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At Close: Jun 04, 2026

Gold Payday on Fed's Gamble

11:38am, Saturday, 13'th May 2023
By Imaru Casanova, Portfolio Manager, Gold and Precious Metals; and Joe Foster, Gold Strategist Monthly gold market and economic insights from Imaru Casanova, Portfolio Manager and Joe Foster, Gold St
Gold bounces back from daily low, but it remains in a potentially bearish pattern that could lead to a deeper correction.

Gold futures post a loss for the week

02:00pm, Friday, 12'th May 2023
Gold futures settled lower on Friday to tally a modest loss for the week. “The price action in gold appears to be based on technical levels rather than a tangible change of sentiment,” said Jameel
(Kitco News) - After hitting a high of $2,055 an ounce this week, a move higher in the U.S. dollar weighed on the gold market, forcing the metal to end the week lower.
(Kitco News) - Once again, the gold's price action is stuck in neutral, waiting for a catalyst to ignite a big move, which, according to many Wall Street analysts and retail investors, is expected to
Silver settled below the $24 level, while gold continued to trade above the key $2000 level.
Gold markets rallied during the course of the week, but then gave back quite a bit of it as we continue to see overhead resistance.
Gold markets have fallen a bit during the trading session on Friday as we tried to reach down to word the $2000 level before buyers came back.
U.S. dollar moved higher as traders rushed to buy safe-haven assets. Gold was mostly flat despite stronger dollar.
The prepared investor will preserve wealth and prosper during the next great depression.
Gold prices traded lower again on Friday following two sessions of losses as a stronger U.S. dollar took some of the shine off the yellow metal, prompting some analysts to speculate about an end — o
(Kitco News) - Gold and silver prices are down in early U.S. dealings Friday, with silver falling to a six-week low. A rally in the U.S. dollar index late this week is a bearish outside market element
(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Gold prices slip as U.S. Dollar strengthens, cushioned by economic fears, while investors anticipate rate hike pause and seek clear signals from Fed.
The annual inflation rate in the United States dropped to 4.9% in April 2023, the lowest since April 2021.
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