Market Report: PMs sold down
Gold and silver were sharply down this week, with gold off $23 at $1297 from last Friday’s close in early European trade early this mornin...
Market Updates
Weekly DOE Oil Charts - September 15, 2017
Conclusion: The weekly DOE statistics are still heavily impacted by the aftermath of hurricane Harvey in this weeks stats and will remain im...
Market Report: Consolidating after recent strength
After the spectacular run from the lows of early July, gold and silver took a breather this week. Bullion markets on Comex had become very o...
Weekly DOE Oil Charts - September 9, 2017
Conclusion: The weekly DOE statistics are heavily impacted by the aftermath of hurricane Harvey in this weeks stats and will remain impacted...
Market Report: Have we lift-off?
As can be seen in our headline chart, gold and silver powered ahead further this week, and appeared to be undergoing a rerating. Gold this m...
Weekly DOE Oil Charts - September 1, 2017
Conclusion: The weekly DOE statistics are heavily impacted by the aftermath of hurricane Harvey in this weeks stats and will remain impacted...
Market Report: $1300 easily surmounted
Gold finally broke through the $1300 level on Monday, and did it in style. With London closed for a bank holiday, gold appeared to be edging...
Weekly DOE Oil Charts - August 25, 2017
Conclusion: Relatively strong stats, larger than normal inventory draws continue. The oil market is being roiled by the storm related issues...
Market Report: Pausing under the highs
After last Friday’s spike to test the water at $1300, gold has consolidated its six-week run since Monday in a narrow range of $1280 to $1...
Weekly DOE Oil Charts - August 18, 2017
Conclusion: Rather underwhelming stats. Crude rallied anyway following the release as gasoline stocks drew more than expected (API reported...
Dealing Desk: Gold Impacted by Economic and Political Headlines
Goldmoney clients have been net selling all precious metals over the past two weeks, with gold being the most actively traded. Clients have...
Market Report: $1300+ in sight
Having had an excellent run last week, gold and silver have consolidated by initially falling on Monday and Tuesday this week, before rallyi...
Market Report: Good advance above overhead supply
Gold and silver stormed through minor overhead supply this week, to mount an attack on the June highs at $1296 and $17.70 respectively. From...
Weekly DOE Oil Charts - August 4, 2017
Conclusion: Neutral to slightly bullish. Draws are larger than normal but drawdowns have slowed down materially over the past two week compa...
Dealing Desk: Uncertainty Underpins Strong Gold Performance
Goldmoney clients have been net selling all precious metals this week, with gold and silver being the most actively traded. Clients have pre...
Market Report: A week of consolidation
Gold and silver consolidated recent rises this week. On closing prices, gold barely moved from last Friday’s close, standing at $1269.50 i...
Weekly DOE Oil Charts - July 28, 2017
Conclusion: Neutral stats but impressive nevertheless given that we expected some reversal from the last 3 weeks extremely bullish reports....
Market Report: Bear squeeze continues
Gold and silver both edged up over the week, reflecting a firm undertone. Gold was up $4.50 from last Friday’s close at $1259 in early Eur...
Weekly DOE Oil Charts - July 21, 2017
Conclusion: Very bullish stats. We are three weeks into July and already drew 23.5mb, 36mb more than normal. We continue to expect larger d...
Dealing Desk: Gold Looks Appealing as Fed Maintains Gradual Rate Hike Outlook
Goldmoney clients have been net buying all precious metals this week, with silver being the most heavily traded. Clients have preferred vaul...