Friday at 13:33 GMT, June Gold traded at 3262. ‘Tis our forecast high for this year as selected at New Year, and completes the triad of our three Golden Goals for 2025.
Long-time readers of The Gold Update know our favourite final future headline is: “World Ends, Dow +2”, (“The Dow” of course being that Index at which our parents used to look) … except these last two days instead brought Dow -3,911 …...
Well! Can we all say “Gold 3100!” After all, why stop at 3000? For this past Thursday as Gold’s contract volume rolled from April into that for June came +29 points of fresh price premium and (per Tag Team from ’93): “Whoomp! There It...
Thus far in 2025, ’tis been the year of the Gold bid. Folks who are clueless on Gold are abashedly asking about it. “How much is it?” “How do I buy it?” “How much is in Fort Knox?” “How do I store it?” “How much is it taxed?” “How do I...
Gold settled yesterday at 2994 in reaching a new All-Time High of 3017, the Monday-Friday net gain both by points (+76) and percentage (+2.6%) being the best of the year’s 11 weeks-to-date, within which (as aforenoted) only one has been...
Whilst we’ve still our near-term negative bent for the price of Gold, nonetheless let’s reprise this from last week’s missive: “…one thing to watch is a stirring of geo-political jitters which as you regular readers know can quickly send...
Not that we’ve been rooting for Gold to fall, but it being one of the world’s most substantive liquid markets, it implicitly both rises and falls in its interactive role — that reflecting the cost of currency debasement — as one of the...
Let’s commence with another infamous Gold Update quiz! Ready? Since at least this very day a month ago (22 January), what technically until yesterday (21 February) have both Gold and the S&P 500 had in common? “They’ve been overbought...
“This is where it starts to get fun.” If said phrase ran across your mind during this past week, worry not: for it, too, ran through our mind. And thus it having run through both your mind and our mind, then it also ran through the many...
The price of Gold just completed its sixth consecutive up week, within which the past three thus far comprise the newest weekly parabolic Long trend. Indeed through this latest week, Gold continued to attain All-Time Highs, teasing...