Commentary for Friday, September 18, 2026 (www.golddealer.com) – Today gold closed up $25.70 at $4385.90, and silver closed up $1.09 at $66.56. In what I consider a surprising move traders are testing overhead resistance this morning around $4400.00. This latest rally was sold by the paper trade and gold then tested support around $4345.00 but finished nicely in […]
Category Archives: Daily Gold Newsletter
Commentary for Friday, September 11th, 2026 – Today gold closed up $1.70 at $4366.20, and silver closed up $0.27 at $64.55. It is fair to say that the bulls are getting some small price traction going into the weekend. But keep in mind that with higher interest rates cemented in place by a still hawkish FOMC it […]
Commentary for Friday, September 4th, 2026 – Today gold closed down $61.90 at $4429.80, and silver closed down $0.92 at $66.05. It is always difficult to know when a break to the upside or downside is in the making for gold. If it were easy, the break would not be surprising. And it might be too soon to […]
Commentary for Friday, Aug 28, 2026 – Today gold closed down $151.10 at $4458.60, and silver closed down $2.94 at $66.48. The price of gold fell out of bed this morning, testing support around $4526.00 as traders brace themselves over Warsh’s bearish comments that inflation is a bigger concern than the slowing labor market. At the […]
Commentary for Friday, Aug 21, 2026 – Today gold closed up $107.80 at $4624.10, and silver closed up $1.44 at $69.47. The price of gold technically broke to the upside today, reacting to several factors which include a dollar which began to move lower this past Tuesday. And more importantly the still developing Middle East situation which […]
Commentary for Friday, Aug 14, 2026 (www.golddealer.com) – Today gold closed up $16.80 at $4380.40, and silver closed up $0.12 at $64.99. The price of gold only moved modestly into the green going into the weekend. Which may be a disappointment to bullish sentiment given rising tensions in the Middle East, a weakening dollar, and the United States claiming […]
Commentary for Friday, Aug 7, 2026 – Today gold closed up $98.70 at $4340.70, and silver closed up $1.89 at $63.33. The price of gold rallied this morning, ($4368.00), the best week since Jan as the expectation of higher interest rates faded. The reason being that experts looked for a gain of 85000 jobs in US […]
Commentary for Friday, July 31, 2026 – Today gold closed down $51.00 at $4049.10, and silver closed down $1.23 at $57.59. The price of gold moved lower going into the weekend as traders believe a change in the Middle East war might be in the making. I don’t see this as some sort of regime change which […]
Commentary for Friday, July 24, 2026 – Today gold closed up $21.00 at $4067.60, and silver closed up $0.86 at $58.66. While some insiders believe the price of gold is stuck in neutral, I am more optimistic that what traders are now considering is a basing price model for gold which is hindered by a hawkish FOMC. […]
Commentary for Friday, July 17, 2026 – Today gold closed up $27.10 at $4012.70, and silver closed up $0.14 at $56.04. I think bullish sentiment is not ready to celebrate this week, but this picture is not all that bad as gold closed north of $4000.00. Now you might think this finish is no big deal considering […]