The Gold Forecast Videos | The Gold Forecast

The Gold Forecast Videos

You Can’t Have Cake and Eat It Too
According to Wikipedia, “You can't have your cake and eat it (too) is a popular English idiomatic proverb or figure of speech. The proverb literally means "you cannot simultaneously retain your cake and eat it". Once the cake is eaten, it is gone. It can be used to say that one cannot have two incompatible things, or that... Read more 08/27/2019
Gold Scores Fractional Gain, But Closes Well Off of Last Night’s High
Gold futures closed fractionally higher today, with the most active December contract currently up $0.70 and fixed at $1538.20 per ounce. Last night as gold traded overseas to a high of $1565 per ounce. This is the highest trading price gold has had not only this year but in the last six years. On Friday, August 23 gold futures soared... Read more 08/26/2019
U.S. Equities Plummet, Gold Soars Following Chinese Tariffs and Trump Tweets
On a day when many analysts expected Federal Reserve Chairman Jerome Powell to be in the spotlight it was in an announcement by China that they would begin retaliatory tariffs against products they import from the United States, as well as tweets in response to the Chinese announcement by President Trump that sent the financial markets... Read more 08/23/2019
Market Participants Await Chairman Powell’s Speech on Friday
Above all, the current monetary policy of the Federal Reserve as revealed by the minutes of last month’s FOMC meeting released yesterday lacks clarity. There is no clear picture of the current path of potential rate cuts by the Federal Reserve for the remainder of the year and the first quarter of 2020. In fact, according to the minutes... Read more 08/22/2019
Fed Minutes Leave Analysts and Market Participants Wanting More
This afternoon at 2 PM EDT the Federal Reserve released the minutes from the July FOMC meeting which was held on the 30th and 31st of last month. From the perspective of analysts and market participants they were looking for any hint or indication of the current plans by the Federal Reserve to initiate more interest rate cuts later this... Read more 08/21/2019
Gold Holds $1500 as Traders Await Fed Chairman Powell’s Speech on Friday
After trading sharply lower yesterday, gold futures have recovered after holding the key level of $1500 per ounce. Yesterday’s range took gold futures to a low of $1503.30. Today gold’s intraday low was $1503 per ounce before trading higher. As of 3 PM EDT the most active December Comex futures contract is up five dollars and fixed at $... Read more 08/20/2019
Gold Futures Trade Sharply Lower but Holds $1500
Gold futures basis the most active December contract have sold off sharply in trading today. As of 4:17 PM EDT gold futures are currently fixed at $1506 per ounce which is a net decline of $17.60 on the day. Dollar strength contributed to today’s decline with only a nominal percentage of the decline being attributable to gains in the... Read more 08/19/2019
Gold Consolidates After Hitting a Record High Close This Week
Gold pricing consolidated in trading today after market participants took gold pricing to the highest daily closing price this year. As of 4 PM EDT gold futures basis the most active December contract is currently trading down $6.30 (-0.42%), and fixed at $1524.50. The result of this week’s trading even with today’s moderate selloff is... Read more 08/16/2019
Gold at a Record High Close for This Year
As of 4:40 PM EDT gold futures basis the most active December contract is currently up $7.20 and fixed at $1535 per troy ounce. This is a new record close for this calendar year. Although gold futures had traded to an intraday high of $1545 on Monday of this week, the effective close came in at $1514. It is been a perfect storm market... Read more 08/15/2019