Commentary for Friday, May 15, 2026 – Today gold closed down $122.30 at $4555.80, and silver closed down $7.75 at $77.16. The price of gold and silver today fell out of bed as gold broke below $4600.00 and silver dropped almost 10% into the $76.00 range as a very strong dollar not surprisingly overpowered safe haven demand. […]
Category Archives: Daily Gold Newsletter
Commentary for Friday, June 8, 2026 – Today gold closed up $20.60 at $4720.40, and silver closed up $0.70 at $80.40. While the price of gold pushed to higher ground ($4745.00) in the early trade, investors sold this rally and gold finished only modestly higher on the day. Traders also enjoyed weekly gains in the price of […]
Commentary for Friday, May 1, 2026 – Today gold closed up $15.20 at $4629.90, and silver closed up $2.42 at $75.95. The price of gold managed to push back into the green in early trading today but has trended lower to some degree this week. As volatility increased and the FOMC as expected left interest rates unchanged […]
Commentary for April 24, 2026 – Today gold closed up $17.20 at $4722.30, and silver closed up $0.91 at $76.38. Gold moved to session highs today at $4730.00 but only finished the day mildly in the green as prices continue to struggle at these lofty levels reacting to rising interest rates. Traders have also abandoned the […]
Commentary for April 17, 2026 – Today gold closed up $72.20 at $4857.60, and silver closed up $3.13 at $81.74. Gold moved higher today as Middle East tension moved lower, at least in the short term, the dollar turned soft and technicians suspect a potential breakout is in the making. How long this latest peace attempt will […]
Commentary for April 10, 2026 – Today gold closed down $30.30 at $4761.90, and silver closed up $0.04 at $76.32. Let’s consider another confusing week as traders sort out confusing crosscurrents which could send the price of gold and silver higher or lower without warning. Of course, this initial direction is almost wholly dependent on an extended […]
Commentary for April 2, 2026 – Today gold closed down $131.70 at $4651.60, and silver closed down $3.13 at $72.74. The bullish hope of all-time highs in gold moved to the back burner this morning as our shiny friend dipped seriously into the red as the dollar and oil prices rose. And Trump said the US […]
Commentary for March, 27, 2026 – Today gold closed up $116.50 at $4492.00, and silver closed up $1.88 at $69.55. The near term future of gold and silver prices is still a bit fuzzy as traders buy time to see what the Fed does with short term interest rates. Most believe they will stand pat at present […]
Commentary for March, 20, 2026 – Today gold closed down $30.30 at $4570.40, and silver closed down $1.54 at $69.36. In a blink of the eye this market goes from a bullish “how high can we go” to a bearish “how low can we go” over what amounts to political comments by the outgoing FOMC Chief relative […]
Commentary for March, 13, 2026 – Today gold closed down $63.30 at $5052.50, and silver closed down $3.76 at $80.91. The price of gold seems to be trending lower this week, which is not hard to believe as interest rates remain steady. And even though gold may test the psychologically important $5000.00 level, I believe investors […]