Daily Market Report

Category

  1. Fed Pressured To Not Raise Interest Rates On Wednesday

    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)
  2. 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)
  3. 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)
  4. Weaker U.S. Dollar Supports Gold Prices

    Weaker U.S. Dollar Supports Gold Prices

    A weaker U.S. Dollar has given support to the price of Gold today . . . .
    (Read More)
  5. 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)
  6. Silver Showing Excellent Support

    Silver Showing Excellent Support

    Concerns over U.S.-China trade talks and Brexit are keeping pressure on the world’s equity markets . . . .
    (Read More)
  7. Gold Approaching Key $1,250 Per Ounce Resistance Level

    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)
  8. Interest Rates Have Dropped Dramatically, Making Precious Metals Attractive To Buyers

    Interest Rates Have Dropped Dramatically, Making Precious Metals Attractive To Buyers

    As the equity markets are getting pummeled, Gold is doing what it is supposed to as a safe haven investment . . . .
    (Read More)
  9. Silver Actively Trading Above And Below $14.50 Support/Resistance Level

    Many of the financial markets are closed today because of former President Bush’s funeral, however Gold is trading oversees and has moved slightly lower . . . .
    (Read More)
  10. Gold Trying To Move Above $1,240

    Gold Trying To Move Above $1,240

    Interest rates are falling – 10-year Treasuries are at 2.93%, down from 3.11% two weeks ago . . . .
    (Read More)

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