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Chris Poindexter is a senior writer for National Gold Group.
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Chris Poindexter (May 26, 2012)
The euro recovered some ground against the dollar bringing commodity prices along for the ride. Gold and silver were up on the day but will likely post losses for the... more
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Chris Poindexter (May 25, 2012)
Gold battled the headwinds of a stronger dollar to move higher yesterday morning on mounting concerns over the Euro-zone sovereign debt crisis.
An ounce of... more
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Chris Poindexter (May 24, 2012)
It’s another one of those days when the dollar is surging against the euro and deflating commodity prices.
Gold was down $7.28 to $1,560.24 and silver wasoff... more
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Chris Poindexter (May 23, 2012)
Gold was down in line with gains on the dollar in overnight trading on Tuesday, with commodities generally tracking lower across the board.
Gold was down $17.90 to... more
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Chris Poindexter (May 22, 2012)
After a tumultuous week commodities were relatively quiet Monday morning. Gold and silver were basically flat, platinum, palladium, copper and crude oil were... more
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Chris Poindexter (May 21, 2012)
Last week was a little better for gold, which ended the week higher. That means gold once again outperformed the Dow Jones for the week. We’ll find out next week... more
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Chris Poindexter (May 19, 2012)
Investors pushed commodities higher as the euro rebounded against the dollar after Germany tells Greece there will be some flexibility in their bailout terms. ... more
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Chris Poindexter (May 18, 2012)
Despite another surge in strength for the dollar against the euro, metals and crude oil prices were higher yesterday morning.
Gold was up $5.95 in early... more
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Chris Poindexter (May 17, 2012)
European stock markets counted more losses today and the dollar gained more ground on the euro, dragging commodity prices down.
Gold was down $8.54 to $1,534.40... more
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Chris Poindexter (May 16, 2012)
It was a wild ride but it looks like the euro and gold have found some price footing after recent losses.
Gold was up $4.21 to $1,562.56 and silver up $0.25 to... more
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Chris Poindexter (May 12, 2012)
It’s been a tough week for gold and prices were down again Friday morning as money flows out of European stock markets.
Gold was down another... more
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Chris Poindexter (May 09, 2012)
The dollar exploded against the euro in overnight trading yesterday and knocked the props out from under commodities including gold, silver, platinum, palladium, copper and... more
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Chris Poindexter (May 08, 2012)
Gold tracked towards the upper end of its trading range on news that austerity got the boot in European elections.
Gold was up $1.32 to $1,640.30 and silver was... more
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Chris Poindexter (May 04, 2012)
Gold continued its drift back to the comfortable trading range between $1,620 and $1,640, though a change in the underlying fundamentals could impact prices going... more
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Chris Poindexter (May 03, 2012)
Gold was down again yestreday morning, steadily drifting back towards the more comfortable $1,640 range. At least the price movements are in line with moves... more
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Chris Poindexter (May 02, 2012)
Gold is gradually drifting back to its previous trading range between $1,620 and $1,640, even in defiance of the U.S. dollar losing ground to the euro.
Prices for... more
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Chris Poindexter (May 01, 2012)
The dollar flexed against European currencies in overnight trading, blunting the surge in gold prices, as economic uncertainty prompted Euro-zone investors to seek the... more
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Chris Poindexter (Apr 30, 2012)
Gold tested the low end of its trading range twice last week, but ended the week higher. Silver had a rougher go of it, which is not unusual, fighting off a steep sell... more
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Chris Poindexter (Apr 28, 2012)
Gold finished the week higher. That’s good news after the stomach churning drop to the $1,620 range.
Gold was down $2.41 this morning to $1,654.49 and... more
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Chris Poindexter (Apr 27, 2012)
If you locked in your price on a gold purchase when prices were in the $1,620 an ounce range, well done. Gold and silver are gradually moving back to their pre-crash... more
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Chris Poindexter (Apr 26, 2012)
Yestedarday was another one of those odd welcome to the global market days when gold is “up” at roughly the same levels as the day before
Gold was... more
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Chris Poindexter (Apr 24, 2012)
The red ink is flowing in commodities and European equity markets straight out of the gate this morning. The dollar surged against the euro, knocking the props out... more
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Chris Poindexter (Apr 23, 2012)
Physicist Niels Bohr once observed that prediction is difficult, especially the future. I was reminded of that after speculating last week that gold prices would be up... more
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Chris Poindexter (Apr 21, 2012)
Gold and silver were up in early trading, moving higher in opposition to overnight gains by the dollar.
In early trading gold was up $3.52 to $1,644.92 and... more
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Chris Poindexter (Apr 20, 2012)
Gold was largely flat yesterday morning despite better than expected news on Spanish bond sales prompting the euro to gain against the dollar in early trading. ... more
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Chris Poindexter (Apr 19, 2012)
The dollar gained against the euro, pushing down gold, silver and crude oil yesterday in overnight trading.
Gold was down $5.28 to $1,644.89, still in the narrow... more
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Chris Poindexter (Apr 18, 2012)
Gold was up yesterday morning, largely in line with a weakening dollar. Joining gold on the upside are crude oil, silver, platinum and palladium; bucking the... more
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Chris Poindexter (Apr 17, 2012)
The headline for this article may be a bit misleading as the dollar only looks good in comparison to the euro.
Gold was down $4.99 to $1,647.85 yesterday... more
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Chris Poindexter (Apr 14, 2012)
Gold was off yesterday $0.17 in early trading to $1,675.24 and silver was up $0.06 to $32.39, bringing the silver/gold ratio to 51.7. As I mentioned the day... more
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Chris Poindexter (Apr 13, 2012)
Gold and silver managed to hold a narrow range in overnight trading, with gold advancing slightly ahead of silver.
In early trading yesterday gold was off $2.89... more
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Chris Poindexter (Apr 12, 2012)
Yesterday was another one of those strange days when gold was “down” on higher prices than the day before.
Gold was trading down $0.13 to $1,657.32 and... more
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Chris Poindexter (Apr 11, 2012)
Gold and silver continued to tiptoe higher, in line with the dollar weakening against the euro in overnight currency trading. Gold, silver and copper split with crude... more
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Chris Poindexter (Apr 06, 2012)
Gold prices seem to be stabilizing after the gut-wrenching drop earlier this week that abruptly ended a gradual upward trend in prices.
Prices for gold were up $1.38... more
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Chris Poindexter (Apr 05, 2012)
The Federal Reserve meeting notes had barely hit the street before the selling began and it just kept on coming. If that wasn’t bad enough, there’s every indication... more
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Chris Poindexter (Apr 04, 2012)
The rather confusing headline is another one of those odd situations where gold is down yesterday morning, but at prices nearly $10 an ounce higher than the same time... more
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Chris Poindexter (Apr 03, 2012)
Gold was down yesterday morning but still holding tight to a narrow trading range. Joining gold lower this were crude oil, silver and platinum. On... more
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Chris Poindexter (Apr 02, 2012)
One of the ironies of April Fools Day is that I’m skeptical of the news I read on a normal day anyway; April 1 just makes it harder to tell which one is the joke. ... more
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Chris Poindexter (Mar 31, 2012)
It’s been a week of ups and downs for gold prices, only to end near where we started the week. In overnight trading the dollar sagged against other currencies, spurring... more
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Chris Poindexter (Mar 30, 2012)
The dollar flexed its muscles in currency markets sending commodities prices lower. Gold was joined by crude oil and silver, but industrial metals like palladium,... more
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Chris Poindexter (Mar 29, 2012)
Yesterday was one of those rare days when commodities, including gold, silver and crude oil all moved lower in spite of the euro making gains against the dollar. ... more
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Chris Poindexter (Mar 28, 2012)
Yesterday was one of those odd days that gold is “down” but at a level that’s $25 an ounce higher than the day before. Days like this remind us we trade in global... more
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Chris Poindexter (Mar 27, 2012)
Gold advanced in overnight trading yesterday before pulling back to Friday’s levels as the dollar continued to strengthen against the euro.
Prices for gold were... more
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Chris Poindexter (Mar 26, 2012)
While it seems like the headlines were down most of the week, gold actually managed to eek out some gains by close of trading on Friday. Prices for gold recovered to... more
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Chris Poindexter (Mar 24, 2012)
Gold returned to something resembling harmony with currency prices as the euro gained against the dollar and commodities, including gold and crude oil, were up in overnight... more
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Chris Poindexter (Mar 23, 2012)
Gold and silver joined other commodities in losing more ground in overnight trading on Thursday. The commodity contagion was not limited to gold and silver but spread... more
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Chris Poindexter (Mar 22, 2012)
Gold appears to have finally found some footing around $1,650 as prices have stabilized on low volume.
Prices for gold were down early yesterday $1.29 to... more
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Chris Poindexter (Mar 21, 2012)
Gold was on sale again yesterday with prices down on continued selling and a resurgent dollar.
Prices for gold are down $20.12 to $1,643.10 and silver... more
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Chris Poindexter (Mar 20, 2012)
Gold was down on thin trading yesterday morning, but not far from where we left it Friday. Some of the factors influencing gold are lower physical demand from... more
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Chris Poindexter (Mar 19, 2012)
Gold fell hard last week as investors shifted out of precious metals and moved their money into the stock market. Prices for gold and silver crashed through both the 50... more
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Chris Poindexter (Mar 17, 2012)
Friday was one of those odd days where gold is “down”, but at roughly the same level it was the day before, one of the peculiarities of global markets.
Gold is... more
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Chris Poindexter (Mar 16, 2012)
Gold prices finally found a foothold after falling nearly $100 an ounce earlier this week. Yesterday's stability is tied to gains the euro made against the dollar... more
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Chris Poindexter (Mar 15, 2012)
It looks like the down trend in gold is pretty well established. Some of you may be amused that it took three days to reach that conclusion, but if you look at the... more
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Chris Poindexter (Mar 14, 2012)
It’s starting to look like the week's down market wasn’t merely a case of the Monday blues or positioning options; gold prices are actually moving down.
Gold is down... more
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Chris Poindexter (Mar 13, 2012)
We’ve seen this weekly pattern before: Gold starts down early in the week, then comes charging back. While prices were lower yesterday morning, gold is still... more
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Chris Poindexter (Mar 12, 2012)
Institutional investors increased their holdings in bullion-backed exchange traded products again last week, now cumulatively holding something on the order of 2,400 metric... more
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Chris Poindexter (Mar 09, 2012)
Even though they were rough days for gold prices, I was really enjoying a vacation from talking about Greece. Unfortunately, that break is over as the euro gained back... more
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Chris Poindexter (Mar 08, 2012)
No surprise gold prices recovered after this week's beat down, a recovery that will likely be further fueled by the Federal Reserve chairman’s comments on inflation. ... more
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Chris Poindexter (Mar 06, 2012)
The dollar continued to flex its muscles yesterday overnight against other currencies in a show of strength brought on by comments from Federal Reserve Chairman Ben... more
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Chris Poindexter (Mar 05, 2012)
Gold took a drubbing last week on comments by Federal Reserve Chairman Ben Bernanke seemingly throwing cold water on the idea of additional quantitative easing. It’s... more
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Chris Poindexter (Mar 01, 2012)
Gold and silver were steady in early trading yesterday after strong gains overnight.
Gold was down by $3.48 but still held over resistance levels at $1,782.62 and... more
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Chris Poindexter (Feb 29, 2012)
As I suspected the day before yesterday the pullback in gold prices was a temporary breather, the same basic pattern as last week.
Gold was up... more
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Chris Poindexter (Feb 28, 2012)
Gold and crude oil prices tracked with the euro in overnight trading yesterday, with the dollar gaining ground and investors taking profits in precious metals.
Prices... more
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Chris Poindexter (Feb 27, 2012)
I don’t take much solace from being right about gold prices last week; it really wasn’t that hard to see coming.
Gold reached a low last week of $1,728.59 and then... more
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Chris Poindexter (Feb 25, 2012)
The euro gained ground against the dollar, sending gold prices slightly lower in yeserday before the open of US trading. Crude oil split with gold and continued... more
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Chris Poindexter (Feb 21, 2012)
Gold was up slightly as the euro gained ground against the dollar and crude oil prices continue on the upswing.
Prices for gold were up $1.66 to $1,735.26, largely in... more
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Chris Poindexter (Feb 20, 2012)
Gold traded in a narrow range between $1,720 and $1,730 last week as investors took stock of the appalling fiscal state of most industrialized nations.
While that was... more
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Chris Poindexter (Feb 16, 2012)
Precious metals stayed in a narrow holding pattern while Europe continues to work at untangling the mess in Greece.
Gold was up $7.24 to $1,726.64 and silver was up... more
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Chris Poindexter (Feb 15, 2012)
Gold was trading down slightly yesterday morning, off $3.41 to $1,714.60 an ounce and silver is down $0.18 to $33.39. This is one of those odd days that gold... more
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Chris Poindexter (Feb 13, 2012)
Many people would like to add hard assets like gold and silver to their investment portfolio but are not always clear about how exactly to go about it. It’s easy to... more
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Chris Poindexter (Feb 11, 2012)
The on again, off again Greek rescue deal that has kept European markets in turmoil is officially off again, but that changes almost hourly so who can say? The... more
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Chris Poindexter (Feb 10, 2012)
Gold surged in early U.S. trading yesterday as word of a deal leaked out that Greek leaders agreed to terms for a bailout deal.
The price of gold spiked $15.80 to... more
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Chris Poindexter (Feb 09, 2012)
Gold traded slightly lower yesterday morning but still higher than the previous day as prices once again test the $1,750 range and silver tops... more
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Chris Poindexter (Feb 08, 2012)
Once again Greece is the excuse for markets to track sideways to slightly down across the board. Commodity markets tanked along with equity markets as the dollar gained... more
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Chris Poindexter (Feb 07, 2012)
It’s Greece, again. This time the Greeks are ignoring deadlines to respond to demands that the government in Athens implement tough wage and pension restrictions as... more
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Chris Poindexter (Feb 06, 2012)
It’s hard to believe gold was actually down on the week, starting out in the $1,730 range and ending the week at $1,723 an ounce.
It was a wild ride with gold hitting... more
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Chris Poindexter (Feb 04, 2012)
Gold prices were wild in early trading as the government’s payroll report blew away estimates sending equity futures surging. The report showed non-farm payroll jobs... more
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Chris Poindexter (Feb 01, 2012)
In early trading gold was up yesterday $15.41 to $1,745.13 an ounce, while silver is up $0.33 to $33.80. Joining gold and silver on the run up were crude oil,... more
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Chris Poindexter (Jan 31, 2012)
Commodities sagged to start the week as precious metals, crude oil, and grain prices all took a tumble in early trading.
Gold was down $9.51 to $1,728.29 and silver... more
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Chris Poindexter (Jan 30, 2012)
Gold was up big this week thanks largely to events on both sides of the Atlantic, with the biggest boost coming from the U.S. Federal Reserve.
This week the Fed... more
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Chris Poindexter (Jan 23, 2012)
Gold was up again this week, seemingly flying in the face of positive economic numbers and a strengthening U.S. dollar.
Unemployment is down, hiring is up, the dollar... more
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Chris Poindexter (Jan 17, 2012)
Gold up last week but don't expect the uptrend to continue this week unless we see bigger news out of Europe. The bad news in Europe is balanced by a strengthening... more
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Chris Poindexter (Jan 09, 2012)
If you follow the discussions in the financial world, you might have heard talking heads going on about the death of the gold bull. Don’t believe it. First off, I... more