Blog · page 10
- U.S. Dollar Weighs on Gold
May 16, 2022 · Robert Levy
The gold market is slightly higher in early afternoon action after having a lackluster day session. Spot prices are currently up nearly $3 per ounce as…
- Gold Suffers Worst Week In Nearly A Year
May 13, 2022 · Robert Levy
The past week has been one to forget for the gold bulls. The decline of some 4% this week markets the worst weekly close since June of last year. Gold…
- Soaring Dollar Hammering Gold
May 12, 2022 · Robert Levy
The gold market is down today and down sharply. A sharply higher dollar index is taking a big toll on the yellow metal today as the currency hits a…
- Gold Higher As Oil Stronger And Dollar Weaker
May 11, 2022 · Robert Levy
The gold market is seeing a respite from the recent selling today as key outside markets give the bulls reason to buy. The metal may also be seeing some…
- Gold Looking Weaker
May 10, 2022 · Robert Levy
The gold market is seeing some moderate selling pressure on Tuesday despite seeing gains earlier in the session. Spot gold prices have now fallen below…
- Gold Firmer As Fed Remains Focus
May 6, 2022 · Robert Levy
Spot gold prices are firmer in mid-morning action today as the latest jobs data did not disappoint. The non-farm payrolls data for April showed a rise of…
- Investors Rethink Fed Meeting
May 5, 2022 · Robert Levy
After some initial exuberance following yesterday’s FOMC meeting conclusion, investors have seemingly come to their senses today. Stocks are down and down…
- Tick Tock Tick Tock
May 4, 2022 · Robert Levy
The markets are sitting tight and awaiting the latest FOMC meeting conclusion and announcement. It is widely expected that the Fed will raise rates by…
- Will The Ground Shake Tomorrow?
May 3, 2022 · Robert Levy
Wednesday afternoon could see some fireworks this week as the FOMC meeting concludes. It is now widely expected that the Fed will raise interest rates…
- Risk Aversion Driving Gains In Gold
April 29, 2022 · Robert Levy
The gold bulls are fighting their way back today as stocks get hammered once again. The Dow Jones Industrial Average is down over 500 points at mid-day…
- Gold Flat As Gains Prove Fleeting
April 28, 2022 · Robert Levy
The gold market is just below the unchanged line in late morning action Thursday. The slight decline seen in gold is a far cry from the gains seen earlier…
- The Slump Continues
April 27, 2022 · Robert Levy
The gold market is moderately lower today as the bearish slump continues for the metal. Down nearly $18 per ounce at lunchtime Wednesday, the gold market…
- Bulls Have Some Work To Do
April 26, 2022 · Robert Levy
Bulls Have Some Work To Do The gold bulls have their work cut out for them. The yellow metal is modestly higher today as it sees a corrective…
- Gold Pounded As Covid Fears Stoke Selling
April 25, 2022 · Robert Levy
The gold market is sharply lower at lunchtime Monday as fears over Covid take hold. Both gold and silver are lower today, hitting two-month lows in the…
- Is A Hawkish Fed Taking A Bite Out Of Gold?
April 22, 2022 · Robert Levy
Inflation has been the talk of the town for months now. After previously suggesting that price pressures were transitory in nature and likely to pass, the…
- Gold Lower As Stocks Rally
April 21, 2022 · Robert Levy
Gold is lower today as the stock markets move higher. The Dow Jones Industrial Average is up nearly 200 points in early action Thursday as investors shake…
- Steady Stocks Keep Bulls At Bay
April 20, 2022 · Robert Levy
The gold market is off to a quiet start Wednesday. Spot gold is $2.50 per ounce at $1952.60 in early going as investors take a wait and see approach to…
- Stronger Dollar And Higher Yields Fueling Sell-Off
April 19, 2022 · Robert Levy
The gold market is sharply lower today as rising bond yields and a stronger dollar take their toll. Spot gold prices are down by over $25 per ounce at…
- Bulls Knocking On $2000
April 18, 2022 · Robert Levy
The gold bulls are knocking on the $2000 per ounce level today as the yellow metal sees moderate gains in early morning action. Spot gold prices are…
- Gold Taking A Pause
April 14, 2022 · Robert Levy
The gold market is off a few dollars per ounce in early action Thursday as the bulls take a breather. Spot gold prices are down by almost $6 per ounce on…