Daily Market Report
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Hedge Funds Moving In Gold ETF’s & Equities
The rally continues as hedge funds are moving in Gold ETF’s and equities. Gold reached a high of $1,280 . , , ,(Read More) -
Strong Overnight Buying Drives Gold Above Resistance Level
Strong overnight buying for Gold in Asian markets drove the price of Gold briefly above the major resistance level . . . .(Read More) -
Increasing Demand For Popular Gold Bullion Coins
Gold is taking a breather after its $20 increase yesterday, particularly since the U.S. Dollar Index has rallied back . . . .(Read More) -
Gold Breaks $1,250 Resistance Level
It appears the Federal Reserve statement of slowing down interest rate increases next year was bullish for Gold in Asian and European markets . . . .(Read More) -
Federal Reserve Raised The Discount Rate By 1/4 Percent
Today, the Federal Reserve decided to raise the discount rate by ¼ of a percent . . . .(Read More) -
Gold Looking To Break Above $1,250 Resistance Level
Gold is trading in a $6 High/Low area between $1,244 and $1,250 per ounce . . . .(Read More) -
Fed Pressured To Not Raise Interest Rates On Wednesday
Demand for Gold driven by a weaker U.S. Dollar and pressure being put on the Fed to not raise interest rates on Wednesday . . . .(Read More) -
Light Selling In The Precious Metals Markets
As the equity markets get hammered again, I’m seeing some light selling in the precious metals markets . . . .(Read More) -
Gold Trades In Narrow Range While Silver Shows Price Support
Silver is surprisingly showing more price support than Gold today. Silver again reached a high of $14.80 . . . .(Read More) -
Weaker U.S. Dollar Supports Gold Prices
A weaker U.S. Dollar has given support to the price of Gold today . . . .(Read More)
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