Market Commentary
Short, timely takes from named strategists — what moved the market and what to watch.
Robert Gottlieb · WatchGold Team · Sep 9, 2026, 6:09 PM
Gold and Silver Rally Despite Crude Oil Up ~2.5% — GLD Call Options Possibly Back in Play, which could tighten Implied EFPs as well as help the price.
After yesterday’s selloff, gold seems to be trying to make a comeback today despite Crude oil is up approximately 2.5%, while the USD came off slightly late this morning. A good friend of mine, a retired options trader,…
Ole Sloth Hansen · Saxo Commodity Strategy · Sep 9, 2026, 8:00 AM
Gold rangebound as weaker dollar offsets rate-hike and inflation risks
Gold traders - and the algorithmic programmes that account for a significant share of day-to-day activity - are currently struggling to determine which of several competing themes will ultimately set the tone, overall…
Robert Gottlieb · WatchGold Team · Sep 8, 2026, 6:14 PM
Iran Escalation Continues — Gold Under Pressure Again
October crude futures are slightly higher, with oil continuing to trade in the $90s. Gold is down approximately 1% on the day, while silver is showing relative strength and remains slightly higher. Over the past month,…
Ole Sloth Hansen · Saxo Commodity Strategy · Sep 8, 2026, 6:45 AM
Gold holds near USD 4,400
Gold holds near USD 4,400, having traded as high as USD 4,442 during the Asian session, with the market caught between renewed strength in crude oil, rising bond yields and a softer dollar. Ongoing Gulf tensions are…
Ole Sloth Hansen · Saxo Commodity Strategy · Sep 3, 2026, 5:58 AM
Gold rebounds
Precious metals, led by gold, trade higher for a second day, supported by softer US economic data and lower oil prices, which have helped arrest the rise in bond yields. Additional support has come from a softer dollar,…
Robert Gottlieb · WatchGold Team · Sep 2, 2026, 5:54 PM
Gold Recovers Late — But Patience Is Still the Best Trade on the Board
Gold rallied into the end of the day as the U.S. dollar came off its highs. But make no mistake, we remain in a headline-driven market, crude oil, the USD, Iran, the FOMC and U.S. interest rates are all capable of…
Robert Gottlieb · WatchGold Team · Sep 1, 2026, 1:25 PM
Headline News Again Weighing on Precious Metals
Crude oil is up approximately 3%, trading around $88.24, adding another potential inflationary concern for the markets. With crude moving higher, the threat of the FOMC keeping U.S. interest rates higher, or potentially…
Ole Sloth Hansen · Saxo Commodity Strategy · Sep 1, 2026, 1:01 PM
Gold correction driven by long liquidation as yields bite
Rate hike expectations and rising long-end bond yields are currently the two biggest headwinds weighing on gold and other investment metals, with the recent strengthening of the dollar adding another layer of pressure.…
Robert Gottlieb · WatchGold Team · Aug 30, 2026, 8:38 PM
A Great Conversation with David Morgan — One of the Straight Shooters in Precious Metals
I had the pleasure of joining David Morgan for a podcast discussion. David is a straight shooter and one of the most knowledgeable voices in the precious metals arena. We had a great conversation about gold, silver, and…
Robert Gottlieb · WatchGold Team · Aug 28, 2026, 4:23 PM
Initially Gold Sells Off After Chair Warsh Jackson Hole speech while Silver initially held off
The initial reaction to Fed Chair Warsh’s Jackson Hole speech is that it was hawkish, but not nearly as hawkish as some in the market had feared. Gold initially sold off approximately $60, then rebounded Interestingly…