Market Updates · page 12
- Will Russia Negotiate?
February 25, 2022 · Robert Levy
The war in Ukraine has had a profound effect on global markets. Yesterday’s full-on assault by Russian troops opened the door to further sanctions, West…
- Gold Lower As War Under Way
February 24, 2022 · Robert Levy
Its official-Russia has launched a full-scale invasion of Ukraine. After stationing troops along the border for weeks, Russia has now given the order to…
- Bulls Still In Firm Control
February 23, 2022 · Robert Levy
The gold market is higher today as markets digest the Russian invasion of Ukraine. Against a backdrop of bullish fundamentals and technicals, longs…
- The War Watch Continues
February 22, 2022 · Robert Levy
The gold market is trading slightly higher around lunchtime Tuesday as things heat up further between Russia and Ukraine. Gold traded up to an eight-month…
- Gold Sees Mild Pullback To End Exciting Week
February 18, 2022 · Robert Levy
After some exciting upside that saw gold reach $1900 per ounce late this week, the yellow metal pulled back slightly Friday as traders likely chose to…
- Gold Hits $1900
February 17, 2022 · Robert Levy
The gold market is having a strong upside day as prices have hit the $1900 level before taking a breather. The eight-month high in price is likely due to…
- Gold Down As Inflation Up
February 15, 2022 · Robert Levy
The gold market is seeing some moderate selling today as geopolitical tensions have eased-at least for now. The yellow metal is down today despite the…
- Prospects of War
February 14, 2022 · Robert Levy
The gold bulls are out in force Monday as spot prices have risen above key resistance. Gold is now sitting around $1865 in late morning trade and appears…
- Will Inflation Expectations Push Gold Higher?
February 11, 2022 · Robert Levy
The worries over inflation have not abated in recent months. These concerns, rather, have increased significantly in recent weeks. Yesterday’s CPI reading…
- Bulls Gaining Some Ground
February 7, 2022 · Robert Levy
As the new trading week gets underway, the gold bulls are seeing some further bullish momentum. Spot gold prices are up $12.80 per ounce today as equity…
- Gold Holding Above $1800
February 4, 2022 · Robert Levy
The gold market Has seen some reversals today as overnight gains were wiped out following the surprisingly strong jobs data for January. The market has…
- May More Forecasts Be Lowered?
February 3, 2022 · Robert Levy
The gold market is seeing some shifts in expectations for the year ahead. Rising inflation, an increasingly aggressive Fed and other factors may all have…
- Price gains for Gold on short covering
January 31, 2022 · Robert Levy
The gold market is getting the new trading week off to a decent start. Some short covering and bargain hunting has lifted spot gold prices Monday by over…
- Gold Declines As Inflation Fears Take Hold
January 27, 2022 · Robert Levy
The gold market is not having a good day Thursday as spot prices are declining by some $25 per ounce. The selling in gold and silver today is being…
- Some Nerves Ahead Of The Fed
January 26, 2022 · Robert Levy
The gold market is seeing some moderate selling pressure today as investors await the conclusion of the Federal Reserve Policy meeting. Although no action…
- Tensions on the Border
January 24, 2022 · Robert Levy
The gold market is off to a strong start this week as risk aversion drives equity markets sharply lower Monday. The benchmark Dow Jones Industrial Average…
- Bulls Gaining Momentum
January 19, 2022 · Robert Levy
The gold bulls appear to be gaining momentum today, as spot prices are sharply higher in early morning action. Gold is up over $24 per ounce as inflation…
- Higher Dollar and Yields Fueling Gold Decline
January 18, 2022 · Robert Levy
The gold market is lower today as traders return from the long holiday weekend. As the benchmark Dow Jones Industrial Average craters by over 600 points…
- Gold In No Man’s Land
January 14, 2022 · Robert Levy
The gold market is slightly lower in mid-morning trade Friday. The yellow metal is not showing much of a reaction to changing inflation expectations and a…
- Fed Flexibility To Lead Gold Higher
January 13, 2022 · Robert Levy
The gold market saw some relief yesterday as Fed Chairman Jerome Powell testified regarding his nomination to retain his seat as Fed Chair for another…