Senior Trader Daily Update 2 November 2017
Good morning everyone. Choppy trading within the recent range for precious metals was seen in reaction to the release of a raft of economic data and ahead of the US Feder...
02 November 2017
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Good morning everyone. Choppy trading within the recent range for precious metals was seen in reaction to the release of a raft of economic data and ahead of the US Feder...
02 November 2017
It’s been a tough few weeks for precious metals bulls, with the price of gold declining to USD $1,275oz, now down nearly 6% from the levels it was trading at in early Sep...
01 November 2017
Good morning everyone. Mixed trade on Monday saw gold and silver in USD and AUD terms firm modestly as investors understandably took a “wait and see” approach and strappe...
31 October 2017
Precious metal prices eased in September, with the price of gold declining by nearly 2%, and silver easing by almost 4%. The month had started off strongly, with gold pus...
04 October 2017
Good morning everyone. Gold and silver trekked sideways in US Dollar terms for the most part during the Far Eastern timezone yesterday, which was affected by National Day...
04 October 2017
Good morning everyone and Happy Friday as the curtain comes down on another month (and quarter) for the year. Mixed trade on Thursday saw bargain hunters lift gold and si...
29 September 2017
Good morning everyone. Gold and silver retreated on Tuesday particularly in US Dollar terms. Profit taking into the North Korean geopolitical news-triggered rally hit the...
27 September 2017
Good morning everyone. Event risk came to the fore again on Monday to cast off the weight of last week’s bearish FOMC policy statement on precious metals values and to la...
26 September 2017
Good morning everyone and happy Friday! XAU/USD & XAG/USD remained under pressure as they continued to feel blowback from Wednesday’s FOMC monetary policy announcement in...
22 September 2017
Good morning everyone. Precious metal values retreated after the US Federal Reserve Bank’s FOMC left interest rates unchanged (as expected) but signalled the possibility...
21 September 2017
Precious metal prices have pulled back meaningfully in the past 10 days, with gold falling to just USD $1,309oz, a decline of almost 3% from levels seen in earlier Septem...
20 September 2017
Good morning everyone.Gold and silver consolidated and tread water on Tuesday ahead of Wednesday’s MonPol announcement by the US FOMC, as the markets await guidance from...
20 September 2017
Good morning everyone. Precious metals have been on the slide since the air came out of the ‘safe-haven’ trade (i.e. geopolitics) with gold in particular, hitching its ca...
19 September 2017
Good morning everyone and Happy Friday! A tumultuous day in the markets saw gold and silver eventually close near session highs. Gold and silver were driven hither and yo...
15 September 2017
Good morning everyone. Range trading / consolidation was seen in gold for much of the Far Eastern and European sessions on Wednesday but the big move came during US tradi...
14 September 2017
Good morning everyone. Not a lot to report from Tuesday’s activity in the precious metals markets with intraday speculative jockeying seeing gold drift lower during the F...
13 September 2017
Good morning everyone.US equities rebounded sharply back towards recent record highs, as last week’s investor bearishness on the back of forecast apocalyptic devastation...
12 September 2017
Good morning everyone and I trust you had a good weekend.XAU/USD registered its highest level since mid-August last year as geopolitics, receding yields on US Treasuries,...
11 September 2017
Good morning everyone. Gold, having reached its highest level in USD terms since late September last year on Tuesday, (spurred on by geopolitical tensions, receding yield...
07 September 2017
Good morning everyone.Some fairly brutal price action was seen on Tuesday, particularly during the offshore time zones of Europe and the US, with gold slammed lower USD 1...
06 September 2017
Good morning everyone. Gold gapped approximately USD 10.00 and AUD 7.00 higher on the open in Asia yesterday, as the markets had their first opportunity to react to the n...
05 September 2017
It’s been a strong month for precious metal bulls, with the price of gold rallying well above USD $1300oz, up some 5% since the start of the August. Year to date, the met...
03 September 2017
After being range bound and unable to break through the key US $1,300oz level since Nov 2016, gold has staged a sharp rally overnight on the back of heightened tensioned...
28 August 2017
Good morning, Gold – as described by Andre in yesterday’s morning wrap – broke free post-Jackson Hole in hectic trading. Notably pull-backs in price pre the Jackson Hole...
28 August 2017
Hello everyone, Friday’s trading saw the markets go into a holding pattern ahead of speeches at the central bank conference in Jackson Hole by arguably the two most power...
27 August 2017
Markets traded fairly narrowly just ahead of the Jackson Hole Symposium, with Janet Yellen speaking – possibly for the last time – Friday morning. Observers will be keen...
25 August 2017
Gold and JPY moved slightly higher as the Donald moved swiftly to correct my erroneous and unfounded report via Mitch McConnell that the debt-ceiling was safe in the hand...
24 August 2017