Skip to main content
loading
loading

Market Updates

COT Gold, Silver & USDX Report - January 13, 2025

Positions as of Tuesday, January 7, 2025

Gold SWOT: China’s Central Bank Expanded Its Gold Reserves for a Second Month

China’s central bank expanded its gold reserves for a second straight month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.

Technical Scoop: Volatile Chaos, Underrated Jobs, Wildfire Spark

Despite strong job numbers, rising long-term interest rates, and a rising US$ Index, gold rose this past week.

Rally Continues as London Metal Exchange and US Differ

So now what is the pattern? It's bullish—higher lows, higher highs. The support I'd look for would be roughly $2669, the 18-week average of closes.

Will the Stock Market Dive in '25?

The Fed has lost control. Bonds are now blazing a trail of their own, independent of what the Fed does.

Gold’s Short Trend Nearing Its End

At $2717 Gold is priced at 71% of its $3818 Dollar debasement valuation, even as rightly adjusted for the increase in the supply of the yellow metal itself.

'Ahead of the Herd' Companies and Metals Roundup

Gold prices notched a series of highs in 2024 and the run could extend into 2025, in part because investors are so pessimistic on geopolitics and government debt.

Jobs Moving Gold Shifting

Jobs data better reflecting reality will be bullish for gold; traders will expect a lower federal-funds-rate trajectory ahead. Gold stocks will soar on resulting higher prevailing gold prices.

Metal Markets...Watch for Unusual Volatility

The market took off, a thin volume day, but the market moved to the upside again. You have had a pattern of higher lows, higher highs - bullish.

Metal Markets...Going Up In Spite of Rise In Dollar And Interest Rates

The trend is up, the bias is up at this point. The swing line has got higher lows, higher highs.

Subscribe to Market Updates

Newsletter Signup

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