gold

Results for gold

PM Daily Market Commentary - 11/22/2017

Gold rallied +11.70 [+0.91%] to 1291.80 on extremely heavy volume, while silver moved up +0.19 [+1.12%] to 17.13 on heavy volume. The rally in PM mirrors a big (-0.78%) plunge in the buck; much of today PM's move was just a currency effect. ...

Discussion - davefairtex - Nov 23 2017 - 7:30am - 1 comment - 0 attachments

PM Daily Market Commentary - 11/21/2017

Gold moved up +3.90 [+0.31%] to 1280.10 on heavy volume, and silver moved up +0.05 [+0.33%] to 16.94 on heavy volume also. Both gold and silver tried to rally after yesterday's big smash, but the rallies largely failed. Gold's candle print ...

Discussion - davefairtex - Nov 22 2017 - 3:39am - 2 comments - 0 attachments

PM Daily Market Commentary - 11/20/2017

Gold plunged -18.20 [-1.41%] to 1276.20 on very heavy volume, and silver fell -0.42 [-2.43%] to 16.89 on extremely heavy volume. The selling pressure started at around 8:30 am, and relentlessly pounded gold, silver, and platinum down through about ...

Discussion - davefairtex - Nov 21 2017 - 11:18am - 0 comments - 0 attachments

PM End of Week Market Commentary - 11/17/2017

On Friday gold rallied +15.90 [+1.24%] to 1294.40 on heavy volume, and silver jumped +0.23 [+1.32%] to 17.30 on very heavy volume. The rallies on Friday had nothing to do with currencies – it seemed to be a relatively broad-based commodity rally, with ...

Discussion - davefairtex - Nov 18 2017 - 5:25am - 11 comments - 0 attachments

PM Daily Market Commentary - 11/16/2017

Gold rose +0.70 [+0.05] to 1278.50 on moderate volume, while silver climbed +0.10 [+0.59%] to 17.08 on moderate volume also. In the PM space, it was an fairly uneventful day. In risk assets, things were more exciting.  Republicans in the House ...

Discussion - davefairtex - Nov 17 2017 - 2:02am - 1 comment - 0 attachments

PM Daily Market Commentary - 11/15/2017

Gold fell -2.60 [-0.20%] to 1277.80 on extremely heavy volume, and silver dropped -0.04 [-0.24%] to 16.98 on very heavy volume. As with yesterday, gold and silver both suffered some “nonstandard selling pressure” which ended up forcing a failed ...

Discussion - davefairtex - Nov 16 2017 - 12:08am - 2 comments - 0 attachments

PM Daily Market Commentary - 11/14/2017

Gold rose +1.90 [+0.15%] to 1280.40 on very heavy volume, while silver fell -0.04 [-0.21%] to 17.02 on moderate volume.  There was a lot of movement intraday, as well as some large currency moves; the Euro rallied a big +1.11%, which tells you that gold ...

Discussion - davefairtex - Nov 15 2017 - 12:32am - 1 comment - 0 attachments

PM Daily Market Commentary - 11/13/2017

  Gold rose +2.90 [+0.23%] to 1278.50 on very heavy volume, and silver climbed +0.18 [+1.07%] to 17.05 on very heavy volume. Currencies did not move much, and neither did gold. Gold moved slowly higher starting in Asia through most of the day in ...

Discussion - davefairtex - Nov 14 2017 - 4:42am - 0 comments - 0 attachments

PM End of Week Market Commentary - 11/10/2017

On Friday gold fell -10.00 [-0.78%] to 1275.60 on very heavy volume, and silver dropped -0.11 [-0.65%] to 16.88 on very heavy volume also. A spike assault that happened after 11am in the US caused the price to drop, taking gold down $10 and silver down ...

Discussion - davefairtex - Nov 11 2017 - 6:04pm - 7 comments - 0 attachments

PM Daily Market Commentary - 11/9/2017

Gold rose +3.60 [+0.28%] to 1285.60 on very heavy volume, and silver fell -0.05 [-0.26%] to 16.98 on very heavy volume. A big drop in the buck [-0.44%] - driven by the news that the Trump tax cut for big companies won't be phased in for another ...

Discussion - davefairtex - Nov 10 2017 - 4:52am - 3 comments - 0 attachments

PM Daily Market Commentary - 11/8/2017

Gold rose +6.30 [+0.49%] to 1282.00 on very heavy volume, and silver climbed +0.09 [+0.53%] to 17.03 on heavy volume.  The buck chopped sideways today; rallies in gold and silver weren't caused by currency moves. Gold rallied steadily in Asia ...

Discussion - davefairtex - Nov 9 2017 - 1:44am - 6 comments - 0 attachments

PM Daily Market Commentary - 11/7/2017

Gold fell -7.10 [-0.55%] to 1275.70 on very heavy volume, while silver plunged -0.29 [-1.68%] to 16.94 on very heavy volume also. The euro made a new low (to 115.53) which didn't help, but the currency move was not the proximate cause of the drop ...

Discussion - davefairtex - Nov 8 2017 - 1:30am - 4 comments - 0 attachments

PM Daily Market Commentary - 11/6/2017

Gold rose +12.20 [+0.96%] to 1282.40 on very heavy volume, while silver shot up +0.42 [+2.47%] to 17.25 on very heavy volume also. The buck fell slightly [-0.22%] which likely helped, but ultimately this move was not about currencies. Instead, it seemed ...

Discussion - davefairtex - Nov 7 2017 - 12:37am - 1 comment - 0 attachments

PM End of Week Market Commentary - 11/3/2017

On Friday gold fell -6.60 [-0.52%] to 1270.20 on very heavy volume, and silver plunged -0.29 [-1.69%] to 16.83 on very heavy volume also. The somewhat weak nonfarm payrolls report released at 8:30 am initially caused gold to spike higher and the buck to ...

Discussion - davefairtex - Nov 4 2017 - 12:46am - 3 comments - 0 attachments

PM Daily Market Commentary - 11/2/2017

Gold rose +1.30 [+0.10%] to 1276.80 on very heavy volume, while silver edged down -0.02 [-0.12%] to 17.12 on very heavy volume also. The buck moved lower also, losing -0.13%.  There was a lot of back and forth today, but for the most part, most ...

Discussion - davefairtex - Nov 3 2017 - 12:02am - 6 comments - 0 attachments

PM Daily Market Commentary - 11/1/2017

Gold rose +3.70 [+0.29%] to 1275.50 on very heavy volume, while silver screamed higher, up +0.43 [+2.54%] to 17.14 on very heavy volume also. The buck actually rallied today, up +0.29%; currency movements were a bit of a drag on gold, but had little ...

Discussion - davefairtex - Nov 1 2017 - 11:31pm - 0 comments - 0 attachments

PM Daily Market Commentary - 10/31/2017

Gold fell -5.50 [-0.43%] to 1271.80 on moderate volume, while silver dropped -0.14 [-0.83%] to 16.71 on moderately light volume. The buck hardly moved at all – it was not a factor in today's PM move. Today's drop in gold resulted in a ...

Discussion - davefairtex - Nov 1 2017 - 12:31am - 7 comments - 0 attachments

PM Daily Market Commentary - 10/30/2017

Gold rose +2.70 [+0.21%] to 1277.30 on moderate volume, while silver dropped -0.02 [-0.09%] to 16.86 on moderately light volume. The buck fell fairly hard, losing -0.39%, which tells us that the very modest rally in gold was entirely a currency effect. ...

Discussion - davefairtex - Oct 31 2017 - 3:14am - 1 comment - 0 attachments

PM End of Week Market Commentary - 10/27/2017

On Friday gold rose +7.00 [+0.55%] to 1274.60 on very heavy volume, and silver climbed +0.07 [+0.45%] to 16.87 on heavy volume. The metals managed to rally in spite of a continued move higher in the buck. Market-moving news this week was led by the ...

Discussion - davefairtex - Oct 28 2017 - 8:36pm - 31 comments - 0 attachments

PM Daily Market Commentary - 10/26/2017

Gold fell -11.00 [-0.86%] to 1267.60 on very heavy volume, while silver dropped -0.16 [-0.94%] to 16.80 on moderately heavy volume.  ECB Chair Draghi surprised the markets by being more dovish than expected; this resulted in a huge Euro sell-off ...

Discussion - davefairtex - Oct 27 2017 - 3:13am - 12 comments - 0 attachments