Commentary for Friday, Oct 31, 2025 – Today gold closed down $19.10 at $3982.20, and silver closed down $0.44 at $47.99. The next FOMC move will define interest rate trajectory and the relative price of gold through the holidays. Not long ago traders were convinced that rates would be lowered in two quarter point stages before […]
Author Archives: Richard
Commentary for Friday, Oct 24, 2025 – Today gold closed down $7.10 at $4118.40, and silver closed down $0.10 at $48.38. This week presented a challenge to even veteran traders as gold moved between price extremes of $4100.00 and $4350.00. Investors joined the race trying to figure out whether this volatility and deteriorating technical picture means […]
Commentary for Friday, Oct 17, 2025 – Today gold closed down $90.30 at $4189.90, and silver closed down $3.16 at $49.86. Considering Thursday’s strong close today’s significant dip to the downside should suggest volatility is increasing. But traders bought this dip in the aftermarket, which was higher by almost $50.00. Suggesting underlying strength. And at this point […]
Commentary for Friday, Oct 10, 2025 – Today gold closed up $29.60 today at $3975.90, and silver closed up $0.09 at $46.94. In my opinion this week’s volatility in both gold and silver pricing may be the first sign of trouble in River City (The Music Man). I am not ready to jump out the window for […]
Commentary for Friday, Oct 3, 2025 – Today gold closed up $41.10 at $3880.80, and silver closed up $1.60 at $47.60. The price of gold continues to draw attention as the government shut down and safe haven demand push prices to record levels. And $4000.00 gold is on everyone’s mind, likely before the holiday season. Yesterday’s dip […]
Commentary for Friday, Sept 26, 2025 – Today gold closed up $38.40 today at $3775.30, and silver closed up $1.52 at $46.22. The price of gold closed on daily highs, helped by a weaker dollar, falling consumer sentiment and fresh safe haven demand. It’s tough to find many bears in the forest today as gold continues to […]
Commentary for Friday, Sept 19, 2025 – Today gold closed up $27.80 at $3671.50, and silver closed up $0.83 at $42.54. This week gave gold sentiment another boost as prices set a fresh record of $3707.00 on Wednesday, helped by a weaker dollar. The price of gold today has bounced higher again, but some bulls expect gold […]
Commentary for Friday, Sept 12, 2025 (www.golddealer.com) – Today gold closed up $12.50 at $3649.40, and silver closed up $0.69 at $42.39. This week has been great for bullish sentiment as gold and silver technically powered up. Geopolitical tension and political uncertainty here and in the Middle East are fueling safe haven demand. But for now, all eyes are […]
Commentary for Friday, Sept 5, 2025 – Today gold closed up $47.40 at $3613.20, and silver closed up $0.16 at $41.07. This week was a happy one for the bulls as gold rallied to all-time highs reacting to disappointing US jobs data as some experts believe the marketplace is now factoring in three quarter-point rate cuts […]
Commentary for Friday, Aug 29, 2025 – Today gold closed up $41.90 at $3473.70, and silver closed up $1.01 at $40.20. This week has been an optimistic one for the bulls for several reasons. The consensus that interest rates are moving lower makes sense. Gold’s technical picture is solid and creating fresh buzz with investors interested […]