gold

Results for gold

PM Daily Market Commentary - 5/24/2017

Gold shot up +11.10 [+0.89%] to 1261.90 on heavy volume, while silver rose +0.17 [+0.97%] to 17.23 on moderately heavy volume. Yesterday's losses in gold were completely reversed, and then some, mostly because of the release of the FOMC ...

Discussion - davefairtex - May 25 2017 - 7:56am - 4 comments - 0 attachments

PM Daily Market Commentary - 5/23/2017

Gold fell -9.70 [-0.77%] to 1250.80 on very heavy volume, while silver dropped -0.10 [-0.55%] to 17.06 on heavy volume. Gold traded sideways in Asia and London, only to start its plunge right when the US market opened. Gold didn't stop falling ...

Discussion - davefairtex - May 24 2017 - 6:09am - 1 comment - 0 attachments

PM Daily Market Commentary - 5/22/2017

Gold climbed +4.80 [+0.38%] to 1260.50 on heavy volume, while silver shot up +0.32 [+1.87%] to 17.16 on moderately heavy volume. Silver clearly led the move higher, breaking out to new highs; whatever force that had decided to hammer silver last ...

Discussion - davefairtex - May 23 2017 - 5:58am - 2 comments - 0 attachments

PM End of Week Market Commentary - 5/19/2017

On Friday gold moved up +8.90 [+0.71%] to 1255.70 on moderately heavy volume, while silver rose +0.27 to 16.84 on moderate volume. A big drop in the buck [-0.76%] helped gold and silver to rally; the buck made new lows, and gold recouped more than ...

Discussion - davefairtex - May 21 2017 - 3:08pm - 8 comments - 0 attachments

PM Daily Market Commentary - 5/18/2017

Gold fell today, dropping -14.40 [-1.14%] to 1246.80 on exceptionally heavy volume, while silver was crushed, dropping -0.32 [-1.92%] to 16.57 on very heavy volume. Silver appeared to have been under heavy selling pressure today, repeatedly pounded ...

Discussion - davefairtex - May 19 2017 - 4:00am - 0 comments - 0 attachments

PM Daily Market Commentary - 5/17/2017

Gold screamed higher, charging up +24.40 [+1.97%] to 1261.20 on exceptionally heavy volume, while silver rose just +0.05 to 16.89 on very heavy volume. The move today was all about the big move lower in US equities as well as a fall in the buck, driven ...

Discussion - davefairtex - May 18 2017 - 2:10am - 4 comments - 0 attachments

PM Daily Market Commentary - 5/16/2017

Gold rose +6.30 [+0.51%] to 1236.80 on moderately heavy volume, while silver climbed +0.22 [+1.35%] to 16.84 on moderate volume. A plunging dollar [-0.82%] appeared to help both gold and silver to rally, and in fact, gold's entire move today was ...

Discussion - davefairtex - May 17 2017 - 3:41am - 14 comments - 0 attachments

PM Daily Market Commentary - 5/15/2017

Gold rose +2.30 to 1230.50 on moderate volume, while silver climbed +0.16 to 16.62 on moderately heavy volume. Both metals rallied hard until just after 9am in New York, and then steadily sold off for the remainder of the day.   I have no idea what the ...

Discussion - davefairtex - May 16 2017 - 7:05am - 0 comments - 0 attachments

PM End of Week Market Commentary - 5/12/2017

On Friday gold moved up +2.80 at 1227.80 on moderate volume, while silver rose +0.14 to 16.46 on moderate volume also. A brisk plunge in the buck didn't seem to help gold much; gold ran into selling at the 9 EMA, while silver, unencumbered by the ...

Discussion - davefairtex - May 14 2017 - 1:38pm - 4 comments - 0 attachments

PM Daily Market Commentary - 5/11/2017

Gold rose +5.20 to 1225.00 on heavy volume, while silver climbed +0.13 to 16.32 on moderate volume. Look at that – a more than one-penny rise in silver. Party starts now. Gold started moving higher in Asia, and climbed steadily right into the close ...

Discussion - davefairtex - May 12 2017 - 4:00am - 2 comments - 0 attachments

PM Daily Market Commentary - 5/10/2017

Gold fell -2.20 to 1219.10 on moderately heavy volume, while silver rose +0.01 to 16.19 on moderately heavy volume also.  It was a relatively quiet day; trading ranges for PM components and currencies were narrow.  Not much happened. In Asia, gold ...

Discussion - davefairtex - May 11 2017 - 3:57am - 8 comments - 0 attachments

PM Daily Market Commentary - 5/9/2017

Gold fell -4.90 to 1221.30 on very heavy volume, while silver dropped -0.05 to 16.18 on moderate volume. It was a second strong day for the buck, and a weak day for the metals. Gold made a new low in Asia to 1214.30, and looked as though it was ...

Discussion - davefairtex - May 10 2017 - 3:01am - 4 comments - 0 attachments

PM Daily Market Commentary - 5/8/2018

Gold fell -2.20 to 1226.20 on moderately heavy volume, while silver dropped -0.11 [-0.64%] to 16.23 on moderate volume. A strong rise in the buck, and a sharp rise in rate-increase chances provided headwinds for PM today.  Macron's election victory ...

Discussion - davefairtex - May 9 2017 - 4:01am - 8 comments - 0 attachments

PM End of Week Market Commentary - 5/5/2017

On Friday gold was unchanged at 1228.40 on moderate volume, while silver rose +0.01 to 16.34 on moderate volume also. Gold and silver both sold off early, but buyers appeared, giving silver its first positive day (by a penny!) over the last 15 trading ...

Discussion - davefairtex - May 7 2017 - 12:54am - 3 comments - 0 attachments

PM Daily Market Commentary - 5/4/2017

Gold fell -10.10 [-0.82%] to 1228.40 on very heavy volume, while silver fell -0.15 [-0.91%] to 16.33 on heavy volume. A sharply falling buck did nothing to help PM. Gold started dropping in Asia, making its day low of 1225.70 just before the US ...

Discussion - davefairtex - May 5 2017 - 5:54am - 3 comments - 0 attachments

PM Daily Market Commentary - 5/3/2017

Gold plunged -19.30 [-1.53%] to 1238.50 on heavy volume, while silver dropped -0.34 [-2.17%] to 16.48 on moderately heavy volume. Both gold and silver sold off prior to the FOMC announcement at 2pm; after a brief headfake higher, the sell-off continued, ...

Discussion - davefairtex - May 4 2017 - 5:18am - 11 comments - 0 attachments

PM Daily Market Commentary - 5/2/2017

Gold rose +0.40 to 1257.80 on moderately heavy volume, while silver dropped -0.03 to 16.84 on moderate volume. Both gold and silver made new lows, but the trading ranges were relatively narrow. Not to spoil the surprise, but really not much happened ...

Discussion - davefairtex - May 3 2017 - 5:12am - 7 comments - 0 attachments

PM Daily Market Commentary - 5/1/2017

Gold fell -12.10 [-0.95%] to 1257.40 on moderately heavy volume, while silver plunged -0.35 [-2.03%] to 16.87 on moderately heavy volume also. While PM was hit for a small loss in the Asia session, most of the damage came after the US market opened.  ...

Discussion - davefairtex - May 2 2017 - 4:59am - 1 comment - 0 attachments

PM Daily Market Commentary - 4/28/2017

On Friday gold rose +4.10 to 1269.50 on moderate volume, while silver fell -0.07 to 17.22 on moderate volume also. Gold staged a modest rally; silver attempted to rally too but failed, and ended up making a new low. The gold/silver ratio continued to ...

Discussion - davefairtex - Apr 30 2017 - 3:57am - 11 comments - 0 attachments

PM Daily Market Commentary - 4/27/2017

Gold fell -5.30 to 1265.40 on moderate volume, while silver dropped -0.25 to 17.29 on very heavy volume. Gold lost all of yesterday's rally, while silver was sold hard, and ended up plunging to new lows.  This marks 9 straight days down for silver ...

Discussion - davefairtex - Apr 28 2017 - 3:48am - 4 comments - 0 attachments