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RECENT EDITORIALS

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February 3rd, 2023

Central Bank Rate Hikes Whipsaw Gold Traders

The gold price began the week with a technically bullish monthly close near $1950 on Tuesday. The safe-haven metal rose $120 in January on the back of strong central bank buying data from the World Gold Council (WGC). Global central banks purchased 1,136 tons of gold in 2022, driving...

OTHER EDITORIALS

Central Bank Rate Hikes Whipsaw Gold Traders

February 3rd, 2023

The gold price began the week with a technically bullish monthly close near $1950 on Tuesday. The safe-haven metal rose $120 in January on the back of strong central bank buying data from the World Gold Council (WGC). Global central banks purchased 1,136 tons of gold in 2022, driving demand for bullion to the highest mark since 2011...

Gold Consolidating Gains Above $1900 into Fed Week

January 27th, 2023

The gold price is up over $100 in the first month of 2023, its best start to the year since 2012. After a false breakout to the downside during the final quarter of 2022, gold has zoomed $332 an ounce from its November low at $1618. This now 20% rally over the past three months has technically placed the safe-haven metal in a bull market, suggesting further gains ahead...

Junior Gold Stocks are Poised to Outperform in 2023

January 20th, 2023

With the rally in gold prices over the past two months having defied analyst expectations for continued weakness, precious metals remain under-owned and out of favor despite their strong relative and absolute performance into 2023.Since a monthly triple-bottom took place in November, I related in this space last week that the gold price continuing its climb has been mostly due to...

Global Swapping of Dollars for Gold has $2000 per oz in View

January 13th, 2023

On Thursday, Gold Futures breached $1900 per ounce for the first time in eight months after growth in U.S. consumer prices and inflation slowed as forecast in December, aiding the Federal Reserve’s goal of continuing with smaller rate hikes in 2023.The benchmark COMEX Gold Futures contract has risen over 4% since the start of the year, extending its now 18% rise from...

Gold Continues to Climb a Wall of Worry into 2023

January 6th, 2023

After two years of consolidating huge gains made during the early stages of the pandemic in 2020, the gold price comes into the new year climbing another wall of worry. Gold's time-tested role as a safe-haven returned in late Q4 2022 and has been carried over to January with investors seeking shelter from what has been forecast to be another challenging year...

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