Gold Continues Steady

Gold Continues Steady 12/4/2014 Commentary for Thursday, Dec 4, 2014 (www.golddealer.com) – Gold closed down $1.00 at $1207.50 after some theater from Mario Draghi. Traders were listening carefully to what ECB President Mario Draghi had to say about Europe – the European Union – the euro and finally their collective…

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Gold Higher on Mild Bargain Hunting

Gold Higher on Mild Bargain Hunting 12/3/2014 Commentary for Wednesday, Dec 3, 2014 (www.golddealer.com) – Gold closed up $9.50 at $1208.50 even though the Dollar Index surged higher which means we might be seeing some bargain hunting above $1200.00 as hard as that might be to believe. Again watching the…

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Gold Closes Lower as the Dollar Strengthens

Gold Closes Lower as the Dollar Strengthens 12/2/2014 Commentary for Tuesday, Dec 2, 2014 (www.golddealer.com) – Gold closed down $18.80 today at $1199.30 throwing a bit of cold water on yesterday’s rally. This market is the perfect storm for rattling everyone’s nerves because there are a number of longer term…

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Gold Rebounds from Swiss Referendum Sell Off

Gold Rebounds from Swiss Referendum Sell Off 12/1/2014 Commentary for Monday, Dec 1, 2014 (www.golddealer.com) – Gold closed up $42.80 at $1218.00 as the aftermarket sell off on Sunday was corrected in the domestic US market. Gold’s initial weakness began last Friday (down $21.00) and the lower trend was reinforced…

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