Gold | The Gold Forecast

Gold

MOST RECENT REPORT:

Gary S. Wagner - Executive Producer

Previous Reports:

Daily Report: July 1, 2020 - 7:36pm

Last night’s surge in gold pricing took gold future’s August Comex contract to the highest trading level on a weekly chart since September 2011. However, at least on this attempt a close above $1800 was unsustainable as profit takers entered the market taking gold prices dramatically lower by the close of New York. As of 4:36 PM EDT April futures are currently down by $19.70 and fixed at $1780.80. The... View report

Daily Report: June 30, 2020 - 6:28pm

Today a joint appearance of America’s most powerful economic policymakers testified before the U.S. House of Representatives House Financial Services Committee to discuss their methodology in aiding those effected by the resurgence of new coronavirus cases. Both economic policymakers offered different pictures of the current state of the U.S. economy. The secretary of the Treasury had a more optimistic... View report

Daily Report: June 29, 2020 - 6:25pm

U.S. equities recovered from Friday’s substantial decline. Market participants bid U.S. equities higher on hopes of a quick recovery from the global pandemic which is now in its fourth month. Despite these real concerns of a major uptick in reported cases the Dow Jones Industrial Average gained 580 points in trading today. According to Reuters, “Investors have been weighing better economic data against... View report