Commentary for March, 6, 2026 – Today gold closed up $80.80 at $5146.10, and silver closed up $2.13 at $83.82. Gold finished the week off a few hundred dollars which is surprising when you consider Israel’s claim it’s moving to the “next phase” of war with Iran (CNN). And European nations are being drawn into the conflict […]
Author Archives: Richard
Commentary for Feb, 27, 2026 – Today gold closed up $54.00 at $5230.50, and silver closed up $5.68 at $92.68. Gold finished the week with a small amount of fireworks as it pushed to session highs of $5250.00 before settling somewhat. Yet finishing the day solidly in the green. Suggesting that this market may be resting and […]
Commentary for Feb, 20, 2026 (www.golddealer.com) – Today gold closed up $83.40 at $5059.30, and silver closed up $4.71 at $82.28. I’m surprised that increased safe haven demand and a weaker dollar that gold has not regained its bullish spark. I’m really surprised that Trump’s threatening Iran with “bad things” if they do not give up nuclear ambitions did […]
Commentary for Feb, 13, 2026 – Today gold closed up $98.30 at $5022.00, and silver closed up $2.30 at $77.85. Considering this week’s volatility, investors will like how gold and silver finished the week. While some might call this a relief rally, I would not make that assumption. Gold is moving higher, testing overhead resistance around $5000.00 […]
Commentary for Feb, 6, 2026 – Today gold closed at $4951.20 up $89.80, and silver closed $76.73 up $0.20. I think traders have to like gold’s finish today for two reasons. First, gold was hammered earlier in the week, the result of uncertainty as to how long the Fed can maintain its current interest rate policy. Second, […]
Commentary for Jan, 30, 2026 – Today gold closed down $412.03 at $4900.42, and silver closed down $28.53 at $84.35. The few who were looking for a correction in gold and silver prices got it in spades this morning as the metals moved into a freefall so intense that investors are scratching their heads in amazement and […]
Commentary for Jan, 23, 2026 – Today gold closed up $67.40 at $4976.20, and silver closed up $4.95 at $100.93. It is my view that the current bullish storm in gold and silver is gathering energy even though some insiders believe profit taking in the metals might turn out to be a wet blanket for investors. Still, […]
Commentary for Jan, 16, 2026 – Today gold closed down $27.90 at $4588.40, and silver closed down $3.79 at $88.09. It is true that gold made fresh record highs this week, but there is a great deal of uncertainty in the recent pricing model because Chief Powell’s next move is linked to how aggressive the FOMC becomes […]
Commentary for Jan, 9, 2026 – Today gold closed up $40.60 at $4490.30, and silver closed up $4.16 at $78.88. It’s getting easier to make the case that the price of gold is no longer consolidating and is gaining fresh bullish traction as the US labor market slows. The idea here being that the Fed will be […]
Commentary for Wednesday, Dec 31, 2025 – Today gold closed down $44.50 at $4325.60, and silver closed down $7.24 at $70.13. I don’t think anyone could have guessed the price of gold would double from a year ago and the price of silver would more than triple. The price of platinum moved higher by 120% and the […]