Daily Market Report
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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) -
Gold Shows Continued Stability In Volatile Market
As the volatility increases in the equity markets, the Gold price continues to trade between $1,241 and $1,249 per ounce . . . .(Read More) -
Silver Showing Excellent Support
Concerns over U.S.-China trade talks and Brexit are keeping pressure on the world’s equity markets . . . .(Read More) -
Gold Approaching Key $1,250 Per Ounce Resistance Level
A weaker U.S. Dollar index, a declining equity market, and lower interest rates equal higher Gold prices . . . .(Read More)
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