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 […]

Commentary for March, 6, 2026 – Today gold closed up $80.80 at $5146.10, and silver closed up $2.13 at $83.82. Gold finished the week off a few hundred dollars which is surprising when you consider Israel’s claim it’s moving to the “next phase” of war with Iran (CNN). And European nations are being drawn into the conflict […]

Commentary for Feb, 27, 2026 – Today gold closed up $54.00 at $5230.50, and silver closed up $5.68 at $92.68. Gold finished the week with a small amount of fireworks as it pushed to session highs of $5250.00 before settling somewhat. Yet finishing the day solidly in the green. Suggesting that this market may be resting and […]

Commentary for Feb, 20, 2026 (www.golddealer.com) – Today gold closed up $83.40 at $5059.30, and silver closed up $4.71 at $82.28. I’m surprised that increased safe haven demand and a weaker dollar that gold has not regained its bullish spark. I’m really surprised that Trump’s threatening Iran with “bad things” if they do not give up nuclear ambitions did […]

Commentary for Feb, 13, 2026 – Today gold closed up $98.30 at $5022.00, and silver closed up $2.30 at $77.85. Considering this week’s volatility, investors will like how gold and silver finished the week. While some might call this a relief rally, I would not make that assumption. Gold is moving higher, testing overhead resistance around $5000.00 […]

Commentary for Feb, 6, 2026 – Today gold closed at $4951.20 up $89.80, and silver closed $76.73 up $0.20. I think traders have to like gold’s finish today for two reasons. First, gold was hammered earlier in the week, the result of uncertainty as to how long the Fed can maintain its current interest rate policy. Second, […]

Commentary for Jan, 30, 2026 – Today gold closed down $412.03 at $4900.42, and silver closed down $28.53 at $84.35. The few who were looking for a correction in gold and silver prices got it in spades this morning as the metals moved into a freefall so intense that investors are scratching their heads in amazement and […]

Commentary for Jan, 23, 2026 – Today gold closed up $67.40 at $4976.20, and silver closed up $4.95 at $100.93. It is my view that the current bullish storm in gold and silver is gathering energy even though some insiders believe profit taking in the metals might turn out to be a wet blanket for investors. Still, […]

Commentary for Jan, 16, 2026 – Today gold closed down $27.90 at $4588.40, and silver closed down $3.79 at $88.09. It is true that gold made fresh record highs this week, but there is a great deal of uncertainty in the recent pricing model because Chief Powell’s next move is linked to how aggressive the FOMC becomes […]

Commentary for Jan, 9, 2026 – Today gold closed up $40.60 at $4490.30, and silver closed up $4.16 at $78.88. It’s getting easier to make the case that the price of gold is no longer consolidating and is gaining fresh bullish traction as the US labor market slows. The idea here being that the Fed will be […]

Commentary for Wednesday, Dec 31, 2025 – Today gold closed down $44.50 at $4325.60, and silver closed down $7.24 at $70.13. I don’t think anyone could have guessed the price of gold would double from a year ago and the price of silver would more than triple. The price of platinum moved higher by 120% and the […]

Commentary for Wednesday, Dec 24, 2025 (www.golddealer.com) – Today gold closed down $2.20 at $4480.60, and silver closed up $0.54 at $71.03. Gold trended lower this Christmas Eve testing support at $4450.00 but traders bought this weakness, which is very encouraging and the cash market recovered nicely. My bet is that gold will make new highs, if not before […]

Commentary for Friday, Dec 19, 2025 – Today gold closed up $21.90 at $4361.40, and silver closed up $2.26 at $66.85. Investors are still hoping for a Christmas surprise in gold but in the meantime this week’s pricing has been very quiet, gold closing today mildly in the green from last Friday. I would not read too […]

Commentary for Friday, Dec 12, 2025  – Today gold closed up $14.60 at $4300.10, and silver closed down $2.57 at $61.36. While the momentum players will be disappointed with how gold prices finished today, it may not be an overstatement to call this a watershed week for both gold and silver. Now don’t get me wrong, I […]

Commentary for Friday, Dec 5, 2025 – Today gold closed up $1.10 at $4212.90, and silver closed up $1.57 at $58.42. Today the price of gold pushed to daily highs ($4260.00) in early trading, but this bullish rally was then heavily sold and gold closed the day almost unchanged. This is the kind of tough overhead resistance […]

Commentary for Friday, Nov 26, 2025 (www.golddealer.com) – Today gold closed up $26.00 at $4165.20, and silver closed up $1.99 at $52.92. It looks like investors are growing even more optimistic about the physical gold and silver market going into this short Thanksgiving week. The reasoning being that they are expecting interest rates to trend lower through 2026. It […]

Commentary for Friday, Nov 21, 2025 (www.golddealer.com) – Today gold closed up $20.20 at $4076.70, and silver closed down $0.38 at $49.87. It looks like the price of gold this week is stuck because the Fed will not reduce interest rates a second time before the end of this year. They are worried about inflation. These higher interest rates […]

Commentary for Friday, Nov 14, 2025 – Today gold closed down $99.30 at $4087.60, and silver closed down $2.48 at $50.59 . This week investors must deal with several confusing crosscurrents. The first and probably the most complicated is the fact our long and cumbersome government shutdown created record highs in gold, but that bullish factor is […]

Commentary for Friday, Nov 7, 2025 (www.golddealer.com) – Today gold closed up $19.50 at $3999.40, and silver closed up $0.23 at $48.02. There are many traders who generally believe that the price of gold peaked in 2025, and further the rise to these extreme levels has placed our shiny friend in an overbought position. In other words, a cooling […]

Commentary for Friday, Oct 31, 2025 – Today gold closed down $19.10 at $3982.20, and silver closed down $0.44 at $47.99. The next FOMC move will define interest rate trajectory and the relative price of gold through the holidays. Not long ago traders were convinced that rates would be lowered in two quarter point stages before […]

Commentary for Friday, Oct 24, 2025  – Today gold closed down $7.10 at $4118.40, and silver closed down $0.10 at $48.38. This week presented a challenge to even veteran traders as gold moved between price extremes of $4100.00 and $4350.00. Investors joined the race trying to figure out whether this volatility and deteriorating technical picture means […]

Commentary for Friday, Oct 17, 2025 – Today gold closed down $90.30 at $4189.90, and silver closed down $3.16 at $49.86. Considering Thursday’s strong close today’s significant dip to the downside should suggest volatility is increasing. But traders bought this dip in the aftermarket, which was higher by almost $50.00. Suggesting underlying strength. And at this point […]

Commentary for Friday, Oct 10, 2025 – Today gold closed up $29.60 today at $3975.90, and silver closed up $0.09 at $46.94. In my opinion this week’s volatility in both gold and silver pricing may be the first sign of trouble in River City (The Music Man). I am not ready to jump out the window for […]

Commentary for Friday, Oct 3, 2025 – Today gold closed up $41.10 at $3880.80, and silver closed up $1.60 at $47.60. The price of gold continues to draw attention as the government shut down and safe haven demand push prices to record levels. And $4000.00 gold is on everyone’s mind, likely before the holiday season. Yesterday’s dip […]

Commentary for Friday, Sept 26, 2025 – Today gold closed up $38.40 today at $3775.30, and silver closed up $1.52 at $46.22. The price of gold closed on daily highs, helped by a weaker dollar, falling consumer sentiment and fresh safe haven demand. It’s tough to find many bears in the forest today as gold continues to […]

Commentary for Friday, Sept 19, 2025 – Today gold closed up $27.80 at $3671.50, and silver closed up $0.83 at $42.54. This week gave gold sentiment another boost as prices set a fresh record of $3707.00 on Wednesday, helped by a weaker dollar. The price of gold today has bounced higher again, but some bulls expect gold […]

Commentary for Friday, Sept 12, 2025 (www.golddealer.com) – Today gold closed up $12.50 at $3649.40, and silver closed up $0.69 at $42.39. This week has been great for bullish sentiment as gold and silver technically powered up. Geopolitical tension and political uncertainty here and in the Middle East are fueling safe haven demand. But for now, all eyes are […]

Commentary for Friday, Sept 5, 2025 – Today gold closed up $47.40 at $3613.20, and silver closed up $0.16 at $41.07. This week was a happy one for the bulls as gold rallied to all-time highs reacting to disappointing US jobs data as some experts believe the marketplace is now factoring in three quarter-point rate cuts […]

Commentary for Friday, Aug 29, 2025 – Today gold closed up $41.90 at $3473.70, and silver closed up $1.01 at $40.20. This week has been an optimistic one for the bulls for several reasons. The consensus that interest rates are moving lower makes sense. Gold’s technical picture is solid and creating fresh buzz with investors interested […]

Commentary for Friday, Aug 22, 2025 –  Today gold closed up $37.50 at $3374.40, and silver closed up $0.97 at $39.00. Gold finished this week with a bang as traders and investors pushed prices to recent highs, reacting to Powell’s latest Jackson Hole comment which suggests he is preparing for an interest rate cut next […]

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 […]

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 […]

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 […]

Commentary for Friday, April 25, 2025 – Today gold closed down $49.60 at $3282.40, and silver closed down $0.49 at $32.99. The price of gold drifted lower on the open, finding some support around $3270.00 and finishing the day in the red. It appears traders are still cautious, fearing further downside in the shorter term. The […]

Commentary for Thursday, April 17, 2025 – Today gold closed down $17.90 at $3308.70, and silver closed down $0.51 at $32.42. The price of gold this morning is cooling a bit after setting new record highs this week. Traders and investors continue to ponder changing tariff winds and generally lower interest rates. But with the price of […]

Commentary for Friday, April 11, 2025 (www.golddealer.com) – Today gold closed up $67.00 at $3222.20, and silver closed up $1.15 at $31.82. If you are a bull, you must love today’s Reuters headline – Gold soars past $3,200 as trade war deepens, dollar loses ground. The amazing part of this developing story is that even cautious traders, […]

Commentary for Friday, April 4, 2025 – Today gold closed down $85.00 at $3012.00, and silver closed down $2.72 at $29.12. The significant losses in gold yesterday and today have shaken investors in an otherwise enthusiastic market which has been pushed higher by bullish sentiment for months. Some traders are calling this a kind of Armageddon effect. […]