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Market Updates

Technical Scoop: Possible Reversal, Golden Roars, Pummeled Dollar

Gold remains solidly in the lead up 18.3%. It gives credence that when everything else seems to be coming apart, the one thing that goes up is gold.

Asian Metals Market Update for 14th April

The postponement of higher customs duty on electronic imports from China will ensure that the overall trend will be bullish for gold and silver.

The Chinese Gold Mania is Here

Aggressive Chinese futures traders on the Shanghai Futures Exchange are helping to fuel gold’s increasingly explosive rally—and it’s only just beginning. Who knows how many Chinese corporations will jump into the frenzy next?

Gold Taps Our Year’s Forecast High of 3262

Given price’s present momentum, 3400 from here (+4.5%) seems a mere stone’s throw, barring it suddenly going all wrong for Gold. That stated, the tug-of-war continues between Gold being technically near-term overbought vs. fundamentally broad-term undervalued. 

Gold Trade-War Refuge

Gold is becoming the leading major refuge in this fast-escalating trade war, which is logical.

Asian Metals Market Update for 10th April

Trump’s “Temporary U-Turn on Trade Tariff War” policy will ensure a bullish trend in gold and silver.

A Pirate Ship Versus Gold

Gold market investors need to think less like stock market price chasers do, and more like gridline warriors...the next big buy zone for gold is the $2835-$2800 zone.

Now That Reciprocal Tariffs Are Here, Will Gold Hold?

The market peaked out a week ago and came down as it's getting this break right now and stepped out of the uptrend. The market is under the 18-week average of closes.

Asian Metals Market Update for 9th April

Gold/silver/copper price has been falling after London close, post CME price fixing and rising in Asia and London. This implies a good physical demand all over the world.

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