Market Commentary
Short, timely takes from named strategists — what moved the market and what to watch.
Robert Gottlieb · WatchGold Team · Aug 20, 2026, 5:56 PM
Despite Crude Oil Futures Up 2.2%, #Silver Surges 4.4% While #Gold Gains 0.4%
Silver is having an impressive day, up approximately 4.4%, despite crude oil futures rising 2.2%. Gold is also higher, although by a more modest 0.4%. Gold traded in a wide $90 range today and, importantly, traded above…
Robert Gottlieb · WatchGold Team · Aug 19, 2026, 1:32 PM
Huge bullish news for gold: Treasury Announces Increased Sizes of Nominal Long-End Liquidity Support Buybacks Beginning September 9
Gold up over 2%. I mentioned the other day, large OI in GLD options starting at 410 strike, should get interesting. In addition, 200 day moving average should come into play if strikes start getting taken out.…
Robert Gottlieb · WatchGold Team · Aug 18, 2026, 6:01 PM
#Gold #Silver Lower Today on Similar, Familiar Themes — Higher Yields, Firm Crude and Continued Middle East Uncertainty. Implied Gold EFP on Watchgold is trading lower with price selloff.
Gold and silver are lower today, pressured by many of the same themes that have been driving price action recently. The implied Gold EFP on WatchGold.org is approximately $1.25 lower than yesterday, prompting some banks…
Robert Gottlieb · WatchGold Team · Aug 17, 2026, 4:00 PM
#Gold & #Silver Resume Their Rally — Keep an Eye on GLD ETF Options
Gold and silver have resumed their rally, and there is an interesting development in the GLD options market worth watching. There are more than 300,000 contracts of open interest between the $410–$415 strikes expiring…
Robert Gottlieb · WatchGold Team · Aug 16, 2026, 6:32 PM
They say a picture is worth a thousand words. Take a look at the WatchGold 3-month Spot Gold/DXY (USD) chart below.
After several months of consolidation, sharp selloffs, and headline-driven volatility, gold looks increasingly like it may be getting ready to resume its rally. The Iran crisis began at the end of February 2026. Take a…
Robert Gottlieb · WatchGold Team · Aug 13, 2026, 6:21 PM
USD strength and profit-taking are weighing on precious metals today. What are implied EFPs and ATM volatility telling us?
December Gold EFP settled in the broker market at $56.50, a decent $3 move lower from yesterday, as gold itself is down approximately $50 on the day so far. The WatchGold platform is displaying an implied EFP of…
Robert Gottlieb · WatchGold Team · Aug 13, 2026, 3:56 PM
Asharq/Bloomberg TV Interview: WatchGold Co-Founder Bob Gottlieb Discusses the Precious Metals Market Following Yesterday’s CPI Report
https://now.asharq.com/clips/1819270/%D9%87%D9%84-%D9%8A%D8%B9%D9%88%D8%AF-%D8%A7%D9%84%D8%B0%D9%87%D8%A8-%D8%A5%D9%84%D9%89-5-%D8%A2%D9%84%D8%A7%D9%81-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%82%D8%A8%D9%84-%D9%86%D9%87%D8%A7…
Robert Gottlieb · WatchGold Team · Aug 12, 2026, 6:24 PM
#Gold finished higher on the day, but a late rally in the U.S. dollar took some wind out of its sails. What are implied Gold EFPs, CME warehouse, options vol., and GLD options telling us?
The WatchGold 1-day Gold/USD chart below clearly shows the dollar strengthening late in the session and gold giving back some gains, although gold still finished approximately $25 higher on CME close. The implied…
Robert Gottlieb · WatchGold Team · Aug 12, 2026, 12:52 PM
CPI Comes In as Expected: Gold & Silver Pause, Then Resume Their Rally
Today’s CPI came in right in line with expectations, removing at least for now, one potential headwind for precious metals. Headline CPI was 3.4% year-over-year, exactly as forecast, and down slightly from 3.5% in June.…
Robert Gottlieb · WatchGold Team · Aug 11, 2026, 6:52 PM
Today's Gold & Silver Price Action – What Are the Implied Gold & Silver EFPs and CME Gold Warehouse Stocks Telling Us?
Gold briefly broke above its 100-day moving average of $4,389, but was unable to hold that level as a stronger U.S. dollar weighed on prices later in the session. Both gold and silver finished well off their intraday…