Spot gold, silver and the ratio Gold’s intraday range in the third quarter was even narrower than that of the second quarter, between $1,832 on 4th August, to the quarter’s low of $1,691 just three trading days later for a range of 8%. That of silver, in keeping with its more volatile nature, was much […]
Still sideways in stagnant conditions; inflection point coming
When we last wrote a fortnight ago gold was trading between $1,750 and $1,760, having rallied from lows in the region of $1,720. Since then it has traded between technical indicators, albeit with a mild upward bias. Dollar movements (tied in with bond yields), as is so often the case when external forces are muted, […]
Gold treading water, but with an upward bias
Gold has traded in a narrow range since our comments of a fortnight ago, with a low LBMA afternoon auction price of $1,733.75 and a high of $1,774.45, just 2.3%. On an intraday basis the range is obviously wider, between $1,722 and $1,770. The change over the period (LBMA auction price basis) was minimal, a […]
Gold heavy falls last week and this week will be nervous
The much-awaited next meeting of the Federal Open Market Committee is this week, the 21st and 22nd of September and the tone is becoming increasingly hawkish. As we noted last week, this meeting is one of the four during the year in which economic projections are published, including the “dot plot” which charts each member’s […]
Gold and silver still fluctuating, no discernible trend
We have noted frequently that while inflation may be the current focus of the markets’ attention, it is not necessarily the key driver for gold prices. In the present environment, with the delta variant still ebbing and flowing, the possibility of the economic recovery being derailed is a concern and therefore, once again, we have […]
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- …
- 14
- Next Page »