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. […]
Category Archives: Daily Gold Newsletter
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 […]
Commentary for Friday, July 10, 2026 – Today gold closed down $26.50 at $4104.10, and silver closed down $0.57 at $59.81. As we approach the weekend it appears gold has developed several crosswinds which may suppress prices the rest of this year. Depending on whether you are pitching or batting as our English friends are fond […]
Commentary for Thursday, July 2, 2026 – Today gold closed up $44.40 at $4112.70, and silver closed up $0.55 at $60.64. While this week has been rather frightful and volatile, today’s close to the upside suggests that Independence Day may welcome increasing bullish sentiment. Now of course this is no guarantee going into a long holiday […]
Commentary for Friday, June 26, 2026 – Today gold closed up $48.20 at $4078.70, and silver closed up $0.87 at $59.22. It has been a tough week for the bulls but today’s bounce to the upside may be just what the doctor ordered considering $4000.00 gold is an important psychological figure, as is now in play. […]
Commentary for Thursday, June 18, 2026 – Today gold closed down $134.80 at $4224.10, and silver closed down $4.44 at $66.26. It has been a tough road for the gold bulls these past 3 months as it has struggled against a background of generally rising interest rates. So, for now the price of gold will have to take […]
Commentary for Friday, June 12, 2026 – Today gold closed up $124.70 at $4215.00, and silver closed up $3.97 at $67.86. The bulls are smiling this morning as gold skyrocketed higher, touching $4225.00 in the early morning and then testing support around $4180.00 as the more prudent considered the latest inflation numbers which appear to be […]
Commentary for Friday, June 5, 2026 – Today gold closed down $138.70 at $4337.10, and silver closed down $4.84 at $68.94. The bulls are handed another disappointing week as a strong jobs report suggests that the FOMC will be in no mood to lower interest rates anytime soon. Today’s read might seem a bit counterintuitive as the […]
Commentary for Friday, May 29, 2026 – Today gold closed up $61.20 at $4560.50, and silver closed down $0.03 at $75.62. The bulls are enjoying a pleasant surprise this morning as gold threatens recent highs of $4600.00 and Jonathan Da Silva (Kitco) makes a convincing case that gold may now be gathering fuel and is posed for […]
Commentary for Friday, May 22, 2026 – Today gold closed down $18.80 at $4521.00, and silver closed down $0.52 at $75.89. A reminder that we will be closed this coming Monday, May 25th for Memorial Day. While the price of gold continues to trend lower this morning, pressured by rising strength in the dollar and the […]