gold

Results for gold

PM End of Week Market Commentary - 9/22/2017

On Friday gold rose +6.20 to 1300.50 on moderate volume, while silver climbed +0.04 to 17.04 on light volume.  It was a day of slow recovery for gold, sideways chop for silver.  The buck was down slightly; currency played little part in gold's ...

Discussion - davefairtex - Sep 24 2017 - 6:17am - 0 comments - 0 attachments

PM Daily Market Commentary - 9/22/2017

Gold fell -10.20 [-0.78%] to 1294.30 on very heavy volume, and silver dropped -0.21 [-1.25%] to 17.00 on moderate volume. A steady move higher in the Euro/steady fall in the buck did not support PM at all; gold and silver both made new lows. The ...

Discussion - davefairtex - Sep 22 2017 - 7:11am - 2 comments - 0 attachments

PM Daily Market Commentary - 9/20/2017

Gold fell -10.10 [-0.77%] to 1314.60 on heavy volume, and silver dropped -0.14 [-0.84%] to 17.21 on moderate volume. Today's movements were entirely about the FOMC announcement; the buck charged higher, moving up +0.80%. That tells us that the ...

Discussion - davefairtex - Sep 21 2017 - 3:16am - 2 comments - 0 attachments

PM Daily Market Commentary - 9/19/2017

  Gold rose +3.60 [+0.27%] to 1314.60 on moderately heavy volume, and silver climbed +0.11 [+0.61%] to 17.36 on moderately light volume. The buck dropped -0.28%; currency accounts for gold's move today. Gold's trading range today was ...

Discussion - davefairtex - Sep 20 2017 - 4:54am - 1 comment - 0 attachments

PM Daily Market Commentary - 9/18/2017

Gold fell -12.50 [-0.94%] to 1311.00 on moderately heavy volume, while silver dropped -0.38 [-2.13%] to 17.86 moderate volume. While the buck did move up a bit, today's plunge was not currency related. It appeared as though traders just bailed out ...

Discussion - davefairtex - Sep 19 2017 - 5:42am - 0 comments - 0 attachments

PM End of Week Market Commentary - 9/15/2017

On Friday gold fell -10.10 to 1323.50 on moderately heavy volume, while silver dropped -0.23 to 17.63 on moderately light volume. The metals were under pressure all day – and this time it had nothing to do with currencies. Is it about the FOMC meeting ...

Discussion - davefairtex - Sep 17 2017 - 2:11am - 1 comment - 0 attachments

PM Daily Market Commentary - 9/14/2017

  Gold rose +6.50 [+0.49%] to 1333.60 on moderately heavy volume, while silver climbed +0.03 [+0.14%] to 17.86 moderately heavy volume also. Once again today was about currencies; the buck fell -0.41%, which accounts for the majority of the rally in ...

Discussion - davefairtex - Sep 15 2017 - 5:07am - 7 comments - 0 attachments

PM Daily Market Commentary - 9/13/2017

Gold fell -8.90 [-0.67%] to 1327.10 on moderately heavy volume, while silver dropped -0.14 [-0.78%] to 17.83 on moderately heavy volume also. Today's move in PM was entirely about currencies: the buck blasted through 92 resistance, climbing +0.64 ...

Discussion - davefairtex - Sep 14 2017 - 3:39am - 7 comments - 0 attachments

PM Daily Market Commentary - 9/12/2017

Gold rose +4.30 to 1336.00 on moderately heavy volume, while silver climbed +0.11 to 17.97 on moderately light volume. Both metals fell during Asia and London alongside the Euro, but once the Euro reversed and/or the buck topped out, the metals ...

Discussion - davefairtex - Sep 13 2017 - 4:11am - 3 comments - 0 attachments

PM Daily Market Commentary - 9/11/2017

Gold fell -19.30 to 1331.70 on moderately heavy volume, while silver fell -0.18 to 17.86 on moderate volume. Both metals gapped down at the open in Asia; gold continued moving lower, while silver mostly chopped sideways. A strong rebound in the buck ...

Discussion - davefairtex - Sep 12 2017 - 1:45am - 0 comments - 0 attachments

PM End of Week Market Commentary - 9/8/2017

On Friday gold fell -3.00 to 1351.00 on very heavy volume, while silver dropped -0.16 to 18.03 on moderate volume.  Gold and silver both made new highs during the Asia session, but then reversed alongside the Euro, which topped out at about the same ...

Discussion - davefairtex - Sep 9 2017 - 1:19pm - 5 comments - 0 attachments

PM Daily Market Commentary - 9/7/2017

Gold rose +15.00 [+1.12%] to 1354.00 on very heavy volume, while silver climbed +0.25 [+1.36%] to 18.20 on moderately heavy volume. Currencies played a fairly significant part in the move higher in the metals; mostly it was about the Euro, driven higher ...

Discussion - davefairtex - Sep 8 2017 - 1:18am - 5 comments - 0 attachments

PM Daily Market Commentary - 9/6/2017

Gold fell -5.90 to 1339.00 on heavy volume, while silver inched down -0.01 to 17.95 on moderate volume. It was a relatively quiet day – no dramatic moves in currencies or equities – and PM mostly chopped sideways, with gold dropping a bit towards the ...

Discussion - davefairtex - Sep 7 2017 - 1:15am - 1 comment - 0 attachments

PM Daily Market Commentary - 9/5/2017

Gold rose +15.00 [+1.13%] to 1345.00 on extremely heavy volume, while silver rose +0.16 [+0.93%] to 17.97 on very heavy volume. Today's results combine both the Monday and Tuesday trading sessions: most of the gains came on a gap-up open on Monday, ...

Discussion - davefairtex - Sep 6 2017 - 7:38am - 3 comments - 0 attachments

PM End of Week Market Commentary - 9/1/2017

On Friday gold rose +3.40 to 1330.00 on extremely heavy volume, while silver rose +0.16 to 17.80 on heavy volume. Nonfarm Payrolls disappointed, and that caused a lot of volatility in the buck – first it dropped hard, but then it reversed higher. Gold ...

Discussion - davefairtex - Sep 2 2017 - 2:13pm - 38 comments - 0 attachments

PM Daily Market Commentary - 8/31/2017

Gold rose +12.80 [+0.97%] to 1326.60 on extremely heavy volume, while silver rose +0.15 to 17.64 on moderate volume. The buck tried to rally but failed; gold responded by staging a fairly strong rally. Gold in Euros was up almost 1%, so this wasn't ...

Discussion - davefairtex - Sep 1 2017 - 3:45am - 12 comments - 0 attachments

PM Daily Market Commentary - 8/30/2017

Gold fell -0.80 to 1313.80 on heavy volume, while silver rose +0.12 to 17.50 on heavy volume also. The metals chopped sideways in a narrow range today, a strong performance given a significant [+0.70%] rally in the buck. Not much happened today in ...

Discussion - davefairtex - Aug 31 2017 - 3:05am - 0 comments - 0 attachments

PM Daily Market Commentary - 8/29/2017

Gold fell -0.90 to 1314.60, and silver dropped -0.07, with trading volumes on both metals being the highest in many months. Both metals made new highs, which coincided with new highs in the Euro (120.60)/new lows in the buck (91.55). But once the Euro ...

Discussion - davefairtex - Aug 30 2017 - 1:06am - 7 comments - 0 attachments

PM Daily Market Commentary - 8/28/2017

Gold shot up +19.00 to 1315.50 on exceptionally heavy volume, while silver rose +0.38 to 17.44 also on exceptionally heavy volume. Both metals started their rallies in Asia, but the big breakout started at 10:57 in the US, when traders suddenly started ...

Discussion - davefairtex - Aug 29 2017 - 4:10am - 9 comments - 0 attachments

PM End of Week Market Commentary - 8/25/2017

On Friday gold rose +5.00 to 1296.50 on extremely heavy volume, while silver rose +0.10 to 17.06 on extremely heavy volume also. There was exceptional volatility today, with several spikes both up and down, with the last spike driven by a huge rally in ...

Discussion - davefairtex - Aug 27 2017 - 5:58am - 9 comments - 0 attachments