17
Sep
2009

GoldCore Market Update – Gold Surging in Dollars, Euros, British Pounds and All Major Currencies

Gold

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16
Sep
2009

GoldCore Market Update – Gold at 18 Month High and Looks Set for New Record Highs

Gold
Gold reached an 18 month high at $1,017.50/oz in early European trading this morning. Gold has found its footing in the low $1,000s/oz and looks set to launch an assault on the all time record nominal high of $1,033/oz (on March 17th 2008). 18 months ago tomorrow is when gold surged to its record high (in the aftermath of the Lehman’s bankruptcy) and much consolidation and base building has been done in the last 18 months. Gold now looks very strong both from a technical point of view and a fundamental point of view.

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15
Sep
2009

GoldCore Market Update – Financial System Remains Vulnerable One Year After Lehman Brothers Collapse

Gold

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14
Sep
2009

GoldCore Precious Metals Update – Gold Falls on Dollar Rise and Profit Taking

Gold
A bounce in the dollar has pulled gold back from its overnight high of $1009/oz. Gold’s inability to sustain a robust move through the psychological $1000/oz barrier has seen a further period of profit taking. The next significant points in either direction for gold, will be support at $990/oz and a close above $1,012/oz. The higher figure will regain the trust of investors that gold can challenge the March 2008 highs of $1,033/oz.

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11
Sep
2009

GoldCore Precious Metals Update

Gold

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10
Sep
2009

GoldCore Precious Metals Update

Gold

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08
Sep
2009

GoldCore Precious Metals Update

Gold

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07
Sep
2009

GoldCore Precious Metals Update

Gold
With the Labour Day national holiday in the US today, it should be a quiet day for the precious metals. However, even though a firmer dollar and a bout of profit taking pulled gold back from $1000/oz last week, it only retreated as far as $986/oz before climbing back to $994/oz. This is a strong indicator that gold can maintain its bull trend. The next level of resistance is $997/oz with $1,005/oz and $1,032/oz thereafter.

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04
Sep
2009

GoldCore Precious Metals Update

Gold

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03
Sep
2009

GoldCore Precious Metals Update

Gold

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