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Gold and Silver Daily Market Recap: April 4th, 2012
A complete washout for commodities across the board as precious metals, Crude oil and Equities were all lower, against a backdrop of a significantly higher U.S dollar vs. all major currencies. Spot...
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Gold & Silver Daily Market Recap: April 10th, 2012
A shaky day on the equities market lent support to spot gold. The metal traded higher by $30 to $1660 as safe haven status took precedence with European problems rearing its ugly head again. Spot gold...
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Gold & Silver Daily Market Recap: April 12th, 2012
Spot gold rallied on the heels of disappointing jobs data released this morning. The yellow metal finally broke the $1671 level to touch $1678. There was talk of renewed QE3 hopes as disappointing job...
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Gold & Silver Daily Market Recap: April 13th, 2012
Poor Chinese GDP data caused traders to sell metals positions on fears of a Chinese economic slowdown. Spot gold dropped $25 to $1649.20. Spot gold was under pressure late in the session as weekend...
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Gold & Silver Daily Market Recap: April 16th, 2012
A volatile day in the precious metals market as European debt woes was on the forefront of trader’s minds. Spot gold traded in a range hitting a high of $1658 before falling. A stronger US dollar and...
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Gold & Silver Daily Market Recap: April 17th, 2012
A wild and volatile day in the precious metals complex where gold saw wild swings trading to a low of $1634 bouncing back to trade to $1657. With no rhyme or reason for this swing traders are left...
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Gold & Silver Daily Market Recap: April 18th, 2012
Spot gold continued its steady decline in afternoon trade as traders shed positions ahead of tomorrow’s long term Spanish bond auction. A stronger U.S dollar also weighed on the complex. What appears...
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Gold & Silver Daily Market Recap: April 23th, 2012
Eurozone debt, coupled with poor eurozone data took precious metals lower to start the week. Gold dipped below $1630 to touch $1623. Heavy selling was the order of the day as spot gold started its dip...
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Gold & Silver Daily Market Recap: April 24th, 2012
A choppy sideways day for precious metals as spot gold regained a portion of yesterday’s losses. The yellow metal traded to $1648, before slipping lower. Spot gold had modest gains as traders are...
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Gold & Silver Daily Market Recap: September 17th 2012
Precious metals have paused after two solid days of gains last week after the after the Federal Open Market Committee (FOMC) announced further loosening of monetary policy to reinvigorate the sluggish...
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