Gold Remains Choppy and Edgy

Commentary for Wednesday, April 30, 2014 – Gold closed virtually unchanged today off $0.40 at $1295.60. A look at 1st quarter Gross Domestic Product was a surprise today. Expectations were for a 1.1% advance but the number came in at only up 0.1% (attributed to bad weather). This may have…

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Gold Pops Higher Over Ukraine Tension

Commentary for Thursday, April 24, 2014 (www.golddealer.com) – Gold finally moved higher by $6.30 today closing at $1290.50. In early trading however the market was volatile as short paper traders pushed support lower at one point trading as low as $1268.00. The only reason gold would move between a low…

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