The Gold Forecast Videos | The Gold Forecast

The Gold Forecast Videos

Gold futures close at new all-time record high, even with dollar strength
It’s about the Benjamin’s, at least for today. It was dollar strength that curtailed more upside gains in gold. Even with moderately higher dollar, once again gold futures closed at a new all-time record high. The most active December 2020 Comex contract traded to an intraday high $2009.50, and as of 4:14 PM EDT is currently fixed at $... Read more 08/03/2020
Gold closes at a new all-time record high – now within striking distance of $2000
Gold has risen ten out of the last eleven trading days. This week alone gold has traded to a new all-time record high on four of the five trading days. Most impressive was the closing price of gold futures today. The most active December 2020 Comex gold futures contract gained $27.20 and settled at a new all-time record high of $1994.00... Read more 07/31/2020
Gold; Short Term Weakness, Long Term Strength
After witnessing gold prices rise roughly $500 in the last four months, it is not illogical to expect prices to pull back at some point and enter a correction of some sorts. After nine consecutive trading days that resulted in higher pricing today gold showed its first sign of any weakness. While the fundamental backdrop that has moved... Read more 07/30/2020
U.S. Dollar and Federal Reserve Highly Supportive of Gold
Today it was a combination of dollar weakness, and an extremely accommodative Federal Reserve that continued to support the current bullish market sentiment for gold. Dollar weakness began in the middle of March after reaching a high of 103. In the last four months the dollar has lost approximately 10% in value and is currently fixed at... Read more 07/29/2020
Today it was a combination of dollar weakness, and an extremely accommodative Federal Reserve that continued to support the current bullish market sentiment for gold. Dollar weakness began in the middle of March after reaching a high of 103. In the last four months the dollar has lost approximately 10% in value and is currently fixed at... Read more 07/29/2020
$2000 Gold may be closer than you think
If the futures market is any indication of where traders think gold is going, then $2000 gold might be much, much closer than we think. Currently the December contract of Comex gold futures are trading at $1971.40, which is a net increase of $16 on the day. Considering the speed at which gold pricing has accelerated to the upside, $2000... Read more 07/28/2020
If the futures market is any indication of where traders think gold is going, then $2000 gold might be much, much closer than we think. Currently the December contract of Comex gold futures are trading at $1971.40, which is a net increase of $16 on the day. Considering the speed at which gold pricing has accelerated to the upside, $2000... Read more 07/28/2020
While it is not the best of time for some, it is the worst of times for many
While it may not be the best of times for the upper working class of America, it is certainly not the worst of times as it is for the millions of Americans that are out of work. Those living paycheck to paycheck who have jobs, and for those who have lost their jobs and are facing the end of this current round of aid from the “Care Act”... Read more 07/27/2020
While it may not be the best of times for the upper working class of America, it is certainly not the worst of times as it is for the millions of Americans that are out of work. Those living paycheck to paycheck who have jobs, and for those who have lost their jobs and are facing the end of this current round of aid from the “Care Act”... Read more 07/27/2020