Gold News

Gold Price Finds New Traction on a Two-Week High
By Darren Capriotti - July 19, 2017
Gold prices hit a two-week high yesterday, finding its way into the $1,240-per-troy-ounce range. This marks a return to a price range that gold hasn’t seen since the beginning of the month, and puts it within striking distance of the prices gold was seeing before the mi
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Watch For Gold Price Leadership
By Christopher Aaron - July 18, 2017
Two weeks ago gold broke its short-term rising trend at $1,235, a technical level which held gold higher since January. This is shown below by the broken turquoise trendline. While such a breakdown would normally be a sign for caution, because the breakdown has occurred
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June Retail Sales, CPI, Other Data And Gold
By Arkadiusz Sieroń - July 17, 2017
Last week, a few important US economic reports were released. What do they imply for the gold market? June Retail Sales And Gold The recent days were eventful. Donald Trump Jr revealed his controversial emails, Janet Yellen delivered her testimony before the C
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The Gold Price Is Fake News
By Egon von Greyerz - July 14, 2017
Lethargic summer markets tend to instill a sense of false security. Stocks and property are near all-time highs, interest rates are at 72 year lows and most investors feel richer than ever. Central banks signal strong economies with indications of higher interest rates
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Gold’s Price Can’t Seem To Make A Decision
By Darren Capriotti - July 12, 2017
Oftentimes in this space we have occasion to point to a variable or two that could be responsible for gold’s recent movement. But this week, we have mixed results. As of this morning, gold is up slightly—similar to the results we had yesterday (Monday). But gold has
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Preparing For THE Bottom: Part 3 – Gold/Silver Ratio
By P. Radomski - July 11, 2017
In the first part of the Preparing for THE Bottom series, we emphasized the need to be sure to stay alert and focused in the precious metals market, even though it may not appear all that interesting. We argued that preparing for the big moves in gold that are likely to
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June Payrolls And Gold Price
By Arkadiusz Sieroń - July 10, 2017
The US economy added 222,000 jobs in June. What does it mean for the gold market? Job Gains Strong In June Total nonfarm payroll employment increased 222,000 in June, following an increase of 152,000 in May (after an upward revision), according to the U.S. Bur
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Gold Awaits Fundamental Shift
By Jordan Roy-Byrne - July 08, 2017
Last week we wrote that gold’s poor performance in real terms could reflect its worsening fundamentals. Real interest rates are rising because the rate of inflation has peaked and bond yields are rebounding. It is a double whammy for precious metals. This is not permane
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Gold Finished 4th Of July Weekend With Stumble
By Darren Capriotti - July 05, 2017
Though the price of gold showed a tremendous amount of resistance in the mid-$1,200 per troy ounce range for a long time this month, it finally broke through over the Fourth of July weekend with a stumble down to what is currently around $1,220 per troy ou
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US Dollar And Gold Prices Fall Together
By Christopher Aaron - July 03, 2017
The US dollar continues to show us signs of a significant long-term reversal lower in the making. As first proposed in January 2017, the dollar has now hit our initial lower target of 95.5 on the dollar index: This target was derived from a measurement of the amp
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