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...
Market Updates
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...
Market Report: Classic bear squeeze conditions
Gold and silver recovered well this week, continuing a rally which is now two weeks old. Gold, priced in dollars, rose by another $13 to $12...
Weekly DOE Oil Charts - July 14, 2017
Conclusion: Very bullish stats. Two weeks of solid draws in July paint a very bullish picture despite the apparent strong supply growth data...
Market Report: Unchanged on the week
Gold and silver prices steadied this week, with gold up only $3 at $1218 in early European trade this morning (Friday), and silver unchanged...
Weekly DOE Oil Charts - July 7, 2017
Conclusion: Bullish. Strong start into July with another sharp decline in stocks. Ignoring the weekly fluctuation in demand data, average de...
Market Report: Speculators chicken out
Gold and silver continued to drift lower this week, with gold falling $20 from last Friday’s close to $1220 in early European trade this m...
Weekly DOE Oil Charts - June 30, 2017
Conclusion: Very bullish stats. Arguably a large share of the draws and the increase in implied demand simply offset the weakness in recent...
Market Report: Half-year blues
Gold and silver prices were hit on Monday by a $2bn sale of Comex gold futures at about 0400 hrs EST, when US traders were not around to cha...
Weekly DOE Oil Charts - June 23, 2017
Conclusion: Mixed bag of statistics this week. Total stocks continued to decline on a seasonal basis, but only slowly. Implied demand collap...
Dealing Desk: Gold Takes A Vacation
Goldmoney clients have been net selling all precious metals this week, with gold being the most heavily traded. Clients have preferred vault...
Weekly DOE Oil Charts - June 16, 2017
Conclusion: The stats appear bullish at face value, but a large part of the inventory draws is a reversal from the very bearish stats over t...
Market Report: Rate rise, stronger dollar, weak gold
This week, the Fed’s FOMC increased the Fed funds rate by 0.25%, to a target of 1% to 1.25%. This was so certain to happen it was fully di...
Dealing Desk: Gold’s Safe-Haven Appeal Dulled by Abated Market Fears
Goldmoney clients have been net selling all precious metals this week, with silver being the most heavily traded. Clients have preferred vau...
Weekly DOE Oil Charts - June 9, 2017
Our quick take on the WEEKLY SUPPLY ESTIMATES published by the US Department of Energy (DOE) including detailed tables and charts. This week...
Market Report: Bullishness returning
Gold and silver prices moved further ahead this week, with gold up by $21 from last Friday’s opening (Friday was a strong day) to $1287 in...
Dealing Desk: Pre-Election Safe-Haven Play Bolsters Gold
Goldmoney clients have been net selling all precious metals this week, with gold and silver being the most actively traded. Clients have pre...
Weekly DOE Oil Charts - June 2, 2017
Our quick take on the WEEKLY SUPPLY ESTIMATES published by the US Department of Energy (DOE) including detailed tables and charts. This week...
Weekly DOE Oil Charts - June 2, 2017 (2)
Our quick take on the WEEKLY SUPPLY ESTIMATES published by the US Department of Energy (DOE) including detailed tables and charts. This week...
Dealing Desk: Trading Volume Quieted by Dull Market
Goldmoney clients have been net selling all precious metals this week, with gold and silver being the most actively traded. Clients have pre...