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Author Archives: Richard

Gold – Are the Bears Returning?

Gold – Are the Bears Returning? Commentary for Friday, Feb 3, 2023 (www.golddealer.com) – Today gold closed down $53.40 at $1862.90, and silver closed down $1.20 at $22.33. Gold’s sudden drop in price this morning introduced a new round of uncertainty into an already confusing pricing picture. I would not overreact to this downward swoop, […]

Gold – Rocking Santa’s Sleigh

Gold – Rocking Santa’s Sleigh  Commentary for Thursday, December 22, 2022 (www.golddealer.com) – Today gold closed down $28.90 at $1787.00 and silver closed down $0.56 at $23.48. Just a confusing reminder that we are closed on Friday (the markets are open) and Monday (the markets are closed) for Christmas. Wishing you all a blessed holiday […]

Gold – Are Recent Highs Sustainable?

Gold – Are Recent Highs Sustainable? Commentary for Friday, December 9, 2022 (www.golddealer.com) – Today gold closed up $9.40 at $1798.10 and silver closed up $0.48 at $23.54. Gold opened typically choppy in the early trade and initially sold off ($1792.00) in the face of rising Treasury yields. Traders were caught off guard however when […]