January – March 2016 Gold and Silver Daily Prices (CME)

MMA - Gold & Silver Daily Jan 2016

The ZEMA graph shows gold and silver daily prices as traded on CME in January – March 2016. The orange line represents COMEX 100 Gold (USC/toz), the blue line is COMEX 5000 Silver (USC), the yellow line indicates the gold 7-day moving average, and the green line represents the silver 7-day moving average.

In February 2016, both precious metals experienced a remarkable recovery after an extended bearish position in year 2015 created by a stronger dollar and higher US real interest rates.

Between mid-February and March, prices mostly flattened out with some continued lifting up. Gold and silver holding their bullish levels strongly in comparison to most other commodities, are likely an indicator of the investors’ concerns over the global markets, interest rates, and unstable stock markets.


More Articles on Monthly Market Analysis

November 2011, Crude Oil Brent vs. WTI Forward Curve (NYMEX)

Brent Crude Oil prices moved lower in comparison with the previous month supported by declining demand and increasing supply. During the last month, the impending restart of Britain’s largest oilfield (Buzzard), quick recovery in Nigerian crude output ... Read more »

November 2011, ICE OTC Emission Allowances

NOx and SO2 emission allowance futures remained at the low level after its considerable drop in August. SO2 emission allowance prices were traded around $20/ton and NOx at $50/ton.  Read more »

November 2011, Actual Temperature (AccuWeather)

With the beginning of shoulder season, daily low temperatures continuously declined, supporting decreased cooling and increased heating demands.  Read more »

November 2011, North American Electricity DA Prices (ICE)

Eastern power price moved in different directions. In New England, rising heating demand and increased frequency of gas-fired generators on the margin pushed electricity prices higher. In New York, with abundant supply power, prices almost did ... Read more »

November 2011, Henry Hub Natural Gas Forward Curve

With changed supply-demand balance, ICE Henry Hub natural gas futures increased by 10% during the last month.  Read more »

November 2011, North America Electricity Forward Curve

Electricity forwards moved higher supported by increased fuel cost.  Read more »


Page 23 of 23« First...10...1920212223