Daily Market Report

  1. Gold Holds Amidst Dropping Major Equity Markets

    Gold Holds Amidst Dropping Major Equity Markets

    Today the U.S. Dollar is at a record high, while interest rates are hitting record lows. The Dollar’s increase isn’t because we have a great economy, but because most of the other . . . .
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  2. Gold Still Stuck In Tight Trading Range

    Gold Still Stuck In Tight Trading Range

    Gold continues to be stuck in a tight trading range between $1,275 and $1,280 per ounce as the markets are waiting for news on trade talks between the U.S. and China . . . .
    (Read More)
  3. Gold Price Finds Support Before Holiday Weekend

    Gold Price Finds Support Before Holiday Weekend

    The 10-year Treasury rate dropped to below 2.30% briefly this morning. Low interest rates and record high Central Bank Gold buying is providing support for the Gold price. As we go . . . .
    (Read More)
  4. Gold Considered Safest Haven In Face Of Trade Talk Concerns

    Gold Considered Safest Haven In Face Of Trade Talk Concerns

    No progress on U.S. – China trade talks, and the concerns around problems that will be caused by increased tariffs have driven equity markets lower today. Many traders feel that . . . .
    (Read More)
  5. Gold Trading In An Accumulation Phase

    Gold Trading In An Accumulation Phase

    It is getting ridiculous, Gold traded today in a $5 range between a high and low price of $1,273 to $1,278. Gold currently has no direction and is definitely in an accumulation . . . .
    (Read More)
  6. U.S. Dollar Record Highs Keep Gold Price Down

    U.S. Dollar Record Highs Keep Gold Price Down

    It’s somewhat frustrating to watch the Gold price trading. I'm seeing massive accumulation of physical Gold (most likely central banks), while record highs in value of the U.S. Dollar is . . . .
    (Read More)
  7. Higher Oil Prices Contribute To Inflation Concerns

    Higher Oil Prices Contribute To Inflation Concerns

    Gold is trading in a very narrow $4 High/Low range, from $1,275 to $1,279 per ounce. Middle East tensions are leading to higher oil prices, which adds to the already increased . . . .
    (Read More)
  8. U.S. Dollar Index Puts Precious Metals On The Defense

    U.S. Dollar Index Puts Precious Metals On The Defense

    As the U.S. Dollar Index approaches 98 (Recent high) all precious metals are on the defensive. Gold reached a low of $1,274 per . . . .
    (Read More)
  9. Higher Equity & Strong Dollar Negatively Affect Gold

    Higher Equity & Strong Dollar Negatively Affect Gold

    A higher equity market and stronger U.S. Dollar are negatively affecting the precious metal markets. Gold was . . . .
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  10. Healthy Gold Consolidation In Tight Range

    Healthy Gold Consolidation In Tight Range

    Gold traded in a narrow range this morning, between $1,294 and $1,301 per ounce. In the face of a . . . .
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Items 1761 to 1770 of 3833 total

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