temporary

Gold – Still Making up its Mind

Gold – Still Making up its Mind Commentary for Friday, Oct 15, 2021 (www.golddealer.com) – Gold closed down $29.50 at $1767.20 today and silver closed down $0.13 at $23.33. Not to see gold follow through after the big jump in prices Thursday will disappoint the bulls. And some will suggest today’s loss is the result […]

Gold – Fed or No Fed?

Gold – Fed or No Fed? Commentary for Friday, Oct 8, 2021 (www.golddealer.com) – Gold closed down $1.60 today at $1756.30 and silver closed up $0.05 at $22.68. To say this was a confusing trading week would be an understatement. Pensive market sentiment moved from bearish to bullish and back to mildly bearish. By today’s […]

Gold – Is the Buzz Returning?

Gold – Is the Buzz Returning? Commentary for Friday, Oct 1, 2021 (www.golddealer.com) – Gold closed up $1.70 at $1757.00 and silver closed up $0.49 at $22.51. To say that gold had an interesting week would be an understatement today. Traders moved from slightly bearish to more bearish and from worried to confused. Bearish professionals […]

Gold – Pensive and Steady

Gold – Pensive and Steady Commentary for Friday, Sept 24, 2021 (www.golddealer.com) – Gold closed up $2.00 at $1749.70 and silver closed down $0.25 at $22.39. While gold had both a turbulent and tough week psychologically – some short covering going into the weekend was welcomed. It’s puzzling that renewed worries of an Evergrande bankruptcy […]

Gold – The Bears Return

Gold – The Bears Return Commentary for Friday, Sept 17, 2021 (www.golddealer.com) – Gold closed down $5.20 at $1749.40 and silver closed down $0.45 at $22.30. While gold prices look to be stabilizing after yesterday’s big 3% drop there was little bounce in early trading today which is disappointing. The upcoming FOMC meeting this Monday […]