Gold drops early Wednesday on rate-hike speculation and a strengthening dollar as new sales data impacts the odds that the Federal Reserve would continue increasing interest rates to combat rising inflation. Continue reading →
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Gold drops early Wednesday on rate-hike speculation and a strengthening dollar as new sales data impacts the odds that the Federal Reserve would continue increasing interest rates to combat rising inflation. Continue reading →
Gold softens on a slightly stronger dollar early Monday ahead of a key inflation report for January, set for release on Tuesday. Continue reading →
Gold flat this morning as it heads for second weekly drop as investors anticipated further Federal Reserve rate increases to combat inflation amid signs that the labor market and the economy aren’t suffering from the hikes. Continue reading →
Gold climbs early Wednesday on a weaker dollar and dovish comments by the Fed. The dollar eased off a one-month high, making the precious metal a more attractive investment to holders of other currencies. Continue reading →
Gold rebounds on bargain hunting, but stays below $1,900. The bullion bounced back early Monday from Friday’s selloff while remaining below the psychological threshold because of a strong dollar and concerns that the Federal Reserve may keep raising interest rates after last week’s strong U.S. jobs report. Continue reading →
Gold drops on this morning’s U.S. jobs report. The new year has started off with an unexpectedly strong employment picture, leading the markets to once again fear a more aggressive interest rate schedule from the Fed. The yellow metal slumped over $30 an ounce on the news, dropping below $1900. Continue reading →
The National Weather Service has issued an ice storm warning for areas in North and Central Texas. This is in effect until Thursday morning. As a result, Federal Express is not operating today in the Dallas / Ft. Worth area. The Dillon Gage and IDS facilities in Texas are open but are operating with reduced staff.
Shipments may begin moving on Thursday and Friday pending FedEx’s decision on how much they can handle when they return to service.
Please check order status on FizTrade and tracking on FedEx for package updates and allow additional days for packages to be delivered.
Gold staying flat ahead of today’s Fed meeting as investors brace for the Federal Reserve’s interest rate decision. Continue reading →
Gold steady ahead of Wednesday’s Fed meeting. The yellow was little changed early Monday as investors awaited the Federal Reserve’s interest rate decision for further direction. Continue reading →
Gold steadies on economic data this morning, after slipping early Friday when the dollar rallied. This morning’s Commerce Department report shows inflation easing as consumer spending drops. Continue reading →
Gold slips off nine-month high early Wednesday on profit-taking and a firmer dollar as investors awaited key economic news at the end of the week and the Federal Reserve’s next interest rate hike next week. Continue reading →
Gold drifts a tad lower ahead of the Fed January meeting, after five consecutive weeks of gains, with both a softer dollar. Trading early in the day was muted by the Lunar New Year holiday observed in most Asian hubs. Continue reading →
Gold peaks on nine-month high early Friday before backing off a bit on profit-taking, but still headed for a fifth consecutive weekly gain as traders priced in a slowdown in the Federal Reserve’s interest rate increases. Continue reading →
Gold jumps more than $16 an ounce on soft inflation report after regaining ground above $1900. The yellow metal had fallen below that benchmark early Wednesday as the dollar strengthened, but the yellow metal is holding on amid anticipation that the Federal Reserve will slow the pace of its upcoming interest rate increases. The new inflation data strengthens that anticipation. Continue reading →
Gold sticks above $1900 while losing some altitude on a stronger dollar. The bullion had risen near a nine-month high earlier Monday on investor speculation that the Federal Reserve is likely to taper the pace of its interest rate increases. Continue reading →
Gold rises after Thursday’s inflation report, topping a nine-month high over $1900 an ounce early Friday, heading for a weekly gain, as investors anticipated that the Federal Reserve is likely to slow the pace of its interest rate increases. Continue reading →
Gold hits eight-month high early Wednesday, climbing in conjunction with the broader market, amid increased speculation that the key inflation report due out later this week will show additional softening. The bullion backed off of the high a bit, on profit-taking, but is still in positive territory. Continue reading →
Gold rises to eight-month high early Monday as the dollar slipped and as investors increasingly anticipated a slowdown in the Federal Reserve’s interest rate hikes. Continue reading →
Gold climbs on jobs report showing jobs growth, but a slight cooling in wages. The yellow metal had ticked higher early Friday despite a stronger dollar and is poised for its third consecutive weekly gain. Continue reading →
Gold rises to a six-month high, rallying for a second day early Wednesday as the dollar slipped, making the yellow metal more attractive as an alternate investment. Continue reading →
Gold aims for its best quarter since June 2020 amid light trading before the New Year’s holiday. Continue reading →
The following chart shows the first American Eagle YTD sales totals for 2022 Gold and Silver American Eagles from the U.S. Mint as of 5pm on December 29th. The chart also shows the changes from December 1st. (The Mint did not post figures for four weeks) Continue reading →
Gold slips lower on profit-taking and a strengthening dollar during light holiday trading, with no major economic news due out before the New Year. Gold had hit a six-month high on Tuesday. Continue reading →
Gold steady above $1800 despite some investor profit taking from the rally on Tuesday. Continue reading →
Gold ticks up as the dollar eases, trading in a tight range with the bullion sticking close to the $1800 mark. Continue reading →
Gold firms after wavering on Fed outlook that raised U.S. interest rates to the highest level in 15 years and signaled that there are more rate hikes to come. Continue reading →
Gold sticks above $1800 an ounce, trading in a tight range early Wednesday ahead of the final Fed interest rate decision of the year. Continue reading →
Gold drops from $1800 an ounce on stronger dollar and some profit-taking as investors awaited U.S. inflation data and a Federal Reserve rate decision in the next few days. Continue reading →
Gold eases on unexpected rise in this morning’s inflation numbers. The yellow metal had ticked up on the softer dollar which weakened early Friday as investors await next week’s Federal Reserve rate decision. Gold still hovering around the $1,800-an-ounce threshold. Continue reading →
Gold steady early Wednesday, trading in a tight range ahead of next week’s Fed meeting as investors await the central bank’s rate decision for further direction. The bullion is also getting support from an anemic dollar. Continue reading →
Gold slips from five-month high after hitting that mark early Monday. The bullion eased as the dollar clawed back some ground, but bulls are keeping gold is near $1800. Continue reading →
Gold ebbs on this morning’s surprising jobs data, but still aims for its best week in three on the prospect of smaller interest rate increases from the Federal Reserve. Continue reading →
Gold rises headed toward the biggest monthly gain in two-years as the dollar ebbs. The currency softened as investors awaited comments later in the day from Federal Reserve Chairman Jerome Powell for further direction and eye the ongoing tensions in China. Continue reading →
Gold steady around $1750 an ounce on a weaker dollar as markets react to growing protests in China against the government’s zero-COVID policy. Continue reading →
Gold trades in a tight range early Wednesday ahead of the U.S. Thanksgiving Day holiday as investors awaited the release of the minutes of the Federal Reserve policy members last meeting early this month for further direction. Continue reading →
The Dillon Gage family wishes you and yours a very Happy Thanksgiving!
Dillon Gage will have the following reduced hours over the holiday weekend.
FizTrade*:
Trading Room & Refinery:
We are thankful for your business.
*Based on CME hours and subject to change
Gold slips on strong dollar, extending losses early Monday – after its worst week in five weeks – as another Fed rate increase looms on the horizon. Continue reading →
Gold losing ground on Fed comments after clinging to support from an easing dollar. The yellow metal is looking at a weekly dip following indications from U.S. Federal Reserve officials that more interest rate hikes are on the horizon. Continue reading →
Gold firms on a softer dollar and growing concern over geopolitics from yesterday’s missile strike in Poland to early morning news of a projectile hitting a tanker off the coast of Oman. Continue reading →
Gold clawing back to $1770 as investors buy the overnight dip. The yellow metal had slipped from a three-month high early Monday after a key Federal Reserve official indicated that the central bank wouldn’t soften its approach to combatting inflation. Continue reading →
Gold rose early Friday, poised for its best week in two years after the October consumer price index report on Thursday showed inflation growth was slowing. Continue reading →
Gold eases from a one-month high early Wednesday on profit taking and as the dollar and Treasury yields strengthened, taking a bit of shine off the yellow metal. Continue reading →
Gold slips from a three-week high early Monday on a firmer dollar and as traders took profits from the previous session. Continue reading →
During the recent Gold Summitt in Vienna, Terry Hanlon, President and CEO of Dillon Gage Metals, and Ruth Crowell, CEO of the London Bullion Market Association were interviewed by Die Presse, a German-language daily broadsheet newspaper based in Vienna, Austria Continue reading →
Gold surges on unexpectedly positive jobs report and stalled dollar rally. The weakened currency offset some of the bearishness of the Federal Reserve’s latest interest rate hike and expectations. Continue reading →
Gold rises on jobs report ahead of Fed rate announcement as the dollar weakened early Wednesday. Continue reading →
Gold loses ground Monday ahead of this week’s Fed Reserve monetary policy meeting and rate announcement while the dollar and bond yields gain strength. Continue reading →
Gold slips on stronger dollar early Friday ahead of next week’s Fed meeting. The yellow metal slipped below $1650 an ounce after the release of this morning’s key inflation report. Continue reading →
Gold rises early Wednesday as Treasury yields weaken and the dollar slumps as investors anticipate a slowing of the Fed’s interest rate increases, making gold more attractive as an alternate investment. Continue reading →
Gold drifts lower Monday despite Fed speculation and a slightly stronger dollar. Investors are closely watching the central bank after hints last week that it may begin to slow the pace of interest rate hikes following the November meeting. Continue reading →
Gold drops early Friday on Treasurys yields, heading for a second consecutive weekly decline. The yellow metal clawed back some turf as investors bought the dip and digested the news that the Fed now wants to debate the December rate hike. Continue reading →
Gold drops in Wednesday morning trading on dollar’s appeal as anticipation of continued aggressive monetary policy pressured the yellow metal, even as delegates at the London Bullion Market Association’s annual precious metals conference predicted prices would rise over the next year. Continue reading →
Gold rose early Monday on a soft dollar as the currency slipped against the British pound and the Japanese yen amid expectations that the U.K. may reverse some more of its unfunded tax cuts that Japan’s central bank may intervene to support the yen. Continue reading →
Gold slips early Friday after a stronger-than-expected inflation report for September made it more likely that the Federal Reserve will continue its aggressive monetary policy. Continue reading →
Gold slips on hotter inflation after dipping early Wednesday as investors await the release of the Fed minutes from the last meeting of the policymakers. Continue reading →
Gold fell early Monday as heightened speculation that interest rate increases by the world’s central bankers to combat runaway inflation drove recession fears. The bullion was further stalled by a stronger dollar that is sparking off of Friday’s healthy U.S. jobs data that points to the Fed sticking to its aggressive rate hike plan. Continue reading →
Gold slips briefly below the $1700 an ounce mark as U.S. jobs numbers show growth in September. The yellow metal still aiming for its biggest weekly gain since March. Continue reading →
Gold rally stalled by rising dollar. The bullion traded near three-week highs early Wednesday but then the dollar regained the high ground. Gold slipped further on this morning’s positive jobs numbers. Continue reading →
Gold inches up in Monday morning trading on softer dollar and Treasury yields as investors awaited the release of the key U.S. manufacturing figures for September for further direction. Continue reading →
Gold tips up on hotter than expected inflation data and a slightly weakened dollar, but the yellow metal looks headed for the biggest quarterly drop since early 2021 suppressed by anticipation of continued aggressive monetary policy to combat 40-year highs in inflation. Continue reading →