The gold market has continued to exhibit strength in recent trade even as stocks have been buoyant. It seems as if many investors now understand what is happening in the global economy and marketplace and are looking to plan ahead for a major economic slowdown and rising inflation. The gold market stands firmly above […]
The gold market has remained the topic of much speculation and excitement as prices have thus far maintained trade at or over the $1800 level for a few days. With the market now at a nine-year high, some are even asking about the potential for $5000 or even $10,000 gold prices. Sharply higher gold […]
The gold market is seeing fresh buying interest entering the market in the early stages of the trading week. Gains on Tuesday have put the yellow metal at the springtime highs, and the market is showing some significant signs of strength. An $1800 print in gold could be seen, and that could even be seen […]
The markets seem to have picked up right where they left off at the end of last week. Last night saw U.S. stock index futures sharply lower, with the Dow dropping by some 700 points. Those declines did not stay, however, as investors saw opportunity throughout the trading session. Stocks are now sharply higher in […]
The gold market continues to take its cues from the stock market and global appetite for risk. As stocks rallied sharply on Wednesday, the yellow metal took a dive, dropping by nearly $30 per ounce to $1699. The decline took the metal below the significant $1700 level and could point to further weakness ahead. […]
U.S. markets are on a tear Tuesday as investors return from the Memorial Day holiday weekend. Investors appear to be feeling less anxious, as the benchmark Dow Jones Industrial Average is up nearly 700 points for a gain of nearly three percent. Hopes for an economic recovery and fresh news about a potential COVID-19 vaccine […]
The gold market is slightly lower in early Monday action as key outside markets pressure the yellow metal. In early action, the dollar is higher while crude oil prices are lower. Stocks are also moving lower, with the benchmark Dow Jones Industrial Average down over 150 points in early action. A major theme this […]
The gold market is slightly higher today as investors again shed stocks and risk appetite shrinks. In mid-am action, the benchmark Dow Jones Industrial Average is down by nearly 200 points as investors consider the ongoing spread of COVID-19 and the recent Berkshire Hathaway move that saw the company dump all its airline holdings. […]
The gold market is off to a quiet start as the new trading week gets underway. The yellow metal is up about $1.80 per ounce in early afternoon trade as stocks see renewed selling pressure while crude oil plunges. The oil market, in fact, traded for below $1.00 per barrel for the first time ever, […]
The trading week has gotten off to a strong start for equity investors. On Monday, the benchmark Dow Jones Industrial Average gained nearly 700 points for a gain of over 3% for the day. The question many investors may now be asking is whether recent gains might last. As the world continues to deal […]
CAD ($)
USD ($)
