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...
Serious Movement Expected in Precious Metals

Serious Movement Expected in Precious Metals

The prices of gold and silver shot up last week, by $28 and $0.57. Precious metals became pricier last week, but we should point out that the stocks of gold and silver miners barely responded to this rally in the metals, which very often (not always, but a very large...
Higher Gold Prices This Week?

Higher Gold Prices This Week?

Where will gold prices this week go? The latest Commitment of Traders (COT) report showed a second straight week of declines in speculative longs as they continued to close out positions while shorts continued to get bolder by increasing their own positions. We are...
Gold Prices Getting Crushed

Gold Prices Getting Crushed

Gold prices are on track for their fifth day of losses in the past six trading sessions. There are several reasons for this trend. Tensions are seen easing with North Korea, at least for the time being. There was less damage from Hurricane Irma than expected. The...

North Korea Detonates Hydrogen Bomb

North Korea conducted its sixth and most powerful nuclear test on Sunday, which it said was “perfect success in the test of a hydrogen bomb for an ICBM.” “South Korea is finding, as I have told them, that their talk of appeasement with North Korea...