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The Gold Forecast Videos

Chairman Powell speaks to Senate Banking Committee
In a testimony prepared for the Senate Banking Committee, Chairman Jerome Powell conceded that recent data suggested a mixed message as to the current state of the economy in the United States. While some indicators suggested a stabilization in activity, other studies pointed to “a modest rebound”. In his testimony Chairman Powell... Read more 06/16/2020
U.S. equities and the U.S. dollar weigh heavily on gold pricing
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... Read more 06/15/2020
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... Read more 06/15/2020
Gold closes lower on the day, but higher on the week
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... Read more 06/12/2020
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... Read more 06/12/2020
Kitco News: As second wave hits, look for gold to breach $1,800
.pane-views-premium-panel-elements-block-9 { display: none; } .beige-box {display:none;} Gold prices could be expected to surpass the $1,800 an ounce mark by third or fourth quarter of this year, with near term signals remaining bullish, this according to Gary Wagner, editor of TheGoldForecast.com.   Wagner’s... Read more 06/11/2020
.pane-views-premium-panel-elements-block-9 { display: none; } .beige-box {display:none;} Gold prices could be expected to surpass the $1,800 an ounce mark by third or fourth quarter of this year, with near term signals remaining bullish, this according to Gary Wagner, editor of TheGoldForecast.com.   Wagner’s... Read more 06/11/2020
Gold futures trade higher with spot prices sharply lower
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... Read more 06/11/2020
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... Read more 06/11/2020