The Gold Forecast Videos

Gold Resilient in Light of Falling British Pound and U.S. Dollar Strength
In light of an extremely strong U.S. dollar, gold is holding up quite well today. We only need to look at the KGX (Kitco Gold Index) to illustrate that point. As of 5:00 PM Eastern Standard Time, spot gold is currently fixed at $1,243.30, which is a net decline of $4.40 on the day. Today’s decline is 100% the direct result of a... Read more 12/10/2018
Plunging U.S Stocks, As Trade War Concerns Returns Gold’s Safe Haven Status
Today’s jobs report, certainly the most significant economic data to come out this month, came in well under analyst expectations with 155,000 new jobs being added in the month of November. Analysts had projected that 200,000 new jobs were added last month. U.S. equities reacted and continued their massive selloff with the Dow Jones... Read more 12/07/2018
Gold Scores Fractional Gains Amid Falling Stock Prices
U.S. equities once again traded under tremendous pressure, down almost 800 points at the intraday low today. The Dow Jones Industrial Average has traded to a low which amounted to a 1,500 point drop this week before recovering in the afternoon session. With 45 minutes remaining in trading, as of 4:15 PM Eastern Standard Time, the Dow was... Read more 12/06/2018
Gold Trades Slightly Lower in Subdued Trading
As of 5:15 Eastern Standard Time, gold futures are fixed at $1,242.80, which is a net decline of $3.80 (-0.31%) on the day. After trading above $1,246 yesterday, gold pricing found resistance at the 50% Fibonacci retracement and began to trade lower. Spot gold was also marginally lower in trading today and currently fixed at $1,236... Read more 12/05/2018
Dow Plunges Almost 800 Points, Gold Scores Moderate Gains
Within the final 10 minutes of trading, as traders watched the U.S. equities markets close, the Dow Jones industrial average plunged almost 800 points as it traded to an intraday low today of 25,008. When the dust settled, the Dow had lost 799.36 points, with a net decline of over 3%, and settled at 25,027.07. Real doubts have been... Read more 12/04/2018
China – U.S Meeting Results in Trade War Truce
The face-to-face meeting held by the presidents of both the United States and China resulted in some real forward movement. Both countries have decided to begin a formal truce for the next 90 days. During this time no new additional tariffs will be added on either side. Given the complexity of the current trade war and the number of... Read more 12/03/2018
Can The Leaders of the Two Superpowers Find Common Ground?
Investors and market participants will be focused intently on tomorrow’s face to face meeting between U.S President Donald Trump and Chinese President Xi Jinping at the G20 summit taking place in Buenos Aires, Argentina. The summit which began today has already yielded success in the form of the signing of a new trade agreement... Read more 11/30/2018
What Are the Odds?
par·i·ty1 /ˈperədē/ the state or condition of being equal, especially regarding status or pay. "parity of incomes between rural workers and those in industrial occupations." the value of one currency in terms of another at an established exchange rate. What are the odds? Better yet, what were the odds a couple of... Read more 11/29/2018
Traders Focus on Federal Reserve Report and Upcoming G 20 Meeting
It seems that the Federal Reserve has modified their monetary policy in regards to their current program of quantitative normalization. Beginning in 2015, the Fed ended their quantitative easing policy which flooded the market with almost interest-free capital as the Fed’s balance sheet swelled to just over $4.5 trillion. They began to... Read more 11/28/2018