temporary

Gold – Transition or Confusion?

Gold – Transition or Confusion? Commentary for Friday, December 2, 2022 (www.golddealer.com) – Today gold closed down $5.20 at $1795.90 and silver closed up $0.40 at $23.04. Gold opened steady in early trading but dropped on a strong jobs report. Which threw a wet blanket on some of this week’s positive buzz. Traders however did […]

Gold – Considering Options 

Gold – Considering Options   Commentary for Wednesday, November 23, 2022 (www.golddealer.com) – Today gold closed up $6.60 at $1744.90 and silver closed up $0.33 at $21.36. Gold moved mildly into the green in the early trade this morning, but most expect a quietly defensive market going into the long Thanksgiving weekend. Everyone is paying close […]

Gold – Fed Pivot – Yea or Nay?

Gold – Fed Pivot – Yea or Nay?   Commentary for Friday, November 18, 2022 (www.golddealer.com) – Today gold closed down $8.90 at $1751.90 and silver closed up $0.02 at $20.98. Gold looked defensive this morning going into the weekend. And the premiums for physical product fell sharply in China as buying slowed, according to Reuters. […]

Gold – Hopeful – Less Cautious

Gold – Hopeful – Less Cautious    Commentary for Thursday, November 10, 2022 (www.golddealer.com) – Today gold closed up $40.20 at $1750.30 and silver closed up $0.38 at $21.68. I am traveling this week so a short newsletter. We are closed this Friday for Veteran’s Day. Keep in mind however that the commodity markets are open, […]

Gold – Friday’s Surprise!  

Gold – Friday’s Surprise!   Commentary for Friday, November 4th, 2022 (www.golddealer.com) – Today gold closed up $45.20 at $1672.50 and silver closed up $1.35 at $20.79. This was another week of dramatic price swings in both silver and gold as the paper traders “ponder the reality” of the Fed’s next interest rate move. Early in […]