gold

Results for gold

PM Daily Market Commentary - 7/6/2015

Gold rose +4.10 to 1169.30 on moderate volume, and silver climbed +0.07 to 15.72 on light volume.  Gold opened higher in Asia probably as a result of the Greek referendum results, but was unable to move higher.  Silver looked a bit stronger, but neither ...

Discussion - davefairtex - Jul 7 2015 - 3:26am - 1 comment - 0 attachments

PM End of Week Market Commentary - 7/3/2015

On Friday, the US market was closed for the 4th of July weekend. On the week, gold fell -8.50 [-0.72%], silver fell -0.10 [-0.60%], GDX dropped -2.54% and GDXJ lost -4.10%.  It was another bad week for PM. Gold rallied briefly on the news out of ...

Discussion - davefairtex - Jul 4 2015 - 11:33am - 4 comments - 0 attachments

PM Daily Market Commentary - 7/2/2015

Gold fell -2.60 to 1165.20 on moderately heavy volume, and silver rose +0.13 to 15.65 on moderately light volume.  Gold sold off steadily starting in Asia and London, only to rally sharply immediately following the Nonfarm Payrolls report at 0830 EDT, ...

Discussion - davefairtex - Jul 3 2015 - 2:40am - 20 comments - 0 attachments

PM Daily Market Commentary - 7/1/2015

Gold fell -4.30 to 1167.80 on moderately light volume, and silver dropped -0.14 to 15.52 on moderately light volume also.  Both metals sold off slowly for most of the day; the strong move in the dollar was probably to blame. Although gold avoided ...

Discussion - davefairtex - Jul 2 2015 - 2:45am - 5 comments - 0 attachments

PM Daily Market Commentary - 6/30/2015

Gold fell -7.50 to 1172.10 on moderately heavy volume, and silver dropped -0.09 to 15.66 on heavy volume. Both metals sold off, with both gold and silver making new cycle lows just after 11:00 EDT, after which both rebounded substantially, although the ...

Discussion - davefairtex - Jul 1 2015 - 3:02am - 0 comments - 0 attachments

PM Daily Market Commentary - 6/29/2015

Gold rose +5.90 to 1179.60 on moderately heavy volume, and silver rose +0.01 to 15.76 on heavy volume.  Both metals gapped up higher at the open in Asia driven higher by the Greek default news, but were then sold all day long. Based on gold's ...

Discussion - davefairtex - Jun 30 2015 - 4:22am - 9 comments - 0 attachments

PM End of Week Market Commentary - 6/26/2015

On Friday, gold rose +1.30 to 1173.70 on moderately light volume, while silver dropped -0.06 to 15.74 on heavy volume.  Silver was hit at around 3am EDT, with silver plunging 35 cents to 15.45 on a huge spike lower.  Gold made its low right before US ...

Discussion - davefairtex - Jun 27 2015 - 2:31pm - 5 comments - 0 attachments

PM Daily Market Commentary - 6/25/2015

Gold fell -1.80 to 1172.40 on moderately light volume, while silver fell -0.05 to 15.81 on moderately heavy volume.  Both metals traded mostly sideways and lower in a narrow range.  Trading was relatively quiet. Gold managed to avoid making a new ...

Discussion - davefairtex - Jun 26 2015 - 4:06am - 3 comments - 0 attachments

PM Daily Market Commentary - 6/25/2015

Gold fell -1.80 to 1172.40 on moderately light volume, while silver fell -0.05 to 15.81 on moderately heavy volume.  Both metals traded mostly sideways and lower in a narrow range.  Trading was relatively quiet. Gold managed to avoid making a new ...

Discussion - davefairtex - Jun 26 2015 - 4:04am - 0 comments - 0 attachments

PM Daily Market Commentary - 6/24/2015

Gold fell -3.60 to 1174.20 on moderate volume, while silver rose +0.05 to 15.85 on heavy volume.  Gold made a new low on the day, touching 1168.10 about an hour before NY market open, and spent the rest of the day struggling to bounce back.  Silver ...

Discussion - davefairtex - Jun 25 2015 - 10:50am - 0 comments - 0 attachments

PM Daily Market Commentary - 6/23/2015

Gold fell -7.60 to 1177.80 on moderate volume, while silver dropped -0.33 to 15.81 on very heavy volume.  Gold generally sold off for most of the day, while silver was hit hard just after 9am EDT and more or less never recovered.  Silver marked a new ...

Discussion - davefairtex - Jun 24 2015 - 3:32am - 1 comment - 0 attachments

PM Daily Market Commentary - 6/22/2015

Gold fell -14.40 to 1185.40 on moderate volume, while silver rose +0.09 to 16.14 on very heavy volume.  Gold started selling off in Asia, through London, marking low of 1181.60 in NY at around 10 am EDT.  It didn't bounce much into the close.  ...

Discussion - davefairtex - Jun 23 2015 - 5:39am - 0 comments - 0 attachments

PM End of Week Market Commentary - 6/19/2015

On Friday, gold fell -1.20 to 1199.80 on light volume, while silver dropped -0.08 to 16.05 on moderately light volume.  Gold took a rest after yesterday's big move higher, while silver spiked lower at 11:00 EDT, rebounded, but then faded by end of ...

Discussion - davefairtex - Jun 20 2015 - 1:33pm - 3 comments - 0 attachments

PM Daily Market Commentary - 6/18/2015

Gold shot higher today, up +16.40 to 1201.00 on very heavy volume, while silver climbed +0.05 to 16.13 on very heavy volume as well.  PM started climbing in London and didn't really stop until noon in NY.  Was this a delayed reaction to the FOMC ...

Discussion - davefairtex - Jun 19 2015 - 2:04am - 5 comments - 0 attachments

PM Daily Market Commentary - 6/17/2015

Gold rose +3.50 to 1184.60 on moderately light volume, while silver climbed +0.17 to 16.08 on moderate volume.  As expected, the FOMC meeting provided volatility but it was largely PM friendly, with analysts summarizing the tone of the meeting as ...

Discussion - davefairtex - Jun 17 2015 - 10:56pm - 3 comments - 0 attachments

PM Daily Market Commentary - 6/16/2015

Gold fell -4.50 to 1181.10 on moderately light volume, while silver dropped +0.06 to 15.97 on moderately light volume also.  PM was hit at around 9 am EDT but rallied back - still the bias was down on the day.  Mostly, PM has been trading sideways for ...

Discussion - davefairtex - Jun 17 2015 - 2:10am - 0 comments - 0 attachments

PM Daily Market Commentary - 6/15/2015

Gold rose +5.00 to 1185.60 on moderate volume, while silver climbed +0.11 to 16.03 on heavy volume.  PM was all over the map today, with gold down during European trading hitting a low of 1172, and then rocketing higher in the late morning in NY to ...

Discussion - davefairtex - Jun 16 2015 - 4:32am - 0 comments - 0 attachments

PM End of Week Market Commentary - 6/12/2015

On Friday, gold fell -0.90 to 1180.60 on light volume, while silver dropped -0.06 to 15.93 on moderate volume. Both metals sold off, and then recovered most of their losses by end of day. On the week, gold ended up +8.80 [+0.75%], silver dropped ...

Discussion - davefairtex - Jun 13 2015 - 4:50am - 12 comments - 0 attachments

PM Daily Market Commentary - 6/11/2015

Gold fell -3.50 to 1181.50 on moderate volume, and silver rose +0.01 to 15.99 on heavy volume.  PM sold off a bit prior to the NY open, making its day low right at 08:30 at the time of the release of the Retail Sales report, which came in relatively ...

Discussion - davefairtex - Jun 12 2015 - 12:38am - 2 comments - 0 attachments

PM Daily Market Commentary - 6/10/2015

Gold rose +9.30 to 1185.00 on moderate volume, and silver climbed +0.07 to 15.98 on moderately heavy volume.  Both metals tried rallying again today - gold had some success, while silver once again sold off during the NY session losing most of its ...

Discussion - davefairtex - Jun 11 2015 - 5:17am - 14 comments - 0 attachments