Market Report: Gold support establishing at $1280
After failing to break the $1300 level, gold backed off to find support at $1280, and silver dutifully eased as well. From last Friday’s c...
Market Updates
Market Report: Gold’s consolidation completing
Both gold and silver are still consolidating recent gains. Gold this week has sold off a little in European morning trade to lose $2 on the...
Market Report: US$ breaking down
Gold and silver consolidated their recent gains this week, with gold up $7 at $1292.50 in European morning trade today (Friday), and sil...
Market Report: Gold challenges $1300
Gold and silver rallied in a quiet week which straddled the year-end. Gold rose $11 by morning trade in Europe from last Friday’s close to...
Market Report: Seasonal Rallies In Gold And Silver
Gold and silver continued to rally this week in thin trade, interrupted by the Christmas holiday, with some markets shut on 26 December as w...
Market Report: Gold breaks above $1250
Gold broke above the $1250 supply level on Wednesday ahead of the Fed’s interest rate rise this week but was then sold down on the announc...
Market Report: Quiet pre-Christmas trade
Comex volumes for gold and silver have dropped off significantly this week, almost as if Christmas trading arrived early this year. The dwin...
Market Report: Gold up, stocks slide
Gold and silver closed higher on the week in European trade this morning (Friday). Gold was up $18 at $1240.00, and silver up 35 cents at $1...
Market Report: Comex open interest sharply lower
Gold and silver are marginally lower on the week in early morning trade in London, with gold at $1223 and silver at $14.26. On Tuesday and W...
Market Report: Gold remains exceptionally oversold
The US’s Thanksgiving holiday on Thursday has thinned Comex markets, though volume figures for gold have held up reasonably well. Doubtles...
Market Report: Don’t forget the December rally
After a torrid Monday and Tuesday when gold tested the $1200 level and silver $14.00, precious metals rallied to close up on the week by ear...
Market Report: Mid-terms and USD dominate
Precious metals were lower in quiet trade this week, which was dominated by the mid-term elections and a strong dollar. Gold was down $12 fr...
Market Report: Option Shenanigans
Aside from a sharp dip on Wednesday, gold and silver have ended up more or less unchanged on the week. Gold was $1231, and silver up slightl...
Market Report: Pushing at the upper boundary
The bear squeeze continues, with the gold price now looking to break out of a bullish rising wedge pattern. Today (Friday), in early mor...
Market Report: Bullion bought on the dip
Gold consolidated its recent upward move this week. From last Friday’s close, it was unchanged at $1227 in early European trade this morni...
Market Report: Is this a major turning point?
The period of consolidation for gold and silver appeared to have come to a dramatic end yesterday (Thursday) in heavy futures volume, with g...
Market Report: A financial storm is brewing
This week, gold rose slightly on balance, while silver maintained its climb out of a deep pit. In early-morning European trade today (Friday...
Market Report: Fed Funds Rate increased 0.25%
This week, as was widely expected, the Fed raised it Fed Funds Rate by 0.25% to a target range of 2 to 2.5 per cent. Gold lost $18 following...
Market Report: Softly, softly, catchee monkey
The rally from recent lows continued, with gold up $14 from last Friday’s close in mid-morning European trade today (Friday) at $1208....
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...