Skip to main content
loading
loading

Market Updates

Gold’s Upside Momentum’s Being Lost

The market does have a pattern of higher lows, but it's on the verge of setting lower highs...

Gold SWOT: UBS Raised its Gold Price Forecast to $3,200 Over the Next Four Quarters

Bank of America, Citigroup and Macquarie Group have all reaffirmed bullish stances on gold as it hit record highs above $3,000 an ounce. Since late 2022, gold has nearly doubled in price, supported by a global search for stability.

Asian Metals Market Update for 24th March

TODAY’S VIEW: Mild sells off will be there if spot gold trades below $3022.00 after London open and till days close.  Key intraday support in case of a sell off is around $2988.00. 

Correction Week, High Gold, Steady Fed

With gold finally capturing a little bit of the headlines, along with the stock market wobbling due to the chaos going on in the U.S., it is probably not surprising that the Dow/Gold ratio is beginning to break down in favour of gold.

Gold’s Year of the Bid

Has our having penned 800 Gold Updates finally made the world Gold crazy? Century-to-date — although the S&P 500 is + 329% (from 1320 to 5668) — Gold’s growth is triple that at +1,005% (from 274 to 3028). ‘Tis clear that this year the Golden lightbulb has suddenly gone aglow and everybody’s excited to give Gold a bid.

Gold Mid-Tiers’ Q4’24 Fundamentals

Smaller mid-tier and junior gold miners just reported their best quarter on record. That combined with record gold prices fueled smaller gold miners’ richest-and-fattest implied unit profits in history.

Metal Market: Trump Hits Iran with More Sanctions. Israel Sending a Delegation

Some brokerages firms are targeting $3,200 as the next price target for gold. I want to see a bit more on what Trump will do April 1st and 2nd on tariffs to get a feel before I make a call. 

Higher Inflation Is Coming According to Fed

You can see how the market just continues to march to the upside; higher lows, higher highs.

Gold Stocks: The Time Is Now To Rock

A rise in Chinese stocks triggers enormous amounts of celebratory buying of physical gold. The bottom line: All dramatic Chinese stock market action is a win-win for gold bugs.

Subscribe to Market Updates

Newsletter Signup

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