Gold slipped again overnight, opening at 1375.25/1376.25, before a quick drop followed by a rally taking us to an intraday high of 1382.50/1383.50. Continue Reading…

In the overnight action, July silver held up relatively better than the gold market, as silver prices seem to have favored the upper half of the Thursday trading range. Continue Reading…

Gold eased again overnight, opening at 1375.25/1376.25, before bouncing after disappointing employment and housing data. Continue Reading…

In addition to spill over pressure from gold, silver is also seeing some currency related selling pressure. Continue Reading…

The silver market overnight fell down to a fresh new low for the move and in the process the July silver contract touched the lowest chart levels seen since April 24th. Continue Reading…

Gold rose overnight in Asia before reversing in London trading. Prices opened today’s session at 1426.75/1427.75 and Continue Reading…

A quick glance at the momentum monitor below shows a general state of positiveness across most sectors with a few agriculture commodities and natural gas being the exceptions. Continue Reading…

The July silver market appears to be forging a very tight coiling pattern on the charts, but the bear camp might suggest that the tilt on the consolidation pattern somewhat favors the downside. Continue Reading…

Gold: Is heading back down towards the 1307.80/1301.12 major support zone. Continue Reading…

Short covering before the G7 meeting propelled precious metals higher after market close last Friday. Continue Reading…