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Market Updates

Fresh Gold Highs for Buyers Wise

The year-to-date buying participation in Gold is the best ’tis been since COVID kicked in back in 2020. 

Gold Pullback Risks Mount

A catalyst could spark major gold-futures selling which could quickly snowball, slamming gold into a larger pullback. But this doesn’t guarantee an imminent gold selloff. 

Up Up and Away!

The market has now got a pattern of higher lows and higher highs: bullish.

Silver & Gold Saw Lots of Short Covering This Week

I call the market stuck between $2570 down to this support near the $2500 level, caught in there, and we now have a pattern of lower highs and higher lows. 

Asian Metals Market Update for 12th September

The chance of gold price falling to $2100 and below and that for a few weeks to a few months (in the next sixty months) is zero as of date. 

Gold: A Correction Of Significance?

From the recent highs, GDX has pulled back about 10% while gold eased about 2%.

CPI and PPI This Week Set Fed Up

You can see the price is $20 higher than that on a closing basis. And you can see the market is now in a consolidation.

Bounce but No Trend Change

This market's just sort of hanging right here; trying to see what's gonna happen next.

Gold SWOT: Holdings in Gold ETFs Expanded Again in August

Gold has held steady in the $2,500 an ounce range, plus or minus, for the last month. Holdings in gold ETFs expanded again in August.

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