Author Archives: Richard

Commentary for Friday, June 13, 2025 – Today gold closed up $50.30 at $3431.20, and silver closed up $0.07 at $36.28. While the price of gold was nearly unchanged Monday through Wednesday of this week things began to heat up Thursday and Friday. The price of gold moved to session highs as safe haven demand was […]

Commentary for Friday, June 6, 2025  – Today gold closed down $28.00 at $3322.70, and silver closed up $0.34 at $36.03. Gold closed on the weak side today but to tell you the truth trying to figure out a general direction in the short term will create a headache. The public’s notion of whether the price […]

Commentary for Friday, May 30, 2025 – Today gold closed down $28.20 at $3288.90, and silver closed down $0.39 at $32.89. Today gold finished the week on a rather down note as investors and paper speculators remain confused over changes in Trump’s tariff policy. That’s the bad news; the good news is that the price of gold […]

Commentary for Friday, May 23, 2025 – Today gold closed up $71.30 at $3363.60 , and silver closed up $0.39 at $33.44 . Today gold was off to the races as Trump threatened allies, including the European Union and Apple with new tariffs if they don’t play ball, the dollar weakened, safe haven demand reappeared, traders […]

Commentary for Friday, May 16, 2025  – Today gold closed down $38.70 today at $3182.00, and silver closed down $0.32 at $32.16. Gold got off to a bad start on Monday of this week by closing down $115.40. And it was kept off balance by losing $58.90 on Wednesday and another $38.70 on Friday. Are we looking […]

Commentary for Friday, May 9, 2025  – Today gold closed up $38.80 at $3335.40, and silver closed up $0.30 at $32.68. Last week’s volatility in the gold market seems to have carried forward into this week, even though the latest tariff news from President Trump was generally upbeat and should have settled this market down into this […]

Commentary for Friday, May 2, 2025 – Today gold closed up $21.90 at $3231.90, and silver closed down $0.20 at $31.99. In a word, yes, they are worried but considering the drubbing gold took yesterday, today’s bounce to the upside will steady bullish resolve, at least on the shorter term. Still, traders are dealing with enough crosswinds […]

Commentary for Friday, April 25, 2025 – Today gold closed down $49.60 at $3282.40, and silver closed down $0.49 at $32.99. The price of gold drifted lower on the open, finding some support around $3270.00 and finishing the day in the red. It appears traders are still cautious, fearing further downside in the shorter term. The […]

Commentary for Thursday, April 17, 2025 – Today gold closed down $17.90 at $3308.70, and silver closed down $0.51 at $32.42. The price of gold this morning is cooling a bit after setting new record highs this week. Traders and investors continue to ponder changing tariff winds and generally lower interest rates. But with the price of […]