Gold | The Gold Forecast



Gary S. Wagner - Executive Producer

Previous Reports:

Daily Report: June 15, 2020 - 6:31pm

There were mixed results in the precious metals today, with extreme dollar weakness providing a tailwind. While gold traded lower on the day, the industrial precious metals including platinum, palladium and silver all closed with gains. The industrial precious metals benefited from the reversal in U.S. equities from negative to positive on the day. However, the most noteworthy aspect in the precious... View report

Weekly Report: June 12, 2020 - 7:17pm

U.S. equities and their action this week can be summed up in two words; extreme volatility. Yesterday market participants and traders hammered U.S. equities with the Dow Jones industrial average losing well over 5% on the day, with the other major indices sustaining deep drawdowns as well. This selloff came one day after the conclusion of this month’s FOMC meeting. The statement released along with the... View report

Daily Report: June 11, 2020 - 6:46pm

Today was marked by extreme volatility in the financial markets. U.S. equities had a virtual meltdown with the Dow Jones Industrial Average giving up almost 7%. This is a drop of 1861 points taking the Dow to 25,128.17. The Standard & Poor’s 500 gave up 5.89%, with the NASDAQ composite having the least percentage drawdown of the three indices after giving up 5.27%. The S&P 500 had its worst day... View report