Gold | The Gold Forecast



Gary S. Wagner - Executive Producer

Previous Reports:

Daily Report: July 7, 2020 - 7:09pm

Gold surged above $1800 in trading today, closing above that key resistance level. Traders in New York took the price of gold futures to $1808, which is a net gain of just over $14. This is the highest value that gold has obtained since the net result of the financial crisis of 2008 took gold above $1900 in 2011. This is this second attempt to trade and close above $1800 over the last month. That price... View report

Daily Report: July 6, 2020 - 7:29pm

The entire precious metals complex that trades in the futures markets were higher on the day. The winner today was silver, basis the most active May contract, silver closed at $18.62. Silver was up by 1.68% on the day, which is a total of almost $0.31. Platinum was next in line with the most active October contract closing at $841.70, this after factoring in today’s gain of 1.21% ($9.90). Palladium gained... View report

Weekly Report: July 2, 2020 - 8:27pm

As the Americans and Canadians get ready for a welcomed extended weekend with Canada Day already underway (as of yesterday) and Independence Day on Saturday, market participants and investors continue to show concern in reference to the massive potential economic fallout from the COVID-19 pandemic. A summer of uncertainty The increasing number of new coronavirus victims globally has heightened... View report