Senior Trader Daily Update 21 September 2017

Good morning everyone.
 
Precious metal values retreated after the US Federal Reserve Bank’s FOMC left interest rates unchanged (as expected) but signalled the possibility of on...

Gold Pulls Back as Markets Hit New All Time Highs!

Precious metal prices have pulled back meaningfully in the past 10 days, with gold falling to just USD $1,309oz, a decline of almost 3% from levels seen in earlier September.

Silver has f...

Senior Trader Daily Update 20 September 2017

 
Gold and silver consolidated and tread water on Tuesday ahead of Wednesday’s MonPol announcement by the US FOMC, as the markets await guidance from...

Senior Trader Daily Update 19 September 2017

Good morning everyone.
 
Precious metals have been on the slide since the air came out of the ‘safe-haven’ trade (i.e. geopolitics) with gold in particular, hitching its c...

Senior Trader Daily Update 15 September 2017

Good morning everyone and Happy Friday!
 
A tumultuous day in the markets saw gold and silver eventually close near session highs.
 
Gold and silver were driven hithe...

Senior Trader Daily Update 14 September 2017

Good morning everyone.
 
Range trading / consolidation was seen in gold for much of the Far Eastern and European sessions on Wednesday but the big move came during US trading when the...

Senior Trader Daily Update 13 September 2017

Good morning everyone.
 
Not a lot to report from Tuesday’s activity in the precious metals markets with intraday speculative jockeying seeing gold drift lower during the Far Ea...

Senior Trader Daily Update 12 September 2017

 
US equities rebounded sharply back towards recent record highs, as last week’s investor bearishness on the back of forecast apocalyptic devastation...

Senior Trader Daily Update 11 September 2017

Good morning everyone and I trust you had a good weekend.

XAU/USD registered its highest level since mid-August last year as geopolitics, receding yields on US Treasuries, huge ETF demand...

Senior Trader Daily Update 7 September 2017

Good morning everyone.
 
Gold, having reached its highest level in USD terms since late September last year on Tuesday, (spurred on by geopolitical tensions, receding yields on US Tre...