Look Who it Was Random video

Gold and Silver weekly Update – w/e 19th January 2018

970 views · Published 21 January 2018 · 4:48 · Indexed 10 November 2026

Channel: The 2% Brief · 2018 · People & Blogs

Watch on YouTube

http://illuminatisilver.com
http://facebook.com/illuminatisilver
Gold and Silver weekly Update – w/e 19th January 2018

Today is Sunday 21st January 2018 and we are providing our gold and silver weekly update for the week ending 19th January.

Gold fell $4 last week from $1,335 to $1,331 having hit a high of $1,344 and a low of $1,324.  In sterling terms gold finished the week at £961 down £11, and in Euros it closed at 1,089 Euros that’s down 5                                                                                                                                                                                                                                              Euros on the week.
Silver fell 23 cents from $17.26  to $17.03 having hit a high of $17.43 and a low of $16.93. In sterling terms it closed at £12.29 that’s down 21 pence for the week and in Euros it closed at 13.94 euros that’s down 0.20 euros.

The Gold to Silver Ratio rose from 77.34:1 to 78.16:1

The Dow Jones closed on Friday at 26,071 up 53 points on the day and up 268 points on the week, and the NASDAQ closed at 7,336 up 40 points on the day and up 75 points on the week.  

Brent Crude fell $1.26 from $69.87 to $68.61 and US Light Crude fell 93 cents from $64.30 to $63.37

The dollar index stands at 90.57 that’s down 0.40 on the week.

Gold prices fluctuated last week, rising on Friday possibly on the back of monies coming out of bitcoin transferring to gold. A number of technical analysts believe gold is starting to cross over in the overbought part of the stochastic oscillator. So pull backs to $1300 are quite likely short term.

Silver moved similarly to gold again, perhaps with a slightly more negative bias – which is why the GSR rose for the second week. The general consensus is price vacillation between $15.50 at the low end and $18.50 at the high end during the next couple of months and frankly we wouldn’t disagree.

The Dow breached the 26,000 level as we predicted and the dollar weakened yet further. The US Government shut down is likely to prove negative for the dollar and positive for precious metals, so we envisage a rise at the start of the week to fall back again when the shut-down is reversed. Short of a military intervention, we really cannot foresee any immediate catalyst for a major move upwards in precious metals for the next few weeks. 

Please view our latest videos:

Gold and Silver weekly Update – w/e 19th January 2018
https://youtu.be/dL5xRTUsUxc

Gold and Silver weekly Update – w/e 12th January 2018
https://youtu.be/eTtTiV3DdX0

Gold and Silver weekly Update – w/e 5th January 2018
https://youtu.be/qhqCXruukyE

Gold and Silver weekly Update – w/e 29th December 2017
https://youtu.be/4W4IpdcqImk

Gold and Silver weekly Update – w/e 22nd December 2017
https://youtu.be/AM5rFWFLSFw

Gold and Silver weekly Update – w/e 15th December 2017
https://youtu.be/O-9uwEHNCCg

Gold and Silver weekly Update – w/e 8th December 2017
https://youtu.be/giv2bKiy2HY

Gold and Silver weekly Update – w/e 1st December 2017
https://youtu.be/dGGrfDMqFsw

Gold and Silver weekly Update – w/e 24th November 2017
https://youtu.be/rvrxc4bgUgQ

Gold and Silver weekly Update – w/e 17th November 2017
https://youtu.be/sq1HUZCAECk

Gold and Silver weekly Update – w/e 10th November 2017
https://youtu.be/75sdCys_zZE

Gold and Silver weekly Update – w/e 3rd November 2017
https://youtu.be/xKF2_wReUp4

More from this channel