silver bars

Coin shops say they are swimming in so much silver and gold that they are having to limit purchases

by
Coin shops say they are swimming in so much silver and gold that they are having to limit purchases

Spot prices for silver and gold are stabilizing after a rocky stretch of record gains and losses. Market volatility has caused headaches for local coin shops that typically buy precious metals. “If you do it wrong, you’ll run out of capital very quickly,” one shopkeeper told Business Insider. If January was a party in the … Read more

‘When you stretch this, be careful’

by
‘When you stretch this, be careful’

Gold (GC=F) and silver (SI=F) fell after hitting record highs, bringing a parabolic move in the precious metals space to a screeching halt. Gold futures fell 4.5% to just over $4,340 a troy ounce. Silver futures fell nearly 8% after briefly touching $80 an ounce. Traders were on edge entering Monday’s session after the Chicago … Read more