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 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 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 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 →
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:
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 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, 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 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 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 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 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 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 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 jumps above $2,700 an ounce early Friday on haven demand from the escalating geopolitical risk in the Middle East. Continue reading →
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 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 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 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 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 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, sticking near Thursday’s record high. The yellow metal shrugged off this morning’s mild inflation report. Continue reading →
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 high early Monday, extending the rally that began after last week’s Federal Reserve interest rate cut. Continue reading →
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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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, 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 Friday on easing jobs numbers that boosted Fed rate cut hopes. Gold futures are now firmly over the $2500 mark. Continue reading →
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 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 →
Gold heads for fourth weekly gain despite losing ground early Friday as the dollar strengthened. The precious metal remained near the $2400 mark amid speculation that the Federal Reserve will begin interest rate cuts in September. Continue reading →
Gold rallies early Wednesday extending gains to reach a new consecutive record high in as many days on speculation that the Fed will begin its long-awaited interest rate cuts in September. Continue reading →
Gold softens early Monday, getting support from haven demand after the assassination attempt against former President Donald Trump but pressured by gains in other assets, including the dollar and Treasury yields. Continue reading →
Gold slips briefly below $2400 on this morning’s inflation data but still aims for weekly gain. The yellow metal lost ground earlier Friday on profit taking after rallying in the previous session on a report showing that U.S. inflation cooled to the slowest pace in a year in June. Continue reading →
Gold slips early Monday on investor profit taking following a rally sparked by the June U.S. jobs report last week. Continue reading →
Gold jumps up on slowing jobs numbers that are strengthening expectations that the Fed will cut rates in September. The yellow metal hitting its highest level in a month on the news. Continue reading →
Gold edges higher Wednesday morning in holiday week trading as investors awaited further signals on monetary policy after Federal Reserve Chairman Jerome Powell said Tuesday that the country’s economy was on a “deflationary path.” Continue reading →
Gold steady early Monday after slipping in June, its first monthly decline since February, amid uncertainty about the direction of U.S. monetary policy. Continue reading →
Gold solidifies on this morning’s inflation data and is poised for a third straight quarterly rise. Continue reading →
Gold ticks down early Wednesday remaining subdued ahead of key inflation data due at the end of the week. The yellow metal slipping on higher Treasury yields, a firmer U.S. dollar and hawkish Fed comments. Continue reading →
Gold edges higher early Monday amid as softer Treasury yields slip while investors awaited further direction on monetary policy from key inflation data due at the end of the week. Continue reading →
Gold steady near a two-week high early Friday after rallying in the previous session on haven demand triggered by geopolitical uncertainty in the Middle East and Asia. The metal is also getting support from interest rate cut optimism. Continue reading →
Gold was little changed early Wednesday holding steady on holiday trading as the U.S. Juneteenth observance shuttered many financial markets. The yellow metal getting support from the softer U.S. retail sales data released yesterday that boosted expectations that the Federal Reserve will cut interest rates this year. Continue reading →
Gold slipped early Monday as profit-taking erased some of last week’s gains. The yellow metal posted its first weekly gain in four last week on U.S. interest rate cut hopes. Continue reading →
Gold steady early Friday ahead of consumer sentiment data, while getting a boost from slipping bond yields. The yellow metal has a volatile couple of days driven by economic news. Continue reading →
Gold ticks up on US May inflation data while investors await today’s Federal Reserve monetary policy statement. Continue reading →
