After a strong start to the week both the gold and silver markets are struggling to find much upward traction. This is on the back of some short-term profit making, as well as FOMC minutes which were slightly more hawkish than the market had expected. Despite how it has performed in the last couple of […]
In this video, we delve into the recent surge in the price of silver, reaching an impressive 11-year high. Join us as we explore the factors behind this significant increase, the impact on the market, and what this means for investors. Stay informed and up to date on the latest developments in the world of […]
Yesterday silver hit a four-week high and gold continues to hold onto recent gains. Today’s labour market data isn’t sparking significant movement in the gold market. However, it is facing some technical selling pressure as it tests resistance levels slightly below $2,400 per ounce. Yesterday’s US CPI report presented a scenario that is bullish for […]
In the late 19th century physiologist John Scott Haldane proposed miners begin to take canaries into coal mines. The idea was that the bird would act as an early detection and warning system for the presence of poisonous gases, namely carbon monoxide. The idea was widely embraced and wasn’t phased out until 1986, when UK […]
Earlier today I spoke to Gareth Soloway, Master Trader and friend of GoldCore TV. It’s been a while since we last spoke to Gareth and went over some key charts. In the time that’s passed we’ve seen gold hit new levels and silver try to play catch-up. This is a very short, sharp and snappy […]
This first quarter of this year was the strongest first quarter for gold demand in 8 years. This was the headline from the World Gold Council’s Gold Demand Trends report for Q1 2024. As expected, central bank demand for physical gold remained strong, whilst gold bar and coin purchases saw a 3% year-on-year increase. All […]
The gold price recently experienced its most significant intraday loss in nearly two years, prompting questions about its trajectory and its status as an investment. In this video, we delve into the reasons behind the drop and whether gold remains a viable investment option. Despite the recent pullback, we maintain our bullish outlook on gold. […]
Yesterday the gold price had a bad day, falling by more than 2%. Is this indicative of things to come? We don’t think so. Whilst we may well see some additional pullback, we don’t expect this to be the end of the gold price rally. Currently, gold is stuck between a rock and a hard […]
It’s been an interesting week in the markets this week. Action in the Middle East has left much of the world appearing as though they are watching a tennis match with heads going back and forth to see what each side’s response will be. Sadly it appears as though this won’t be a case of […]
What a week it has been since our last newsletter. Gold has not let us down and remains firmly above $2, 300. Silver is also finally rolling its sleeves up and getting in on the action, yesterday it came close to a three-year high. Today has been especially interesting with the ECB decision, following the […]