Traders are thinking are on the lookout for the next rise in gold price. Gold’s low prices came in a trend that it is oh so familiar. It began with a level of resistance when it was at $1,365 an ounce. Then the price began to drop past long-term uptrend line that since December 2016, … Continue reading Traders Keeping Their Eye On Gold’s Next Rebound Rally

Republican senators are looking to make John Taylor head of the U.S. Federal Reserve. All of the chit-chatter is making U.S. bond yields rise as gold remains steady after a 2-1/2 week low. According to Commerzbank analysts, if President Trump chooses to make John Taylor the head of the Federal Reserve, then gold will drop … Continue reading John Taylor To Become Head Of Federal Reserve

Prices on Gold remain the same Tuesday, which was expected since there was a hike in interest rates that sent the dollar sky high. As the dollar index continues to grow, it makes gold a bit more expensive for those not in the U.S. to invest in the precious metal. Since the Federal Reserve increased … Continue reading Federal Reserve Associates Speaking On Gold Today

On Monday, silver prices barely changed due to fewer people trading while investors had their attention on an overwhelming amount of economic data. March futures for silver were at $17.94 per troy ounce, practically the same as the previous close. Overnight, prices were fluctuating within a small range of $17.89 and $18.02. The precious metal is … Continue reading Silver Prices Steady Below $18