Sunday, March 3, 2024

Gold bears are hibernating this week as the market sees record closing price

Gold bears are hibernating this week as the market sees record closing price: Gold bears are hibernating this week as the market sees record closing price ...

Tuesday, October 17, 2023

Gold, silver firmer despite hotter U.S. CPI and rising bond yields

Gold, silver firmer despite hotter U.S. CPI and rising bond yields: Gold, silver firmer despite hotter U.S. CPI and rising bond yields Gold and silver prices are a bit higher in midday U.S. trading Tuesday. The precious metals bulls are holding their own despite a str...

Monday, July 10, 2023

Gold prices can still push to record highs at $2,100 an ounce by the end of the year - MKS' Shiels

Gold prices can still push to record highs at $2,100 an ounce by the end of the year - MKS' Shiels: Gold prices can still push to record highs at $2,100 an ounce by the end of the year - MKS' Shiels Gold prices have room to move lower and retest support below $1,900 an ounce in the early part of the...

Wednesday, March 29, 2023

Gold remains solidly bullish even with today's modest price decline

Gold remains solidly bullish even with today's modest price decline: Gold remains solidly bullish even with today’s modest price decline Although gold prices had a modest decline in trading today, the overall fundamental environment that had caused gold pricing to tr...

Tuesday, December 20, 2022

Gold moves higher as the dollar falls on the news of a BOJ policy revision

Gold moves higher as the dollar falls on the news of a BOJ policy revision: Gold moves higher as the dollar falls on the news of a BOJ policy revision The Bank of Japan's surprise decision that they would raise their benchmark interest rate cap from 0.25% to 0.50% sent ripple...

Tuesday, August 23, 2022

Gold, silver rebound as USDX backs off, crude oil rallies

Gold, silver rebound as USDX backs off, crude oil rallies: Gold, silver rebound as USDX backs off, crude oil rallies Gold and silver prices are higher in midday U.S. trading Tuesday, on short covering in the futures markets and bargain hunting in the cash mar...

Thursday, May 12, 2022

Gold, silver punished by strong USDX that hits 20-year high

Gold, silver punished by strong USDX that hits 20-year high: Gold, silver punished by strong USDX that hits 20-year high Gold and silver prices are sharply lower in midday U.S. trading Thursday, pressured in part by a very strong U.S. dollar index that today sc...