Market Updates · page 7
- Outside Markets Taking A Toll Today
August 16, 2022 · Robert Levy
Days after hitting the $1800 level, the gold bulls are still struggling to maintain some upside momentum. Spot gold is down today by a few dollars per…
- Gold Dips with China Slowdown
August 15, 2022 · Robert Levy
The gold market is off to a tough start as the trading week gets underway. The yellow metal is being sold off hard today in early action as some…
- Bulls Holding Tight
August 12, 2022 · Robert Levy
The gold market is higher in Friday afternoon action as the bulls continue their push towards the $1800 level. The market is now just over this key level…
- Tame Inflation Reading Sends Gold Lower
August 11, 2022 · Robert Levy
The gold market is higher, albeit not by much, as the markets figure out which way they wanna run in the aftermath of another inflation report that came…
- Don’t Get Too Excited Yet
August 10, 2022 · Robert Levy
The gold market has had a ride this morning as the latest data for the Consumer Price Index was released. According to the U.S. Department of Labor, the…
- Markets Quiet As Inflation Data Awaited
August 9, 2022 · Robert Levy
The gold market is a bit quiet Tuesday as investors await some key inflation data due out this week. On Wednesday, markets will get the latest reading on…
- Bulls Start The Week Off On Right Foot
August 8, 2022 · Robert Levy
The gold market is off to a strong start as the new trading week gets underway. Spot gold is higher by over $11 per ounce in early afternoon action. The…
- A Strong Week With A Weak Finish
August 5, 2022 · Robert Levy
The gold market is ending the trading week on a sour note Friday as prices have declined substantially. Spot gold is down over $15 per ounce as the day…
- Bulls Gearing Up For A Big Test
August 4, 2022 · Robert Levy
The gld market is sharply higher Thursday as risk aversion and chart based buying are featured. The four-week high hit by gold today puts the bulls within…
- Improving Risk Appetite Weighing On Gold Today
August 3, 2022 · Robert Levy
The gold market is taking a breather today as the bulls may have exhausted their near-term energy in recent days. Spot prices are down in late morning…
- Safe Haven Demand Fueling Gains
August 2, 2022 · Robert Levy
The gold market is higher again today as bullish momentum continues to build. Prices hit a nearly four-week high today as increased risk aversion and…
- Bulls Pushing Now
August 1, 2022 · Robert Levy
The laser several days have been interesting for the gold market. It started on Wednesday of last week as the Federal Reserve announced its decision to…
- Bulls Get Some Breathing Room
July 29, 2022 · Robert Levy
The gold bulls are building on the rally of the last few days as the trading week comes to a close. Since the Fed raised rates by another 75-points on…
- Gold Accelerating Higher
July 28, 2022 · Kallen Larsen
The gold market is higher again today, having pushed slightly above the $1750 level. Gloomy economic data is the primary factor in today’s upside, with…
- Gold Higher As Fed Hikes 75 Points
July 27, 2022 · Robert Levy
The Fed raised interest rates on Wednesday for the fourth time in 2022. The Fed lifted rates by .75% while also admitting that the economy is slowing. The…
- IMF Getting Spooked
July 26, 2022 · Robert Levy
Ahead of this week’s FOMC meeting and the likely hike in interest rates that will follow it, the IMF is now warning about the possibility of a global…
- Fed in Spotlight
July 25, 2022 · Robert Levy
The gold market is picking up where it left off last week. Spot gold is down over $8 per ounce in early afternoon action Monday. The market may be…
- A Big Test Ahead
July 22, 2022 · Robert Levy
The question of how gold may fare in the weeks ahead has become increasingly about its ability to tolerate another 75-point rate hike next week. The…
- The Bulls Need A Dollar Break
July 21, 2022 · Robert Levy
Could poor economic data give the gold market a boost? That seems to be the case today as gold rises following a larger-than-expected rise in weekly…
- Gold Could Be Making Large Move Soon
July 20, 2022 · Robert Levy
There has not been much to report on the gold market in recent weeks. The bears did cause prices to slide, however, and the market has been eyeing a test…