Skip to main content
loading
loading

Market Updates

Yen & USD: Wet Noodles Versus Gold

The good news is that with gold poised to rally about 20% (from $2100 to $2400-$2600), the miners are likely poised for an 80%+ “surge to the stars!”

Metals: FED Statement and Dot Plot

When I take a look at the gold market, the gold market is pretty flat going in. The market is up one-tenth of a percent for the week.

Gold Market Update - Another Strong Upleg Looks Imminent as Bull Flag Completes...

Lastly we can see how horribly undervalued Precious Metals stocks are relative to gold itself on our chart for $GDX divided by gold going back to 2001. Only on two other occasions during the life of this chart have they been so undervalued.

How Do You Explain The Crazy Week We Just Had? (SPX)

At this point in time, I would say that as long as the market holds over 5091SPX, we still have a set up in place pointing to 5350SPX.

Metals: Bank of Japan and Reserve Bank of Australia, Fed Reserve

Right now, we're just starting the week off, we're up 0.12% at $2164.20. But you've had a correction going on, with lower highs and lower lows in the market.

Gold SWOT: Gold Steadies After Record Run

The worst performing precious metal for the past week was gold, down slightly by 1.1%, as recent U.S. inflation data reduced expectations for future interest rate cuts.

Technical Scoop: Possible Tops, Metal Rise, Geopolitical Tensions

The big gold rally this past week caught most observers by surprise. For gold, $2,200 is now a resistance zone. Support can be seen down to $2,100.

Gold’s Expected Detinue; Fed HIKE Must Ensue?

The FOMC is scheduled to deliver its next Policy Statement this coming Wednesday, 20 March at 18:00 GMT. Might the phrase “rate increase” slip out?

COT Gold, Silver & USDX Report - March 15, 2024

Positions as of Tuesday, March 12, 2024

Price is at a Crucial Support Zone Across the Board in Metals

What the market did is it was running day after day six days in a row over the upper Bollinger Band, it pulled back and now it's in that consolidation phase.

Subscribe to Market Updates

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina