Thursday , January 21 2021
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Tag Archives: Gold

Video: Gold Price Forecast as of 20 January 2021

In the present video, Phil Carr from The Gold and Silver Club talks about gold as of January 20, 2021, mentioning silver as well. He starts by talking about the performance of the metals this week so far. Phil then explains what factors will be driving the market during the rest of the week as well as the next week. If you found this video useful and want to see more videos like this one...

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Conventional Wisdom Is Nothing of The Sort

If you had known in October all that would transpire over the next 2 ½ months, how would you have positioned your portfolio? The conventional wisdom before the election was that a Biden win would be negative for stocks because he has promised to raise taxes and specifically corporate taxes. In 2016, conventional wisdom was that a Trump victory would be bad for stocks because of his protectionism. In both cases, conventional wisdom turned out to be nothing of the sort. After the November...

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Video: Updated Gold Price Analysis for January 2021 – Buying Opportunity for Gold?

In the present video, David Jones from Capital.com provides his updated forecast for gold in January 2021, trying to answer the question: whether the recent pullback was a reversal of the bullish trend or a buying opportunity? He starts the video by discussing the recent moves of the yellow metal as well as fundamental factors that were affecting them and will be influencing prices...

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Gold Records Modest Rally Amid Subdued DXY, Chinese Premiums

Gold futures are posting modest gains to start the holiday-shortened trading week. The yellow metal is coming off a weekly loss as bullion prices take a hit amid a strengthening US dollar. Gold was also impacted by President-Elect Joe Biden’s stimulus and relief spending proposals that investors think a large portion will not be approved by lawmakers. In these uncertain times, where is the precious metal headed? February...

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Video: Weekly Commodity Forecast – Gold, Silver, Platinum for January 18-22, 2021

In the present video, Phil Carr from The Gold and Silver Club provides his forecast for gold, silver, and platinum for the week of January 18–22, 2021. He starts the video by discussing Friday’s drop of metals and what fundamentals are affecting their prices. Phil then turns to technical analysis, showing charts and explaining price moves. If you found this video useful and want to see more videos like...

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Gold, Silver Plunge on Soaring Dollar, Lower-Than-Expect Producer Prices

Gold futures are cratering to finish the trading week, driven by an accelerating rally in the US dollar. The precious metal’s plunge was exacerbated by producer prices rising less than expected. But gold prices may have limited their losses after the Federal Reserve revealed that it would not be exiting from its accommodative monetary policy strategy anytime soon. February gold futures plummeted $23.60, or 1.27%, to $1,827.80 per...

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Video: Gold in Middle of Week of January 11-15, 2021

In the present video, Phil Carr from The Gold and Silver Club talks about gold in the middle of the week of January 11–15, 2021. He starts the video by discussing the recent price moves, the reasons behind them, and how traders could have reacted to them. Phil then talks about the current behavior of gold and what traders can do going forward. If you found this video useful and want to see...

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Gold Rebounds on US Stimulus Hopes, Capped by Stronger Dollar

Gold futures are staging a rebound to kick off the trading week as the yellow metal attempts to post its first weekly gain of 2021. Gold is rallying mostly on renewed fiscal stimulus and relief hopes, triggering inflation concerns. But a strengthening US dollar put a cap on the metals market. February gold futures surged $14.80, or 0.81%, to $1,850.10 per ounce at 15:55 GMT on Monday on the COMEX...

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Video: Weekly Commodity Forecast – Gold, Silver, Platinum for January 11-15, 2021

In the present video, Phil Carr from The Gold and Silver Club provides his forecast for gold, silver, and platinum for the week of January 11–15, 2021. He starts the video by discussing the recent moves of the metals and what fundamental factors were affecting them, as well as what factors will be affecting markets in the future. Phil then turns to technical analysis, showing charts...

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Commodities Week in Review: January 4 to January 8

Commodities Week in Review: January 4 to January 8 Agriculture  Agricultural commodities were a mixed bag during the first trading week of 2021 as a strengthening US dollar weighed on many crops. But output levels and tighter inventories supported agricultural products, like corn and soybeans. After a roaring 2020, can the broader agriculture market continue the momentum in 2021? Cocoa  Friday Settlement: -$12.00, or 0.48%, to $2,504 per metric ton Weekly Performance: -3.58% YTD Performance:...

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