Commentary for Friday, July 25, 2014 – Gold closed higher by $12.50 at $1303.10 going into the weekend. The gold market continues to drift since Thursday’s loss but today’s higher close is encouraging. The overnight gold market in Hong Kong and London did develop a slight upward bias which continued…
Commentary for Thurs, July 24, 2014 (www.golddealer.com) – Gold closed down $13.90 today at $1290.60 giving up the important $1300.00 support as US weekly unemployment numbers came back better than expected, with just 284,000 registering, while the forecast was for 310,000. This was the lowest reading since February 2006 and…
Commentary for Wed, July 23, 2014 – Gold closed down $1.60 at $1304.50 in another uneventful trading session. The overnight markets in gold were completely flat – Hong Kong and London trading in a $5.00 range which continued into our domestic market. This even with the news that two Ukrainian…
It’s never too early (or too late) to start investing in your future. And when it comes to retirement investing, experts recommend having a diverse investment portfolio. While there are certainly benefits to investing in real estate and IRA accounts, precious metals can protect your hard-earned wealth from the ravages…
Commentary for Tuesday, July 22, 2014 (www.golddealer.com) – Gold closed down $7.60 today at $1306.10 so we have seen a kind of mixed market these last few days with some short term profit taking as the dollar strengthened. The Dollar Index (80.78) has been trending higher since Monday so this…
Commentary for Monday, July 18, 2014 (www.golddealer.com) – Gold showed just mild gains today moving higher by $4.50 to close at $1313.70. And the overnight trading pattern remained modest – within an $8.00 trading band from Hong Kong and London into the domestic market. So escalation in Gaza and continued…
Minted from 1899 to 1914, the French 20 franc Gold Rooster is one of the most popular gold coins in Europe. These traditional French gold coins display the Gallic Rooster, or Coq Gaulois, which has been one of the national symbols of France since the Middle Ages. Although the French…
Commentary for Friday, July 18, 2014 (www.golddealer.com) – Gold closed down $7.50 at $1309.20 which makes for a $28.00 loss on the week – pretty uneventful pricing – in light of all the international turmoil. Silver closed down $0.25 at $20.83 and we are selling the Bison and Antelope (Canadian…
Commentary for Thursday, July 17, 2014 (www.golddealer.com) – Gold closed up $17.10 at $1316.70 on this tragic day. The big upward move in gold was obviously due to the Malaysian tragedy. A commercial jetliner flying from Amsterdam to Kuala Lumpur was shot down by what appears to be a surface…
Most people who invest in precious metals choose between gold and silver. While both gold and silver are strategic precious metal investments, they vary from each other in quite a few ways, and both hold pros and cons to different types of investors. To help you decide which precious metal…