Gold and silver edge higher leading into the European open Gold and silver are trading higher after both mtals had a good Asian session. The yellow metal is 0.20% up trading at $1906/oz while silver trades at $27.94/oz. In the rest of the commodities complex, copper has moved 0.14% in the black along with spot […]
Gold's big strides and its ultimate $10K price target Gold is making some big strides, rising above $1,900 an ounce for the first time since January. And gold bulls now want to see the $2,000 an ounce gold price target happen. Some of the main triggers behind the move are a weaker U.S. dollar and […]
Both gold and copper have had two months of stellar performance With extremely different fundamental events influencing both gold, a precious metal, and copper, an industrial metal, both metals in terms of percentage gains had absolutely stellar performances over the last two trading months. In an odd way, the core root behind the massive upside […]
Golds gains over $100 this month With only one more trading day in the month of May, gold futures have precariously clung just below $1900 per ounce. Today gold futures basis the most active June 2021 contract traded to a high of $1906.50 and a low of $1890.80. With the first notice day occurring tomorrow […]
Gold breaks above $1900, before breaking back below $1900 after NYC close Yesterday gold futures closed at $1899.90 after trading to an intraday high above $1901. As trading resumed in Australia, it seemed that gold prices were trying to form a base above that elusive key psychological level. The high in trading last night took […]
Gold surges past $1900 in trading Yesterday Forces and events which have taken gold to higher pricing since the end of March are still dominantly in play. The two primary forces are dollar weakness and data indicating an uptick in inflation. These two factors greatly affect Treasury yields, and in turn, lower Treasury yields increase […]
Gold continues to gain value and inches closer to $1,900 The market forces and events which have taken gold to higher pricing since the end of March are still dominantly in play. The two primary forces are dollar weakness and data indicating an uptick in inflation. These two factors greatly affect treasury yields and in […]
What's next for gold price after 'game-changing' week? This week was a "game-changer" for gold as prices climbed towards the $1,900 an ounce level while the rest of the markets saw chaotic trading, according to analysts. After a massive selloff in the crypto space, gold's appeal is back on the radar for many investors, including […]
Bitcoin price loss is gold's gain and that is good for junior explorers too – David Erfle Once again, the gold market has regained its luster as investors moved back into the precious metal and out of volatile cryptocurrencies. With gold price ending the week above $1,850 an ounce, junior explorers should start to see […]
A Golden Cross could be forthcoming between the 50-day EMA and the 100-day EMA To paraphrase Investopedia, the golden cross is a chart pattern. A bullish signal in which a market's moving average moves above a longer-term moving average. The golden cross is a bullish breakout pattern formed from a crossover involving a short-term moving […]