Daily Market Report

  1. Gold Holds Above $1,500 Despite Positive Employment Report

    Today we are seeing very little volatility with gold as it holds above the $1500 range. The market supporting this level . . . .
    (Read More)
  2. Gold Rallies On Indications Of A Contracting Economy

    Gold Rallies On Indications Of A Contracting Economy

    A weak Chicago October Purchasing Management Index (PMI) dropped to 43.2, from 47.1 in September. . . .
    (Read More)
  3. Gold is Trading a Few Dollars Higher

    Gold is Trading a Few Dollars Higher

    Gold is trading a few dollars higher awaiting the Federal Reserve news on interest rates later today . . . .
    (Read More)
  4. Markets Awaiting News from Federal Reserve

    Markets Awaiting News from Federal Reserve

    Gold traded today between $1,484 and 1,491 per ounce, a thin $7 high/low range awaiting news tomorrow from the Federal Reserve . . . .
    (Read More)
  5. Precious Metals Lose Focus In Strong Equity Market

    Precious Metals Lose Focus In Strong Equity Market

    A strong equity market, with the Dow Jones reaching a new high is taking the focus away from commodities like oil and . . . .
    (Read More)
  6. Silver Breaks Above Key $18 Level

    Silver Breaks Above Key $18 Level

    This morning we saw a disappointing September U.S. durable goods report, showing a decline of 1.1%. This marked the first . . . .
    (Read More)
  7. Lower Interest Rates Speculation Helps Gold Rally

    Speculation that the Federal Reserve will lower interest rates next week helped Gold rally above the key $1,500 . . . .
    (Read More)
  8. Gold Price Rallies On Brexit Turmoil

    Gold Price Rallies On Brexit Turmoil

    This morning the British Parliament stopped the Prime Minster from exiting the European Union (Brexit) . . . .
    (Read More)
  9. Gold Continues To Consolidate Gains

    Gold Continues To Consolidate Gains

    Gold traded today in a narrow $8 high/low trading range, from $1,488 to $1,480 per ounce. Gold continues . . . .
    (Read More)
  10. Lowest U.S. Dollar Index Level In A Month Drives Gold Price

    Lowest U.S. Dollar Index Level In A Month Drives Gold Price

    The U.S. Dollar Index broke below the 97 level (lowest value in a month). A weaker Dollar is very bullish for the . . . .
    (Read More)

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