Blog · page 15
- Gold Sees Slight Rally On Short Covering
September 29, 2021 · Robert Levy
The gold market is seeing some minor buying activity as shorts look to cover some positions. The yellow metal is still quite a ways from the $1800 level…
- A Slow Start
September 27, 2021 · Robert Levy
The gold market is off to a slow start as the new trading week gets underway. Spot prices are little moved from unchanged, trading up some thirty cents…
- Focusing On The Long-Term
September 23, 2021 · Robert Levy
The gold market remains weak today following a variety of data that could allow the Fed to move forward with its tapering plans this year. Despite the…
- Can Gold Hold Its Gains
September 21, 2021 · Robert Levy
The gold market is trying to hold onto some gains following a hectic day yesterday. The markets do appear to remain nervous, however, stocks are in the…
- Risk Aversion Monday
September 20, 2021 · Robert Levy
The markets are off to a rough start in early action Monday as stocks sink. Investors are becoming increasingly concerned about a Chinese property…
- Gold Chart Deteriorating
September 16, 2021 · Robert Levy
The gold market is down in early action Thursday and down hard. Spot prices are lower by some $42 per ounce as futures traders play the short side…
- Market On Standby for Tomorrow’s Inflation Data
September 13, 2021 · Robert Levy
The gold market is off to a stronger start in mid-am trade Monday. After being down earlier in the session, the bulls have circled up and driven prices…
- Gold Testing Resistance After Jobs Miss
September 3, 2021 · Robert Levy
The gold market is surging higher following the latest jobs data which showed a dramatic miss. The non-farm payrolls data for August showed just 235,000…
- Central Banks Still Buying
September 1, 2021 · Border Gold Corp.
Recent data from the World Gold Council suggests that global central banks remain strong buyers of gold. Global central banks added just over 30 tons in…
- Key Outside Markets Playing a Role Ahead
August 30, 2021 · Border Gold Corp.
The gold market is off to a quiet start as the new trading week gets underway. As the unofficial last week of summer gets started, markets will be looking…
- Tapering Yes, Rates No?
August 27, 2021 · Robert Levy
The highly anticipated speech by Fed Chairman Jerome Powell hit the wires earlier Friday. Powell seemingly suggested that the central bank is strongly…
- Competition Now Biggest Obstacle To Higher Gold
August 26, 2021 · Robert Levy
The gold market is thus far not showing much reaction to the Fed symposium taking place in Wyoming this week. More than one Fed official has, thus far…
- The Importance of Gold With Inflation
August 24, 2021 · Border Gold Corp.
The gold bulls have always suggested that the yellow metal is a must have during periods of heightened inflationary pressures. Some have even called gold…
- Recurring Delta Influence
August 23, 2021 · Robert Levy
The gold market is up strongly in early action Monday as the metal looks to retake the key $1800 level. The upside in gold being seen in early trade today…
- Tapering Is Coming
August 20, 2021 · Robert Levy
The Fed has been laying the groundwork of late as to its plans for removing stimulus tools. The central bank is very unlikely to allude to such removal at…
- Gold Boosted By Weaker Data
August 17, 2021 · Robert Levy
The gold market is testing some resistance just below the key resistance level of $1800 following some weaker than expected economic data. The latest data…
- Federal Reserve on Hold
August 16, 2021 · Robert Levy
The gold market is seeing some moderate buying in early action Monday as the new trading week gets underway. The rise in gold is being attributed to a…
- Flash Crash
August 9, 2021 · Robert Levy
After an overnight flash crash of sorts, the gold and silver markets are trying to stabilize in early Monday trade. Following Friday’s large slump, both…
- Data Seen As Bullish for Gold
July 29, 2021 · Robert Levy
The gold bulls are putting some significant distance between prices and the $1800 level today. Following the release of the latest reading on second…
- Fed To Keep Foot To Pedal For Now
July 28, 2021 · Robert Levy
The U.S. Federal Reserve announced today that it plans to keep its foot on the gas pedal, maintaining its current rate policy along with its monthly…