Gold Gives Up Half of Friday’s Gain

Gold Gives Up Half of Friday’s Gain 11/10/2014 Commentary for Monday, Nov 10, 2014 (www.golddealer.com) – Gold closed down $10.00 at $1159.60 and traded as low as $1155.00 before turning around to finish a bit on the disappointing side considering Friday’s big move higher. Gold has fallen about 16% from…

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Gold Higher on Russian Incursion

Gold Higher on Russian Incursion 11/7/2014 Commentary for Friday, Nov 7, 2014 (www.golddealer.com) – Gold closed up $27.30 today at $1169.60. This jump in price was caused by two factors – first a warming up geopolitical situation as Russian army tanks once again threaten Ukraine – and second the dollar…

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Gold Closes Choppy but Steady

Gold Closes Choppy but Steady 11/6/2014 Commentary for Thursday, Nov 6, 2014 (www.golddealer.com) – Gold closed down $3.10 at $1142.30 in a quiet session which saw the overnight Hong Kong and London market hover right around $1145.00. In today’s gold session prices did touch yesterday’s low ($1137.00) before correcting higher.…

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Tips for Investing in Silver

Tips for Investing in Silver 11/4/2014 The instability of financial markets over the past several years has contributed to a surge of investment in precious metals among investors who once felt comfortable with cash-backed assets. In addition to gold, investments in silver coins and silver bullion are on the rise.…

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Gold Closes Down Slightly Taking a Breather

Gold Closes Down Slightly Taking a Breather 11/4/2014 Commentary for Tuesday, Nov 4, 2014 (www.golddealer.com) – Gold closed down $1.90 at $1167.40 taking a breather but the dollar was only somewhat weaker. It looks very quiet out there which is surprising considering the big short position the paper traders are…

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Gold Modestly Lower on a Stronger Dollar

Gold Modestly Lower on a Stronger Dollar 11/3/2014 Commentary for Monday, Nov 3, 2014 (www.golddealer.com) – Gold closed down $1.80 today at $1169.30 reacting to a very strong dollar and not much follow through from Friday’s big down day which saw gold off $27.00 on the BOJ announcement of further…

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