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, […]
Author Archives: Richard
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 […]
Commentary for Wednesday, Dec 24, 2025 (www.golddealer.com) – Today gold closed down $2.20 at $4480.60, and silver closed up $0.54 at $71.03. Gold trended lower this Christmas Eve testing support at $4450.00 but traders bought this weakness, which is very encouraging and the cash market recovered nicely. My bet is that gold will make new highs, if not before […]
Commentary for Friday, Dec 19, 2025 – Today gold closed up $21.90 at $4361.40, and silver closed up $2.26 at $66.85. Investors are still hoping for a Christmas surprise in gold but in the meantime this week’s pricing has been very quiet, gold closing today mildly in the green from last Friday. I would not read too […]
Commentary for Friday, Dec 12, 2025 – Today gold closed up $14.60 at $4300.10, and silver closed down $2.57 at $61.36. While the momentum players will be disappointed with how gold prices finished today, it may not be an overstatement to call this a watershed week for both gold and silver. Now don’t get me wrong, I […]
Commentary for Friday, Dec 5, 2025 – Today gold closed up $1.10 at $4212.90, and silver closed up $1.57 at $58.42. Today the price of gold pushed to daily highs ($4260.00) in early trading, but this bullish rally was then heavily sold and gold closed the day almost unchanged. This is the kind of tough overhead resistance […]
Commentary for Friday, Nov 26, 2025 (www.golddealer.com) – Today gold closed up $26.00 at $4165.20, and silver closed up $1.99 at $52.92. It looks like investors are growing even more optimistic about the physical gold and silver market going into this short Thanksgiving week. The reasoning being that they are expecting interest rates to trend lower through 2026. It […]
Commentary for Friday, Nov 21, 2025 (www.golddealer.com) – Today gold closed up $20.20 at $4076.70, and silver closed down $0.38 at $49.87. It looks like the price of gold this week is stuck because the Fed will not reduce interest rates a second time before the end of this year. They are worried about inflation. These higher interest rates […]