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...
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...