Gold’s long-term analogies

A daily rally in gold, daily decline, daily turnaround and other daily price developments are both interesting and dangerous.


First published here: Gold’s long-term analogies

November 15: Gold and Silver Reverse Early Gains To End Slightly Lower

Snippet: 
Gold gained $8.80 to $1289.10 just after 8:30AM EST before it dropped back to $1277.00 in midafternoon trade, but then edged back higher in the last hour of the day and ended with a loss of just 0.13%. Silver rose to as high as $17.197 and ended with a loss of 0.24%.

 

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First published here: November 15: Gold and Silver Reverse Early Gains To End Slightly Lower

November 14: Gold Gains While Stocks Fall

Snippet: 
Gold dropped $6.80 to $1270.80 in Asia before it rebounded to $1276.30 in London and then fell back towards its earlier low after this morning’s PPI data was released, but it then jumped to as high as $1283.60 in afternoon New York trade and ended with a gain of 0.21%. Silver rose to as high as $17.088 and ended with a loss of 0.06%.

 

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First published here: November 14: Gold Gains While Stocks Fall

US Mint Sales: 2017-W Uncirculated American Gold Eagle Sold Out

The U.S. Mint's latest sales report is abbreviated with the number of products listed down to 248 from 302. Most all of the missing products have not sold out so those should come back next week with...

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First published here: US Mint Sales: 2017-W Uncirculated American Gold Eagle Sold Out

Gold Edges 50 Cents Higher, Silver Rises 10.1 Cents

Thursday marked another day of very modest movements in precious metals prices. Palladium and gold were near unchanged while platinum rose 0.3% and silver climbed 0.6%. Gold for December delivery...

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First published here: Gold Edges 50 Cents Higher, Silver Rises 10.1 Cents

November 16: Gold Holds Near Unchanged While Stocks Gain on Tax Vote

Snippet: 
Gold gained $3 to $1281.60 in midmorning New York trade before it chopped back lower into the close, but it ended with a loss of just 0.01%. Silver rose to as high as $17.122 and ended with a gain of 0.59%.

 

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First published here: November 16: Gold Holds Near Unchanged While Stocks Gain on Tax Vote

November 15: Gold and Silver Reverse Early Gains To End Slightly Lower

Snippet: 
Gold gained $8.80 to $1289.10 just after 8:30AM EST before it dropped back to $1277.00 in midafternoon trade, but then edged back higher in the last hour of the day and ended with a loss of just 0.13%. Silver rose to as high as $17.197 and ended with a loss of 0.24%.

 

read more



First published here: November 15: Gold and Silver Reverse Early Gains To End Slightly Lower