The gold market initially plunged during trading on Friday but now looks as if it is going to see buyers on each dip, as has been the case for some time now. Gold Futures Technical Analysis The gold market initially plunged during trading on Friday, but has turned around to show signs of strength as we are now reaching towards the $5,000 level …
Continue ReadingGold and silver are bouncing back after experiencing one of the sharpest corrections in precious metals in more than a decade. While short-term volatility is expected to remain high as markets adjust to recent moves, analysts suggest the recent sell-off is likely a correction, not a fundamental reversal, unless macro conditions materially change, ING Group’s latest report claimed. Gold and …
Continue ReadingCommodities markets opened the week lower, after a gold and silver sell-off triggered by Donald Trump announcing his pick to chair the Federal Reserve. The precious metals sell-off has caught the market largely by surprise, as gold and silver have consistently broken new records since the start of the year. Gold is trading down 2.3 per cent to $4,787 an …
Continue ReadingWhile gold has received much of the credit in helping drive the TSX to new heights over the past year, another metal appears to be shining just as bright for investors. Silver prices recently breached the US$100 per ounce threshold for the first time as investor and industrial demand for the metal surges. “Since April of last year, the big …
Continue ReadingKey Points: Gold and silver are experiencing a vertical surge with RSI levels above 95, signaling a potential blow-off phase not seen since the 1980 or 2011 tops. Breakouts above $5,400 for gold and $100 for silver have triggered rapid price acceleration, breaking long-term structures and indicating speculative mania. Macro factors such as de-dollarization, inflation panic, and monetary easing are …
Continue ReadingThe U.S. dollar weakened to more than four-year lows on Tuesday after President Donald Trump said he is “not concerned” about the greenback’s recent decline, adding that its value is “great.” The remarks added fuel to a dollar selloff that has been building for weeks — and sent shockwaves through commodity markets, where gold and silver are now posting some of the steepest …
Continue ReadingIt is a strange time in the world of precious metals. While gold (GLD) is on the move higher again after digesting its massive 2025 gains via a modest pullback, silver (SLV) has entered the conversation after tripling in value over the last year. The daily chart of GLD looks very strong. I’m not usually investing in something that moves …
Continue ReadingThe tell in this entire gold moonshot from 2025 into 2026 has never been the rallies. It has been the pullbacks and, more importantly, what happens after the air comes out. Time and again, gold has shed $100 or $200 only to refuse to break. Instead of rolling on its back and falling into an air pocket, it absorbs the selling and …
Continue ReadingGold prices pushed to another record this week before paring some gains, supported by heightened geopolitical tensions and continued demand for safe-haven assets. The metal has risen roughly seven per cent over the past week, extending a powerful rally that has lifted both bullion and gold-related stocks. BNN Bloomberg spoke with Matt Kacur, president of FSA Valuation Service, about whether …
Continue ReadingGold (GC=F) and silver (SI=F) jumped to fresh records on Tuesday as President Trump doubled down on his pursuit of Greenland, threatening new tariffs on Europe. Gold futures climbed above $4,700 per ounce while silver surged to $95 per ounce, extending a string of record highs that has been building for months. The move followed renewed tariff threats from Trump against European countries, tied …
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