Weekly Market Report

This Week’s Headlines: Gold John Paulson Holds On to his Major Gold Investment Silver Recommended Investment Commitment and Diversification GOLD Gold rallied above the key $1,300 per ounce level last Wednesday based on renewed violence between Ukrainian soldiers and Pro-Russian separatists and weak U.S. economic news from the April Producer Price Indicator. Then, on Thursday, weak unemployment numbers combined with...

This Week’s Headlines: Gold Chinese Consumer Inflation at 18 Month Low Silver Silver Institute April 2014 Report Recommended Investment Commitment and Diversification GOLD Gold rallied back above the key $1,300 per ounce support level on May 2nd and stayed above for the next two trading days, until Wednesday May 7th. On that day Russian President Putin stated he would move...

This Week’s Headlines: Gold N.Y. Federal Reserve holds 1,000 Oz of Gold for Italy that could be Repatriated Silver Recommended Investment Commitment and Diversification GOLD Last week Gold sold off Monday, Tuesday, Wednesday and Thursday, dropping to $1,283.40, down $17.40 per ounce. Then, on Friday, Gold opened lower, hitting a low of $1,272 per ounce. At that point a news...

This Week’s Headlines: Gold Silver Recommended Investment Commitment and Diversification GOLD Last week as the Ukrainian crisis heated up, the Gold price moved up quickly. Last Thursday, in early morning Asian trading, the price of Gold was under the bear’s control. They were able to push the Gold price to below the $1,275 per ounce support level, to a low...

This Week’s Headlines: Gold Ukrainian Crisis Heats Up but Gold Doesn’t Move Higher Silver Recommended Investment Commitment and Diversification GOLD Gold had a high/low trading range of $47 per ounce last week ($1,331.40 to $1,284.40). It closed the week’s trading on Thursday at $1,293.90 per ounce (Friday the market was closed for the Good Friday holiday). Gold dropped below the...

This Week’s Headlines: Gold Federal Reserve Minutes Drive Gold Higher India Gold Import Duty Could Be Reduced The April 2014 CoinStats is Now Available Silver Recommended Investment Commitment and Diversification GOLD Gold stayed above the important $1,300 per ounce level the last four trading days of last week. Gold closed last Friday at $1,319 per ounce, up $15.50 with active...

This Week’s Headlines: Gold Estimates of Chinese Gold demand Growing The April 2014 CoinStats is Now Available Silver Recommended Investment Commitment and Diversification GOLD Gold spent last week trading between $1,279 and $1,307 per ounce while looking for a direction. On Friday, some fresh Asian Gold buying appeared taking the price to above the key $1,300 resistance level. By the...

This Week’s Headlines: Gold 2013 Worldwide Central Bank Gold Demand Numismatic Update Silver Recommended Investment Commitment and Diversification GOLD Last week’s Gold trading was very disappointing. The price broke down below the key $1,300 per ounce support level, closing on Friday at $1,295 per ounce, down $42 for the week. I spotted an interesting trend; this is the 4th quarter...

This Week’s Headlines: Gold Dennis Gartman turns Bullish on Gold Palladium Soars on Russian-Export Worries Numismatic Update Silver Recommended Investment Commitment and Diversification GOLD Last week was definitely not enjoyable for Gold investors. Gold was down four of the five trading days, and dropped $43 per ounce (3.12%), closing the week at $1,336 per ounce. Gold is still up $14.40...

This Week’s Headlines: Gold What is driving the Gold price higher? Silver Recommended Investment Commitment and Diversification GOLD Last week was a very profitable week for Gold investors, since Gold moved higher and higher every day of the trading week. By Friday, it was trading at $1,379 per ounce, an increase of $40.80 (3.05%) for the week. On the CME...