Trade Precious Metals

Gold Analysis

Gold Price: Year 2000 All Over Again – How Will You Play It This Time?

Recently business and financial guru Mark Cuban wrote an article about why this tech bubble is going to be worse than the tech bubble of 2000. This made me take another look at the long term charts again, but instead of looking up the NASDAQ or the tech sector I

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Gold cuts losses on lower dollar after below-forecast U.S. data

Gold cut losses on Tuesday, as the dollar turned lower after U.S. retail sales and producer prices data came in weaker than expected, but prices remained below $1,200 an ounce on higher equities. The Commerce Department said on Tuesday retail sales increased 0.9 percent, below the 1 percent that economists

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Gold Prices Held Down by a Stronger Dollar

Gold prices pulled back below $1,200 an ounce on Monday as a stronger dollar overwhelmed interest from foreign buyers. The most actively traded contract, for June delivery, fell $5.30, or 0.4%, to settle at $1,199.30 a troy ounce on the Comex division of the New York Mercantile Exchange. The Wall

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Gold holds above $1,200, but U.S. rate hike worries weigh

Gold steadied above $1,200 an ounce on Monday after rising more than 1 percent in a chart-based rebound the session before, but persistent concern that the U.S. central bank is on course to lift rates this year should cap any gains. Federal Reserve official Jeffrey Lacker repeated on Friday his

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Gold near one-week low as US rate hike bets buoy dollar

Gold remained near a one-week trough on Friday and was expected to end a three-week rally pressured by renewed expectations for a U.S. rate hike this year despite recent soft economic data. Bullion has surrendered gains inspired by a weak U.S. employment report last week as Federal Reserve officials suggest

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Logical 4 Month Market Forecast – Gold, Oil, Stocks & Bonds

Everyone is looking for the holy grail of the financial market which will tell what will happen next in stocks, commodities, bonds etc… Knowing that the holy grail of trading does not exist I am going to step out on a limb and share my four month stock market forecast

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Gold Ends Near Seven-Week High as Interest-Rate Worries Ease

Gold prices rose to their highest level in nearly two months on Monday, after disappointing U.S. employment data last week helped reassure investors that the Federal Reserve would be in no hurry to raise interest rates. Gold for June delivery, the most actively traded contract, gained 1.5% to $1,218.60 a

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Gold extends gains after U.S. jobs disappoint

Gold rose for a second straight session to trade near a three-week high on Monday, after U.S. jobs posted the slowest growth in more than a year, fuelling expectations the Federal Reserve could postpone an anticipated rate increase. Spot gold was up 0.6 per cent at $1,217.66 an ounce by

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Gold Flat In Quarter In Dollars But 11% and 5% Higher In Euro and Pounds

Gold was essentially flat with a fall of just $2 or 0.0017% in dollar terms in the quarter. While gold was essentially flat in the quarter in dollar terms, it is important to note that gold was 11% and 5% higher in euro and sterling terms – building on the

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Gold Turns Lower as Investors Remain Cautious Ahead of Data

Gold prices turned lower Tuesday, with investors hesitant to make major moves ahead of key U.S. data at the end of the week. Gold for June delivery, the most actively traded contract, closed down 0.2% to $1,183.20 a troy ounce on the Comex division of the New York Mercantile Exchange.

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Palladium drops to 1-yr low, Gold price at lowest in one week

Palladium fell to its lowest level in over a year on Monday afternoon London trading, while gold continued to build on losses amid gains in the dollar. Palladium was last seen at $723/7728 per ounce, down $14 for the session and down to its lowest level since February 2014. The

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Gold slips as Yellen signals U.S. rate hike on track

Gold dropped for a second straight session on Monday, slipping further from a three-week high, after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank may be on course to raise interest rates later this year. Bullion may be set to give up recent gains fueled by the

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Oil Surges, Gold and Silver Spike as Saudi Arabia Bombs Yemen

Geopolitical tensions escalated dramatically over night as Saudi Arabia launched military operations including air strikes in Yemen. The Saudis claim the action is to counter Iran-allied forces besieging the southern city of Aden where the U.S. backed Yemeni president had taken refuge. Oil surged and gold rose nearly 2% following

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Gold Technical Chart Turns Bullish

Precious metals have rebounded strongly over the past week, following comments from the Federal Reserve. While the FED dropped the word “patient” from their statement last week in relation to raising interest rates, Yellen clarified that removing the term patient does not mean the Fed is impatient. To the contrary, the FED

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Gold Trades Near Two-Week High on Rates Outlook After CPI Data

Gold traded near the highest price in more than two weeks as investors assessed the outlook for higher U.S. interest rates after inflation showed signs of stirring in the world’s biggest economy. Bullion for immediate delivery traded at $1,192 an ounce at 8:19 a.m. in Singapore from $1,193.28 on Tuesday,

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