Gold consolidating in new range; downward pressure on US inflation levels is fading After a 20% gain in dollar terms from the start of November through to last Monday 16th January, gold is now taking a much-needed period of consolidation, trading between $1,900 and $1,930. Despite being technically overbought for most of January, prices have […]
At last!
It was starting to feel like Groundhog Day – the same range, time after time… then last week gold finally broke out to the upside. Not by much, but the range has changed and we are now in a period of consolidation. With the exception of just under a fortnight in November last year when […]
Weekly markets round-up for Coininvest
Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. Swiss Gold Trade The Swiss trade figures are usually a good barometer for the state of the precious metal markets, given the importance of […]
Weekly markets round-up for Coininvest
Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. Since we last wrote a fortnight ago the gold market has been subject to further dislocation, with the COMEX June contract moving to a […]
Weekly markets round-up for Coininvest
Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. Silver has sprung to life, pushing through resistance at $16 to touch an intraday high of $16.50 on Friday, a 13-month high and taking […]