temporary

Gold – Firm and Cautious 

Gold – Firm and Cautious   Commentary for Friday, Jan 21, 2022 (www.golddealer.com) – Gold closed down $10.70 at $1831.80 and silver closed down $0.40 at $24.31. The uptrend in gold is struggling with overhead resistance at $1840.00 but still gets the green light from technical traders. The bullish inflationary case will be put to the […]

Gold – Still Waiting

Gold – Still Waiting Commentary for Friday, Jan 14, 2022 (www.golddealer.com) – Gold closed down $4.70 today at $1816.50 and silver closed off $0.25 at $22.91. Recent weakness in the US Dollar Index, this morning’s slide in treasury yields, the disappointing US December retail sales number and increased physical demand from India underpin gold pricing. […]

Gold – The Bears Roar 

Gold – The Bears Roar  Commentary for Friday, Jan 7, 2022 (www.golddealer.com) – Gold closed up $8.30 today at $1797.00 and silver closed up $0.22 at $22.39. Considering this week’s sudden shift in gold sentiment from bullish to bearish our shiny friend seems to be holding up. Better than expected on the short term. Still, […]

Gold Welcomes 2022 Uncertainty 

Gold Welcomes 2022 Uncertainty  Commentary for Thursday, Dec 30, 2021 (www.golddealer.com) – Gold closed up $7.60 at $1812.70 and silver closed up $0.18 at $23.03. Gold opened flat this morning in thin holiday trading as the Dollar Index remained steady. But soon pushed to weekly highs before settling for something more modest. This provided minor […]

Gold Trends Higher – Santa Approaches

Gold Trends Higher – Santa Approaches Commentary for Wednesday, Dec 22, 2022 (www.golddealer.com) – Gold closed up $13.70 at $1801.60 and silver closed up $0.29 at $22.79. Just a reminder – we will be closed Thursday and Friday for Christmas and send our best wishes to each of you for a joyful holiday season. As […]