gold market
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Gold Price Finds Support Before Holiday Weekend
The 10-year Treasury rate dropped to below 2.30% briefly this morning. Low interest rates and record high Central Bank Gold buying is providing support for the Gold price. As we go . . . .(Read More) -
Gold Trading In An Accumulation Phase
It is getting ridiculous, Gold traded today in a $5 range between a high and low price of $1,273 to $1,278. Gold currently has no direction and is definitely in an accumulation . . . .(Read More) -
U.S. Dollar Record Highs Keep Gold Price Down
It’s somewhat frustrating to watch the Gold price trading. I'm seeing massive accumulation of physical Gold (most likely central banks), while record highs in value of the U.S. Dollar is . . . .(Read More) -
Gold Holds In Tight Trading Range, While Silver Sets New 2019 Lows
Since I have been gone on vacation, the Gold market has stayed between the $1,272 to $1,300 per ounce price range. Gold has been unable to break above the key $1,300 level, while having . . . .(Read More) -
Higher Oil Prices Contribute To Inflation Concerns
Gold is trading in a very narrow $4 High/Low range, from $1,275 to $1,279 per ounce. Middle East tensions are leading to higher oil prices, which adds to the already increased . . . .(Read More) -
U.S. Dollar Index Puts Precious Metals On The Defense
As the U.S. Dollar Index approaches 98 (Recent high) all precious metals are on the defensive. Gold reached a low of $1,274 per . . . .(Read More) -
Higher Equity & Strong Dollar Negatively Affect Gold
A higher equity market and stronger U.S. Dollar are negatively affecting the precious metal markets. Gold was . . . .(Read More) -
Healthy Gold Consolidation In Tight Range
Gold traded in a narrow range this morning, between $1,294 and $1,301 per ounce. In the face of a . . . .(Read More) -
Equity Markets Head Lower On Threat Of Trade War
Based on the trade war threat the equity market headed lower from opening and the Gold market . . . .(Read More) -
Gold Up While Stock Markets Are Down
Golds up slightly today while all 11 sectors of the Stock Market are down. It’s a relatively good . . . .(Read More)