Market Report: Shifting characteristics for gold and silver
Gold and silver continued their consolidation into an eighth trading day this morning, from the intraday peak on 13 August. The band has tig...
Market Updates
Market Report: China tightens control over bullion
Gold and silver continued to strengthen this week, both seeing new closing highs for the year. Gold rose by $12 from last Friday’s close t...
Market Report: PMs steal limelight
In their best week for a long time, gold and silver continued their upward move against all currencies. Against the dollar, gold rose $62 on...
Market Report: Fed cuts rates 0.25%
During the week when on Wednesday the Fed cut its headline interest rate by 0.25% gold and silver had some big moves. It was the first inter...
Market Report: Gold facing Comex contract run-off
For another week, gold and silver consolidated the gains from their recent bull run. Gold lost $7 on the week to trade at $1418 in early mor...
Market Report: Silver stars in bull run
This week has been good for gold and silver prices. After months of underperformance that saw the gold/silver ratio hit 94, silver suddenly...
Market Report: Gold Finds A Level
Having become very overbought, gold is consolidating. In a choppy market, this week gold had up and down days of $20 moves. By early morning...
Market Report: Imbalances in silver
Gold and silver consolidated recent rises in the wake of the G20 meeting last weekend, which yielded a partial climbdown by the Americans on...
Market Report: Quieter ahead of G20
Gold and silver consolidated recent gains this week, after last week’s dramatic break-out. On Tuesday, gold spiked up to $1439 and drifted...
A Note from James Turk: Gold Outlook
Gold has finally broken out of the multi-year base it had been forming, as can be seen on the following chart. When $1,365 was hurdled, g...
Market Report: Breakout!
The moment gold bugs have been waiting for happened this week, with gold breaking higher out of its three-year consolidation on the upsi...
Market Report: Gold trying to break out…
Gold performed strongly this week, rising $15 from last Friday’s close to trade at $1355 in European morning trade today. Gold’s str...
Market Report: Gold Breaks Through
This week has seen a dramatic extension of a rally in gold which started in earnest on 30 May. In the seven trading sessions since the 29...
Market Report: Gold and silver diverge
Gold and silver were more volatile this week, but they appear to be going their separate ways. Gold was up a dollar from last Friday’s...
Market Report: Volatility drops
This week, gold traded in a very narrow range, up $6 from last Friday’s close at $1285 in European morning trade. Silver drifted lower...
Market Report: Precious Metals Deeply Oversold
Gold and silver sold off this week, becoming heavily oversold in the process. Gold lost $15 on the week to trade at $1271 in early European...
Market Report: PMs steadier after last week’s sell-off
From last Friday’s close gold recovered slightly after last week’s sell-off, gaining $7 at $1283 by early European trade this morning. S...
Market Report: Drifting lower in pre-Easter trade
Gold drifted lower in pre-Easter trade, while silver held steady. Gold lost $16 by noon today EST (Thursday) from last Friday’s close to t...
Market Report: Central banks building gold reserves
According to the World Gold Council, central banks added 51 tonnes to their reserves in February, adding to their 41 tonnes net purchases in...
Market Report: Dollar strong, gold subdued.
Following last week’s expiry of gold’s April contract on Comex, the price has been subdued, at one point yesterday dipping to test the $...