Gold Hits 9-Month High
The gold market hit a fresh nine-month high earlier Tuesday before pulling back. The metal is being powered by positive chart structures,
read moreGold Seeing Routine Correction
The gold market did not do much on Monday. The spot market is lower in mid-afternoon action by less than $1 per
read moreU.S. Debt Ceiling Hit, Now What?
As expected for some time now, the U.S. hit its debt ceiling today, forcing the Treasury Department to implement extraordinary measures to
read moreMore Profit Taking Wednesday
The gold market is slightly lower in mid-day action Wednesday as short-term traders continue to book profits. Not helping the bulls either
read moreA Routine Pullback Thus Far
The gold market saw some selling pressure on Tuesday as investors returned from the long Martin Luther King Jr. holiday weekend. At
read moreGold Holding Above Key $1900 Level
The gold bulls have taken the metal higher yet again Friday as the spot price exceeded the $1900 level and then some.
read moreIs Now The Time To Own Gold?
Billionaire investor Jeffrey Gundlach thinks so. The Doubleline Capital CEO believes now is the time to get into the yellow metal, as
read moreGold Higher As Bulls Following Through
The gold market is higher in action on Tuesday as the bulls look to continue the recent ascent in price. The metal
read moreGold Gains Ground As Dollar Declines
The gold market was stronger on Monday as the bulls took advantage of the weakness in the dollar. Stronger crude oil prices
read moreGold Climbing A Wall Of Worry
The gold market is sharply higher Friday as the bulls attempt to continue climbing a wall of worry. The yellow metal is
read moreGold Seeing Corrective Pullback Thursday
The gold market is lower on Thursday as the market sees an expected pullback following recent strength. The yellow metal may be
read moreRisk Aversion Supporting Gold
The gold market is higher again today and hit a new six-month high earlier in the session. The yellow metal is being
read moreGold Stronger On Chart Based Buying
The gold market is kicking off the new year in the right way, with strong gains Tuesday that may attract more bullish
read more2023 Could Be Big For Gold
Now that the final trading day of 2022 has come and is nearly gone, investors are likely to focus their attention on
read moreGold Higher On Weaker Dollar And Bullish Charts
The gold bulls have done a good job, thus far, of holding recent gains for the metal. The yellow metal has held
read moreGold Higher As China Drops Quarantine
The gold market is sharply higher Tuesday as investors return from the Christmas Holiday. The idea of China scrapping its quarantine rule
read moreBulls Trying To Hold $1800 As GDP Grows 3.2%
The gold market is off to a poor start Thursday as prices have seen a sharp decline. As of this post, spot
read moreGold Does Little In Quiet Trade
The gold market was quiet on Wednesday as it seems most investors have now taken off for the upcoming weekend holidays. The
read moreBulls Retake $1800 As Risk Aversion and Dollar Weakness Take A Toll
The gold market was sharply higher on Tuesday as the bulls retook the $1800 level in convincing fashion. Spot gold now stands
read moreMarket May Be Quiet Until 2023
Although the gold market finished Monday’s session lower by over $5 per ounce, the metal was fairly quiet throughout the day today.
read moreGold Stronger And Looking To End Week On A Positive Note
After seeing some significant declines the last few days, the gold bulls are out in force on Friday. The bulls are pushing
read moreGold Hit Hard On Hawkish Central Banks And Profit Taking
The gold market is being sold off heavily on Thursday. Spot gold is down some $30 per ounce and has now fallen
read moreFed Still Leaning Hawkish
The Federal Reserve raised interest rates by another 50 basis points Wednesday afternoon as expected. Now that the rate hike is out
read moreGold Skyrockets As Inflation Eases
In perhaps the most important economic report of the week outside of tomorrow’s Fed interest rate decision, inflation appears to be cooling
read moreGold Being Tossed Around As Fed Awaited
The gold market is being hit hard Monday as the new trading week gets underway. Investors may simply be getting a little
read moreA Test For Gold Early Next Week?
The gold bulls are finishing off the week on the right foot. Spot gold prices are higher today by $8 per ounce,
read moreGold Higher As Bulls Holding Ground Ahead of PPI
The gold market is higher in mid-day action Thursday as the bulls hold their ground ahead of tomorrow’s inflation data. The bulls
read moreThe De-dollarization Narrative Is Gaining Traction
The Gold market has been discussed significantly in recent months. The metal has had a hard time avoiding declines as the Fed
read moreGold Rebounds From Monday Declines
The gold market saw a mild rebound Tuesday from the heavy decline seen Monday. Up less than $2 per ounce as of
read moreGold Lower As Market Forces Change
The gold market is solidly lower in early action Monday after being quite a bit higher earlier in the session. The yellow
read moreBulls Retake $1800 on Dovish Powell
As we discussed briefly yesterday, markets are still reacting to the latest speech from Fed Chairman Jerome Powell. In the speech which
read moreThe Signal Has Now Come
Much has been made of the Fed and its aggressive policy tightening in the last several months. Many investors have wondered when,
read moreDe-Dollarization To Continue
The dollar has been a major factor in gold’s lack of upside in recent months. The Dollar Index has moved up to
read moreGold Slightly Higher As Crude Stronger, Dollar Weaker
The gold market has been closely linked to the Dollar Index and the crude oil market for some time now. The yellow
read moreGold Lower As Crude Oil Falls and USDX Rallies
The rally in the dollar today comes after the Dollar Index hit a 3-month low last week. The dollar has been riding
read moreGold Lower As Outside Markets Are Bearish
The gold market is lower in late morning action on Thursday as bearish outside market action takes a toll. Not only are
read moreGold Steady As Outside Markets Conflict
The gold market is lower by about $4 per ounce in early afternoon action Wednesday. The market may be due for a
read moreGold Higher In Mid-Day Trade
The gold market is higher by a few dollars per ounce in the early afternoon of Tuesday. The metal had been lower
read moreA Quiet Day For Gold
The gold market is a tad higher in late afternoon trade Monday as the bulls look to catch their breath after the
read moreGold’s Best Week In Over 2 Years
The gold market is higher on Friday to cap off an interesting trading week. The yellow metal is up by nearly $12
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