Welcome to Our Almost Famous Gold Newsletter written daily by Ken Edwards and Richard Schwary after the COMEX close. This commentary will look at the gold, silver, platinum and palladium markets and consider what happened to create these changes on the trading floor. It will also offer world class commentary from other sources in a balanced and straightforward manner.
Our Almost Famous Gold Newsletter will include the GoldDealer Activity Scale which is a computer generated number between 1 and 10 providing an accurate measurement of CNI buying and selling volume.
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Our Almost Famous Gold Newsletter will include talk about bullion premiums, why they change and how this affects public choices. And, on occasion we will remind readers to be careful about some products regularly offered by telemarketers today.
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The Gold Newsletter Week in Review
Gold Surprises into Memorial Day Commentary for Friday, May 26, 2017 – Gold closed up $11.70 today at $1268.10 so it turns out to be more interesting going into the long Memorial Day weekend than I thought it would – but let’s not get carried away. The market began…
Gold Remains Quiet into Memorial Day Commentary for Thursday, May 25, 2017 – Gold closed up $3.30 at $1256.40. Gold held steady in overnight trading and moved between $1254.00 and $1258.00 in the domestic trade – so it looks pretty quiet out there – today’s upward bias reflects yesterday’s aftermarket. I…
Gold May Like the FOMC Notes Commentary for Wednesday, May 24, 2017 (www.golddealer.com) – Gold closed down $2.40 today at $1253.10 but the aftermarket trend firmed moving into the green more than $3.00 most likely in reaction to the release of the FOMC minutes. Gold traded relatively flat overnight…
Gold Sees Mild Profit Taking Commentary for Tuesday, May 23, 2017 (www.golddealer.com) – Gold closed down $5.90 at $1255.50. Gold traded relatively flat in the overseas market and opened choppy in the domestic market – trading between $1259.00 and $1263.00 but finally moved lower on the close as the…
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