Commentary for Thursday, Fed 5, 2015 – Gold on the Comex closed down $1.80 in quiet trading at $1262.00 and was somewhat weaker overnight in Hong Kong and London markets. But gold still seems to be treading water – holding the important $1260.00 waiting for more defined news either from Europe…
Commentary for Wednesday, Fed 4, 2015 ( www.golddealer.com) – Gold closed up $4.10 at $1263.80 as the overnight market in London and Hong Kong traded on either side of $1265.00. This flattening out carried through into the domestic market as traders look for new actionable information. Perhaps available this Friday…
If you want to diversify your investment portfolio, consider investing in gold coins . For starters, gold is a bulwark against inflation and actually tends to go up when other investments decline, providing a stabilizing effect for your investment portfolio. Gold coins have a high level of purity and are…
Commentary for Tuesday, Fed 3, 2015 – Gold closed down $16.50 on the Comex today at $1259.70 moving lower as tensions in Europe subside on the shorter term. Gold saw a low today of $1255.80 and seems ready to retest the low ($1254.00) seen last Thursday. Looking at the Gold…
Commentary for Monday, Fed 2, 2015 ( www.golddealer.com) – Gold was weaker in the overnight London and Hong Kong markets by about $10.00 but managed a closing rally in the domestic trade finishing the day off $2.30 at $1276.20. The reason for the late rush might have been a slip…
Jan 30, 2015 | N/A | Inglewood , CA Client’s rating: 4 of 5 I have been doing business with GoldDealer (CNI) for sometime and I have found the telephone people, especially Dana to be outstanding. I appreciate her attitude and the high quality of character that she demonstrates.
Commentary for Friday, Jan 30, 2015 ( www.golddealer.com) – Gold on the Comex closed up $23.90 at $1278.50 recovering from yesterday’s classic overreaction to the possibility of a Fed interest rate hike sooner than later. The bounce to higher ground provided relief to the bulls and further illustrates my point…
Experts have been saying for a long time that placing 5 percent to 10 percent of an investment portfolio in precious metals is a prudent allocation decision—but which precious metal should you invest in? If you want to hedge your investments against inflation, consider gold bullion like the Pamp Suisse…
Commentary for Thursday, Jan 29, 2015 ( www.golddealer.com) – Gold on the Comex today closed down $31.30 at $1254.60. This sharp move to the downside was not unexpected but the trigger was interesting considering the FOMC did a nice job of tiptoeing around the interest rate question yesterday. So down…
Commentary for Wednesday, Jan 28, 2015 ( www.golddealer.com) – Gold on the Comex closed down $5.80 at $1285.90 with little action in the aftermarket so today’s Federal Open Market Committee comments did not create much of a stir. Most did not expect much out of this meeting – but like…