Commentary for Thursday, July 3, 2025 – Today gold closed down $16.40 at $3331.60, and silver closed up $0.35 at $36.78. A small reminder that we and the US markets will be closed Friday for Independence Day. Unfortunately, the price of gold moved lower this morning as strong jobs data provided more interest rate options for […]
Category Archives: Daily Gold Newsletter
Commentary for Friday, June 27, 2025 – Today gold closed down $59.80 at $3273.70, and silver closed down $0.55 at $36.04. Unfortunately, the price of gold fell out of bed today, moving steadily lower – finding support around $3255.00. So, the bulls are facing a tough time in River City as risk aversion decreases and safe haven […]
Commentary for Friday, June 20, 2025 (www.golddealer.com) – Today gold closed down $21.70 at $3368.10, and silver closed down $0.89 at $35.98. While the price of gold dipped on the open it quickly reversed direction and moved to session highs of $3370.00 as Middle East tensions rise and the world braces for heated rhetoric as Israel […]
Commentary for Friday, June 13, 2025 – Today gold closed up $50.30 at $3431.20, and silver closed up $0.07 at $36.28. While the price of gold was nearly unchanged Monday through Wednesday of this week things began to heat up Thursday and Friday. The price of gold moved to session highs as safe haven demand was […]
Commentary for Friday, June 6, 2025 – Today gold closed down $28.00 at $3322.70, and silver closed up $0.34 at $36.03. Gold closed on the weak side today but to tell you the truth trying to figure out a general direction in the short term will create a headache. The public’s notion of whether the price […]
Commentary for Friday, May 30, 2025 – Today gold closed down $28.20 at $3288.90, and silver closed down $0.39 at $32.89. Today gold finished the week on a rather down note as investors and paper speculators remain confused over changes in Trump’s tariff policy. That’s the bad news; the good news is that the price of gold […]
Commentary for Friday, May 23, 2025 – Today gold closed up $71.30 at $3363.60 , and silver closed up $0.39 at $33.44 . Today gold was off to the races as Trump threatened allies, including the European Union and Apple with new tariffs if they don’t play ball, the dollar weakened, safe haven demand reappeared, traders […]
Commentary for Friday, May 16, 2025 – Today gold closed down $38.70 today at $3182.00, and silver closed down $0.32 at $32.16. Gold got off to a bad start on Monday of this week by closing down $115.40. And it was kept off balance by losing $58.90 on Wednesday and another $38.70 on Friday. Are we looking […]
Commentary for Friday, May 9, 2025 – Today gold closed up $38.80 at $3335.40, and silver closed up $0.30 at $32.68. Last week’s volatility in the gold market seems to have carried forward into this week, even though the latest tariff news from President Trump was generally upbeat and should have settled this market down into this […]
Commentary for Friday, May 2, 2025 – Today gold closed up $21.90 at $3231.90, and silver closed down $0.20 at $31.99. In a word, yes, they are worried but considering the drubbing gold took yesterday, today’s bounce to the upside will steady bullish resolve, at least on the shorter term. Still, traders are dealing with enough crosswinds […]