temporary

Gold Stumbles 

Gold Stumbles  Commentary for Friday, February 26, 2021 (www.golddealer.com) – Gold closed down $46.30 today at $1728.10 and silver closed down $1.24 at $26.40. Gold closed last Friday at $1775.80 so on the week we have lost $47.70. During that same time silver lost $0.85. With all the ruckus it feels like losses should have […]

Gold – Bearish? Stabilizing? Bullish?

Gold – Bearish? Stabilizing? Bullish? Commentary for Friday, February 19, 2021 (www.golddealer.com) – Gold closed up $2.40 today at $1775.80 and silver closed up $0.17 at $27.25. This has been a short but tough week for gold even though it only lost $45.80 these 5 past trading days. And a stabilizing week for silver which […]

Gold – Mixed Sentiment Short Term

Gold – Mixed Sentiment Short Term Commentary for Friday, February 12, 2021 (www.golddealer.com) – Gold closed down $3.30 today at $1821.60 and silver closed up $0.28 at $27.32. Gold closed last Friday at $1810.90 so on the week we are higher by $10.42. Another volatile week, with mixed sentiment. Get used to the bulls and […]

Gold – Bargain or Trap?

Gold – Bargain or Trap? Commentary for Friday, February 5, 2021 (www.golddealer.com) – Gold closed up $22.00 at $1810.90 and silver closed up $0.79 at $27.02. On Friday of last week gold closed at $1847.30 so over the last 5 trading days gold is down $36.40. This was an amazing week of up and down […]

Gold – Safe-Haven Returning? 

Gold – Safe-Haven Returning?  Commentary for Friday, January 29, 2021 (www.golddealer.com) – Gold closed up $9.40 at $1847.30 today in a bit of what might be safe haven demand over continued mixed signals regarding short selling in the stock market. But I think this connection is tenuous – if this Wall Street problem was widespread […]