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Gold – Firm but Cautious

Gold – Firm but Cautious Commentary for Friday, Aug 12, 2022 (www.golddealer.com) – Today gold closed up $8.90 at $1798.60 and silver closed up $0.35 at $20.68. It is a positive that gold managed mildly higher prices today even though a large jump in the Dollar Index capped gains. Current gold prices are also supported […]

Gold – Ignore the Noise for Now

Gold – Ignore the Noise for Now Commentary for Friday, Aug 5, 2022 (www.golddealer.com) – Today gold closed down $15.60 at $1772.90 and silver closed down $0.28 at $19.84. The possibility of no recession was reflected in lower gold prices Friday. The Bureau of Labor Statistics noted that the July numbers beat expectations with 528,000 […]

Gold – A Bright Spot Do I See?

Gold – A Bright Spot Do I See? Commentary for Friday, July 29, 2022 (www.golddealer.com) – Today gold closed up $12.60 at $1762.90 and silver closed up $0.33 at $20.16. Gold moved higher on Friday as the Dollar Index continued a soft drift towards 106.00. The markets are trying to resolve the interest rate / […]

Gold – Quiet Summer Trade

Gold – Quiet Summer Trade Commentary for Friday, July 22, 2022 (www.golddealer.com) – Gold closed up $14.40 at $1727.10 today and silver closed down $0.10 at $18.59. Gold finished the week on some upbeat news and its first weekly gain in 6 weeks according to Reuters. Today’s PMI (Project Management Institute) suggests the service sector […]

Gold – Looking for Encouragement

Gold – Looking for Encouragement Commentary for Friday, July 15, 2022 (www.golddealer.com) – Gold closed down $2.10 at $1702.40 today and silver closed up $0.38 at $18.55. The best you can say about gold going into this weekend is that pricing has turned flat. And our shiny friend is trading slightly above $1700.00. But with […]