Gold News

Our works suggest that gold, silver, and miners are approximately 6-weeks away from making a significant low. Originally we anticipated an intermediate degree bottom in late September. However, prices churned sideways through all of August and September subsequently
Gold had a strong move in the market last week…and for good reason. The Federal Reserve kept its interest rates low. This caused immediate declines in the value of the USD, leading to gains in the price of the precious metal. However, the USD is recovering today, an
The price of gold is falling slightly today following strong gains as the result of the Federal Reserve's recent decision. While some are meeting the declines with fear, others are looking at this as an opportunity. Personally, I'm on the opportunity side of th
The US Dollar is widely known for its inverse correlation to precious metal prices. As the reserve currency appreciates in value, commodities that are priced in dollars go down. This relationship is useful when forecasting price targets. Another currency used for th
Gold has been an interesting commodity to watch as of late to say the least. Moreover, it seems as though another interesting week is on the horizons this week. At the moment, the price of the precious metal is working its way up from 2-week lows. However, news with
The SPX continues to form a pattern that typically appears at major tops. The Fed is scheduled to meet this Tuesday, September 20th, 2016, and Wednesday, September 21st, 2016 to decide on its U.S. interest rate policy, AGAIN!   This could be the event t
The Consumer Price Index (CPI) increased 0.2 percent in August. What does it mean for the gold market? CPI Rise Led By Medical Costs Consumer prices rose 0.2 percent last month, according to the U.S. Bureau of Labor Statistics. The increase was driven by the j
Gold was recently riding on highs. In fact, it seemed like nothing could bring the price of the precious metal downward during the first half of the year. However, more recently we've been seeing declines. At the moment, the price of the shiny yellow is trading near
This article is a follow-up to my Gold Forecast: The Next Great Buying Opportunity  posted a little over a month ago. At that time, we noted how gold and silver prices had diverged as the miners made new marginal highs. There were also discrete signs of distrib
Silver has been an incredibly interesting commodity to follow as of late. Recently, since comments were made by Eric Rosengren that he supports a higher rate, the price of the precious metal has been declining. However, there's still a bit of a debate to be argued.