Market Report: Fed Raises FFR to 2%
On Wednesday, the Federal Open Markets Committee raised the Fed Funds Rate to a target of between 1.755 and 2% and raised its expectation of...
Market Updates
Market Report: Base Metals Support Silver
Base metals have perked up this week, which on top of earlier rises places copper up 5% in the last thirty days. Lead is up 10%, zinc is up...
Market Report: Gold’s Mysterious Accumulator
Gold and silver range-traded this week with no discernible direction. By early European trade this morning (Friday) gold had drifted $2 do...
Market Report: Gold back up above $1300 on strong technicals
On Monday, the recent sell-off halted, with gold testing $1282.5, but silver held well above its lows of last week. By early European trade...
Market Report: Sell-Off In Gold
This week saw gold and silver prices slide, and in the case of gold, concrete support at $1300 was breeched. Silver has held up better, even...
Market Report: Gold Still Underwritten At $1300
Gold and silver refuse to sink below their established lower consolidation levels, despite dollar strength. As can be seen in our headline c...
Market Report: FOMC Minutes Mark The Low
This week, gold and silver traded lower ahead of the FOMC minutes released on Wednesday. As widely expected, there was no change in the targ...
Market Report: Back In Consolidation Zone
After the excitement last week, when silver suddenly enjoyed a bear squeeze briefly pushing it into $17.30 territory, gold and silver return...
Market Report: Silver Is The Star
Having performed indifferently since the price fell in late January, the silver price suddenly broke out of its torpor with a 45-cent rise o...
Market Report: Break-Out Hopes Dashed
After inching better on Monday and Tuesday, gold and silver finally made a break for it on Wednesday in good volume on Comex, with gold peak...
Silver Struggling To Go Lower
Over the week, gold and silver ended up little changed, having rallied strongly on Monday, and drifted thereafter. Gold was unchanged from l...
Market Report: Quarter-end factors
After last week’s sharp rally, gold and silver failed to follow through this week ahead of the quarter-end. Gold lost $24 from last Friday...
Market Report: Trade Wars Boost Gold
After drifting lower earlier this week, gold and silver got a boost from President Trump’s announcement of trade sanctions against China....
Market Report: Snoozing Into Spring
After barely changing the week before, gold is $5 lower this week from last Friday’s close, to $1320 in early European trade this morning,...
Market Report: Trade Wars and North Korea
This week saw an initial rally, followed by a pull-back, leaving gold and silver broadly unchanged from last Friday’s close. Gold was trad...
Market Report: Hidden in plain sight
Gold and silver sold off this week, with gold falling $11 from last Friday’s close to $1317 in early European trade this morning (Friday),...
Market Report: Weaker, but in consolidation pattern
Gold and silver continued their consolidation of the last few weeks, becoming progressively less overbought in the process. Since last Frida...
Market Report: Taking a breather
In early European trade this morning (Friday) gold was down $2 from last Friday’s close at $1,347. Silver is down 25 cents at $17.18. Come...
Weekly DOE Oil Charts - January 26, 2018
Conclusion: Overall inventories built this week, particularly crude (which is seasonally normal). Cushing still drew, we think this needs to...
Market Report: Gold and silver may be due for a pause
This week, gold and silver continued their rise from the 11 December low, and are now up 9.3% and 11.6% respectively. In a little over five...