Silver 1 OZ 999 NY (XAG=X) Prices Attempt to Rally

Silver 1 OZ 999 NY (XAG=X) Prices Attempt to Rally

Silver 1 OZ 999 NY (XAG=X) Prices Attempt to Rally Silver prices attempted to push higher, but prices were rejected at higher levels.  While the coronavirus has added volatility and uncertainty as it pertains to growth, the safe haven natural of silver demand helped buoy prices. Gold continued to rally, breaking out of a cup […]

Gold 1 OZ (XAU=X) Likely to be Bid as Coronavirus Fears Intensify

Gold 1 OZ (XAU=X) Likely to be Bid as Coronavirus Fears Intensify

Gold 1 OZ (XAU=X) Likely to be Bid as Coronavirus Fears Intensify Gold prices are trading steady at the mid-session on Monday. The market is being supported by a drop in U.S. Treasury yields and lower demand for risky assets. Earlier in the session, gold jumped 1% to a near-three-week high as growing concerns that […]

Spreading Virus Spurs Rush to Buy Gold

Spreading Virus Spurs Rush to Buy Gold

$XAU $GLD $XAG $SLV Gold spiked as the spread of the coronavirus globally spurred demand for haven assets. Prices rose as Crude Oil tumbling. In the latest attempt at containment, China extended the week-long Lunar New Year holiday and banned all outgoing overseas group tours to avoid having travelers contribute to its spread. President Xi’s […]

Gold Marks 2-wk Highs on Move to Safe-Havens

Gold Marks 2-wk Highs on  Move to Safe-Havens

$XAU, $GLD Gold rose to a more than 2-week high Friday as the latest updates on the coronavirus dented risk sentiment, and prompted a flight into safe-haven assets. Spot gold was up 0.7% at 1,573.53 oz by 1:41p EST (1841 GMT), having hit a peak since 8 January at 1,575.03 earlier in the session. The […]

Gold 1 OZ (XAU=X) plenty of support near the $1550 level

Gold 1 OZ (XAU=X) plenty of support near the $1550 level

Gold 1 OZ (XAU=X) plenty of support near the $1550 level Gold markets pulled back a bit during the trading session on Thursday, as we continue to see plenty of support near the $1550 level. At this point, the market looks likely to see value hunters come back in every time we dip. Gold markets […]

Silver 1 OZ 999 NY (XAG=X) Falls Off 18.00 Pedestal

Silver 1 OZ 999 NY (XAG=X) Falls Off 18.00 Pedestal

Silver 1 OZ 999 NY (XAG=X) Falls Off 18.00 Pedestal Silver prices fell sharply on Tuesday, as the decline of 1.7% was the sharpest one-day drop since December 6. With a lack of U.S. fundamental releases until Thursday, any moves on Wednesday will be subject to technical factors, barring any major geopolitical developments. We’ll get […]

2020: Buy Gold, Bet on Emerging Markets

2020: Buy Gold, Bet on Emerging Markets

$XAU $GLD “Gold is a place you want to be. I think that it’s partly because its inversely correlated with interest rates. But it’s also an insurance policy when things go wrong,” David Rosenberg said. “There’s no such thing as a no-brainer, but this is close.” Gold is off to a terrific start this year […]

Silver 1 OZ 999 NY (XAG=X) Yawns as Trump Touts ‘Phase One’

Silver 1 OZ 999 NY (XAG=X) Yawns as Trump Touts ‘Phase One’

Silver 1 OZ 999 NY (XAG=X) Yawns as Trump Touts ‘Phase One’ U.S. Ends Week with Mixed Numbers The U.S. ended a busy week with a host of releases on Friday. Construction numbers for December were mixed. Building permits fell to 1.42 million, down from 1.48 million a month earlier. Housing starts were unexpectedly strong, […]

Silver 1 OZ 999 NY (XAG=X) Speculators Continue To Add Exposure

Silver 1 OZ 999 NY (XAG=X) Speculators Continue To Add Exposure

Silver 1 OZ 999 NY (XAG=X) Speculators Continue To Add Exposure It’s been a tough week for investors in the metals market, with the prevailing sentiment flipping from excitement to check the morning prices following Middle East tensions to disgust almost overnight. While silver (SLV) prices briefly challenged stiff resistance at the $18.45/oz level during […]

Silver 1 OZ 999 NY (XAG=X) may decline if trade deal cools Fed easing expectations

Silver 1 OZ 999 NY (XAG=X) may decline if trade deal cools Fed easing expectations

Silver 1 OZ 999 NY (XAG=X) may decline if trade deal cools Fed easing expectations Silver prices followed a similar trajectory to gold, though it looks as if its half-way through its bearish correction as it eyes support at 17.440. Cracking this floor would open the door to testing the December 20-low at 17.181. However, […]

Silver 1 OZ 999 NY (XAG=X) Slipping as Risk Appetite Returns

Silver 1 OZ 999 NY (XAG=X) Slipping as Risk Appetite Returns

Silver 1 OZ 999 NY (XAG=X) Slipping as Risk Appetite Returns December was all roses for silver, which jumped 4.9% on the month. The upswing continued into the New Year, after a U.S. drone attack killed an Iranian general and Iran retaliated with a missile attack on U.S. bases in Iraq. Tensions rose to a […]

Gold Market Pulls Back

Gold Market Pulls Back

$XAU, $GLD Gold markets initially pulled back during the trading session Monday but turned around to recover some. It is currently hanging around the 1550 mark, an area that had seen a gap higher previously. The markets are trying to feel out whether or not there is a “risk on” or “risk off” flavor to everything. […]

Silver 1 OZ 999 NY (XAG=X) Retracts, Falls Below 18.00

Silver 1 OZ 999 NY (XAG=X) Retracts, Falls Below 18.00

Silver 1 OZ 999 NY (XAG=X) Retracts, Falls Below 18.00 Silver has started the week with slight losses, erasing most of the gains seen on Friday. Currently, silver is trading at $17.95, down $0.14 or 0.81% on the day. Silver Retracts, Falls Below 18.00 Last week’s dramatic events in the Middle East triggered sharp volatility in […]

Silver 1 OZ 999 NY (XAG=X) Markets Continue To Show Plenty Of Volatility

Silver 1 OZ 999 NY (XAG=X) Markets Continue To Show Plenty Of Volatility

Silver 1 OZ 999 NY (XAG=X) Markets Continue To Show Plenty Of Volatility Silver markets went back and forth during the course of the week, eventually settling on a relatively unchanged candle. By forming the massive shooting star that we have, it shows that the previous uptrend line is in fact trying to keep this […]

Gold Prices Set Up to Pull Back

Gold Prices Set Up to Pull Back

$XAU $GLD Gold markets had a volatile week, breaking above the 1600 mark fell rto form a Shooting Star. The pattern was at the recent highs, so, it is likely that the market is ready to pull back from here. By breaking below the bottom of the weekly candlestick, it is likely that the longer-term trade […]

Gold & Silver: Not a Top, but a Mid-Cycle Correction

Gold & Silver: Not a Top, but a Mid-Cycle Correction

$XAU, $GLD, $XAG, $SLV, $USD Gold’s entered a gentle climb North after marking the 12 November lows. It was not until the Thursday before Christmas when prices verified a cyclical breakout. The initial breakout surge is slowing as the precious Yellow metal enters a mid-cycle correction. Key support is between 1520 – 1540. Once completed, […]

Silver 1 OZ 999 NY (XAG=X) Slides as Mideast Tensions Fade

Silver 1 OZ 999 NY (XAG=X) Slides as Mideast Tensions Fade

Silver 1 OZ 999 NY (XAG=X) Slides as Mideast Tensions Fade Silver prices continue to show volatility this week. On Wednesday, silver jumped as high as 18.86 after reports that Iran had launched missile attacks on two U.S. military bases in Iraq. Although the Iranians claimed that the attack killed 80 U.S. soldiers, the U.S. […]

Gold 1 OZ (XAU=X) Prices Rise Above $1,600 on Simmering U.S.-Iran Tensions

Gold 1 OZ (XAU=X) Prices Rise Above $1,600 on Simmering U.S.-Iran Tensions

Gold 1 OZ (XAU=X) Prices Rise Above $1,600 on Simmering U.S.-Iran Tensions Gold prices hit $1,613 an ounce on Jan 7, triggered by reports that Iran launched more than a dozen missiles at two U.S. military bases in Iraq. This was in retaliation to the U.S airstrike on direct orders from President Donald Trump that […]

Gold: Would Not Chase it in Here

Gold: Would Not Chase it in Here

$XAU $GLD $USD Do not be surprised if gold moves to consolidate its gains or correct after this jump in prices, a big downturn is not likely on the cards if that happens. Gold’s latest rally comes on back of last week’s US airstrike near Baghdad’s airport that killed General Qassem Soleimani, 1 of Iran’s Top military […]

Nervous Investors Snap up Gold and Silver 1 OZ 999 NY (XAG=X)

Nervous Investors Snap up Gold and Silver 1 OZ 999 NY (XAG=X)

Nervous Investors Snap up Gold and Silver 1 OZ 999 NY (XAG=X) Silver has steadied on Tuesday, after posting gains at the start of the week. Currently, silver is trading at $18.11, down $0.01 or 0.07% on the day. On the fundamental front, the U.S. releases ISM Non-Manufacturing PMI. The index continues to point to expansion […]

Gold Prices Surge, Bullion Nears 1600 oz.

Gold Prices Surge, Bullion Nears 1600 oz.

$GLD, $XAU, $SLV, $XAG, $USD, $NEM Gold rods to its highest mark since Y 2013 in the US session Monday, as rising tensions in the Middle East drives demand for havens, with Goldman Sachs (NYSE:GS) seeing more room to run. Palladium, the most precious, extended gains to a fresh record. Bullion neared 1,600 oz after […]

2020: What to Watch For in Commodities

2020: What to Watch For in Commodities

$DIA $SPY $QQQ, $RUTX, $VXX, $SOY, $CORN, $XAU, $CU, $USO This is our 1st What to Watch in the commodities sector, it is an overview of what to expect. The picture mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more. The year’s 1st full week of trading could […]

Silver 1 OZ 999 NY (XAG=X) Punches Above 18.00, Hits Wall

Silver 1 OZ 999 NY (XAG=X) Punches Above 18.00, Hits Wall

Silver 1 OZ 999 NY (XAG=X) Punches Above 18.00, Hits Wall Silver Punches Above 18.00, Hits Wall Silver recorded solid gains last week, climbing 3.3 percent. The upward swing has continued this week, with gains of close to one percent. For the month of December, silver was up an impressive 4.8 percent. So what’s wrong […]

Gold 2020: Prices Rise as the USD Falls

Gold 2020: Prices Rise as the USD Falls

$XAU, $GLD, $USD Gold prices moves higher as USD eases, and an Iranian-backed militia stormed the US Embassy in the Iraqi capital Tuesday. US short term yields moved lower weighing on the interest rate differential, which put downward pressure on the Buck and paved the way for higher gold prices. Technical Analysis: Gold prices moved […]

The Financial Markets in Year of the Rat 2020

The Financial Markets in Year of the Rat 2020

$DIA, $SPY, $QQQ, $RUTX, $XRT, $IWM Our New Year is here and we are just a few weeks away from the Chinese New Year, so not too early to share some of my favorite Chinese Astrologer’s thoughts on the coming Year of the Rat, he is famous for his predictions, but not perfect. The background: […]

Silver 1 OZ 999 NY (XAG=X) Gains Ground

Silver 1 OZ 999 NY (XAG=X) Gains Ground

Silver 1 OZ 999 NY (XAG=X) Gains Ground Silver prices moved considerably higher during Christmas week, posting gains of 3.4 percent and testing the symbolic 18.00 level. This marked silver’s best week since late August. Equity markets and precious metals are enjoying late-year rallies. Silver and gold, which are safe-haven assets metals, often weaken when risk […]

Gold Closed Above $1500 on Pace to Best Year Since 2010

Gold Closed Above $1500 on Pace to Best Year Since 2010

$GLD, $XAU, $SLV, $USD, $JPM, $GS, $UBS Gold rose for a 4th session running, topping 1,500 oz and on pace for its best annual gainer since Y 2010. The precious Yellow metal marked a 7-wk high on the breakout as investors positioned for Y 2020, with post-Christmas gains coming even as global equities inched higher and US-China […]

Silver 1 OZ 999 NY (XAG=X) testing the bottom of an uptrend line that has been broken

Silver 1 OZ 999 NY (XAG=X) testing the bottom of an uptrend line that has been broken

Silver 1 OZ 999 NY (XAG=X) testing the bottom of an uptrend line that has been broken Silver markets have rallied significantly during the trading session on Tuesday, reaching towards the $17.85 level as I record this. That being said though, we are testing the bottom of an uptrend line that had been broken. If […]

Gold Futures: Technical Analysis

Gold Futures: Technical Analysis

$GLD, $XAU Gold futures traded higher late Thursday despite extremely low volume. Traders are saying the market is being underpinned by the lack of details over the US-China trade deal, and the political uncertainty in Washington. The low volume is being attributed to position-squaring ahead of the Christmas and New Year holidays. At 20:35 GMT, February […]

Gold Marks 2 Wk Highs and Dips

Gold Marks 2 Wk Highs and Dips

$XAU, $GLD Gold prices retreated slightly Friday in Asia after marking a more-than-2-week high Thursday. US Gold Futures dipped 0.13% to 1,482.55 oz as of 10:59p ET Friday (03:59 GMT) after reaching a 1484.95 high. Spot Gold prices also dropped 0.03% to $1,478.67. The political uncertainties caused by US House of Representatives’ voting to impeach […]

Should Investors be Buying Silver 1 OZ 999 NY (XAG=X) at Current Prices?

Should Investors be Buying Silver 1 OZ 999 NY (XAG=X)  at Current Prices?

Should Investors be Buying Silver 1 OZ 999 NY (XAG=X) at Current Prices? It’s been a frustrating few months for investors in the silver space (SLV), with the metal underperforming the S&P-500 (SPY) by more than 20% since September alone. This significant underperformance shouldn’t be all that surprising, as an asset class tends to perform […]

Gold: Momentum is Building as Volatility Fades

Gold: Momentum is Building as Volatility Fades

$XAU, $GLD Technical Analysis: Gold prices are storing volatility which is getting pent up as prices trade sideways in a tight range. Resistance near the 50-Day MA at 1,477. Short term support is seen near the 10-Day MA at 1,470. Additional support on the precious Yellow metal is seen near an upward sloping trend line […]

Hong Kong: HANG SENG INDEX (.HSI) Trump adviser insists deal ‘done’ as China sounds cautious

Hong Kong: HANG SENG INDEX (.HSI) Trump adviser insists deal ‘done’ as China sounds cautious

Hong Kong: HANG SENG INDEX (.HSI) Trump adviser insists deal ‘done’ as China sounds cautious Stocks in Hong Kong hit their highest level since late July on Wednesday amid expectation of a ‘phase one’ trade deal between Beijing and Washington, but pared gains as investors awaited further details. At the close of trade, the Hang […]

Silver 1 OZ 999 NY (XAG=X) Muted Response to Phase 1 Deal

Silver 1 OZ 999 NY (XAG=X) Muted Response to Phase 1 Deal

Silver 1 OZ 999 NY (XAG=X) Muted Response to Phase 1 Deal Silver prices have ticked higher in Wednesday trade. In the European session, silver is trading at $17.06, up $0.05 or 0.38% on the day. Muted Response to Phase 1 Deal There was plenty of fanfare in the White House, as President Trump gushed about […]

Gold Price Futures Technical Analysis

Gold Price Futures Technical Analysis

$GLD $XAU $USD Gold futures are trading nearly flat late Tuesday with gains capped by demand for risky assets and a stronger USD. The market may have been underpinned by slightly weaker US Treasury yields. Fundamentally, the market was pressured by stronger-than-expected US economic data, but may have been supported by concerns over the lack […]

Silver 1 OZ 999 NY (XAG=X) price forecast remains neutral

Silver 1 OZ 999 NY (XAG=X) price forecast remains neutral

Silver 1 OZ 999 NY (XAG=X) price forecast remains neutral Silver prices have edged higher on Tuesday. In the European session, silver is trading at $17.07, up 0.26% on the day. Lukewarm Response to Trade Agreement The announcement of a trade deal between the U.S. and China is certainly significant, but the markets have been rather […]

Gold Prices on Pace to Mark Biggest Annual Gainer in 9 Yrs

Gold Prices on Pace to Mark Biggest Annual Gainer in 9 Yrs

$GLD, $XAU, $SLV, $XAG, $USD Gold prices look to end the year more than 15% higher, on track to post their biggest annual gainer in 9 years. “Gold has seen considerable safe haven buying from investors concerned over low and negative yields in the bond market and fearing a possible downturn in equities,” said the […]

Silver 1 OZ 999 NY (XAG=X) Trade Deal – the Devil is in the Details

Silver 1 OZ 999 NY (XAG=X) Trade Deal – the Devil is in the Details

Silver 1 OZ 999 NY (XAG=X) Trade Deal – the Devil is in the Details Silver prices have started the new trading week with gains. In the European session, silver is trading at $17.04, up 0.65% on the day. Trade Deal – the Devil is in the Details The U.S. and China announced on Friday that […]

Gold’s Price History

Gold’s Price History

$XAU, $GLD, $USD, $XAG, $SLV The following is a deep dive into past Gold’s Price History by James Anderson who begins with a gold price chart covering more than the last 700 years. Leading into the USD price of gold since the 1776 founding of the United States of America (USA) through the post-1971 fully fiat […]

Silver 1 OZ 999 NY (XAG=X) Prices Pop After Recent Fed Statement

Silver 1 OZ 999 NY (XAG=X) Prices Pop After Recent Fed Statement

Silver 1 OZ 999 NY (XAG=X) Prices Pop After Recent Fed Statement After last week’s outstanding employment figures, investors expected a fairly dull FOMC release yesterday. After all, what more is there to say other than “gee, things seem to be going well, so we’re going to wait for a while before we do anything.” And […]

Savvy Investors Seeing Gold at $2,500 oz Plus

Savvy Investors Seeing Gold at $2,500 oz Plus

$GLD $XAU Wealthy people are stocking up on physical gold: bullion, coins and bars, according to a recent note from Goldman Sachs. As a result investors who are Bullish on gold say it’s the precious Yellow metal’s moment to shine. “I think gold’s going to $2,500, $3,000 an ounce in the 2020s because the climate—the […]

Silver 1 OZ 999 NY (XAG=X) Investors Brace for Soft CPI

Silver 1 OZ 999 NY (XAG=X) Investors Brace for Soft CPI

Silver 1 OZ 999 NY (XAG=X) Investors Brace for Soft CPI The U.S. releases key consumer data for November this week. On Wednesday, we’ll get a look at consumer inflation, followed by retail sales reports on Friday. Inflation levels remain low, with the headline and core releases both expected to post a modest gain of […]

Silver 1 OZ 999 NY (XAG=X) Investors are keeping a close eye on the Federal Reserve

Silver 1 OZ 999 NY (XAG=X) Investors are keeping a close eye on the Federal Reserve

Silver 1 OZ 999 NY (XAG=X) Investors are keeping a close eye on the Federal Reserve Silver prices are almost unchanged for a second straight day. In the European session, silver is trading at $16.63, up $0.04 or 0.26% on the day. After a sharp drop on Friday, silver has settled down this week. The metal […]

Gold’s Great Year Points to Another

Gold’s Great Year Points to Another

$XAU $GLD $USD $GS Gold’s impressive advance in Y 2019 may be set to move into the New Year. As 2020 looms, BlackRock Inc., the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman Sachs Group Inc. and UBS Group AG see prices climbing to 1,600 oz, a mark last seen […]

Silver 1 OZ 999 NY (XAG=X) Solid Nonfarm Payrolls Boost Risk Appetite

Silver 1 OZ 999 NY (XAG=X) Solid Nonfarm Payrolls Boost Risk Appetite

Silver 1 OZ 999 NY (XAG=X) Solid Nonfarm Payrolls Boost Risk Appetite An excellent U.S. nonfarm payrolls report on Friday triggered a sharp drop of 2.3% in silver prices. The economy added a whopping 266 thousand jobs in November, crushing the estimate of 181 thousand. As well, the 3-month average payroll number increased from 189K to 205K. […]

Goldie Makes Case for Diversifying into Gold

Goldie Makes Case for Diversifying into Gold

$XAU $GLD $GS Goldman Sachs Group Inc. (NYSE:GS) said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious Yellow metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts […]

Silver 1 OZ 999 NY (XAG=X) looks like it’s in serious trouble and is going to be approaching the 61.8% Fibonacci retracement level

Silver 1 OZ 999 NY (XAG=X)  looks like it’s in serious trouble and is going to be approaching the 61.8% Fibonacci retracement level

Silver 1 OZ 999 NY (XAG=X) looks like it’s in serious trouble and is going to be approaching the 61.8% Fibonacci retracement level Silver markets initially tried to rally during the week, reaching towards the bottom of the weekly trend line that had previously been holding this market up. At this point, the market has […]

The Gold Rally Stalled…

The Gold Rally Stalled…

$GLD $XAU, $SLV, $XAG, $USD Macro events stalled the rally in Gold over the past 2 months.  Now, it appears Gold is set up for another rally pushing much higher. Gold broke down from a Bull Market in Ys 2012/2013, that is nearly 7 years ago.  Now, Gold has broken resistance near 1375 and is technically […]

Trump Remarks Weigh on Silver 1 OZ 999 NY (XAG=X)

Trump Remarks Weigh on Silver 1 OZ 999 NY (XAG=X)

Trump Remarks Weigh on Silver 1 OZ 999 NY (XAG=X) Silver is flat on Thursday, after sustaining sharp losses on Wednesday. In the European session, silver is trading at $16.86, up $0.03 or 0.18% on the day. Trump Remarks Weigh on Silver Silver prices have shown some strong swings this week, treating traders with the strongest […]

Outlook for Gold and Silver in 2020

Outlook for Gold and Silver in 2020

$XAU, $GLD, $USD, $XAG, $SLV Now it is the time of year to predict where gold prices will go in Y 2020. The forecasts’ are worth paying attention to because the experts use a number of factors, ranging from central bank policy to geopolitics to cycle analysis, to make their calls. There is something for […]

Trump Threat Boosts Silver 1 OZ 999 NY (XAG=X)

Trump Threat Boosts Silver 1 OZ 999 NY (XAG=X)

Trump Threat Boosts Silver 1 OZ 999 NY (XAG=X) Silver is steady on Wednesday, after climbing 1.5% on Tuesday. In the European session, silver is trading at $17.11, down $0.03 or 0.19% on the day. With the U.S. releasing key reports, we could see stronger movement from silver during the day. Trump Threat Boosts Silver Silver […]

Gold Markets Rallied on President Trump’s Trade Comments

Gold Markets Rallied on President Trump’s Trade Comments

$XAU, $GLD, $SPY Gold markets rallied significantly during the trading session Tuesday after President Trump suggested that the Chinese trade deal could wait until after the election. If that’s going to be the case, then markets are pretty concerned based upon the reaction. Gold rallied but are already starting to give back some of the gains […]

Silver 1 OZ 999 NY (XAG=X) see solid gains on safe-haven demand as stocks stumble

Silver 1 OZ 999 NY (XAG=X) see solid gains on safe-haven demand as stocks stumble

Silver 1 OZ 999 NY (XAG=X) see solid gains on safe-haven demand as stocks stumble Gold and silver prices are posting solid gains in midday U.S. trading Tuesday, on safe-haven buying amid a U.S. stock market sell-off following downbeat remarks from President Trump regarding the U.S.-China trade negotiations. Trader and investor risk appetite up-ticked Tuesday […]

Gold Traded Off Monday

Gold Traded Off Monday

$XAU, $GLD, $XAG, $SLV Gold fell Monday, pressured by a round of upbeat data on Chinese manufacturing activity, but prices finished above the session lows as weakness in the US manufacturing index dulled appetite for stocks. “Positive economic news” from the US and across the world, if any, “can result in sharp corrections for gold,” […]

Buy Gold and Silver 1 OZ 999 NY (XAG=X) in Bull Market Dips – A Rare Significant Opportunity

Buy Gold and Silver 1 OZ 999 NY (XAG=X) in Bull Market Dips – A Rare Significant Opportunity

Buy Gold and Silver 1 OZ 999 NY (XAG=X) in Bull Market Dips – A Rare Significant Opportunity Buy Gold and Silver in Bull Market Dips – A Rare Significant Opportunity Back in July, I wrote about gold’s long-anticipated breakout. Gold bugs everywhere rejoiced! And I suggested the best was yet to come. After being […]

Gold, Silver 1 OZ 999 NY (XAG=X) continue to weaken as investors turn to riskier assets

Gold, Silver 1 OZ 999 NY (XAG=X) continue to weaken as investors turn to riskier assets

Gold, Silver 1 OZ 999 NY (XAG=X) continue to weaken as investors turn to riskier assets Silver markets initially fell during the trading session on Monday to kick off the week but have turned around to show signs of life again. At that juncture, we also have a relatively significant uptrend line that has proven […]

Silver 1 OZ 999 NY (XAG=X) continue to weaken as investors turn to riskier assets

Silver 1 OZ 999 NY (XAG=X) continue to weaken as investors turn to riskier assets

Silver 1 OZ 999 NY (XAG=X) continue to weaken as investors turn to riskier assets Improving sentiment around US-China trade relations, coupled with positive US economy data and poor physical demand in Indian markets, is turning investors towards riskier assets and away from the safe haven instrument. The change in investor perception is likely to […]

The Gold Rush Flying Under Wall Street’s Radar

The Gold Rush Flying Under Wall Street’s Radar

$GLD, $XAU, $AGGFF The Dutch Central Bank recently argued in an article that if there were to be a major monetary reset, “gold stock can serve as a basis” to rebuild the global monetary system. Investor Ray Dalio recently cautioned attendees at the Institute for International Finance conference when he mentioned the possibility of a […]

Silver 1 OZ 999 NY (XAG=X) Investors Await U.S. Manufacturing PMI

Silver 1 OZ 999 NY (XAG=X) Investors Await U.S. Manufacturing PMI

Silver 1 OZ 999 NY (XAG=X) Investors Await U.S. Manufacturing PMI The key event on Friday is the ISM Manufacturing PMI, which should be treated as a market-mover. The index has been hovering close to the 50-level, which separates contraction from expansion. In September, the index rose to 51.5 pts, marking a 6-month high. Still, this […]

Gold is More Than a Safe Haven Asset

Gold is More Than a Safe Haven Asset

$XAU, $GLD, $USD Despite its strong ties to geopolitical events, gold is driven by supply and demand. Gold, known as the safe haven asset, historically becomes more valuable during times of geopolitical turmoil. Approximately 20% of the above-ground stock of gold reserves is held by central banks and international monetary organizations.  In addition, gold and the USD […]

Silver 1 OZ 999 NY (XAG=X) Shrugs After Fed Minutes

Silver 1 OZ 999 NY (XAG=X) Shrugs After Fed Minutes

Silver 1 OZ 999 NY (XAG=X) Shrugs After Fed Minutes Silver prices are showing little movement on Thursday. In the European session, the metal is trading at $17.05, down $0.08 or 0.49% on the day. Silver Shrugs After Fed Minutes The Federal Reserve minutes of the October meeting failed to garner much of a reaction from […]

Gold Price Outlook: Gold Set Up for a Holiday Rally

Gold Price Outlook: Gold Set Up for a Holiday Rally

$XAU, $GLD The recent sell-off in gold has triggered massive gold demand from India. Recall that India had been dormant since June, when the Government increased the import duty by 25% on imported kilo bars. But the lower price of world gold, combined with India’s peak seasonal gold buying period has unleashed India’s gold importation […]

Will FOMC Minutes Shake up Silver 1 OZ 999 NY (XAG=X)?

Will FOMC Minutes Shake up Silver 1 OZ 999 NY (XAG=X)?

Will FOMC Minutes Shake up Silver 1 OZ 999 NY (XAG=X)? Silver is showing little movement on Wednesday. In the European session, the metal is trading at $17.14, up $0.01 or 0.11% on the day. The sole U.S. indicator on the calendar is crude oil inventories. Will FOMC Minutes Shake up Silver? With a light economic […]

There is a Gold Rush on, Here are Our Plays…

There is a Gold Rush on, Here are Our Plays…

$XAU, $SLV, $GOLD, $NEM, $AGGFF, $FNV, $RGLD, $PAAS The smart money has already started and gold prices are up, breaking through 6 year highs. Gold miners are having an incredible year. And if a crash comes, getting gold into your portfolio is absolutely Key With all that in mind, here are five companies gold investors should […]

Silver 1 OZ 999 NY (XAG=X) Prices Hover at $17.00 as Drifting Continues

Silver 1 OZ 999 NY (XAG=X) Prices Hover at $17.00 as Drifting Continues

Silver 1 OZ 999 NY (XAG=X) Prices Hover at $17.00 as Drifting Continues Silver is flat in Tuesday trade. In the European session, the metal is trading at $17.09, up $0.04 or 0.28% on the day. On the fundamentals front, the U.S. releases Building Permits, which is expected to remain steady at 1.39 million. Ahead – […]

Silver 1 OZ 999 NY (XAG=X) Markets Bounce Again

Silver 1 OZ 999 NY (XAG=X) Markets Bounce Again

Silver 1 OZ 999 NY (XAG=X) Markets Bounce Again Silver markets have initially fallen during the trading session on Monday, as it was more of a “risk on” type of situation after it was initially suggested that the phone call between the Americans and the Chinese were “constructive” over the weekend. However, we have sense […]

Silver 1 OZ 999 NY (XAG=X) great buying opportunity before it continues its ascent

Silver 1 OZ 999 NY (XAG=X) great buying opportunity before it continues its ascent

Silver 1 OZ 999 NY (XAG=X) great buying opportunity before it continues its ascent Gold has had a bit of a pullback the last month, which has investors wondering if this is the top or just a pause and a great buying opportunity before it continues its ascent. Another topic on investors’ minds is the […]

Millennials Adopt Old School Love of Gold

Millennials Adopt Old School Love of Gold

$XAU, $GLD The World Gold Council (WGC) has reported that millennials’ attitudes towards gold are not so different to those of older generations. “Gold can resonate more deeply among younger consumers,” the report said. “But there are perceptual misgivings among the younger Gen Z audience, misgivings which are particularly pronounced in China’s jewelry market. For example, […]

US-China Trade Deal Hopes “whet risk appetite,” Gold Falls

US-China Trade Deal Hopes “whet risk appetite,” Gold Falls

$SPY, $GLD, $XAU Gold prices fell Friday as risk appetite was whetted by comments from White House economic adviser Larry Kudlow that the United States is nearing an interim trade pact with China. Spot gold (XAU) was down 0.5% at $1,464.17 oz, as of 0754 GMT, but was set to rise about 0.4% this week, […]

Gold Technical Analysis: Buy Stops Over 1461.30 May Trigger Move into 1471.00 Fibo Mark

Gold Technical Analysis: Buy Stops Over 1461.30 May Trigger Move into 1471.00 Fibo Mark

$XAU, $GLD Gold traded up early Wednesday and in a position to do something it has not done in 8 trading sessions: take out the previous day’s high. With Treasury yields inching lower and the US stock indexes weakening some, it looks as if gold is attracting a little buying. But, cannot tell if its […]

Gold Bounced Finishing in the Green

Gold Bounced Finishing in the Green

$XAU, $GLD, $USD Gold prices bounced off session lows and closed in the Green Tuesday, despite a stronger USD. Yields remain edged lower. German data is showing some small signs of improvement. President Trump in a speech before the Economic Club of New York on Tuesday to hammered the Fed, saying that although the stock […]

Gold ETFs Seeing Support After Correction

Gold ETFs Seeing Support After Correction

$GLD, $XAU, $XAG, $USD, $UGLD, $NUGT, $NEM, $GOLD Ongoing trade tensions between the US and China, along with geopolitical tension in the Middle East, have underpinned gold prices throughout most of Y 2019. Plus, a weakening USD this year brought about by 3 Fed interest rate cuts has helped support the precious Yellow metal, as the two assets […]

Gold Markets Break South

Gold Markets Break South

$GLD, $XAU, $USD Gold markets broken down significantly last week, marking well below the $1500 mark, a very negative sign, but when you look at the weekly chart, you can see a bullish flag. But, this market needs to save itself quickly or it will be serious technical trouble. The $1450 mark will continue to keep […]

Silver 1 OZ 999 NY (XAG=X) trying to decide where it wants to go for the longer-term move

Silver 1 OZ 999 NY (XAG=X) trying to decide where it wants to go for the longer-term move

Silver 1 OZ 999 NY (XAG=X) trying to decide where it wants to go for the longer-term move Silver markets fell a bit during the trading session on Thursday, testing the uptrend line that has been so crucial for this market. At this point, it should also be noted that the 50 day EMA sits just […]

Silver 1 OZ 999 NY (XAG=X) showing signs of life again

Silver 1 OZ 999 NY (XAG=X) showing signs of life again

Silver 1 OZ 999 NY (XAG=X) showing signs of life again Silver markets initially break down below the uptrend line during the trading session on Wednesday, but then turned around to form a relatively supportive looking candle. If that’s going to be the case, then it looks as if the uptrend may have just saved […]

Silver 1 OZ 999 NY (XAG=X) solid support at $17.44

Silver 1 OZ 999 NY (XAG=X) solid support at $17.44

Silver 1 OZ 999 NY (XAG=X) solid support at $17.44 Gold and silver prices are lower and hitting new daily lows in early U.S. trading Tuesday, as rallying world stock markets that saw the U.S. indexes score more record highs overnight are keeping demand for the safe-haven metals squelched. December gold futures were last down $14.20 an ounce […]

2020 Could Be a Golden Year for these Companies

2020 Could Be a Golden Year for these Companies

$XAU, $SLV, $GLD, $GOLD, $CPNFF, $NEM, $KL, $RIO, $WPM, $CG After 1 of the most geopolitically charged years in recent memory, gold is now set to soar Prices began to bounce back in Y 2019, and as trade wars and conflict in the Middle East took hold, investors started racing back to their favorite safe haven […]

Silver 1 OZ 999 NY (XAG=X) continues to see a lot of volatility

Silver 1 OZ 999 NY (XAG=X) continues to see a lot of volatility

Silver 1 OZ 999 NY (XAG=X) continues to see a lot of volatility Silver markets went back and forth during the trading session on Monday as we continue to see a lot of volatility. Remember though, silver has been in an uptrend lately so therefore a grind higher is probably most likely. Silver markets went back […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX Risk is on, sidelined money coming back in. The earnings news is providing its share of trading catalysts, but the macro news is mattering more as a market driver because the macro connection with the employment report is that it suggests future earnings news may be better than expected. The […]

Gold, the Odds Favor 1 More Decline to Test

Gold, the Odds Favor 1 More Decline to Test

$XAU, $GLD Friday’s October employment report saw 128,000 jobs Vs the expected 75,000. The August numbers were revised upward significantly to 219,000 from 168,000, and September jumped from 136,000 to 180,000. The report should have sent gold prices South, but perhaps the weaker than expected ISM manufacturing numbers are keeping gold up. And the probabilities […]

Can Silver 1 OZ 999 NY (XAG=X) Breakout?

Can Silver 1 OZ 999 NY (XAG=X) Breakout?

Can Silver 1 OZ 999 NY (XAG=X) Breakout? December silver futures bulls have the overall near-term technical advantage. Prices have been trending higher for four weeks. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at last week’s high of $18.35 an ounce. The next downside price breakout objective for […]

Silver 1 OZ 999 NY (XAG=X) higher on some safe-haven demand amid reports the world’s two largest economies are not close to a trade deal

Silver 1 OZ 999 NY (XAG=X) higher on some safe-haven demand amid reports the world’s two largest economies are not close to a trade deal

Silver 1 OZ 999 NY (XAG=X) higher on some safe-haven demand amid reports the world’s two largest economies are not close to a trade deal Safe-haven gold and silver prices are moderately up in early U.S. trading Thursday, on some safe-haven demand amid reports the world’s two largest economies are not close to a trade […]

Silver 1 OZ 999 NY (XAG=X) market is probably going to continue to see buyers on these dips

Silver 1 OZ 999 NY (XAG=X) market is probably going to continue to see buyers on these dips

Silver 1 OZ 999 NY (XAG=X) market is probably going to continue to see buyers on these dips Silver markets have fallen during the trading session on Tuesday, reaching down towards the 50 day EMA before turning around and bouncing enough to cause a bit of a hammer by midday. This shows that the market is […]

Hong Kong: HANG SENG INDEX (.HSI) Trade deal hopes buoy stocks

Hong Kong: HANG SENG INDEX (.HSI) Trade deal hopes buoy stocks

Hong Kong: HANG SENG INDEX (.HSI) Trade deal hopes buoy stocks World shares rose to three-month highs on Monday, boosted by hopes for a trade deal and strong U.S. corporate earnings, while the dollar dipped from its highest in a week before a Federal Reserve rate decision. MSCI’s All Country World Index, which tracks shares […]

Silver 1 OZ 999 NY (XAG=X) price’s next breakout could happen

Silver 1 OZ 999 NY (XAG=X) price’s next breakout could happen

Silver 1 OZ 999 NY (XAG=X) price’s next breakout could happen Although unable to hold a 3% rally late last week, the silver price is still in good shape and investors just have to be patient, according to one market analyst. David Smith, senior analyst at the Morgan Report, said that although silver fell sharply […]

Gold Behaves More as a Currency Than a Commodity

Gold Behaves More as a Currency Than a Commodity

$XAU $GLD Gold is often included into commodities, as gold is a metal. And just like other raw materials, it is used in the production of manufactured goods. But gold is much more than that. According to the recent report published by World Gold Council (WGC) there are 6 features which differentiate gold from other […]

Gold Retakes Key $1,500 oz Mark

Gold Retakes Key $1,500 oz Mark

$XAU, $XAG, $GLD, $SLV, $USD Gold prices climbed above the Key $1,500 mark Thursday to mark their highest finish in about two weeks, as a monthly drop in U.S. durable goods orders buoyed haven appeal for the metal. The dismal durable goods number is helping boost gold prices as recession fears are again on the […]

Silver 1 OZ 999 NY (XAG=X) Could Be Setting Up to Surge

Silver 1 OZ 999 NY (XAG=X) Could Be Setting Up to Surge

Silver 1 OZ 999 NY (XAG=X) Could Be Setting Up to Surge Supermarkets have rallied a bit during the day on Thursday, showing signs of strength yet again. This is a longer-term uptrend and should continue to follow the same path. The 50-day EMA underneath obviously causing a lot of attention as well. Silver markets […]

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