Gold and Silver Prices Continue to Creep Higher - December 18, 2018 12:08

Gold and Silver prices continued to push towards their recent highs yesterday, aided by the US Dollar which began to slide further away from the 2018 highs. Gold has been on a run lately, after breaking through the 1230 resistance area following the end of November Non-Farm Payroll report. Currently the gains in Gold and […]

Gold Stuck In Rut – For How Long? - March 17, 2018 1:11

The first quarter of 2018 has given very little excitement to those who trade Gold. Prices have been range bound in a tight area around the highs of the early 2016 rally. There’s some resistance up here, and it seems like the price is waiting for a catalyst to decide what happens next. It’s entirely […]

Gold Prices and Why There’s Nobody Buying - May 8, 2017 10:41

At the back end of last week Gold prices slid to levels not seen since mid March, all-in-all it was Gold’s worst performing week of 2017 so far. The recent strength of the US Dollar put pressure on Gold as expectations of a rate rise grow. The US Fed gave indication that planned rate rises […]

Gold Prices and Where Next At This Resistance? - November 3, 2016 14:09

Gold gained good ground over the last week, after an early October fall through support. However, the fall stalled and found a base around the mid-point of the February to May range. Gold mining stocks had seen a phenomenal run, with some of the big players up over 200% and more from early 2016 lows, […]

Are Gold Prices Set To Head Higher? - April 11, 2016 12:24

2016 has seen a lot of strength return to gold prices. In fact since January gold has increased by around $200 per ounce. What many investors are thinking now is can these prices be sustained for the rest of the year? In recent history quick spikes have usually been followed by sharp falls, however things […]

Gold Prices Higher – Were You Watching? - July 1, 2014 13:03

Gold prices continued to push higher yesterday, as investors around the globe start to look for a safe haven, whilst stocks are at their highs. These surges have been fuelled by the uncertainty surrounding the events unfolding in Iraq, as the Iraqi army launched an offensive to take back the city of Tikrit. While stocks […]

NYMEX Remains under Pressure in Reaction to Fears of Low Credit Rating for European Union Members - December 6, 2011 23:56

Crude oil futures remained under pressure on Monday in reaction to the announcement of Standard & Poor’s credit agency for a possible credit rating cut of European Union member countries from AAA to AA+. As per the latest report of S&P, Germany, France, the Netherlands, Finland, Austria and Luxembourg were in the list of possible […]

Gold Futures Gain on Positive Development over Euro Zone’s Debt Situation - July 8, 2011 18:49

Gold futures gained on Thursday on positive US economic data and positive development over the euro zone’s debt situation. As per the latest news ECB president Jean Claude Trichet decided to suspend the application of minimum credit rating threshold for debt instruments by Portuguese government. ECB president also gave a stance against the selective default […]

Gold Futures Moved in a Bullish Rally on Wednesday Triggered by High US Inflation - June 16, 2011 19:03

Gold Futures became highly attractive for investors and touched their highest in three days. The surge was in reaction to news that US core consumer prices increased with higher pace in the month of May since last three years. According to US Bureau of Labor Statistics core inflation excluding energy and food costs increased by […]