Friday, September 03, 2010
Latest Futures News Futures RSS

Can Gold Go Higher?

I’ve done a number of interviews on gold recently and the number one question I get most from reporters is—can gold prices go higher?
My answer is yes.

Short-term, “record gold prices” are a bit of a misnomer. On an inflation-adjusted basis, gold’s real record price would be over $2,300 an ounce.
Looking at our oscillators, gold appears [...]

September 3 2010 | Posted in Futures | Read More »

Can Gold Go Higher?

I’ve done a number of interviews on gold recently and the number one question I get most from reporters is—can gold prices go higher?
My answer is yes.

Short-term, “record gold prices” are a bit of a misnomer. On an inflation-adjusted basis, gold’s real record price would be over $2,300 an ounce.
Looking at our oscillators, gold appears [...]

September 3 2010 | Posted in Futures | Read More »

Can Gold Go Higher?

I’ve done a number of interviews on gold recently and the number one question I get most from reporters is—can gold prices go higher?
My answer is yes.

Short-term, “record gold prices” are a bit of a misnomer. On an inflation-adjusted basis, gold’s real record price would be over $2,300 an ounce.
Looking at our oscillators, gold appears [...]

September 3 2010 | Posted in Futures | Read More »

Metals Commentary

December gold futures closed up $5.00 at $1,253.10 yesterday. Prices closed nearer the session high and closed at a fresh nine-week high close yesterday. A weaker U.S. dollar and some more safe-haven buying boosted the gold market yesterday. Bulls still have upside technical momentum, have the solid technical advantage and are poised to challenge the [...]

September 3 2010 | Posted in Futures | Read More »

Metals Commentary

December gold futures closed up $5.00 at $1,253.10 yesterday. Prices closed nearer the session high and closed at a fresh nine-week high close yesterday. A weaker U.S. dollar and some more safe-haven buying boosted the gold market yesterday. Bulls still have upside technical momentum, have the solid technical advantage and are poised to challenge the [...]

September 3 2010 | Posted in Futures | Read More »