Gold – Stable on the Week

Gold – Stable on the Week  Commentary for Friday, April 3, 2020 – Gold closed up $8.00 today at $1633.70. Last Friday gold closed at $1623.90 so on the week we have lost $9.80 which suggests a more stable market, which is a blessing considering the growing virus threat.  Don’t get the idea that just […]

Gold – What’s Next?

Gold – What’s Next?  Commentary for Friday, March 27, 2020 (www.golddealer.com) – Gold closed down $26.20 today at $1623.90. It closed Monday of this week at $1567.00 so in the past 5 trading days we are up $56.90. You can see price volatility still rules. Most already know that LA Country has closed our walk-in […]

Gold Remains Under Pressure

Gold Remains Under Pressure Commentary for Friday, March 20, 2020 (www.golddealer.com) – Gold closed up $5.40 today at $1484.00 is choppy trading which moved from $1480.00 through $1520.00. As of today, walk-in trade will be temporarily discontinued until April 19th at which time the City of Los Angeles will and provide further guidance. In the […]

Gold Continues to Struggle

Gold Continues to Struggle Commentary for Friday, March 13, 2020 – Gold closed down $73.60 today at $1515.70 as investors continue to liquidate. The close last Monday was $1674.50 so its been a tough week for our shiny friend losing $158.80. We saw a mild bounce in stock prices after yesterday’s deluge, but this market […]

Gold Firm – In a Nervous Market

Gold Firm – In a Nervous Market  Commentary for Friday, March 6, 2020 – Gold closed up $4.40 at $1670.80 today. We closed at $1592.30 last Monday so on the week it finished up $78.50 in another wild market ride. These past 30 days the volatility repeats moving from $1560.00 through $1660.00 and quickly dropping […]