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 Updates
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...
Market Report: Pause For Labor Day
In a trading week shortened by North America’s Labor Day, gold continued its recent consolidation, while silver weakened towards its recen...
Market Report: Record Oversold For Gold
This week, gold and silver consolidated a recovery from oversold conditions that, in gold’s case, have never been seen before. In early Eu...
Market Report: Gold Breaks Oversold Records
At last, a short-term bottom for gold and silver seems to be forming. This week saw a sharp bounce from record oversold levels, followed by...
Market Report: Dollar Causing Mayhem
Gold and silver prices crashed this week as financial money flowed into the dollar. Gold was down $35 from last Friday’s close to trade at...
Market Report: Imbalances And Mispricing
Gold and silver continued recent weakness, with prices stuck in a narrow trading range. Gold Was down $5 in European trade this morning (Fri...
Market Report: Sell-off intensifies
Gold and silver lost further ground this week, as the dollar rallied back above the 95 level on its trade weighted index. As our headline ch...
Market Report: Peak Bearishness
The bears continued to dominate precious metals futures this week, and the shorts in the managed money category on Comex stood at a reco...
Market Report: Teddy-bear’s picnic
The bears have been feasting on the bones of the bulls this week, enjoying a sell-off in precious metals, that has been echoed in commoditie...