The Gold Forecast Videos

Trump’s Tariffs and Looming Trade War Pressures Equities & Lifts Gold Prices
A combination of factors, which have had a profound impact on the U.S. equities markets, have resulted in U.S. equities trading dramatically lower and moving into corrective territory. These factors have also created bullish tailwinds for gold prices. As of 4:00 PM Eastern standard time, gold futures are trading up $7.50 on the day at... Read more 03/22/2018
Gold Prices Spike as Fed Indicates That They Will Stay the Course
The much-anticipated FOMC meeting concluded today, resulting in an announcement that they will raise the Fed funds rate by 25 basis points (1/4%). This was in complete alignment with existing market sentiment. They also announced that they would stay the course and are projecting a total of two more rate hikes this year, for a total of... Read more 03/21/2018
U.S. Dollar Continues to Be Largest Contributor to Gold Pricing
Gold is trading under pressure today, currently trading off by $7.80 and fixed at $1,310. As of 4:51 PM Eastern standard time, gold prices have given up all of yesterday’s gains and closed at below yesterday’s open. However, yesterday’s gains, as well as today’s selloff, have been a direct result of dollar strength and dollar weakness... Read more 03/20/2018
Gold Stages a Swift Recovery
Last night, gold prices traded lower overseas. Moving to a two-week low Monday morning in European trading, gold dropped to $1,307.50. Concerns about the outcome of this month’s FOMC meeting, which begins tomorrow and concludes on Wednesday, was a significant contributing factor to the selloff. The nervousness behind the lower pricing... Read more 03/19/2018
Waiting on The Fed
Although the probability of a rate hike at the conclusion of this month’s FOMC meeting next week is extremely high, traders, analysts, and investors continue to have a wait-and-see attitude. The countdown clock on the CME’s FedWatch tool currently reads: 4 days, 19 hours, 9 minutes and counting, as of 3:51 PM Eastern standard time... Read more 03/16/2018
Gold on Track to Close Lower for the Fourth Consecutive Week
Over the last three consecutive weeks, gold has closed on Friday below the opening price on Monday. Even though there is still one more trading day this week, it seems probable that tomorrow’s closing price will be below Monday’s opening price. After trading to a double top at $1360 during the week of February 12, market forces and... Read more 03/15/2018
Traders Focus on Equities and Upcoming FOMC Meeting
Is this the quiet before the storm or the quiet before the quiet? Gold is trading in a narrow and defined trading range. Only eight dollars separates the intraday low and intraday high for today’s trading range. Currently gold futures, basis the most active April contract, is trading -$1.40 lower and fixed at $1,325.70. With next week... Read more 03/14/2018
Tillerson Exit and CPI Data Take Dollar Lower
Although not a fall from grace, the U.S. dollar lost further ground today in response to the departure of the U.S. Secretary of State Rex Tillerson, as well as the CPI data report. Now for the third consecutive day, the U.S. dollar has traded under pressure to close lower on the day, as well as containing a lower low and lower high than... Read more 03/13/2018
Equal Parts of Weak Dollar and Selling Pressure Leave Gold Unchanged
Selling pressure in gold, as well as a strong U.S. dollar, have canceled each other out to leave gold unchanged on the day. As of 3:30 PM Eastern standard time, April gold futures are currently unchanged and trading at $1,324 per ounce. Spot gold is currently fixed at $1,322.90, which is a net loss of $0.20 on the day. According to... Read more 03/12/2018