Interviews

As gold prices glitter Thursday, the day after the release of the Fed’s July meeting minutes, Gary Wagner tells Kitco News the technicals are faring well. “We’re at a critical point -- roughly the $1,150-1,155 area — and a break and a close above this area, really signals something significant,” he says. “We could actually see this market trade as high as $1,170 before correcting,” he adds.

As gold corrects from gains seen earlier in the week, technical analysts and star of Kitco News’ Chart This Gary Wager says he is enthused about the gold market. “I’m excited about what we’ll see over the next month or so,” he told Kitco News Thursday. As of 10:06 a.m. EDT, December gold was down $7 to $1,116.60 an ounce after it previously closed higher for five business days in a row.

Kitco News - As gold continues its weak trend and tests lows last seen in 2014, one market veteran says the yellow metal may be poised for further losses. 'The real issue has been a return in strength in the dollar,' Gary Wagner, editor of thegoldforecast.com, told Kitco News. He compared gold to a salmon swimming upstream, struggling to maintain gains as the dollar index pressures the metal.

Published on Jul 2, 2015 · Chart This is back and Gary Wagner joins Kitco News at the new studio to talk about gold and silver. Can the metals break their range? Wagner comments on gold’s reaction to Thursday’s weaker-than-expected nonfarm payrolls data and says the metal is acting ‘tepid at best’ right now. With the uncertainty in Europe and the weaker U.S.

As gold prices build on Wednesday’s sharp rise, Gary Wagner checks in on this edition of Chart This! to see if there’s any substance for a sustained gold price rally. Without question, Wagner believes that gold must close above $1,200 Friday for there to be any hope of a sustained rally. He adds that while gold price fluctuations are linked to U.S.