Commodity Trade Mantra

Posts Tagged ‘Gold Market’

Here's what will Propel Gold Prices to Levels which Few can Imagine Today

We must remember that 1976-80 gold went up 8.5x from $100 to $850. This time the situation is much more explosive so a 10 fold increase is not unrealistic. Here are 10 factors that are neither based on hope, nor fantasy. It is not a question if they will happen but only WHEN, and will happen, faster than imaginable. The compound effect of these 10 factors should push gold prices up at least 10-fold.

Gold Buying Opportunity on Price Weakness in the Golden Week

The main contributor to the pullback in Gold prices is likely the fact that markets in China will be closed this week in observance of Golden Week. Given that the country is the world’s largest gold market, the metal has in the past depreciated leading up to the week-long celebration. I believe this could be a good buying opportunity. The US Dollar Index break out also seems to fade out soon.

Here's The Fundamental That Matters Most To The Price Of Gold

There are the positive geopolitical fundamentals & positive economic fundamentals (that we all know about) for the price of gold. In relative terms, none of these fundamentals count. There is one more important fundamental for the price of gold. Not only is it the most important fundamental, but it involves a variable which dwarfs all other fundamentals in magnitude — combined.

This Explains the Current Manipulated take-down in the Price of Gold

This explains the current manipulated take-down in the price of gold despite rising seasonal demand from India & China. There is a direct correlation between this sudden leap in the amount of gold swaps conducted by the BIS between July and August and the price attack on gold. The outstanding balance is now higher than it was in 2011, leading to the violent take-down of the price of gold then.

While Gold builds Momentum after Breakout, Silver Indicates End of Bear Market

The long-term outlook for gold couldn’t be better with it looking destined to break out from a giant 4-year long base pattern to enter a bull market that promises to dwarf the last one. Since silver is in the late stages of forming the Right Shoulder of its H&S bottom it is at a good point to accumulate, although this is likely to be the last chance to buy silver anywhere near to its bottom.

Silver Stocks - The Biggest Beneficiaries of Rally in Gold Prices

While rising gold prices should be good news for gold stocks, it may be even better news for silver stocks. Most silver stocks have diversified their production portfolios in recent years as a result of spot silver’s volatility & that led many to reduce their exposure to silver & increase their exposure to gold. Also at 75-to-1 right now, the ratio suggests that silver may have a chance to outperform gold.

Copper Price Movements - A Source of Good Cheer for Silver Bugs

A source of good cheer for silver bugs is the copper chart. Copper tends to lead the metals and its recent breakout from a Head-and-Shoulders bottom on strong volume certainly augurs well for gold and especially silver, which is also an industrial metal. Silver has the dual virtue and being both a precious metal and a vital industrial metal. Just watch what happens around soon enough.

Why Investing in Gold is more Attractive after Prices Break above $1300

Gold is showing decent strength going into the end of summer breaking above strong psychological and technical level of $1300 per ounce which can finally confirm the beginning of long-term bull market. There is no lack of fundamentals supporting the move upwards. Here are the 13 most important drivers of the coming long term precious metals bull cycle.

Gold Breaks Out - With Ratio still in High 70's, Can a Massive Rally in Silver be far Behind?

Gold has broken out of its summer doldrums & silver is benefiting as well. Gold is still trading at a high price historically relative to silver. If silver can now start showing leadership, that would be bullish for the entire precious metals complex. The gold:silver ratio currently stands at about 75:1. A rapid move to the low 30s or even further to the downside could be in store for those who buy silver now.

Gold Outperforms Stocks - And This Bull Market in Gold and Silver is Just Beginning

The great news is that this nascent bull market in gold and silver, or more accurately second upleg of the larger bull market that started in about 2001 is set to dwarf the 2001—2011 upleg. Despite Dow Jones records that have kept all eyes focused on the meteoric rise of the the S&P 500, gold has actually outpaced stocks in 2017. And now even the mainstream is starting to sit up and take notice.

Gold Prices may be Slow to Rise, but the Direction seems Completely Certain

Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors driving the dollar lower are several & disparate. Here is a summary of these trends & explains why the consequence appear certain to drive gold, priced in dollars, much higher.

Fireworks in the Gold Market could start pretty soon

On Friday, we saw the match lit for the gold market. Traders pushed the price of gold above the key $1,300 mark, adding the spark needed to set off the next big trend. I’m expecting the price of gold to start moving higher this week, and to continue to move higher throughout the year. Now that gold looks to be breaking out above $1,300 my short-term profit target is a quick move to $1,500.

Blockchain Revolution is Gunning for the $27 Billion Gold Market Trading

About $27 billion of gold changes hands every day in over-the-counter markets where settlements can sometimes take days, leaving price risk for buyers & sellers. Using blockchain promises more transparency, security & speedier deals. It also could attract new participants at a time when investors are souring on gold-backed ETFs, a key source of growth in physical demand over the past decade.

Gold Prices Poised for an Upside Explosion after Paper Gold Bear Raids Failed

Gold seems poised to resume its march to $1,300 after the paper gold bear raids of late June. Fundamentals are stronger than ever for gold prices. A weak dollar is the Fed’s only chance for more inflation. And that means a higher dollar price for gold. Geopolitical risks are piling up from North Korea, to Syria, to the South China Sea. Get ready for an explosion to the upside in gold prices.

The Shine of Silver Or the Glitter of Gold - Brightest of the two in Years Ahead

Gold is the preeminent monetary metal & throughout history, has projected the most enduring images of wealth. Silver is in its shadows, but as an asset, it contains similar wealth-protecting qualities, perhaps with even greater return potential. Here’s why, silver, a quasi-industrial metal with a rich monetary history, may be about to step out of gold’s shadow & shine brightest in the years ahead.

Fundamental Change - Gold Scrap Slump will Tighten the Gold Market Supply

Normally, when the gold price increases, individuals take advantage by selling old jewelry or scrap into the market. This trend changed in 2017 as global gold scrap supply declined 20% to 563 mt, even as the gold price increased. This suggests that the market is now holding onto its gold rather than sell it into the market… even at higher prices. This is a very POSITIVE indicator for future gold prices.

Potential Catalysts Forming a Great Scenario for Gold Prices

The continuous printing of money, a weak dollar and negative real interest rates – all make a great scenario for gold prices. Another potential catalyst for higher gold prices may be the theater surrounding the hiking of the debt ceiling in Washington. We’re also in the seasonal pattern for gold prices where it’s usually from here up to the Chinese New Year, a succession of higher highs.

Gold Demand in India is Bound to Rise - Here Is Why

One of the major drivers for demand is the growing middle class & the popularity of gold jewelry during wedding seasons. Acceptability of gold in banking and financial transactions is also on the rise. Also, 60% of gold jewelry demand comes from weddings. We have 10 million weddings every year on average. And more than 60% of India’s people are below the age of 25.

Alarming Rise in Global Debt Levels to wake up Gold from Slumber

The medium- to long-term investment case for gold, I believe, looks even brighter. Many unsettling risks loom on the horizon—not least of which is a record amount of global debt—that could potentially spell trouble for the investor who hasn’t adequately prepared with some allocation in a “safe haven. Paying down this debt will not be easy. Another crisis could be in the works.

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