Dollar’s back up – Gold soft

Dollar's back up - Gold soft

The U.S. dollar regained its oomph over the weekend, after losing a bit of steam on Friday. In turn, the selling pressure on gold and silver is on the rise. In fact, gold is trading close to last week’s 12-month low, while the dollar index is very close to the 12-month high it hit a few weeks ago. In short, the dollar’s back up – gold soft. Continue reading…

Gold Ticks Up On Jobs Report

Gold Ticks Up on jobs Report

Surprise – gold ticks up on jobs report. After a lackluster week, the yellow metal regained a little shine this morning after weaker-than-expected growth numbers in the U.S. labor market were released for July. Continue reading…

All Eyes On The Fed Today

All Eyes On the Fed

All eyes will be on the Federal Open Market Committee as it finishes its two-day meeting today. No rate is expected at 2 pm when their statement is to be released. Continue reading…

Gold Technical Overview

gold technical overview

Yesterday, two levels in the price of Gold were violated giving the shorts confidence there is more selling to come. So, let’s do a gold technical overview. Continue reading…

Trade War Impact Has Begun?

Trade War Impact has Begun

Economic data released Friday from China revealed that both exports and imports came in less than expected, indicating that the trade war impact has begun. Going forward, these figures now suggest that we can expect slower global economic activity. Continue reading…

U.S. China Trade War & Gold

Market Gage - U.S. China Trade War

Walter Pehowich is on vacation this week. The insights are from a senior Dillon Gage analyst.

Hold on…as instabilities rock the market landscape.

July 4th may be in the rearview mirror, but the fireworks appear to just be getting started—all in the name of a looming U.S. China trade war between the economic giants. Continue reading…

Fourth Of July Hours

July Fourth Holiday Hours

Dillon Gage Trading and Refinery holiday hours

  • Tuesday, July 3rd: Normal hours
  • Wednesday, July 4th: Trading room and refinery closed electronic trading will be turned off at NOON CDT and reopen at 5:00 CDT*
  • Thursday, July 5th: Regular hours resume

Have a happy and safe Fourth of July!

*Subject to change without notice. Hours are dependent upon Globex Market hours.

Gold Demand Down

Gold and Silver Market Insights

A recent report released by the World Gold Council revealed that first-quarter identifiable Gold demand slowed to a 10-year low of 973.5 tons. Continue reading…

ICTA Helps Nab Counterfeiter

Fake ATF Badge from ICTA Task Force Counterfeit Sting
ICTA’s Anti-Counterfeiting Task Force plays key role in investigation and provides experts to identify fakes

Dillon Gage is a proud member of The Industry Council for Tangible Assets

A New Jersey man admitted June 25 to impersonating a federal agent while selling counterfeit coins and bars and unlawfully importing counterfeit coins and bars into the United States, according to U.S. Attorney Craig Carpenito. Continue reading…

Gold Bores Investors

The Market Gage - Gold is Elemental

The lack of interest in the Gold market by traders, speculators and of course investors continues to keep the price of Gold seemingly locked in place. Continue reading…

Stronger Dollar Suppressing Gold

Market Gage - Gold Bear or Bull

The stronger dollar index that is now at the 95 level is keeping Gold from edging higher. Meanwhile, investors and traders are preoccupied with all the news flooding the news channels on our ongoing immigration policy and a potential trade war with China. Continue reading…

EU Rates To Stick Until NEXT Summer

Market Gage - Precious Metals Newsletter Impacted by Europeon Markets

ECB President Mario Draghi said yesterday that he will keep EU interest rates unchanged until summer next year, In contrast, U.S. Fed Chairman Jerome Powell took a more aggressive stance, trying to stay ahead of the curve, announcing continued rate hikes. Continue reading…

Gold’s Calm Before A Storm?

Market Gage Gold Market Insights

Walter Pehowich is attending the IPMI conference. Today’s comments were compiled by Dillon Gage senior analyst

The precious metals market is calm across the board this morning, on pause as we await the details of the pending summit between President Trump and North Korean leader Kim Jong Un. Continue reading…

Memorial Holiday Hours

Dillon Gage trading room and refinery will be closed Monday, May 28th, in honor of Memorial Day.

FizTrade, electronic trading, will be open*:
• Sunday, May 27th: 5pm Central through Monday, May 28th at Noon Central
• Monday, May 28th: Reopens 5pm Central and continues normal hours

Have a safe Memorial Day Weekend.

*Subject to change without notice. Hours are dependent upon Globex Market hours. .

Gold Clings To NK News Bump

Market Gage Gold Market Insights

Most of the Wall Street Gold traders I speak with daily have left already to enjoy the Memorial Day weekend. I can’t say I blame them as the beginning of the holiday weekend is shaping up to be spectacular here in New York with the second half not so good. Continue reading…

FLASH GAGE – North Korean News Boosts Gold

President Trump writes a letter to North Korean leader Kim Jong Un, calling off proposed summit, “for the good of both parties,” but as he put it, “to the detriment of the world.”

In turn, Gold and Silver rally on the news.

Have a wonderful Thursday.

FLASH GAGE – Gold Rallies on Iran Pull-out

President Trump decides to exit the Iran nuclear deal and the price of Gold rallies on the news.

The President says this was the worst deal we ever entered into. Allies up in arms on the
President’s decision after numerous tries to convince him otherwise.

The President says there is definite proof that Iran lied about their nuclear program.

The President said sanctions will be imposed on Iran and any of the U S allies that don’t follow us they will have to answer to their citizens.

Enjoy the rest of your day.

Disclaimer: This editorial has been prepared by Walter Pehowich of Dillon Gage Metals for information and thought-provoking purposes only and does not purport to predict or forecast actual results. This editorial opinion is not to be construed as investment advice or as a recommendation regarding any particular security, commodity or course of action. Opinions expressed herein cannot be attributable to Dillon Gage. Reasonable people may disagree about the events discussed or opinions expressed herein. In the event any of the assumptions used herein do not come to fruition, results are likely to vary substantially. It is not a solicitation or advice to make any exchange in commodities, securities or other financial instruments. No part of this editorial may be reproduced in any manner, in whole or in part, without the prior written permission of Dillon Gage Metals. Dillon Gage Metals shall not have any liability for any damages of any kind whatsoever relating to this editorial. You should consult your advisers with respect to these areas. By posting this editorial, you acknowledge, understand and accept this disclaimer.

Dillon Gage Launches FizTrade Upgrades

FizTrade Enhancements Announced

 Aimed squarely at improving customer experience and efficiencies

ADDISON, Texas (May 8, 2018) – Dillon Gage Metals, the premier precious metals wholesale firm, has launched an updated version of its leading online trading platform, FizTrade™. Continue reading…

Koala – Next Generation

Koala - Next Generation Silver Bullion Series

This is a Dillon Gage exclusive, the Perth Mint’s new silver series that features a mother and baby from the iconic Australian Outback wildlife.

For more details, click here.