You may be able to discover a treasure at yard sales and flea markets if you know how to tell real gold from fake. You can also look for a stamp or other marking on the gold that will indicate a carat value. Any green or black spots on the…
Commentary for Wed, Jan 21, 2015 ( www.golddealer.com) – Gold finally closed down virtually unchanged – off $0.50 at $1293.70. But the action was telling because in early trading it saw follow through momentum from yesterday’s big move to the upside. At one time gold reached $1307.00 before profit taking…
Commentary for Tuesday, Jan 20, 2015 ( www.golddealer.com) – Gold closed up $17.30 at $1294.20 so momentum is in the bull’s corner – for now – and the technical picture for gold short term is solid. This strong finish after the US holiday on Monday is not surprising considering the…
The American Eagle is one of the most popular bullion coin collections. The American Gold Eagle Bullion program was launched in 1986 with the sale of gold and silver bullion coins . Platinum was added to the American Eagle Bullion family in 1997. These coins are available in a wide…
Commentary for Friday, Jan 16, 2015 – Gold closed on the Comex today up $12.20 at $1276.90 which looks like a 4 month high. Gold traded flat overnight in Hong Kong and London but moved into higher area on the opening of the domestic market. This is probably due to…
Commentary for Thurs, Jan 15, 2015 ( www.golddealer.com) – Gold on the Comex today closed up $30.30 at $1264.70 with a slightly weaker aftermarket. It was quiet in overnight Hong Kong trading but jumped during the London session and saw strong follow through into domestic COMEX trading. This push to…
Commentary for Tues, Jan 13, 2015 ( www.golddealer.com) – Gold on the COMEX closed up $1.60 at $1234.30 – that’s the good news. The bad news is that gold reached an intraday high of $1245.00 but gave up most of its gains before the session close. Still this close is…
Commentary for Mon, Jan 12, 2015 ( www.golddealer.com) – Gold on the COMEX closed up $16.70 to $1232.70 so there was follow-through after Friday’s $7.60 gain. And we saw another dollar or two in the aftermarket so it’s not that gold is sleeping. So we have a positive bias in…
Commentary for Wednesday, Dec 17, 2014 (www.golddealer.com) – Gold closed down $0.40 to close at $1194.30 and the aftermarket was quiet as the much anticipated meeting of the Federal Open Market Committee seemed to indicate that it would not change its time table relative to raising interest rates. Believe it…
Commentary for Tuesday, Dec 16, 2014 (www.golddealer.com) – Gold closed down $13.30 at $1193.90 confirming yesterday’s weak aftermarket. Actually I was surprised today’s loss was not worse considering the collapse in the ruble which traded at 80 to the dollar. The talk about revolution in Russia is nonsense – Putin…