Gold Firm into the Weekend
Gold Firm into the Weekend Commentary for Friday, Feb 15, 2019 – Gold closed up $8.30 at $1318.10. We closed at $1307.00 this past Monday so on the week gold moved up by $11.10 – nothing to write home about but still impressively holding above $1300.00 in choppy trading. Gold yawned over the President’s declaring […]
Gold Quiet but Watched Carefully
Gold Quiet but Watched Carefully Commentary for Wednesday, Feb 13, 2019 – Gold closed up $1.60 today at $1310.80. So while this market remains quiet it is also holding the public’s attention, which is unusual because when trading ranges get close it’s like watching the paint dry. Gold remains engaging however because everyone wants to […]
Gold Closes Firm
Gold Closes Firm Commentary for Friday, Feb 8, 2019 – Gold closed up $4.30 at $1313.70 today. We closed at $1314.30 last Monday so on the week gold was down $0.60 – so remaining pretty quiet but still shouting above $1300.00. I think today’s push to higher ground was just the result of a dive […]
Gold Steady – A Plus for Now
Gold Steady – A Plus for Now Commentary for Wednesday, Feb 6, 2019 (www.golddealer.com) – Gold closed down $4.70 at $1309.50 today. We closed Monday at $1314.30 so in the last few days we have drifted somewhat lower but have held a tight range. The 30 day gold price picture remains bullish in that we […]
Gold Settles into the Weekend
Gold Settles into the Weekend Commentary for Friday, Feb 1, 2019 – Gold closed down $2.80 at $1316.90. The jobs number roared today, normally this would have created headwinds for gold the thinking being that with higher employment numbers the Fed would be more likely to raise interest rates. The next FOMC gathering will be […]