gold market

At 11am PT today the Federal Reserve delivered a press release that gave a strong indication that they will be cutting interest rates later this year . . . .

The possibility of renewed trade talks with China helped the equity, U.S. Dollar and precious metal markets. Traders are still focused on tomorrow’s . . . .

With the U.S. Dollar Index moving over 97, Gold reached a low of $1,332 per ounce in Asia before finding major buyers. At that point the . . .

With the 10-Year Treasuries interest rate trading at a low of 2.085, Gold took its second attempt at breaking the $1,350 per ounce resistance level. Gold reached a high . . . .

The Gold rally continues as the price moves above $1,342 per ounce, preparing for the next attempt to break the important $1,350 level. More . . . .

Gold tested its $1,320 support level this morning, reaching a low of $1,319.40 per ounce, and held on excellent volume. As I have said before, it would be . . . .

China continued its renewed (public) gold-buying spree in May adding almost 16 tons of the precious metal to its reserve - the biggest monthly increase . . . . Tyler Durden

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Profit taking hit the Gold market this morning, with the price dropping to $1,324 per ounce. In the past three weeks Gold has rallied $70 per ounce, a dramatic and quick . . . .

Gold reached a high of $1,347 this morning, a new 2019 high for Gold, as the U.S. Dollar drops. Gold continues to show an increase in its demand worldwide from professional . . . .