Gold and silver diverge
As our headline chart illustrates, gold and silver appear to be going their separate ways, with gold drifting lower while silver gradually...
Market Updates
Market Report: Dollar, gold and silver on hold
Gold and silver were on hold this week, as paper markets in precious metals simply moved sideways. Gold recovered $10 from last Friday’s c...
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: 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...
Market Report: Finding support
Gold and silver rallied this week, with gold up $14 from last Friday’s close at $1283 in early European trade this morning. Silver is up b...
Market Report: Silver stars
Gold and silver prices steadied this week, with gold up $3 since last Friday’s close at $1275 in early European trade this morning (Friday...
Market Report: Lower as dollar rally continues
Precious metals drifted lower this week, with gold losing a further $13 from last Friday’s close, to trade at $1267 in Europe this morning...
Market Report: Counter-trend decline
After the previous two-week rally, it was perhaps natural for precious metals to consolidate this week. Gold, which closed on a high note la...
Market Report: Lower in declining volume
Gold and silver drifted lower in declining volume. On Tuesday, the day of tonight’s Commitment of Traders report, gold’s Comex turnover...
Market Report: Rising bond yields
Since 7 September, the yield on the 5-year US Treasury bond has risen from 1.64% to 1.9%. There can be little doubt that this move, and the...
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 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...
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...
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...
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...
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...
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...
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...
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...