Commodity Trade Mantra

Posts Tagged ‘Volatility in Gold’

Gold Firmly In A Bull Market - Irrespective of Any Election Outcome & Short-Term Market Volatility

Gold’s rally peaked on July 10th & ever since, immense uncertainty has prevailed. Our case for gold is to consider the long haul. Whether or not there could be a gold market correction is not the issue. We trust the fundamentals: it is clear that we are still in the middle of the long-term gold rally. Gold has not seen the end of it; there is still a long, long way to go.

Weekly Outlook for Silver Prices - Volatility in Gold Prices on the Rise

At present, the bias in silver prices is to the upside, as new buying appeared to be behind last week’s advance in prices, as open interest increased nearly 6% through Thursday. In addition, the U.S. economic calendar for the week is full. The possibility of victory for Trump & a second US interest rate hike could cause increased volatility in gold & could rise as high as $1,425.

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