The Gold Forecast Videos

Platinum - Palladium Ratio Narrows in Trading Today
An odd mixed bag in the precious metals’ markets today, with gold and palladium trading lower, and silver and platinum trading higher. This all with dollar weakness providing tailwind support for all metal prices. The odd mix I am referring to is the price changes of palladium and platinum. As of 4:30 PM Eastern standard time platinum... Read more 04/03/2019
Solid Economic Data in China and Equity Rally Limits Bullish Sentiment in Gold
We have a mixed bag in the precious metals today with gold and palladium trading higher on the day but platinum and silver trading lower. In terms of percentage gains, once again it is palladium that is leading the way. As of 3:40 PM Eastern standard time, the most active June 2019 palladium contract is up .74%. This is a net gain of... Read more 04/02/2019
Strong Bullish Sentiment for U.S Equities Pressures Gold Pricing
Gold, silver and platinum are all trading lower today. Gold pricing had the greatest percentage drawdown on the day, with the most active June futures contract currently trading at $1291.70 which is a decline of $6.80, or .52%. Silver futures are coming in second with a decline today of $.04 which is a .26% drawdown. Currently most... Read more 04/01/2019
Safe Haven Asset Class Favors Bullish Market Sentiment
The precious metals experienced a recovery today. However, the degree of upside momentum varies greatly from metal to metal. Gold had the smallest percentage gain on the day, with most active June 2019 Comex futures trading up by +0.13%. This amounts to a net gain of $1.70 on the day, with current pricing now at $1296.80. Yesterday’s... Read more 03/29/2019
The Good, the Bad and the Ugly
Looking at price changes today across the board in the precious metals complex, you might think that there is nothing good about it, and in the short-term that is probably correct. So, let’s begin today’s article with the bad. The Bad: Technically Speaking Major Chart Damage Has Occurred The precious metals took a steep decline... Read more 03/28/2019
Palladium Futures Plummet
For the first time since late August of 2018 palladium futures pricing has broken below its 50-day moving average. Palladium’s historical rise began on August 14th, 2018 after pricing bottomed to $815 per troy ounce. Within the next three months palladium pricing had breached $1,000 per ounce trading to a high of $1135 by October 23rd of... Read more 03/27/2019
Technical Selling and Renewed Risk-On Market Sentiment Pressure Gold Prices
Considering that since the beginning of March when gold futures were trading at a low $1280 per ounce, gold has gained some real distance in value during the month. Even with today’s modest decline, gold futures basis the most active April contract is trading at $1315.70. Today’s decline can be slightly attributed to selling by market... Read more 03/26/2019
$1,374 Is Gold’s Next Target, Here’s How - Expert
KITCO NEWS Published on Mar 24, 2019 Gold should benefit on the back of weakening equities, and should the next resistance level be broken, $1,374 an ounce should be the next target, this according to Gary Wagner, editor of TheGoldForecast.com. “My current target is $1,374 [an ounce] and that is based upon a Fibonacci extension of... Read more 03/25/2019
Major Fund Managers Join Global Central Banks With a Bullish Outlook on Gold
On Friday’s report I spoke about the fact that the major central banks have been quietly accumulating and adding to their gold reserves. According to the World Gold Council central banks continue to buy gold even after last year’s unprecedented accumulation. In 2018 central banks added a combined 651.5 tonnes of gold to their holdings... Read more 03/25/2019