Commentary for Friday, Aug 15, 2025 – Today gold closed up $0.80 at $3336.00, and silver closed down $0.09 at $37.89. Gold finished almost unchanged today as traders and investors worry about new tariffs and what the Fed has in mind for interest rate policy as next week’s important FOMC meeting approaches. Keeping in mind that the […]
Category Archives: Daily Gold Newsletter
Commentary for Friday, Aug 8, 2025 – Today gold closed up $38.80 at $3439.10, and silver closed up $0.26 at $38.42. Gold finished the week with a bang as traders broke through significant overhead resistance this morning at $3400.00. A surprising pop to the upside helped by an overall positive technical picture, and the expected FOMC lowering […]
Commentary for Friday, Aug 1, 2025 – Today gold closed up $54.50 at $3347.70, and silver closed up $0.24 at $36.79. Gold finished the week today with a very surprising rebound sparked by a weak jobs report which suggests that the chance of a September interest rate cut is rising sharply according to AG Thorson (FXEmpire). With […]
Commentary for Friday, July 25, 2025 – Today gold closed down $37.00 at $3334.00, and silver closed down $0.85 at $38.17. Gold finished the week on a rather sour note as prices moved from $3360.00 through support around $3325.00 as China’s jewelry demand weakens and the dollar gets stronger. The trend this week was mildly lower but […]
Commentary for Friday, July 18, 2025 – Today gold closed up $12.90 at $3353.00, and silver closed up $0.16 at $38.22. Gold finished the week on a positive note, and I believe insiders remain bullish in the longer term, but in the short term there is a developing question as to whether this strong bull market is […]
Commentary for Friday, July 11, 2025 – Today gold closed up $38.60 at $3356.00, and silver closed up $1.64 at $38.68. Gold and silver finished this week with a bang as gold moved to $3356.00 in the early trade and silver notched a 13 year high. This latest surge will only confirm fears that Trump’s radical […]
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 […]
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 […]