Weak Dollar Lifts All Precious Metals
The U.S. Dollar hitting a three-year low giving fuel to higher Gold prices this morning. The price of gold reaching a new high in the February contract now above the $1,350 level which in turn has…
Read More
What’s An Olympic Gold Medal Worth?
Precious Metals Wholesaler Dillon Gage Metals Reveals Composition and Value ADDISON, Texas (Jan. 18, 2018) – Dillon Gage Metals, one of the world’s largest precious metals wholesale firms, is educating the public on everything they…
Read More
Dollar Recovering – Gold Range Bound
The U.S. Dollar is in recovery mode, trading at 90.70 up from its most recent lows overnight at 90.11. Normally, one would expect that when the dollar set a new low overnight, gold would have…
Read More
Blockchain Primer
The euro traded at a three-year high right after the European Central Bank announced that it is cutting its Crisis Era stimulus program faster than expected. In turn, the Dollar Index broke thru its major…
Read More
Why Physical Gold
Some reasons why owning physical Gold is a prudent choice for a balanced portfolio. It’s budget time in D.C. – time to stop a government shutdown. But the question is, is everyone on board? The…
Read More
Palladium Still Dominates Platinum
If you haven’t been watching the price of Palladium, it is now trading at more than $100 dollars over Platinum. Some Wall Street Traders continue to sell Platinum futures and buy Palladium futures thinking this spread…
Read More
Gold Flat / Palladium Soars
The price of Gold is retreating from its most recent highs as Bond prices across the globe decline. It seems that no matter how many new longs come into the marketplace, the price of Gold…
Read More
U.S. Mint “Numismatics – The Road Ahead”
Dillon Gage representatives were excited to be a part of the U.S. Mint’s 2017 Forum, “Numismatics – The Road Ahead,” held at the Mint’s D.C. headquarters last week. After acknowledging the Mint’s storied 225-year history, the…
Read More
Gold Hits Six Week High
A good start to the week as gold reaches a six week high. What makes it more impressive is the fact that the price of gold is higher today even with a stronger dollar and…
Read MoreGeopolitical Risks And How They Impact Gold
Can Geopolitical risks accelerate a rally in precious metals? We’ll explore that topic today, but first let’s look at this morning’s market news: Precious metal prices are in recovery mode after testing and trading thru…
Read MoreGold Hits Four Month High And Equities Open Much Lower
Wall Street’s frustration with Washington’s gridlock gives gold a boost this morning. Equities to open much lower as retail investors scramble to put their stop loss orders in on the Dow Industrial’s open. Taking some…
Read MoreLots Of News Headlines Impacting Precious Metals
Here are the Friday morning headlines we are watching that are impacting precious metals. Overnight, selling out of the Far East brought the yellow metal down to $1,194.50 in the April CME Futures contract. This…
Read MoreGold Under Pressure from a Stronger Dollar Index
The onslaught of negative news continues to put pressure on the metals this morning. The stronger dollar index now over 102. Stronger yields in the U.S. ten-year treasuries also hurting Gold. So much so that…
Read More
Wall Street Roaring & Precious Metals Still Making Noise
Walter is on vacation through 2/21/17. This post was written by a Dillon Gage Precious Metals Staff expert. Steady as She Goes… Champagne corks continue to pop all along Wall Street, as the stock market…
Read More
American Eagle Sales as of 1/26/17
The following chart includes the year to date totals for 2017 from the U.S. Mint as of 5pm on January 26th. Gold Coin Sales in oz. /#coins + from 1/1/2017 One oz. 75,000 75,000 75,000…
Read More
America’s Debt Load And The Price Of Gold
Just two days away from the inauguration and all the focus is on President Elect Trump’s plan to create jobs, grow the economy and cut corporate and individual taxes to stimulate the economy. Also he says…
Read More
Expectations for Silver in 2017
What do we expect to see in the silver market in 2017? As you know there are so many factors that have an impact on all precious metal prices including the Dollar, U.S. Treasury Yields and…
Read More
Market Insights
Consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation.
Read More
The Market Gage for January 27, 2016
Market Insights from Walter Pehowich Good morning. I will be traveling to Dallas with the first flight out of Newark this morning, so unfortunately I will be unable to give my live market comments. But…
Read More
The Market Gage for February 3, 2016
Market Insights from Walter Pehowich Longs still in control of the gold market as we continue to witness inflows into the gold ETF’s. Gold overnight broke thru the 200-day moving average at $1,132.00, but failed…
Read MoreThe Market Gage for January 25, 2016
Market Insights from Walter Pehowich How does one gage (no pun intended) the future movement in the price of gold? My best answer would be: by researching all aspects of the gold market each and…
Read MoreThe Market Gage for January 22, 2016
Market Insights from Walter Pehowich We start the day on a quiet note with oil and the dollar in positive territory, something that we haven’t experienced for quite some time. Gold feeling slight pressure this…
Read MoreThe Market Gage for December 16, 2015
Welcome to the Super Bowl of all rate hike decisions. It’s been almost a decade since the last rate hike in interest rates and today at 2pm EST we will find out the FED decision.…
Read MoreThe Market Gage for December 9, 2015
Dollar index below 98 and Euro rally this morning has given Gold a bid to the upside. Gold approaching the higher end of the recent trading range < $1,070 to $1,090 >, as sellers yesterday…
Read MoreThe Market Gage for November 18, 2015
Market Insights By Walter Pehowich December Gold broke thru the well-supported $1,073 area yesterday, reaching a 5-year low. For those who are short the yellow metal, they all await the Wall Street trader’s next technical…
Read MoreThe Market Gage for November 16, 2015
Market Insights By Walter Pehowich We start the week with Far East buying in the overnight Gold market on the tragic news of the Paris attacks. Usually these news story rallies are short lived. Gold…
Read MoreThe Market Gage for November 13, 2015
Market Insights By Walter Pehowich With over four weeks to the next FOMC meeting and no significant news to report, the markets just continue to be in a pause mode. As I said in the…
Read MoreThe Market Gage for November 9, 2015
Market Insights By Walter Pehowich After a strong jobs number on Friday, the Precious Metals Market pauses to reevaluate its next move. Very little data this week will give the Gold market a chance to…
Read MoreThe Market Gage for November 4, 2015
Market Insights By Walter Pehowich Open interest is an indicator often used by traders to confirm trends and trend reversals for both the futures and options markets. Open interest represents the total number of open…
Read MoreThe Market Gage for November 1, 2015
Market Insights By Walter Pehowich From my hotel room in Dallas. I will be spending a good part of the week here. We begin the week with selling pressure out of the Far East. Gold…
Read MoreThe Market Gage for October 28, 2015
Market Insights By Walter Pehowich It’s about time for us to talk about Platinum and Palladium as investments. Are they suitable and is there any interest these days? If you talk to the average financial…
Read MoreThe Market Gage for October 21, 2015
Market Insights From Walter Pehowich Topic: We have reached a fork in the road. The Gold market for the last couple of days has been trading in a tight range on both sides of the…
Read MoreThe Market Gage for October 19, 2015
Market Insights From Walter Pehowich Markets this morning under slight pressure after gold failed to reach the $1,200 level. Wall Street traders’ wish list for the week was to test the $1,200 level to see…
Read MoreThe Market Gage for October 14, 2015
Market Insights From Walter Pehowich By Walter Pehowich, As of Monday morning Oct. 12th, the U. S. Mint total production for 2015 Silver Eagles was 37,129,500 coins. With the end of the 2015 Silver Eagle…
Read MoreThe Market Gage for October 12, 2015
Market Insights From Walter Pehowich By Walter Pehowich, Our day starts out with preliminary opening interest numbers up in gold, bringing new longs into the gold market. Overnight resistance levels at $1,160 broke through from…
Read MoreThe Market Gage for October 26, 2015
Market Insights By Walter Pehowich The precious metal markets start off the week locked in a trading range. Gold open interest is up for the fifth week in a row, indicating new longs in place,…
Read More