Don’t Get Too Excited Yet
The gold market has had a ride this morning as the latest data for the Consumer Price Index was released. According to
read moreMarkets Quiet As Inflation Data Awaited
The gold market is a bit quiet Tuesday as investors await some key inflation data due out this week. On Wednesday, markets
read moreBulls Start The Week Off On Right Foot
The gold market is off to a strong start as the new trading week gets underway. Spot gold is higher by over
read moreA Strong Week With A Weak Finish
The gold market is ending the trading week on a sour note Friday as prices have declined substantially. Spot gold is down
read moreBulls Gearing Up For A Big Test
The gld market is sharply higher Thursday as risk aversion and chart based buying are featured. The four-week high hit by gold
read moreImproving Risk Appetite Weighing On Gold Today
The gold market is taking a breather today as the bulls may have exhausted their near-term energy in recent days. Spot prices
read moreSafe Haven Demand Fueling Gains
The gold market is higher again today as bullish momentum continues to build. Prices hit a nearly four-week high today as increased
read moreBulls Pushing Now
The laser several days have been interesting for the gold market. It started on Wednesday of last week as the Federal Reserve
read moreBulls Get Some Breathing Room
The gold bulls are building on the rally of the last few days as the trading week comes to a close. Since
read moreGold Accelerating Higher
The gold market is higher again today, having pushed slightly above the $1750 level. Gloomy economic data is the primary factor in
read moreGold Higher As Fed Hikes 75 Points
The Fed raised interest rates on Wednesday for the fourth time in 2022. The Fed lifted rates by .75% while also admitting
read moreIMF Getting Spooked
Ahead of this week’s FOMC meeting and the likely hike in interest rates that will follow it, the IMF is now warning
read moreFed in Spotlight
The gold market is picking up where it left off last week. Spot gold is down over $8 per ounce in early
read moreA Big Test Ahead
The question of how gold may fare in the weeks ahead has become increasingly about its ability to tolerate another 75-point rate
read moreThe Bulls Need A Dollar Break
Could poor economic data give the gold market a boost? That seems to be the case today as gold rises following a
read moreGold Could Be Making Large Move Soon
There has not been much to report on the gold market in recent weeks. The bears did cause prices to slide, however,
read moreFresh Inputs Awaited
The gold market is steady in early afternoon trade Tuesday as the market appears to be awaiting some fresh inputs. The
read moreBears Strong But Bulls Holding
The gold bears have gained some momentum this week. The bulls have held the bears from doing even more damage, however, in
read moreBears Now Pressing
The gold bears are now pressing their positions, taking prices below the $1700 level in earlier action Thursday. Although the yellow metal
read moreKnee-Jerk Reversal
The gold market was under some pressure earlier in the session. Following the June CPI print, gold moved rapidly lower down to
read moreStronger Dollar Has Gold In Headlock
The gold market is slightly lower in early action Tuesday. The yellow metal hit an 8.5-month low overnight and is seemingly stuck
read moreAnother Day Lower
The gold market is lower again Monday as numerous issues weigh on the metal. A stronger dollar was a large factor in
read moreA Modest Correction
The gold market is higher in early action Thursday as the bulls see a slight reprieve from recent selling pressure. Spot gold
read moreWhere Are The Bulls?
The gold bulls appear to be taking a bit of a break. In the last two sessions, prices have declined from well
read moreThe Week Starts With A Slide
The gold market kicked off the holiday-shortened trading week on the wrong foot Tuesday as spot prices slid significantly. The spot gold
read more$1800 Under Assault
After spending several weeks moving sideways, the gold bears appear to be trying to take control of the market. Prices have been
read moreBears Gaining Upper Hand
The gold market is declining on Thursday as the bears seek to build some momentum. Spot gold prices are down over $7
read moreFirmer Dollar A Gold Negative
The gold market is drifting a bit lower in early afternoon action on Wednesday as the dollar moves higher. The midweek dollar
read moreGold Quiet Again As Fresh Inputs Awaited
The gold market is just below the unchanged line in mid-afternoon trade Tuesday. The market has been trading mostly sideways for the
read moreGold weaker as investor risk appetite Improves
The gold market kicked off the trading week on a sour note as risk appetite improved and worries over a recession
read moreGold Weaker As Crude Oil Slumps Commodities
The gold market is weaker in mid-morning trade Thursday as commodity markets in general see a significant slump. Commodities are almost certainly
read moreGold Firmer But Not By Much
The gold market is a bit stronger today. Prices have still not retaken the $1850 level, however, and therefore could remain vulnerable
read moreCould The Fed Reverse Course?
There has been much discussion in recent weeks about the Fed and its plans for higher interest rates. The Fed has already
read moreNow May Be The Time For Gold
The gold market has seen some significant ups and downs this past year. From riding high on easy monetary policy one minute
read moreGold Higher After Huge Hike
Following Wednesday’s surprise 75-basis point rate hike from the Fed, the gold market is higher as stocks are getting hammered. Although the
read moreRising Dollar And Yields Weighing On Gold
The gold market is a bit softer today as the bears look to follow through on recent selling. A stronger dollar
read moreMajor Reversal Sends Gold To Four-Week High
The gold market erased solid early session losses today to reverse course and shoot higher. Spot gold prices are now sitting around
read moreGold Awaiting Next Week’s Fed Meeting
The gold market is still not far from the $1850 level and could remain very subdued until next week. The FOMC meeting
read moreModest Gains For Gold
The gold market was quiet today, very quiet in fact. Spot prices are now at $1851.70 in late afternoon trade. The bulls
read moreBulls Step In To Buy The Dip
The gold market is higher Tuesday as the bulls step in and buy the dip. The day’s gains are keeping the recent
read more