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Gold – A Bumpy Ride in a Dangerous World Commentary for Thursday, July 2, 2020 (www.golddealer.com) – Gold closed up $10.80 at $1784.00. Our shiny friend closed last Friday at $1745.90 so on the week we have gained $38.10. On the month gold is higher by $58.80 and year to date we are up $380.00. […]

  Gold – Choppy and Surprisingly Firm  Commentary for Friday, June 26, 2020 – Gold closed up $10.40 today at $1772.50 in choppy trading. It closed last Friday at $1745.90 so on the week we are up $26.60 in what I would call a worrisome week. Troubling because we are about 3 months into this virus […]

Gold – Higher into the Weekend   Commentary for Friday, June 19, 2020 – Gold closed up $21.10 today at $1745.90.  Last Friday it closed at $1729.30 so on the week we have gained $16.60 suggesting the bulls have managed a solid finish in the face of higher stock prices and a dollar index which has […]

Gold – A Rocky Road to $2000 +   Commentary for Friday, June 12, 2020 (www.golddealer.com) – Gold closed down $2.70 today at $1729.30. Last Friday we closed at $1676.20 so on the week we are higher by $53.10.  On Monday of this week gold traders were eager to see if the big sell-off last Friday […]

Gold Blinks – Steller Job’s Number Commentary for Friday, June 5, 2020 – Gold closed down a surprising $42.70 today at $1676.20. Considering last Friday’s close ($1736.90) we are off $60.70 on the week experiencing very volatile trading. The bombshell today was the spectacular May US jobs number. Instead of continuing to lose jobs (the […]