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Near-Term Market Volatility Supports Gold

Kelly Smith

29 May 2015The U.S. Comex gold futures have declined 1.32% this week compared to -0.21% for the S&P 500 Index, -0.62% for the Euro Stoxx 50 Index, and -3.42% for the crude oil futures.

Fed's Move Likely in the Gold Price Already

Kelly Smith

20 May 2015After rallying 3.06% last week and 1.23% the week before, the Comex gold futures fell 1.52% this week to $1,206.70 on Tuesday.

A Well-Balanced Gold Market in Q1

Kelly Smith

15 May 2015The U.S. Comex gold futures jumped 3.05% week-to-Thursday compared to 0.30% for the S&P 500 Index, -0.89% for the Euro Stoxx 50 Index, and -1.41% for the Dollar Index.

Investors Positioning Points to More Gold Short-Covering Rally

Kelly Smith

13 May 2015The U.S. Comex gold futures climbed 0.29% to $1,192.40 in the past two days while the S&P 500 Index dropped 0.78% and the Euro Stoxx 50 Index fell 1.76%. The Dollar Index also retreated 0.27% to 94.534 on Tuesday.

U.S. Labour Data and the Oil Prices are Key to Gold Prices

Kelly Smith

08 May 2015The U.S. Comex gold futures dropped $11 in the past two days and ended at $1,182.20 on Thursday.

Gold Prices Reacting to European Volatility and Global Bond Uncertainty

Kelly Smith

06 May 2015After being flat in April, the U.S. Comex gold futures rose $10 to end at $1,192.50 on Tuesday.

A Falling Dollar did not Help Gold Prices in April

Kelly Smith

01 May 2015The U.S. Comex gold futures ended at $1,182.40 at the end of April and fluctuated between $1,174 and $1,224.

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