Schema-Root.org logo

 

  cross-referenced news and research resources about

 gold markets

Schema-Root.org logo
images:  google   yahoo YouTube
spacer

updated Sat. October 12, 2019

-
Mid-March, you may recall, was when I last devoted a column to analyzing gold-market sentiment. Bullion at the time was trading around $1,320 ounce, and I concluded that gold market timers were not exhibiting “the widespread despair and pessimism that typically precede tradable gold rallies.”.
Gold markets initially tried to break above the $1350 level during the week but turned around to form a bit of a shooting star. I think that the market is in a massive uptrend channel, or perhaps even an ascending triangle. Either way, the market should continue to go higher, and if we can break above the top ...

Gold markets rallied significantly on Monday after initially pulling back, reaching towards the $1350 level. This is an area that has a little bit of a cluster just above, showing signs of exhaustion and perhaps resistance. If we can break above the $1353 level, the market then should go to the $1360 level above ...
Examining Trends Over the Last 40 Years in the Gold Market. Gillian Kemmerer: Welcome to the broadcast, I'm Gillian Kemmerer. The gold industry has changed significantly over the past 40 years, with new technology and exploration trends impacting investors. Here to tell us more is Joe Foster, gold and ...
Some analysts have been concerned that the gold market will not be able to withstand rising real interest rates. In the past few years, gold has had a strong negative correlation to real interest rates, ashigher bond yields increase gold's opportunity costs as a non-yielding asset. But, that correlation has ...
If we look at the historical performance of precious metals compared to markets, we see that gold has been closely tracking market volatility. The recent upheaval in the markets, led by Syria tensions, supported precious metals. Also, the earlier trade war fears with China lifted precious metals higher.

The minutes of the Federal Reserve's January 30–31, 2018, meeting likely caused much of the movement in precious metals. The focus of the meeting was on upbeat inflation numbers, which probably gave some buoyancy to gold and other precious metals. Gold is famously known as a hedge against inflation. As inflation ...
New Delhi, Feb 26 (PTI) A Niti Aayog panel submitted a report on transforming Indias gold market to Finance Minister Arun Jaitley today. The policy think tank in 2017 had formed a panel under Principal Adviser to Niti Ayog Ratan P Watal to suggest measures to transform the gold market. Former Finance ...
... aimed at strengthening and broadening domestic gold markets, from the development of a spot exchange in India to potential developments in Russia's tax rules relating to gold. “While these developments were emerging in 2017, they may have a direct impact on the gold market's development in 2018.” ...
Gold Market closed up $27.40 at $1,355.50. Prices jumped higher today after early trading opened flat then lost $10.00 in value. This big reversal is the result of higher than expected inflation news – released today. The Consumer Price Index was hot – up 0.5% in January – the biggest increase in five ...
According to some analysts, gold's newfound momentum has helped the gold market break bearish technical as the price action was forming a short-term head and shoulders pattern. Officially the pattern isn't broken until prices push above the “neckline” which comes around $1,354 an ounce. April gold ...
... aimed at strengthening and broadening domestic gold markets, from the development of a spot exchange in India to potential developments in Russia's tax rules relating to gold. “While these developments were emerging in 2017, they may have a direct impact on the gold market's development in 2018.” ...
By Joe Foster, VanEck The gold price continued to move higher after becoming oversold ahead of the December 13 Federal Reserve (the "Fed") rate announcement. After reaching a 17-month high of $1,366 per ounce on January 25, gold finished the month with a $42.10 (3.2%) gain at $1,345.15 per ...
The gold price has risen about 20% since I wrote "It's Time To Get Greedy In The Gold Market" but it looks to me like it could now get really exciting for gold bulls. On the weekly chart there is now a clear head and shoulders bottom pattern in play. A break above the neckline would confirm the pattern and ...
Palladium prices hit its record high level of $1,138.00 per ounce during the last week. Precious metals had a tremendous surge in price in the previous year, and 2017 added a whopping 57.0% to palladium prices. Palladium has rallied due to its high demand in the auto industry and its ongoing supply ...
As far as the latter is concerned, the WGC identifies for key themes that will drive the global economy and the gold market: synchronized global economic growth; shrinking central bank balance sheets and rising rates; frothy asset prices; market transparency, efficiency, and access. Let's analyze them ...
However, by mid-month, the gold market started to get a “little messy,” as the firm said that it started to go short against some currencies and was net neutral gold. With February kicking off, the firm said that gold's bullish trend appears to be reversing; Insch has established maximum short positions against ...

Others are more cautious on the impact exports will have on the local gold market. “Gold prices are constantly changing in the international market. As such, the government must ensure that local administration procedures and all the paperwork involved when exporting is carried out swiftly and efficiently.
For the gold market, higher bond yields reduce the yellow metal's opportunity costs. Some analysts also see the selling in gold more as a technical feature of the marketplace as some investors take some profits off the table ahead of Wednesday's Federal Reserve monetary policy meeting. “Gold is still in the ...
Jasper Lawler, head of research at London Capital Group, agreed that it looks like the latest comments from the Trump administration are the first shots in a global currency war. Lawler said that he expects to see the U.S. dollar to continue to trend lower through 2018, which will benefit the gold market.
The SPDR Gold Trust ETF is trading sideways when viewed over the long term. but the trend in GLD appears to be showing some significant changes in the short term. Comparative valuations in precious metals assets make it particularly attractive within the commodities space. Given the nature of recent ...
Another concern for the gold market has been synchronized global economic growth. Analysts have noted that gold's safe-haven appeal has been diminished as the global economy improves; however, the council said that a pick-up in the global economy is also favorable for physical gold demand.
The U.S. gold market suffered a net deficit this year compared to a small surplus in 2016. This was quite interesting because U.S. physical gold demand will be down considerably this year. In 2016, total U.S. gold demand was 212 metric tons versus an estimated 150 metric tons this year. The majority of the ...
A brief correlation analysis of the major mining shares is important, as they provide indications of the potential price changes in their stock prices with respect to gold. Gold is the most significant of the four precious metals, as the remaining three precious metals tend to follow the price trends in gold. In this article, we'll look at ...
(Kitco News) - Gold managed to not only escape the December bear market but also end the year on a very bullish note, posting a monthly rise of 1.64% and a yearly advance of 12.67% - its best annual performance since 2010. February Comex gold was trading at $1,309.00, up 0.91% on the day, just ...
In October, the Federal Reserve started the unwinding of its massive balance sheet. According to the addendum to the Policy Normalization Principles and Plans revealed in June 2017, Fed officials wanted to reduce the size of its security portfolio by $10 billion in October ($6 billion in Treasuries and $4 ...
Even more surprising is the fact that the gold market managed those gains at the end of last week in the face of strength in the dollar and a sharp recovery in US equities. While we are growing tired of mentioning the potential for tax reform, that issue will probably restrain any rallies in gold and silver this ...
Muscat: Demand for gold continued in the Sultanate last year, even as the global demand for the yellow metal fell. The nation's demand for gold jewellery fell by merely 1 per cent, while there was a turmoil in the market across the world, including in the Middle East, according to a World Gold Council (WGC) ...
Barrick Gold (ABX) is trading down about 3% since announcing its fourth quarter and full-year results on the 14th of February last. The miner's debt load continues to fall all be it in the face of slightly higher all-in sustaining costs in 2017. Ever since John Thornton took control of the company in 2014, ...
This from Zaner Gold/Silver (Chicago) – “The gold market forged a very extensive trading range on Wednesday of $20 per ounce and was able to reject an initial four day low to close impressively and in positive territory, and overnight it stayed in the middle of yesterday's range and close to unchanged from ...
Hedge Funds May Save the Gold Market From Soaring Bond Yields. Hedge funds continue to like gold. That's good news in light of rising bond yields, say experts. ByTheStreet Guest Contributor. Jan 11, 2018 1:36 PM EST. Confusion and uncertainty reign in financial markets, helping gold prices rally in the face of higher ...
(Kitco News) - Correlations breakdowns between gold and critical financial markets could be a troubling signal for the yellow metal, which has seen a strong start to the new year, according to one trading firm. In a research note published on Seeking Alpha Tuesday, analysts at ANG Traders said that they ...
The following is a summary of our recent podcast interview with Dave Morgan on Metals, which can be accessed on our site here or on iTunes here. We've seen gold pass the $1,300 level, and now some are wondering if the yellow metal might be poised to move higher. This time on Financial Sense, we ...
So another year has passed. How quickly it happened! But we hope that you did not get bored, and instead took time to learn more about the fascinating gold market. At first glance, 2017 seems to have been a dull period for the yellow metal, as it was traded within a narrow range of $1,200-1,300 for most of ...
Moreover, with relatively strong business momentum, the labor markets in advanced economies should strengthen further. And although inflation is likely to rise, it will remain low. Hence, the macroeconomic outlook will remain unpleasant for the gold market, as the yellow metal prefers periods of economic ...
So another year has passed. How quickly it happened! But we hope that you did not get bored, and instead took time to learn more about the fascinating gold market. At first glance, 2017 seems to be a dull period for the yellow metal, as it was traded within a narrow range of $1,200-$1,300 for most of the ...
For at least the past decade, the behavior of the people who trade gold futures contracts - and thereby determine the metal's price - has been generally predictable: The "commercials" - big banks and companies that buy gold to do things with it - have suckered the speculators - mostly hedge funds who ...
Speculation on bitcoin appears to be hitting the bullion markets, with investment in gold from first-time buyers falling to its lowest since the metal's bear-market price lows of 2015. With bitcoin valuations roaring above the $11,000 mark, Internet searches for 'buy bitcoin' overtook the phrase 'buy gold' last ...
Gold bottomed in 2002, and it took nine years for its trade to a high of roughly $1900 (September 2011). Contrast that to Bitcoin, in less than 1/3rd of the amount of time it is showing gains of more than 11,000%. It took nine years for Gold to show gains of roughly 700% and Gold has given up a substantial ...
This week we see continued divergence growing from the gold market, as the end of November had gold reach its highest ever monthly trading volume on the COMEX exchange in New York of 7.1 million. This occurred at a time where prices have stayed in the smallest range seen, changing only 3.5% from ...
"If the Saudi Arabia situation doesn't worry you, you're not paying attention." That was the heading for an essay recently written on November 10, 2017, by Chris. In this article, he discussed how the value of the dollar is facing a grave threat in 2018 as a result of a souring relationship between the U.S. and ...
(Kitco News) - Before the year is up, the gold market might see some excitement after all, according to one metals expert, who says a “breakout” is coming as the Federal Reserve gets ready for its December meeting. Gold prices have been stuck in a narrow trading range since mid-October, with low ...
Not only did the gold market give up all of its gains from Friday, which saw prices hit a four-week high, but Monday's price action was the biggest selloff in two months. December gold futures settled the session at $1,275.30 an ounce, down more than 1.5% on the day. According to some analysts, the lack of ...
Besides the impact of interest rates, there are also other global indicators that could play on precious metals—the most important being the US dollar. The US dollar index, or the DXY Currency Index, which tracks the US currency against a basket of six major rivals, fell a whopping 0.7% on Tuesday.
While it is likely that the relatively small gold market (small compared to the FOREX or debt markets) experiences manipulation attempts ...
What's with all these mysterious flash trades jolting the gold market lately? No one seems to know why millions of ounces of gold trade in a ...
In both 2015 and 2016, the price of gold bottomed in December, as one can see in the chart below. Chart 1: Gold prices (London P.M. Fix) from ...
Bullish sentiment in the gold market declined for the seventh consecutive week as overall interest in the precious metals continued to fall.
Bill Baruch, president of Blue Line Futures, said that one of the reasons the gold market has been so quiet is because risk aversion sentiment ...
China has been accumulating a lot of bullion over the past decade. It is also the largest producer of gold in the world and – along with India ...


 

news and opinion


 


 


 


 


schema-root.org

    metals
     precious
       gold

cross-references for
gold:

gold markets