Gold market update for September 24th: After rallying 4% late last week, gold is down for a fourth consecutive session. Several factors are fueling … [Read more...]
Flight to safety seen driving gold, silver back to April crash levels
August 29, 2013 by
Summary: Wholesale gold hit its highest level since mid-May on concerns of an impending US attack on Syria. Crude oil has also hit 2-year highs to … [Read more...]
Gold Prices Surge Ahead of Eastern Buying Season
August 20, 2013 by
Summary: Gold posted an impressive 4.5% rally last week for one of its best performances of the year. One of the factors driving this rally is … [Read more...]
Gold Bugs Will Love What This Chart Says About Gold Prices
August 20, 2013 by
Summary: Technical analysis of gold charts from 2013 shows the rough time its had in the last 9 months, but that it may be starting to break for the … [Read more...]
Silver’s 13% jump “confirms” recovery in gold
August 20, 2013 by
Summary: Both gold and silver posted impressive gains last week - in silver's case, it was the metal's strongest rally in 2013. Merrill Lynch analyst … [Read more...]
Are gold ETFs back in favor?
August 20, 2013 by
Summary: Last week, the world's largest gold exchange-traded fund (ETF) posted its first gain since last November. The reasons for gold's rally last … [Read more...]
Gold futures close lower after weekly gain
August 20, 2013 by
Gold market update for August 20. Gold posted its first loss after a nearly 5% gain last week. It was in fact gold and silver's strongest weekly … [Read more...]
Gold, Silver Slip as Traders Anticipate Fed Minutes
August 20, 2013 by
Gold/silver market update for August 20. Following its strongest performance last week in several months, gold and silver posted losses on Monday … [Read more...]
Analytical Charts for Gold, Silver and Platinum and Palladium
June 18, 2013 by
Summary: As of this writing, gold currently stands at $1366, or a 4-week low. According to technical charts from Jim Wyckoff and Kitco, the gold bears … [Read more...]
Is gold losing its safe haven appeal?
June 18, 2013 by
Summary: Gold keeps struggling to top $1400, which has many questioning whether the metal has lost its safe haven appeal, especially amid such … [Read more...]
Arizona legislature votes to make gold, silver legal tender – UPDATE
May 22, 2013 by
Summary: This week, the Arizona Legislature passed a bill allowing gold and silver for legal tender purpose. If the governor signs the bill, Arizona … [Read more...]
Friday’s Analytical Charts for Gold, Silver and Platinum and Palladium
May 17, 2013 by
Summary: In Friday's chart update, Jim Wyckoff and Kitco crunches the latest market moves. In gold, bears have a solid near-term advantage, especially … [Read more...]
Stronger U.S. dollar hits oil, gold; stocks pause
May 13, 2013 by
Gold market update for Monday May 13th. On this first trading day of the week, gold priced in dollars took a hit on a stronger greenback and … [Read more...]