Daily Gold News: November 29 – Gold Is at New Medium-Term High
Gold price is the highest since May; markets await series of data.
Gold price is the highest since May; markets await series of data.
Gold continues to trade above $2,000 level; Consumer Confidence release is in focus.
Silver shot up again! Excited? And rightly so, because it’s a very important indication.
Gold price is breaking above the recent htrading range on weaker USD.
Gold price extends its consolidation along $2,000 level, PMI data in focus.
Gold price broke above $2,000 level again; markets await more economic data.
Gold is trying so hard to move above $2,000… The dramatic attempt gets many heads turning, but… It doesn’t look good.
Miners have already decided what they want to do, and now they are simply waiting for a sign. And they are about to get it.
We got the silver signal, we saw the analogy to the previous low-CPI-number surprise, and now we have this.
Amid a Thanksgiving-induced market calm, this week saw the dollar stabilize and U.S. yields rise, hinting at only a temporary shift in market dynamics.
Silver just shot up, and given what the stock market is doing, it makes perfect sense.
What we know about gold is simple and straightforward. Gold is real money and a long-term store of value.