Gold News

Our Buy Zone analysis is on track. The next signpost we are waiting for is a price break of the recent common cycle lows. When that occurs, I expect selling pressure to intensify, and prices should finally enter the upper portion of the Buy Zones. Once in the Buy Zon
Gold had an incredibly strong start to the year 2016…and for good reason. Economic conditions around the world proved to be concerning, leading to incredibly strong safe haven demand. However, more recently, we've been seeing volatility as the result of slowly impro
During Thursday’s press conference, Draghi sounded very optimistic. What does this imply for the gold market? Draghi Was Optimistic We have already discussed the ECB’s decision and Draghi’s introductory statement to his press conference. Let’s now dig into the que
Our technical model for gold shows that the $1,045 per ounce low in late 2015 was of similar magnitude to the $700 low of late 2008. Consequently, a multi-year advance in price is now in the beginning stages of emerging. The situation in the world's historic monetary el
Gold has taken a ride recently. After falling from highs reached earlier this year, the month of September was off to a good start. However, recent comments from key Federal Reserve members have led to some concerns. As a result, the price of gold is retreating at t
Gold had yet another strong day in the market on Tuesday, and for good reason. The precious metal is seeing increased demand for several reasons. Today, we'll talk about the demand factors that are driving the price of the precious metal up at the moment, and what w
The US Dollar Index is not a measure of the value of the US dollar relative to gold. However, there is a relationship between the US Dollar Index and gold price rallies. The best gold price rallies came during periods where the US dollar index was in a declining
The US economy added 151,000 jobs in August. What does it imply for the Fed policy and the gold market? Surprising Weakness Total nonfarm payroll employment rose only by 151,000, according to the U.S. Bureau of Labor Statistics. Analysts expected 175,000 jobs crea
Precious metals finished moderately higher for the week after strong gains on Friday, as US employment data missed analyst estimates. Payrolls were reported at 151,000 additions in August, which was lower than the median forecast of 180,000. The US dollar fell on th
Today is proving to be a big day for gold investors…and for good reasons. Early this morning, the US jobs report was released, widely missing expectations and showing sharp contrast to the ADP employment report. Today, we'll talk about the news, what it has to do wi

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