Gold Is Hurting

Gold Is Hurting

Gold prices settled at their lowest level in nearly five months, as gains in the U.S. dollar and stocks and another surge this week for bitcoin dulled demand for the yellow metal. February Comex gold slipped 0.4% to settle at $1,248.40/oz. This is the lowest since...
What is Going on With Gold?

What is Going on With Gold?

Comex gold tumbles to near four-month lows, weighed by strength in the U.S. dollar and stock market as well as upbeat economic data; gold currently -0.9% at $1,266.30/oz, silver -1.6% at $16.11/oz. “Sentiment is bearish for gold… The rise in U.S. trade deficit...
What is Going On With Gold Prices?

What is Going On With Gold Prices?

Gold has been tough lately, and gold prices haven’t moved. Holding the miners has been even more difficult. We had a pretty rough up and down period in November. Gold prices dropped nearly 1% yesterday to end the month of November essentially unchanged. It...
Gold Prices At New Monthly High, What is Next?

Gold Prices At New Monthly High, What is Next?

Gold prices rallied Friday to a more than one-month high, tacking on nearly 1.8% for the week, as the latest developments in the investigation into Russia’s interference in the U.S. presidential election knocked the dollar lower. Let us discuss this action in gold...