with gold notching only a $2 loss and silver adding on 35 cents (1.5%). As a...

It has now been the better part of 12 years that I have referenced weekly the physical movement or turnover of metal either brought into or removed from the COMEX-approved silver warehouses. I’ve actually monitored the daily movement and total...

Precious metals prices powered higher this week, with virtually all of the gains coming after Tuesday’s (the cutoff for the COT report) early settlement close on the COMEX. At week’s end, gold was higher by $41 (2.3%), while silver surged...

It’s remarkable to me how close we appear to be getting to near-universal recognition that silver and gold (along with a host of other commodities) are priced based upon the activities of a relative handful of large paper traders on...

The holiday-delayed Commitments of Traders (COT) report, for positions held as of Nov 22, 2022, was largely as expected in that there were no large positioning changes, following two prior weeks of significant deterioration to the market structures in both...

Gold and silver prices managed to finish a bit higher over the holiday shortened trading week, with gold ending $3 (0.2%) higher and with silver finishing up by 48 cents (2.3%), following weakness in each earlier in the week. As...