Market Updates · page 11
- Bulls Still In Charge
April 4, 2022 · Robert Levy
The gold bulls are still in firm control of the market as prices rose Monday to kick off the new trading week. The yellow metal rose today on stronger…
- Gold Higher As Inflation Remains Problematic
March 31, 2022 · Robert Levy
The gold market is moderately higher in early action Thursday as the latest reading of inflation remains stubbornly high. The yellow metal is moving up as…
- Gold Higher As Crude Oil Gains
March 30, 2022 · Robert Levy
The gold market is higher in mid-morning trade Wednesday as crude oil sees some upside. The metals are also seeing some corrective bouncing after being…
- Down But Far From Out
March 29, 2022 · Kallen Larsen
The gold market has had a tough day. Prices for gold fell by over $25 per ounce at the lows of the session as investor appetite for risk is higher today.
- Rising Yields, Weaker Crude Sink Gold
March 28, 2022 · Robert Levy
The gold market is getting the week started off on the wrong foot as prices are moderately weaker at lunchtime Monday. Spot gold is down over $20 per…
- Corrective Pullback As Expected
March 25, 2022 · Robert Levy
The gold market is lower today in mid-morning action as longs book some profits following recent strong gains. Despite being down by over $10 per ounce…
- Gold Higher As Crude Climbs
March 23, 2022 · Robert Levy
The gold market is on the offensive today as crude oil prices continue their recent ascent. Crude prices are up by nearly $5 per barrel in late morning…
- Bears Trying Hard
March 22, 2022 · Robert Levy
The gold market is lower in early action today as recent commentary from Fed Chairman Jerome Powell is being viewed as more hawkish than anticipated.
- Bulls Buy The Dip
March 21, 2022 · Robert Levy
The gold market is higher in early afternoon trade as the earlier dip was scooped up by bargain-hunting bulls. Spot prices are up over $10 per ounce…
- Gold Rebounds On Bargain Hunting And Short Covering
March 17, 2022 · Robert Levy
Following consecutive days of losses, the gold market saw a sharp rebound today. Spot prices rose by some $12.90 in mid-afternoon trade. As inflation…
- Fed A Non-Event?
March 16, 2022 · Robert Levy
The conclusion of the latest FOMC policy meeting has now come and gone. As expected, the central bank raised its Fed Funds rate by 25-basis points in what…
- Downside Momentum Building
March 15, 2022 · Robert Levy
The gold market is lower again today as the bears see some momentum building. While gold is well above the lows of the session, spot prices are still down…
- Does Another Big Down Day Signify Trouble?
March 14, 2022 · Robert Levy
After getting hammered late last week, the gold market is sharply lower again today to begin the new trading week. Spot gold prices are down…
- Still Under Pressure
March 11, 2022 · Robert Levy
Despite some seemingly bullish data released this morning, the gold market remains on the defensive following yesterday’s large sell-off. Spot prices are…
- What Goes Up Often Comes Down
March 9, 2022 · Robert Levy
After hitting fresh all-time highs for a brief period yesterday, the gold bulls appear to be booking some profits today following the recent sharp run…
- Was Only A Matter Of Time
March 8, 2022 · Robert Levy
The gold market hit a new all-time high today as risk aversion remains strong. News of a ban on Russian oil imports is playing a role today and the price…
- Bulls Gaining Momentum As Uncertain Weekend Looms
March 4, 2022 · Robert Levy
The gold market is sharply higher in early action Friday as the war in Europe intensifies. The markets have also seen the latest non-farm payrolls data…
- Gold Flat As Risk Aversion Remains Elevated
March 3, 2022 · Robert Levy
The gold market had gotten the day off to a strong start, rising by several dollars per ounce. That initial strength quickly dissipated, however, once…
- Bulls Showing Force
March 1, 2022 · Robert Levy
The gold market is sharply higher at lunchtime Tuesday as keener risk aversion and anxiety continue to plague markets. The gold bulls have overtaken key…
- Gold Rises As Anxieties Increase
February 28, 2022 · Robert Levy
The gold market is showing some strong upside in early action Monday as the new trading week gets underway. The general sense of “risk-off” is being…