Gold and silver move lower ahead of the European open Both gold and silver have moved down in the Aisa Pac session. Gold is trading -0.24% in the red while silver has fallen just over half a percent. Looking at the rest of the commodities complex, copper has dropped -0.68% but spot WTI bucked the […]

Gold and silver slip ahead of the European open Gold and silver have moved lower heading into the European cash open. The yellow metal is trading -0.38% lower while silver has dropped -0.43%. In the rest of the commodities complex, copper is just above flat while spot WTI has called -0.37%. Risk sentiment overnight was […]

Gold and silver trade flat heading into the European open After a decent session yesterday, in which gold rose 1.36% the yellow metal is flat this morning leading into the European open. Silver is trading 0.09% higher overnight at $23.60/oz but has a resistance level at $23.78/oz to contend with. In the rest of the […]

Gold and silver start the week on the front foot Gold (0.24%) and silver (0.82%) have both moved higher this morning ahead of the start of the new trading week. gold finished last week marginally higher and gapped up at the open on to pare some of those gains and trade at $1784.92/oz. Copper and […]

Gold fails at $1,800, another selloff might be on is wtay   Even though gold stabilized after last week's flash crash, it failed to breach the $1,800 an ounce level. Markets are keeping a very close eye on the delta variant, Afghanistan headlines, and the Federal Reserve's tapering signals at the upcoming Jackson Hole meeting. […]

Gold and silver struggle leading into the European open Gold and silver have had a heavy session overnight with the yellow metal trading -0.61% lower while silver dropped -1.34%. In the rest of the commodities complex, spot WTI fell -0.61% and copper also struggled, losing -0.69% of its value. Following a poor performance on Wall […]

Gold and silver move up ahead of the European cash open – After a bit of a choppy session yesterday gold is trading 0.36% higher leading into the European open on Wednesday. Silver has also moved into the black and trades 0.40% up at $23.73/oz. Looking at the rest of the commodities complex, copper (0.13%) […]

Gold stocks have highest cash flow ever, so why are prices down? Michael Gentile – The gold mining sector is demonstrating excellent fundamentals, representing a complete disconnect between intrinsic value and market value, said Michael Gentile, strategic investor. "The industry has never been better fundamentally at a time when the least amount of investors ever […]

Gold continues to rally now just $19 shy of $1800 In yesterday's opening letter, we talked about the potential for gold to stage a corrective upside rally based upon our current Elliott wave count using daily charts. Today we saw another 29 dollars taking gold prices substantially higher. As of 5:34 PM EST, Gold futures […]