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 Updates
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...
Market Report: Gold and silver in pause mode
As our headline chart clearly shows, gold and silver have returned to test the level set at the major turning point of last December. Will t...
Market Report: Support at last December’s lows
As our headline chart shows, gold and silver retreated to the low point in last December at the beginning of this week on Monday. Gold subse...
Market Report: Sell-Off Completed?
Gold and silver sold off this week, and as shown in our headline chart, have lost nearly all the gains made since the last major turning poi...
Market Report: Sell-off ahead of the Q2 end
Gold and silver fell heavily on good Comex volumes last Friday and continued to drift lower over the course of this week. From last Fridayâ€...
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 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...