by Brian Schad | Jan 20, 2015 | Gold Futures, Precious Metals Trading
Gold futures have reached a five-month high in early morning trading on the outlook of a safe-haven hard-asset amid speculation of sputtering global growth. Gold futures are currently at $1,288 per ounce (up $11) in New York at the Commodity Exchange. Over the long...
by Brian Schad | Nov 13, 2014 | Gold Futures, Precious Metals Trading
Gold futures have virtually paused between its recent downtrend low of $1,130 per ounce, and the recent high near $1,180, once the Department of Labor released its weekly “jobless claims” report revealing an increase of claims more than previously forecasted. Gold...
by Brian Schad | Oct 22, 2014 | Gold Futures, Precious Metals Trading
Gold futures has stalled and is failing to follow-through to the upside as a stronger US dollar and muted inflation data is said to be cutting demand for the precious metal as a hedging tool. Gold futures are down $6.50 per ounce at $1,245.20, but have been $10 lower...
by Brian Schad | Oct 7, 2014 | Gold Futures, Precious Metals Trading
Gold futures may have found solid support as buyers have stepped-in for two days in a row now. The US Dollar’s decline may be boosting the precious metal’s appeal as an alternative investment, safe-haven. In the relationship with 10-yr. T-Notes, the dollar slipped...
by Brian Schad | Jul 10, 2014 | Gold Futures, Precious Metals
Gold futures climbed to prices not seen since March as concerns over debt in Portugal and the current slump in equities possibly boosting demand for the precious metal as a safe haven. Gold futures are up over $14.00 per ounce from yesterday as of this writing. There...
by Brian Schad | Jun 30, 2014 | Alternative Investment, Gold Futures, Precious Metals
Gold futures are finding waning demand for the precious metal as an alternative investment since the government released data showing US economic growth rebounding more than forecasted for the last quarter. Gold futures are in its third day lower. The government...
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