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By Jon Nadler |
August 23, 2011
Tuesday's market trading sessions in New York opened under growing selling pressure in the entire precious metals complex. Following a fresh sprint to new overnight highs gold retreated to as low a level as $1,862.00 this morning.
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By Mike Daly, Pfg Best |
March 31, 2010
The dollar lost ground today vs. a basket of currencies as physical gold demand continues to rise.
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By Mike Daly, Pfg Best |
March 23, 2010
Today's gold trade once again traded between support and resistance levels as the U.S. dollar is still the driving force of this market.
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By Mike Daly, Pfg Best |
March 15, 2010
Despite concerns that China is considering further rate cuts, the gold market has shown great resiliency around the $1,100 level.
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By Mike Daly, Pfg Best |
March 11, 2010
So far this week, we have traded a very choppy and volatile $37.50 range.
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By Mike Daly, Pfg Best |
March 10, 2010
Today's gold market traded between support and resistance levels in a very choppy and volatile $25.20 range.
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By Mike Daly, Pfg Best |
March 9, 2010
With gold's inability to trade through $1,136 resistance, it may be sending a sell signal to the market.
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By Press Release |
March 8, 2010
A surge in the euro diminished the appeal for gold as an alternative to currencies.
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By Mike Daly, Pfg Best |
March 5, 2010
Gold found a lot of bullish news today, not the least of which was news that the Bank of Japan may actually lower interest rates.
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By Mike Daly, Pfg Best |
March 4, 2010
Thus far this week, volatility has continued in the precious metals markets. It's not likely to subside soon.
