$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $24.65 Technical Indicators Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 23.58. The projected upper bound is: 27.43. The projected lower bound is: 21.71. The projected closing […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $24.32 Technical Indicators Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 23.54. The projected upper bound is: 27.12. The projected lower bound is: 21.36. The projected closing […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $24.12 Silver Outlook Silver futures prices are solidly higher in early U.S. trading Wednesday, as bullish traders stepped in to buy Tuesday’s sharp dip in prices. A lower U.S. dollar index at mid-week is also aiding the precious metals market bulls. December gold futures were last up $18.00 at $1,913.00 and December […]
#gold #price #election #PresidentTrump $XAU $GLD $USD The SPDR Gold Shares (NYSE:GLD) is the largest gold-backed exchange-traded fund, it has retreated from recent highs but it is up 24.37% YTD. In the run-up to this Presidential election GLD and other gold ETFs may be in the headlight, but history tells up indicates gold and the other precious metals are […]
#gold #dollar #price $XAU $GLD $XAG $SLV $USD $DXY “Gold and USD have a very special relationship, together they share an inverse relationship.”— Paul Ebeling In other words, the price of gold and USD often head in opposite directions. When the price of USD goes up, gold tends to go down, and when the price […]
#investment #opportunities #election $RUTX $XAU $GLD “Savvy investors are look beyond US elections toward the global economic recovery by betting on risky asset classes.”– Paul Ebeling The recent US stock correction was a “risk-shedding event” that provides an opportunity during an election year. Historically, US stocks have performed well in the runup to elections. Combined […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $23.28 Silver Outlook December silver futures bulls have the overall near-term technical advantage. However, prices are still in a two-month-old downtrend on the daily bar chart. Silver bulls’ next upside price objective is closing prices above solid technical resistance at $25.00 an ounce. The next downside […]
#gold #silver #dollar #stimulus $XAU $GLD $XAG $SLV $USD $ICE “Like stocks, the gold market believes the Fed’s easy money plus big deficit spending by government will beat COVID-19’s deeply deflationary impact“– Paul Ebeling Gold futures rose Monday on a softer USD and fresh talk of a aid/relief/stimulus deal supporting prices for the precious Yellow […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $24.32 Silver Outlook What is a reasonable premium over spot for silver? The answers to these questions depend on what you’re buying. Silver bars carry the lowest premium, followed by silver rounds. Silver coins generally have the highest premiums. Quantity also counts. Usually, you see lower […]
#gold $XAU $GLD $USD The Fundamentals Central banks worldwide are committed to suppressing interest rates and printing money to solve their nation’s debt problems. Eventually, they will be forced to default or devalue, they will devalue. The Technicals Gold forms a major bottom every 8-yrs. The last low came in Y 2016. The next one should […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $23.70 Technical Indicators Overall, the bias in prices is: Sideways. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 26.85. The projected lower bound is: 20.59. The projected closing price is: 23.72. Candlesticks A black body occurred (because prices closed […]
#gold #XAU #GLD $XAG $SLV $USD “Gold will remain range-bound in the short term. The market will wait through the weekend and look for news.” — Paul Ebeling Gold held the 1,900 mark in trading Friday, with gains capped by a firm USD, but bullion remained headed for its biggest weekly rise in 8 wks […]
#gold #silver #investing $XAU $XAG #GLD $SLV $PLAT $USD The Advantage of Investing in Both Gold and Silver Investing in both gold and silver may well provide the best of both worlds. As the investor can benefit from the price stability and long-term growth of gold, while still being able to benefit from silver’s ability […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $23.80 Silver News Gold and silver prices are moderately higher in early U.S. trading Thursday, again seeing some buying support from a weaker U.S. dollar index on this day. Still, the gold and silver market bulls need a fresh fundamental news spark to restart their near-term price uptrends that have stalled […]
#Gold $XAU $GLD Gold buying by central banks, an important driver of bullion’s advance in recent years, is forecast to pick up in Y 2021 after a slowdown this year. We see demand from the official sector rising to about 450 toners after a drop to 375 tonnes this year, which would be the lowest […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $24.02 Silver News Silver suffered its worst weekly decline in nine years last week, as traders sold the popular metal and moved back into the US dollar. Silver price technical analysis shows that a recovery back towards $26 remains possible while bulls maintain the price above the […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $23.65 Technical Indicators Overall, the bias in prices is: Sideways. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 26.88. The projected lower bound is: 20.55. The projected closing price is: 23.71. Candlesticks A white body occurred (because prices closed […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $22.89 Technical Indicators Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 26.15. The projected lower bound is: 19.75. The projected closing price is: 22.95. Candlesticks A white body occurred (because prices closed […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $22.95 Silver Outlook Silver has had a dazzling 2020, buoyed to multi-year highs by record amounts of cheap cash and a weak dollar. But as clouds gather on the economic horizon, investor passion for silver may be cooling and the price is now lurching towards its […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $24.42 Silver Outlook For now, we do not see a reversal to the long side coming anytime soon. Expect selling to accelerate. However, remember that in significant downtrends. There are monster rallies that make you second guess your position. As long as our algorithm stays short, […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $24.42 Silver Outlook Silver started to lose upside traction last week, and followed the price of gold lower after the Federal Reserve policy statement sounded less dovish than market participants had been expecting. Silver price technical analysis shows that a $2 directional move in the widely traded […]
#gold #silver $XAU $XAG $GLD $SLV $USD $DXY Gold fell over 3% Monday, sliding to its lowest mark in more than a month, as uncertainty over more US fiscal stimulus pressured the precious metals complex along with a stronger USD. Silver dove 9.4% to 24.25 as of 11:17a EDT, its lowest level in over a […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $26.99 Silver Outlook Silver markets have gone back and forth during the course of the week, dancing around the $27 level. The $26 level underneath is significant support, just as the $28 level above is significant resistance. With that being the case, we are essentially at […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $26.99 Silver Outlook Safe-haven gold and silver prices are solidly lower at midday Thursday despite eroding trader/investor risk appetite and global stock markets that were weaker today. This seemingly conflicting scenario has played out often the past few months, confounding the precious metals market bulls. Still, such situations have also […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $27.24 Silver Outlook Silver markets rallied a bit during the trading session on Monday as we continue to see a flush into precious metals overall. Ultimately, I think that the market is likely to see a lot of volatility, but at this point the question then is […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $26.60 Silver Outlook Silver prices are modestly up in midday U.S. trading Thursday, supported in part by a weaker U.S. dollar index on this day and by the overall bullish chart postures for both metals. Prices are well their daily highs, however. October gold futures were last up $8.50 at $1,955.30 […]
$XAG #Silver #FX #Commodities #Trading #Markets #Metals SilverTicker: XAG=Price: $26.80 Silver Outlook Silver has also had an outstanding year, with its gain almost double gold’s, Bloomberg reported. The rise has come off the back of a weakening US dollar, plunging real rates and geopolitical tensions — all of which give investors motivation to seek haven in […]
#Dollar #Gold #Silver #Market $USD $DXY $XAU $GLD $XAG $SLV When the C-19 coronavirus chaos began to make its negative influences felt throughout the financial markets, global investment trends in the US currency emerged as a primary safe-haven beneficiary. As a result of the risk-off trends in market sentiment, .DXY was driven to its highest marks […]
#USD #Gold #investors #debt #Fed $XAU $GLD $USD $DXY The reason USD became the world’s reserve currency is that America has had the largest, strongest steadily growing and conservatively financed economy and a stable political system anchored in the US Constitution. Yet for USD to continue to be valued, the world has to believe in it. […]
#gold #cash #royalty #streaming $WPM Wheaton Precious Metals: this royalty stock makes good sense for more conservative accounts looking to have exposure to the precious metals sector. Wheaton Precious Metals Corp. (NYSE:WPM) is a Canadian precious metals streaming company with approximately 60% of its revenues from the sale of silver and 40% from gold. Under […]
#Bulls #Summary #markets $DIA $SPY $QQQ $RUTX $VXX Summary US stocks closed flat to unchanged Monday despite strength in the tech sector. US Treasures advanced, sending 10-yr yields down 2 bpts. USD declined modestly Vs the G-10 basket, with the AUS pacing gains. Gold strengthened more than 2%. Asian equity futures are higher. US corporate investment-grade […]
#GoldBugs #investors #metal $XAU $GLD $USD There always have been the hard core gold bug investors and Wall Street analysts who tout the precious Yellow metal and stay overweight regardless of demand and the macro picture. The bottom line is that, from an asset allocation standpoint, all structured portfolios need a weighting to precious metals […]
$XAG #Silver #Commodities #FX #Trading #Markets SilverTicker: XAG=Price: $28.29 News In Monday’s early Asian trade, September, the front-month silver contract on COMEX, was up 53 cents, or almost 2%, at $28.07 per ounce. It lost 86 cents, or 3%, on Friday to settle at $28.40. Before Friday’s tumble, September silver hit a seven-year high of $29.915, […]
#gold #silver #market #price #COMEX #USD $XAU $XAG $GLD $SLV $USD The Big Q: What happened in the gold and silver markets last week? The Big A: Ka-Boom! This is the USS New Jersey (BB-62) firing a 9 gun broadside at dusk in the Gulf of Thailand, August 1986. How do I know that? I […]
#gold #silver #USD $GLD $XAU $SLV $XAG $USD Gold extended its strong Bull run Thursday, driven by expectations of more monetary response to the virus chaos. Spot gold hit an all-time high of 2,069.21oz and was up 0.8% at 2,055.87 at 2:10p EDT (1810 GMT). US gold futures settled 1% higher at 2,069.40. Data showed US jobless claims fell […]
#gold #silver #COMEX $XAU $GLD #XAG $SLV Tuesday, spot gold rose to a record above 2,000oz as investors continue to seek safe-haven for their assets due to economic and geopolitical risks. Gold has rallied in the past year as the C-19 coronavirus chaos prompts unprecedented amounts of aid/relief/stimulus to bolster economies, including lower rates, which […]
#gold #silver #safety #asset #coins #bars #jewerly $XAU $XAG $GLD $SLV $USD The Big Q: Why is gold marking all time highs now? The Big A: Why Not! Gold’s as a safe-haven investment during turbulent market environments is well known and this means physical precious metals may continue to go up in value. The Big […]
#gold #silver #price #record #COMEX #Fed #ETFs $XAU $GLD $XAG $SLV $USD Friday, gold rose to a new record, driven by demand, USD weakness and low interest rates, and silver posted its best month since Y 1979. Spot bullion is up more than 10% in July its best month since Y 2016 as US real yields […]
#dollar #gold $USD $DXY $XAU $GLD $DIA $SPY $QQQ $RUTX $VXX $GS Savvy participants are going “all-in” on gold, Goldman Sachs is going “all-in” on gold, that is happening by the currant Southside pressure on the Buck. With more Southside expected in US real interest rates we here at HeffX-LTN are reiterating our Long gold […]
$XAU $GLD $XAG $SLV $USD $GOLD Gold steadied as investors paused after a record-breaking rally that saw futures touch 2,000oz for the 1st time. Futures and spot prices backed off from the wide swings that shook the market earlier as traders assessed the outlook for a host of drivers including Fed policy, with the FOMC meeting this […]
#gold #silver #dollars #currencies #risk #Fed #interestrates #USChina $XAU $GLD $XAG $SLV $USD Spot gold topped 1,900oz for the 1st time since September 2011 and edged closer to an all-time high with flaring geopolitical tensions and concern over global growth driving demand for save-haven assets. Gold marked a 7th wkly gainer, the longest run since […]
#gold #stocks #money #investors #goldbugs #centralbanks #inflation #virus $DIA $SPY $QQQ $RUTX $XAU $GLD #VXX Gold is up 25% this year and traded above 1,897oz, just shy the Y 2011 record high at 1,921. Global stocks measured by the MSCI World index, have recovered almost all of the losses they suffered on the instant recession sell-off brought on […]
#gold #XAU #GLD #silver #XAG #SLV #rally #USD #Treasuries #yields #interest #Fed $XAU $GLD $XAG $SLV $USD Deepening negative real yields in the US Treasury market are driving a this rally in gold that is seeing the precious Yellow metal moving toward record highs. Bullion has gained 24% this year and is about $40 from […]
#stocks #gold #silver #dollar #C19coronavirus #China #global #growth #COMEX #VeryBullish $DIA $QQQ $SPY $RUTX $VXX $USO $USD $XAU $GLD $XAG $SLV Moving the Market: Profit taking in mega-caps Thursday, Gold traded near 1,900oz, moving closer to it’s all-time high set nearly 9 yrs ago on concerns about global growth that is driving safe-haven demand. Increasing […]
#silver #miners #prices #verybullish $PAAS Pan American Silver Corp. $PAAS raised to Buy from Neutral and its price objective was raised to 50.75 from 34.50. April Breakout confirmed on 26 June. PAAS is trading at 35.85 premarket Friday morning vs a 52 wk high of 10.61-37.86. My overall technical outlook for PAAS is Very Bullish, […]
#gold #silver #dollar #rally #safehaven #insurance #recovery #demand $XAU $GLD $XAG $SLV $USD Wednesday, Gold rose to a 9-yr high as an escalation in US-China tensions fueled demand for safety, while silver followed bullion’s rally to hit a near 7 yr high on expectations of a recovery in industrial demand. Spot gold hit its highest […]
#gold #miners #WallStreet #investors #risk #C19coronavirus #banks #stimulus $NEM $GOLD Last yr precious-metals miners were seen by Wall Street as too leveraged and high-risk for the typical investor, but they raised $2.4-B in secondary equity offerings during Q-2 of this year. That is the most since Y 2013 and 7X more than the funds they […]
#SILVER #XAG Silver prices climbed to their highest level in 10 months Monday, lifted by factory re-openings and soaring investor demand for precious metals. Futures linked to the metal rose 2.3% to $19.50 a troy ounce in New York, putting them on the right track for their highest settlement since September 2019. Silver prices have […]
#gold #silver #virus #China #uptrend #inflation $XAU $GLD $XAG $SLV $USD Gold prices eased Thursday on a stronger USD, though concerns over rising C-19 coronavirus cases and US-China tensions is keeping bullion close to a 9-yr high. Spot gold was down 0.3% to 1,805.62oz by 0705 GMT, just 12 shy of its highest since September […]
#Gold #Silver #preciousmetals #Fed #ECB #RBA #C19Coronavirus #inflation #currencies #stocks $XAU $GLD $XAG $SLV $USD $DIA $SPY $QQQ $RUTX $VXX Analysts and economists are calculating the destruction the C-19 coronavirus chaos, and traders in the financial markets trying to understand the ramifications of the virus’ presence. The market trends demonstrate that our prior precious metals forecasts continue […]
#gold #stock #market #yield #opportunity #USD #safehaven #asset #investors #negative #interest #stimulus #Fed #inflation #rally $GLD $XAU $USD Negative real yields mean opportunity cost of holding gold disappears. Traditionally Gold has been thought of as a safe-haven asset. But that has not stopped it from rising to 9-yr highs, and within striking distance of its […]
#VALE #ValeSA #miner #Aristocrat #metals #ferrous #precious #gold #silver #copper #iron #steel #Brazil #bullish #Buy #platinum #cobalt #coal $VALE Vale S.A. (NYSE:VALE) broke out on 29 May and confirmed on 8 July, this giant miner is now on our Buy list with a target price at 18/share The stock closed Wednesday at 10.76 Vs it […]
#gold #miners #precious #metals #gold #silver # investors #pattern #coronavirus #bullish $HUI $GDX $RING $SGDM $GDXJ The rising prices of precious metals since March have boosted the mining sector and now we are seeing sharp Northside ticks across many Key mining funds. Here we look at some of them to get an idea of the […]
$XAU $SPY $VIX $VXX The last few months have been super for the US stock market and for gold Few thought in March that the S&P 500 would be back above 3,000, the DJIA would be back above 25,000 and the NAS would mark new all-time highs in late June. As we roll into the Summer Doldrums there are signs of […]
$DIA $SPY $QQQ $RUTX $$GLD $XAU $VXX The Bulls are clearly in control on Wall Street, but the US stock market sentiment data picture is confusing for many participants now, as there is lots of professional of pessimism about current stock pricing Vs retail optimism. It is a tug-of-war scenario. This shows up in the […]
$XAU $GLD $USD The Latin phrase Premeditatio Malorum tells us to prepare for all evils, and that means to prepare investment portfolios for all risks. It may take more time than most expect for the world economy to recover from the psychological and financial impacts of The China Virus chaos. But what that chaos proved was that […]
$XAU $XAG $GLD $SLV $USD Gold, forests, property stocks, inflation-linked bonds, these are just some of the assets investors are betting lots money into on the view that the recent explosion of government spending and Fed stimulus may rouse inflation from its 10 yrs+ sleep. If inflation really is “the dog that didn’t bark”, failing […]
$XAU $GLD $XAG $SLV $USD $GS Goldie raises 12-month gold forecast by 11% to $2,000 oz; Silver’s 12-month forecast at $22 oz Gold prices are likely to reach $2,000 oz in 12 months on the back of low real interest rates and concerns over currency debasement, even as developed markets emerge from C-19 coronavirus chaos […]
Korea Zinc Company, Ltd. (010130.KS) Big Upside Potential Korea Zinc is rising to be the world’s most competitive refinery Korea ZincTicker: 010130.KSPrice: KRW 345,000.00 Business Summary Korea Zinc Inc. is a Korea-based company principally engaged in the manufacture and distribution of non-ferrous metal products. The Company’s non-ferrous metal products consist of precious metal products, including […]
$XAU $GLD $XAG $SLV $PLAT Gold rose Monday after the prior session’s decline, that boosted by hopes of dovish monetary policy from the FOMC Wednesday. Spot gold rose 0.5% to 1,692.86 oz by 12:23 p ET (1623 GMT) US gold futures rose 0.9% to 1,698.10 oz Expect the Fed to continue to continue it dovish […]
$USO $UNG $XAU $XAG $CU Thursday, President Trump on Thursday is signed an executive order that gives federal agencies emergency powers to fast-track major energy and other infrastructure projects by overriding environmental permitting requirements. The order is billed as a way to “support and accelerate” the economic recovery from the impacts of the C-19 coronavirus chaos and […]
$XAU $GLD Gold backed ETFs added 623 tonnes of the precious Yellow metal worth $34-B to their stockpile from January to May, exceeding in 5 months every full-year increase on record, the World Gold Council (WGC) said Thursday. In May alone, the increase was 154 tonnes, it said. Many investors think gold is likely to […]
$SA $XAU $CU The case fo Seabridge Gold (NASDAQ:SA): The company’s projects are in western and northern Canada. During Q-1, Seabridge announced a revised production outlook at its KSM project, in northern British Columbia. The new outlook includes a 44-yr plan to recover up to 19.6 oz of gold and 5.4-B lbs of copper. SA […]
$XAU $GLD Gold prices rose Monday as riots in major US cities concerned investors already reeling from strained US-China ties and boosted the demand for the safe-haven precious Yellow metal, with a weaker dollar lending further support. Spot gold gained 0.9% at 1,741.61 oz by 0509 GMT. US gold futures was up 0.3% to 1,757.50. […]
The Fed has all but ruled out (meaning not) the economic and financial-markets impact of the C-19 coronavirus chaos that is causing investors to give serious thought to the implications of a policy shift to negative interest rates Rate options, which gauge monetary policy expectations Monday implied a 23% probability that the Key fed funds […]
$XAU $GLD $VXX $USD The Big Q: How High is Too High for the precious Yellow metal? Q-1 of Y 2020 was positive for gold prices, as the chart below shows. The precious Yellow metal gained 6.2% from 31 December 2019 to 31 March 2020, moving from 1,515 to 1,609 oz. In April, gold rallied to 1,693, increasing […]
$SLV $XAG $HL $AG $EXK Since mid-March, the response of governments worldwide to the C-19 coronavirus chaos has led to disrupted mining activities worldwide. A total of 32 countries have passed partial or complete lockdown orders, leading to the temporary suspension of activities at over 1,600 mines as of 3 April, though that number has since dropped […]
$GDX $GLD $XAU $GOLD $NEM $USD Gold is regarded as a safe-haven in times of market uncertinty, and it is Money. Investors can gain exposure to the gold industry by buying stocks of companies engaged in the exploration and mining of the precious Yellow metal. Some of the major players in the gold industry include mining companies […]
$XAU $GLD Gold traded lower Thursday en route to its best month since Y 2016 on the massive amounts of stimulus from governments worldwide intended to stem the economic damage caused by the COVID-19 coronavirus outbreak. Bullion usually benefit from widespread stimulus measures as it is often seen as a hedge against inflation and currency […]
Silver 1 OZ 999 NY (XAG=X) Can Shine All things “risk on” have rallied during the trading session on Wednesday, as there is hope that a drug coming out of Gilead will work against the coronavirus. That being said, the idea is that everything is going to be some again, and the economy is going to turn […]
$XAU $GLD $XAG $SLV $USD Gold slipped for a 3rd day running as countries moves toward easing stay at home restrictions and reopening economies lessened desires for safe-haven assets. Spain announced loosening measures after Tuesday’s weekly cabinet meeting. France’s PM to present the blueprint for opening up to the National Assembly. Several US states have […]
$XAU $GLD Retail buyers for gold coins and bars are now paying a healthy premium per oz for the precious Yellow metal. Retail consumers who want to buy gold coins usually have to pay more than the per-ounce prices quoted on financial markets in London and New York. That premium has jumped to $135 oz, […]
Silver 1 OZ 999 NY (XAG=X) start week on front foot amid risk-on mood Three-month base metals prices on the London Metal Exchange were stronger across the board with prices up by an average of 1.7% as at 5.55am London time. Tin led the advance with a 3% rise to $15,350 per tonne, while aluminium […]
$GLD $XAU $SLV $XAG $USD Australia’s largest gold refinery has ramped up production of 1 kilogram bars to ease the supply squeeze in the US that helped propel a surge in the premium for New York futures. The collapse in air travel that’s grounded passenger jets used to transport gold products and virus-related disruptions to some […]
$XAU XAG $PLAT As the COVID-19 pandemic erupted, so too did demand for newly minted platinum, gold, and silver coins from the US Mint. In times of crisis and doubt, investors move some assets to safe-havens. The demand is so high it is currently stripping the Mint’s supply. And if history is any indicator, it […]
Silver 1 OZ 999 NY (XAG=X) Buy at First Support Shayne Heffernan Trade Idea “The silver market is small so it doesn’t take a lot of money to really push prices higher.” Shayne Heffernan PhD in Economics Why This Matters Rising demand for silver from investors will offset sharp falls in consumption by jewellers and […]
Silver 1 OZ 999 NY (XAG=X) Shows No Signs Of Weakness Silver remained in a range between the 20 EMA near $15.00 and the 50 EMA at $15.60 while global markets turned red amid rapid downside move in crude oil prices. Currently, the precious metal segment is ignoring the broader sell-off which is a good sign for […]
$GLD $XAU $SLV $XAG $USD With the Fed printing lots of cash, rising inflation is a possibility. If that is the case, gold will to do well. On Top of that, gold has proven its reputation as a good investment throughout these past few months, it is up 16% YTD. While stocks absolutely plunged in response […]
Silver 1 OZ 999 NY (XAG=X) to stay positive hence it’s clearly a buy on dips market Silver stays below the 50 EMA level at $15.60 following the release of U.S. Initial Jobless Claims report which showed that 5.25 million of Americans applied for unemployment benefits. Currently, it looks like the market was ready to hear the bad […]
Silver 1 OZ 999 NY (XAG=X) sees big pullbacks after recent bigger gains; not surprising Gold and silver futures prices are trading solidly lower in midday U.S. trading Wednesday, on normal downside corrections from recent strong gains that saw gold prices hit a 7.5-year high, at $1,788.80, on Tuesday, basis June Comex futures. Big gains in markets can […]
$XAU $GLD $XAG $SLV Gold extended its rally to mark it highest level in almost 8 yrs on concern that the health crisis will have a deep and lasting effect on the global economy, thus boosting demand for the safe-haven. Futures in New York moved close to 1,800 oz, a mark last seen in Y […]
$XAU $GLD Gold extended its strong rally to hit the highest mark in more than 7 years on concern that this health crisis will have a devastating effect on the global economy, hammering corporate earnings while driving demand for safe-havens. COMEX futures in New York moved closer to 1,800 oz, the mark last seen in […]
Silver 1 OZ 999 NY (XAG=X) pulls back in absence of near-term upside catalysts but the situation may change quickly Silver Stays Below The Major Resistance Level At 50 EMA Silver pulls back following an attempt to break through the major resistance level at the 50 EMA at $15.60. There’s no material economic data scheduled […]
Silver 1 OZ 999 NY (XAG=X) continues to move higher as markets are optimistic that coronavirus will be contained Silver Holds Above $15.00 As Markets Believe That Virus Containment Measures Are Working Silver continues its upside move after it breached the 20 EMA level several days ago. Equity markets remain optimistic which also helps precious metals in […]
Silver 1 OZ 999 NY (XAG=X) Markets Pressing Major Resistance Silver markets have rallied a bit during the trading session on Monday, reaching towards the $15 level. Keep in mind that silver is not only a precious metal, but it is also an industrial one. That being the case, it makes sense that as the silver […]
$XAU $GLD $XAG $SLV $PLAT $USD $JPY $MTA Gold prices spiked up Monday, extending a 3-session rally Monday gold futures for delivery on the COMEX exchange were up nearly 3% or +47.60 at 1693.30 just shy of the intra-day high at 1695.90. That was the highest mark in 2 wks, in a rally driven by […]
Silver 1 OZ 999 NY (XAG=X) Gains Ground Despite Stronger U.S. Dollar As Optimism Is Widespread Despite the continued strength of the U.S. dollar, silver is trying to get through the major resistance near the 20 EMA in the $14.50 – $14.70 area. The U.S. Dollar Index continues its upside move and is currently trying […]
$XAU $GLD $XAG $SLV $USD Welcome to Y 2020. As the COVID-19 coronavirus brings economies around the world to a standstill, gold is rivaling Treasuries and the Buck as the best-performing major asset so far this year. The precious Yellow metal proved its safe-haven status with a 6% rally as nearly $16-T was wiped off […]
Mexico’s Recent Mine Shutdown Will Limit Silver 1 OZ 999 NY (XAG=X) Supply Yesterday’s strength has turned into a test of a key resistance level near the 20 EMA at $14.60. At this point, the attempt to breach the resistance was unsuccessful, but silver may make an attempt to get through the key resistance level in the […]
Covid-19 hits Silver 1 OZ 999 NY (XAG=X) to a ten-year-plus low The coronavirus pandemic has hit silver to a ten-year-plus low, according to the Refinitiv GFMS annual Silver Market Review 2019, which includes provisional supply and demand estimates for 2020. After rising to a five-month high by late February, the silver price experienced a […]
Silver 1 OZ 999 NY (XAG=X) looking very much like a market that is ready to rollover Silver markets have been drifting a bit lower over the last couple of days, as we said above the $14.00 level. If we can break down below that level, then it’s likely that we go much lower, perhaps down […]
Silver 1 OZ 999 NY (XAG=X) showing signs of exhaustion Silver markets did very little during the trading session to dissuade the sellers as we have been struggling to find direction. The market has recently pull back from the $15.00 level and it looks very likely that we are going to continue to see more bearish […]
Silver 1 OZ 999 NY (XAG=X) Key Support Level Is Tested While U.S. Dollar Rebounds U.S. dollar is finally rebounding against the broad basket of currencies following days of downside, and this rebound is putting pressure on silver. The U.S. Dollar Index, which has recently been close to the 104 level, has almost reached 98 […]
$XAU $GLD $USD Volatile stock markets and the outbreak of the coronavirus helped drive holdings in gold-backed ETFs to record highs in Y 2020. The buying is a clear indication of the prominent role of gold ETFs in investors’ portfolios, especially during periods of uncertainty and panic. Gold-backed ETFs saw $4.9-B of inflows in February, […]
Silver 1 OZ 999 NY (XAG=X) Markets Show Hesitation Silver markets went back and forth during the trading session on Thursday, as we continue to bounce around just below the $15.00 level. At this point, the market is likely to see a lot of noise in this area, because it is such an important figure from […]
Silver 1 OZ 999 NY (XAG=X) will continue to see plenty of pressure Silver markets initially tried to rally during the trading session after gapping higher and then pulling back to fill that gap. Furthermore, the market reached towards the $15.00 level before selling off yet again. At this point, the market looks likely that it […]
$GC $XAU $GLD $USD Gold futures in New York soared for a 2nd session running Tuesday on continued reaction to the Fed’s extraordinary measures to help an economy ravished from the coronavirus pandemic and demand/supply issues. The Fed revealed Monday several programs including lending against student loans, credit card loans and US government backed-loans to […]
Silver 1 OZ 999 NY (XAG=X) Markets Shoot Straight Up In The Air As Federal Reserve Goes All In Silver markets rallied significantly during the trading session on Tuesday, breaking above the psychologically important $14 level. That being said, the market is likely to see some type of pullback in the short term. Given enough time, […]
$XAU $GLD, $BAR, $XAG $SLV Tuesday, Gold prices marked their largest daily percentage gainer in more than 10 yrs as the precious Yellow metal extended its rally on demand/supply issues and moves by the Fed to address the coronavirus crisis. The Fed announcement Monday “signals there is a new sheriff in town as the Fed […]
$DIA, $SPY $QQQ $RUTX $VXX Tuesday morning, President Trump spoke to several billionaire hedge fund and private equity managers about reopening the US economy that over the past 4 wks ground to a halt due to the coronavirus outbreak. President Trump is re-evaluating whether or not to call for people to return to work as […]