gold

Results for gold

PM End of Week Market Commentary - 2/16/2018

On Friday gold fell -6.90 [-0.51%] to 1349.40 on moderate volume, while silver dropped -0.21 [-1.28%] to 16.61 on very heavy volume. I blame the buck for this move; the dollar made a new low to 87.94 but then bounced fairly strongly, rising +0.57% on ...

Discussion - davefairtex - Feb 17 2018 - 8:48am - 1 comment - 0 attachments

PM Daily Market Commentary - 2/15/2018

Gold moved up +2.70 [+0.20%] to 1356.30 on moderate volume while silver was unchanged at 16.82 on heavy volume. Since the buck fell -0.56%, and it appears to be quite close to a breakdown, the lukewarm rally in gold and the flat day in silver suggests ...

Discussion - davefairtex - Feb 16 2018 - 12:08am - 4 comments - 0 attachments

PM Daily Market Commentary - 2/14/2018

Gold shot up +21.60 [+1.62%] to 1353.60 on very heavy volume, while silver rallied +0.29 [+1.75%] also on very heavy volume. The buck, in turn, plunged -0.66% - but the buck wasn't the reason for the rally in PM. To me, it was all about the ...

Discussion - davefairtex - Feb 14 2018 - 11:24pm - 3 comments - 0 attachments

PM Daily Market Commentary - 2/13/2018

Gold rose +6.90 [+0.52%] to 1332.00 on moderately light volume, while silver moved up just +0.03 [+0.18%] to 16.54 on moderately heavy volume. The dollar fell substantially, dropping -0.58% - this makes the metals rally look a bit lackluster, especially ...

Discussion - davefairtex - Feb 13 2018 - 11:37pm - 4 comments - 0 attachments

PM Daily Market Commentary - 2/12/2018

Gold rose +6.90 [+0.52%] to 1325.10 on moderately light volume, while silver rallied +0.20 [+1.26%] to 16.50 on moderately heavy volume. A relatively modest drop in the buck [-0.28%] helped the metals to rally to some degree, but it felt like a more ...

Discussion - davefairtex - Feb 13 2018 - 3:09am - 0 comments - 0 attachments

PM End of Week Market Commentary - 2/9/2018

On Friday gold fell -2.60 [-0.20%] to 1318.20 on moderately heavy volume, while silver dropped -0.07 [-0.43%] to 16.30 on heavy volume. However, gold and silver were just a sideshow on a day where SPX had a 110 point trading range. This week the PM ...

Discussion - davefairtex - Feb 10 2018 - 1:25pm - 6 comments - 0 attachments

PM Daily Market Commentary - 2/8/2018

Gold rose +0.20 [+0.02%] to 1320.80 on moderately heavy volume, while silver rose +0.05 [+0.31%] to 16.37 on very heavy volume. While almost everything else fell today, PM managed to remain mostly even. Should gold have done better on a day when SPX ...

Discussion - davefairtex - Feb 9 2018 - 2:43am - 7 comments - 0 attachments

PM Daiiy Market Commentry - 2/7/2018

Gold dropped -6.30 [-0.47%] to 1320.60 on moderate volume, while silver plunged -0.27 [-1.60%] to 16.32 on extremely heavy volume. A strong rally in the buck [+0.73%] helped to cause a sharp drop across the commodity complex: copper, palladium, ...

Discussion - davefairtex - Feb 8 2018 - 6:21am - 0 comments - 0 attachments

PM Daily Market Commentary - 2/6/2018

  Gold fell -15.60 [-1.16%] to 1326.90 on heavy volume, while silver dropped -0.11 [-0.66%] on heavy volume also. Equities recovered, bonds plunged, and the buck ended up mostly unchanged. Gold rallied early in Asia, but then spent the rest of ...

Discussion - davefairtex - Feb 7 2018 - 7:18am - 0 comments - 0 attachments

PM Daily Market Commentary - 2/5/2018

Gold rose +7.30 [+0.55%] to 1342.50 on moderate volume, while silver climbed +0.14 [+0.85%] to 16.70 on moderately heavy volume. However, today was all about equities – SPX was just crushed, falling -4.10%, wiping out a month's worth of steady ...

Discussion - davefairtex - Feb 6 2018 - 8:49am - 10 comments - 0 attachments

PM End of Week Market Commentary

On Friday gold plunged -16.70 [-1.24%] on heavy volume and silver was smashed -0.66 [-3.81%] to 16.55 on extremely heavy volume. The nonfarm payrolls report set the move in motion; the buck rallied sharply/the Euro sold off, and that's all the ...

Discussion - davefairtex - Feb 3 2018 - 4:02pm - 4 comments - 0 attachments

PM Daily Market Commentary - 2/1/2018

Gold rose +3.50 [+0.26%] to 1351.90 on moderate volume, while silver fell -0.11 [-0.61%] to 17.21 on moderately heavy volume. Even though the buck fell -0.51%, the metals still seemed to have a tough day, silver especially. Even though the Euro ...

Discussion - davefairtex - Feb 2 2018 - 4:43am - 7 comments - 0 attachments

PM Daily Market Commentary - 1/31/2018

Gold rose +6.60 [+0.49%] to 1348.40 on moderately heavy volume, while silver climbed +0.17 [+1.23] to 17.32 on heavy volume.  Currency moves plus the FOMC announcement at 2pm helped to drive gold first higher, then lower, and ultimately higher by end of ...

Discussion - davefairtex - Feb 1 2018 - 8:58am - 1 comment - 0 attachments

PM Daily Market Commentary - 1/30/2018

Gold rose +3.10 [+0.23%] to 1341.80 on heavy volume, while silver dropped -0.03 [-0.18%] to 17.11 on moderately heavy volume. Both currencies and PM had a wide trading range today; both appeared to have rallies that failed. Gold staged a strong ...

Discussion - davefairtex - Jan 31 2018 - 6:10am - 0 comments - 0 attachments

PM Daily Market Commentary - 1/29/2018

Gold fell -10.00 [-0.74%] to 1338.70 on very heavy volume, while silver plunged -0.25 [-1.47%] to 17.14 on moderately heavy volume. Today, the dollar moved higher, and most everything sold off, including gold and silver. Gold moved steadily lower ...

Discussion - davefairtex - Jan 30 2018 - 3:45am - 6 comments - 0 attachments

PM End of Week Market Commentary - 1/26/2018

On Friday gold rose +1.80 [+0.13%] to 1348.70 on moderately heavy volume, and silver moved up +0.11 [+0.61%] to 17.39 on moderately light volume. The buck fell -0.37%, but that wasn't enough to convince gold to move much higher; gold seemed to be ...

Discussion - davefairtex - Jan 27 2018 - 8:47am - 6 comments - 0 attachments

PM Daily Market Commentary - 1/25/2018

Gold fell -10.90 [-0.80] to 1346.90 on extremely heavy volume, while silver plunged -0.28 [-1.59%] to 17.29 on very heavy volume. Today the ECB met and did nothing, then Draghi gave a press conference about doing nothing (which sent the Euro ...

Discussion - davefairtex - Jan 26 2018 - 5:04am - 0 comments - 0 attachments

PM Daily Market Commentary - 1/24/2018

Gold rose +16.80 [+1.25%] to 1357.80 on extremely heavy volume, while silver shot up +0.52 [+3.05%] to 17.57 on very heavy volume. The buck plunged -1% today, dropping almost a full point – that's a huge move for the buck, following through on ...

Discussion - davefairtex - Jan 25 2018 - 4:15am - 6 comments - 0 attachments

PM Daily Market Commentary - 1/23/2018

Gold rose +7.60 [+0.57%] to 1341.00 on very heavy volume, while silver moved up +0.04 [+0.21%] to 17.05 on heavy volume. Silver was pounded with a prime-time spike assault at 9:00 am, but buyers eventually pulled prices back to even and a little bit ...

Discussion - davefairtex - Jan 24 2018 - 3:01am - 7 comments - 0 attachments

PM Daily Market Commentary - 1/22/2018

Gold rose +2.20 [+0.17%] to 1333.40 on very heavy volume, while silver dropped -0.01 [-0.09%] to 17.01 on light volume. The buck tried to rally today but failed; that seemed to help gold, at least to some degree. There were a number of cross ...

Discussion - davefairtex - Jan 23 2018 - 4:16am - 4 comments - 0 attachments