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Gold – Interesting and Sleepy

Gold – Interesting and Sleepy Commentary for Tuesday, October 22, 2019 – Gold closed down $0.70 today at $1481.70 and then moved up $6.00 in the aftermarket. Again, it seems quiet in the precious metals market but there are undercurrents. But there is not much fresh news out there to “push” safe haven demand. The […]

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Gold Moves Modestly Higher

Gold Moves Modestly Higher Commentary for Wednesday, October 16, 2019 – Gold closed up $10.40 at $1488.00. It traded firm today as stocks moved lower on worries over the US/China problems and weak retail sales. The dollar is also weaker – the Dollar Index has lost a full point this past week which is always […]

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Gold Turns Defensive

Gold Turns Defensive Commentary for Friday, October 11, 2019 – Gold closed down $12.10 today at $1482.70. So it continues to settle as rumors of a Trump trade deal push stocks dramatically higher and gold lower. Interestingly the dollar is also lower as the Fed plans to purchase Treasury bills at $60 billion per month […]

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Gold Stays in the Fight

Gold Stays in the Fight Commentary for Wednesday, October 9, 2019 – Gold closed up $8.90 today at $1506.10. Gold, again seems like it is just feeling around for something more substantial and again there is not much buzz in the physical world. Quiet is a good word here with some suspicion as to why […]

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Gold Firms – Expect Volatility Next Week

Gold Firms – Expect Volatility Next Week Commentary for Friday, October 4, 2019 – Gold closed down a quiet $0.90 today at $1506.20. Considering this market closed down $33.40 at $1465.70 last Monday these most recent numbers going into the weekend point to a contentious fight between the bulls and bears – because the political […]

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