Gold News

Gold Market Recap Report

admin — Tue, 21 May 2013 19:31:05 +0000

The gold market spent a lot of time in lower ground today but all things considered the gold market held up rather impressively considering the very bearish early track in the marketplace….

Mid-Session Gold Market Report

admin — Tue, 21 May 2013 16:07:41 +0000

Gold was back under fresh pressure this morning in the face of adverse currency market action and also because of quasi deflationary price action in a host of physical commodity markets….

Gold Getting Added Pressure

admin — Tue, 21 May 2013 12:41:30 +0000

Gold fell for the eighth of nine sessions, hurt by a firm dollar and persistent outflows from exchange-traded funds, pointing to more downside pressure on the metal, which has already lost about a fifth of its value this year.

Is Gold Finally Recovering?

admin — Tue, 21 May 2013 12:36:19 +0000

In good news, the price of gold went up to $1,376.85. In bad news…well who knows if it will stay that way. With some analysts reassuring investors there’s no way that the price of gold will go under $1,000 an ounce, some analysts don’t buy it. It’s a rocky time to buy the precious metal More >

Morning Gold Market Report

admin — Tue, 21 May 2013 11:31:08 +0000

Compiled 05/21/13 6:00 AM (CT) Statistics: London Gold AM Fix $1,378.75, +$25.00 LME Copper Stocks 624,525 tons -3,500 tons. GOLD MARKET FUNDAMENTALS: (6:00 AM CST) Gold could have found some residual support from news of active Chinese buying overnight, as that…

Gold Market Recap Report

admin — Mon, 20 May 2013 20:39:09 +0000

Overnight excessive downside action fueled negative sentiment toward gold, but eventually the magnitude of the recovery off the lows served to provide a significant improvement in sentiment toward gold….

Mid-Session Gold Market Report

admin — Mon, 20 May 2013 16:21:32 +0000

The gold market forged a rather impressive downside extension overnight but the market this morning clearly rejected that slide, as prices into mid session were sitting roughly $30 an ounce above the initial lows….

Price of Gold Now at $1,364.44/ounce

admin — Mon, 20 May 2013 12:58:53 +0000

The price of gold futures fell yet again this morning as the U.S. dollar continues to become strength. At $1,364.44 an ounce, the price of gold continues to fall as investors are scrambling tp figure out what can be done to stop the prices from getting any lower. Fortunately this isn’t the lowest gold as ever More >

Gold Continues Slide

admin — Mon, 20 May 2013 12:20:34 +0000

Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as the dollar rose to the highest since 2008 after some Federal Reserve officials said the central bank should end its stimulus for the U.S. economy.

Morning Gold Market Report

admin — Mon, 20 May 2013 11:22:46 +0000

Compiled 05/20/13 6:00 AM (CT) Statistics: London Gold AM Fix $1,353.75, -$23.00 LME Copper Stocks 628,025 tons -1,925 tons. GOLD MARKET FUNDAMENTALS: (6:00 AM CST) Weakness in gold prices was seen overnight in Asia, with gold in India falling to a 1 month low….