Market update:
Silver bullion prices and gold bullion prices have remained steady over the weekend.
Silver bullion is trading is at about the same price as we left off on Friday but with a federal reserve committee meeting this week, anything could happen.
Silver bullion prices tend to trend upward if the federal reserve announces they will not taper off monetary stimulus programs or hike interest rates which would be sign that they believe the economy is improving.
From the information I’ve been reading it seems unlikely they will taper the stimulus programs at this point and that could cause at least a temporary rise in silver bullion prices over the next week.
This Week In Store
This week in our Edmonton Area store we have 100 Oz bars on sale for as low as $1.29 over spot price. If your looking to buy a large chunk of silver at close to spot price this might be the time to do it.
