Gold claws back above the $2600 benchmark on this morning’s inflation data, but still looks headed for a weekly loss after the Fed signaled in its Wednesday meeting that the it wouldn’t cut interest rates as many times as had previously been expected in 2025. Continue reading →
Gold steady ahead of Fed meeting
Gold steady in Wednesday morning trading ahead of the Fed’s policy meeting and economic outlook statement this afternoon. Continue reading →
Gold tips up ahead of Fed meeting
Gold tips up in Monday morning trading ahead of Fed meeting as investors awaited the minutes from the policymakers this week that set the stage for potential interest rate cuts in the year ahead. Continue reading →
Gold slips, still headed for weekly rally
Gold slips on profit-taking early Friday, but still headed for a weekly rally amid heightened expectations of an interest rate cut next week by the Federal Reserve. Continue reading →
Gold extends rally after inflation data
Gold extends gains trading near a two-week high early Wednesday, after a U.S. inflation print showed that consumer prices rose in line with economists’ expectations. The yellow metal also getting support from haven demand driven by geopolitical risk. Continue reading →
Gold up on Chinese Bank Purchases
Gold boosts on China Central bank purchases and strengthening expectations for an interest rate cut at the Federal Reserve’s meeting next week. China resumed gold purchases after a six-month pause. Continue reading →
Gold ticks up but aiming for second weekly drop
Gold ticks up after a key jobs report shows higher numbers for November than expected, but the bullion appears to be aiming for a second consecutive weekly drop. Continue reading →
Gold ticked up on jobs report
Gold ticked up early Wednesday on the first of this week’s jobs report as investors await comments from Federal Reserve Chairman Jerome Powell later today for direction on monetary policy. Continue reading →
Gold waned on dollar strength
Gold waned early Monday as the dollar strengthened against the euro on political tensions that may topple the government flared in France. Continue reading →
Thanksgiving Holiday Hours 2024
The Dillon Gage family wishes you and yours a very happy Thanksgiving! Dillon Gage will have the following reduced hours over the holiday weekend. (Note: all times CST)
FizTrade*:
● Thu. Nov. 28th: Open all day, EXCEPT closed Noon to 5 pm
● Fri. Nov. 29th: Closes at 12:15 pm
● Sun. Dec. 1st: Opens at 5 pm
Trading Room & Refinery:
● Thu. Nov. 28th: Closed
● Fri. Nov. 29th: Closed
● Mon. Dec. 2nd: Trading room opens at 7:30 am
We are thankful for your business.
*Based on CME hours and subject to change
Gold rises ahead of inflation report
Gold rises early Wednesday after the minutes of the Federal Reserve’s last policy meeting, which were released Tuesday, showed that the central bank is confident that inflation is easing and the labor market is strong, both conditions for additional interest rate cuts. Continue reading →
Gold slips on profit taking
Gold slips early Monday on trader profit taking, after prices of the metal soared to a three-week peak last week. Continue reading →
Gold rises on Russia-Ukraine escalation
Gold aims for its best week in a year, rising over 1% earlier in Friday’s session, as the conflict between Russia and Ukraine escalated, triggering haven demand. Continue reading →
2024 American Eagle YTD Sales
Here are the 2024 American Eagle YTD sales totals for Gold and Silver American Eagles from the U.S. Mint as of 5pm on November 22nd. The following chart is updated weekly, or as data is provided by the mint. This chart shows the sales from the last report on October 25th. Continue reading →
Gold climbs back over one-week high
Gold climbs back over one-week high, after losing ground in the early hours of Wednesday trading on a stronger dollar. Gold came back on bargain buying, supported by the apparent escalation in the conflict between Russia and Ukraine which is triggering some haven demand. Continue reading →
Gold rebounds on flat dollar
Gold rebounds early Monday, rallying from last week’s selloff on a flat dollar, putting the yellow metal back above the $2600 an ounce benchmark. The bullion was also buoyed by bargain hunters buying the dip. Continue reading →
Gold heads for down week on Fed speculation
Gold heads for a down week driven by Fed speculation. The yellow metal was little changed early Friday, but is poised for its worst week in more than three years, after Federal Reserve Chairman Jerome Powell said that the central bank doesn’t need to be “in a hurry” to cut interest rates because of strong economic growth. A rising dollar is also suppressing the bullion. Continue reading →
Gold ticks up on mild inflation report
Gold ticks up on mild inflation report after hitting its lowest point in nearly two-months in the previous trading session. The yellow metal had already regained ground near the $2600 benchmark in early morning bargain hunting. Continue reading →
Gold down as dollar surges
Gold down as dollar surges in early morning trading. The yellow metal extended declines early Monday after tumbling last week on rising bond yields and a stronger dollar after Donald Trump’s reelection to the White House. The dollar index rose 0.3% in early morning trading following last week’s weekly gain. Continue reading →
Gold steady after Fed, post-election volatility
Gold steady after the Fed rate cut announcement on Wednesday and post-election volatility as Donald Trump prepared to return to the White House. The yellow metal dipped in early morning trading, but the bulls have since brought it back near the $2700 an ounce threshhold. Continue reading →
Shipping to Dillon Gage
With the volatility in precious metal markets, we are experiencing a large increase in the volume of transactions, particularly with incoming shipments. When shipping packages to any Dillon Gage location, we request that you adhere to the following procedures:
- Each box must contain a copy of the purchase order confirmation from Dillon Gage or similar packing slip that has the Dillon Gage PO number or Fiztrade confirmation number.
- Packing slip must reference the Dillon Gage PO number.
- Inventory should be separated and organized according to product type. (i.e. silver rounds separate from silver eagles, etc)
- Metal should be packaged so that it does not rattle around within the box.
- Package should be double-boxed and securely taped.
- For additional details, please watch this short video tutorial.
Thank you for your assistance with this as it will help expedite the processing and payment of transactions. Packages that do not follow these guidelines may experience delays in processing and incur an additional fee.
Also, please note that purchase orders will be automatically updated for any merchandise that arrives and has a discrepancy of 5 oz or less of silver.
Gold fell on election and surging dollar
Gold fell on election results and a surging dollar as well as bond yields after former U.S. President Donald Trump was named the President-elect. The increases in the other assets put pressure on gold as an alternate investment. Continue reading →
Gold steady before election, Fed
Gold steady, little changed early Monday, as the markets and the world waited for the outcome of this week’s U.S. presidential election, and Fed rate decision. Continue reading →
Gold gains on Friday Morning’s Jobs Data
Gold gains on Friday morning’s jobs data which missed expectations. The jobs data combines with yesterday’s U.S. inflation data to pave the way for further interest rate decreases. Continue reading →
Gold rallies on election-related haven demand
Gold rallies early Wednesday to a new record high on election-related haven demand as investors eye the uncertainty surrounding the upcoming U.S. presidential election. The yellow metal shrugged off this morning’s positive jobs report, keeping spot gold near $2,789.73, its newly claimed high. Continue reading →
Gold slips as some geopolitical risk ebbs
Gold slips early Monday as some geopolitical risk ebbs after Iran said its oil industry was operating normally following Israel’s strike on military targets over the weekend. The yellow metal fell $22 an ounce from last week’s record high before climbing its way back above $2740. Continue reading →
Gold heads for weekly increase
Gold heads for a weekly increase, despite some early Friday profit-taking, as haven demand grows triggered by increasing geopolitical tensions and the risks associated with the upcoming U.S. presidential election.
Continue reading →Gold rises on geopolitical risk
Gold rises to another record high early Wednesday on geopolitical risk including the conflicts in the Middle East and the upcoming U.S. election. Spot gold hit a record high of $2,758.37 while U.S. gold futures edged 0.2% higher to $2,764.30. Since the high, the bullion has dropped on profit-taking with spot gold slipping $20 an ounce. Continue reading →
Gold hits new record on Mideast tensions
Gold hits new record over $2700 an ounce, extending gains early Monday, on haven demand driven by Mideast tensions. Silver also soared over $34 an ounce to hit its highest point since 2012. Continue reading →
Gold above $2,700 on geopolitical risk
Gold jumps above $2,700 an ounce early Friday on haven demand from the escalating geopolitical risk in the Middle East. Continue reading →
Gold gains on weaker equities, bond yields
Gold gains early Wednesday, edging up on weaker equities, and Treasury bond yields, making gold a more attractive alternate asset for investors. Continue reading →
Gold Steady on dollar, outlook
Gold steady in Monday trading, balanced between two pressures: a stronger dollar making the yellow metal a less attractive alternate investment and the outlook for Federal Reserve interest rate cuts and geopolitical risk which offer gold support. Continue reading →
Gold ticks up on mild PPI report
Gold ticks up in Friday morning trading as investors digest the release of this morning’s mild PPI report showing easing key inflation for September.
Continue reading →Gold ticks down on U.S. jobs report
Gold ticks down Friday morning on the release of a key U.S. jobs report for September, which may provide signals on the timing and size of the Federal Reserve’s planned upcoming interest rate cuts. Continue reading →
Gold slips on profit-taking and stronger dollar
Gold slips in Wednesday morning trading on profit-taking and a stronger dollar, but the yellow metal still remained near recent record highs supported by the escalation of conflicts in the Middle East. Gold shrugged off this morning’s U.S. employment data. Continue reading →
Gold slips on profit taking
Gold slips on profit-taking early Monday following the yellow metal’s recent record highs, while haven demand following an escalation in the Middle East conflicts over the weekend supported it. Continue reading →
Gold headed for weekly gain near record
Gold headed for weekly gain, sticking near Thursday’s record high. The yellow metal shrugged off this morning’s mild inflation report. Continue reading →
Gold extends record-setting gains
Gold extends its record-setting gains early Wednesday amid anticipation of more Federal Reserve interest rate cuts and the worsening conflicts in the Middle East. Continue reading →
Gold rallies to new record after rate cut
Gold rallies to new record high early Monday, extending the rally that began after last week’s Federal Reserve interest rate cut. Continue reading →
Gold builds to new record after rate cut
Gold builds to a new record high over the $2600 benchmark early Friday after rallying Thursday on the Federal Reserve’s mid-week interest rate cut. The bullion also getting a boost from on-going geopolitical concerns in the Mid-East. Continue reading →
Gold gains ahead of Fed’s rate decision
Gold gains on a weaker dollar Wednesday and traded near a record ahead of the Fed’s rate decision in the afternoon. Continue reading →
Gold extended gains around record
Gold extended gains and traded around record levels early Friday amid optimism about Federal Reserve interest rate cuts next week after a number of data releases this week showed that the economy may be slowing. Gold has hit record highs in each of the past six months and gained about 24% so far in 2024. Continue reading →
Gold drifts lower despite inflation report
Gold drifts a tad lower Wednesday despite this morning’s inflation report that reflects the continuing easing of that economic dynamic, which may influence next week’s Federal Reserve’s monetary policy decision. Continue reading →
Gold rose on rate cut expectations
Gold rose back above the $2500 mark Monday on rate cut expectations. Last week’s release of the key U.S. jobs report for August had cast doubt on how big the Federal Reserve’s long-expected interest rate cut next week will be. Continue reading →
Gold boosts on August jobs report
Gold boosts on the August jobs report after rallying early Friday as it heads for a weekly gain as investors anticipate a Fed rate cut. Continue reading →
Gold steady ahead of jobs reports after early morning dip
Gold steady ahead of jobs reports after experiencing an early morning dip. Investors await the release of some of the last major economic indicators due out before the Federal Reserve policy meeting later this month. Gold briefly lost ground early Wednesday due to an equity sell-off. DG spot gold fell 0.2% to $2,476.14 per ounce, hitting its lowest since Aug. 22nd, while gold futures were also down 0.2% to $2,519.10. Bulls quickly stepped in to buy the dip, reclaiming most of the lost ground. Continue reading →
Gold poised for weekly and monthly gain
Gold poised for a weekly and monthly gain early Friday supported by U.S. rate-cut bets and geopolitical uncertainty, as a key U.S. inflation measure comes in as expected. Continue reading →
Gold little changed ahead of Friday’s economic reports
Gold little changed Wednesday morning ahead of Friday’s economic reports. The yellow metal was steady above $2,500 an ounce but did lose a little ground on a stronger dollar. Continue reading →
Gold steady near record on Fed rate cut anticipation
Gold steady and little changed near record levels early Monday after surging in the previous session on Fed rate cut anticipation, after Fed Chairman Jerome Powell seemed to confirm the central bank’s plans to begin interest rate cuts next month. Continue reading →
Gold steady ahead of Powell remarks
Gold steady early Friday ahead of Powell remarks and remained above $2,500 an ounce after sliding from near-record levels in the previous session. Continue reading →
Gold little changed near record high
Gold little changed above $2,500 an ounce near Tuesday’s record high, bolstered by geopolitical tensions and speculation about an upcoming Federal Reserve interest rate cut. Continue reading →
Gold steady near record high reached on Fed speculation
Gold remains steady early Monday near record high reached at the end of last week on a softer dollar prompted by Fed speculation. Continue reading →
Gold poised for weekly gain on rate cut expectations
Gold poised for a weekly gain after a series of economic reports this week solidified expectations of an interest rate cut by the Federal Reserve in September. The yellow metal sticking close to $2,500 an ounce and an all-time high. Continue reading →
Gold steady near all-time high
Gold steady Wednesday morning, near all-time high as key inflation data continues to point to a September interest rate cut by the Federal Reserve. Continue reading →
Gold steady after volatile week
Gold steady Friday after volatile week. The yellow metal rose more than 1% in the previous session on interest rate-cut optimism and haven demand, but is still headed for a weekly drop. Continue reading →
Gold steady after volatile start to week
Gold steady, sticking near the $2400 an ounce mark early Wednesday, after a volatile start to the week. The first few days saw the broader, global market reacting to worse-than-expected U.S. July job data and mounting speculation that the economy was on the brink of a recession. Continue reading →
Gold rallies on jobs numbers, Fed hopes
Gold rallies Friday on easing jobs numbers that boosted Fed rate cut hopes. Gold futures are now firmly over the $2500 mark. Continue reading →
Gold rises ahead of Fed, jobs reports
Gold rises early Wednesday ahead of Fed, and jobs reports. The bullion was poised to cap its biggest monthly gain since March amid speculation that the Federal Reserve will clearly indicate that interest rate cuts are imminent in its policy statement due out in the afternoon. Safe haven impulses driven by the latest violence in the Middle East is also giving the yellow metal a boost. Continue reading →
Gold hovers as the dollar slipped on Fed
Gold hovers near $2400 an ounce Monday as the dollar slipped on expectations of Fed interest rate cut in upcoming months and U.S. President Joe Biden’s announcement that he wouldn’t seek reelection. Continue reading →