WatchGold Team
By Robert Gottlieb
Market commentary from the WatchGold team.
#Gold Post-FOMC — and What I Learned at the CME Gold Dinner Last Night
Sep 17, 2026
Gold sold off post-FOMC as the market was hoping for a dovish hike and instead got a clearly hawkish message. The vote was 12-0 to raise rates 25 bps, and the dot plot was also hawkish. Glenn Youngkin, former Republican…
Crude Oil Up 5%, While Gold and Silver Are Down Only 0.5%
Sep 15, 2026
Despite crude oil surging 5% on the day and the U.S. dollar strengthening, gold and silver have held up impressively and are well off their lows. With the FOMC decision coming tomorrow, perhaps the market is looking for…
Headline news out of the Middle East continues, with Iran saying they hit a commercial boat. Crude up and precious metals lower.
Sep 13, 2026
Crude up 2.7% whole gold and silver down 1%, all eyes will be on Crude, Iran and the upcoming FOMC meeting. The longer-term fundamentals for precious metals remain positive, but in the near term, the stronger USD, high…
Crude Oil Futures Up 6% Weigh on Precious Metals: Silver Hit Especially Hard. Implied gold and silver EFPs are lower but remain above OTC levels.
Sep 10, 2026
Crude oil futures are up approximately 6% today, weighing on precious metals, especially silver, which is presently down about $3.70 ( 5.4%). Gold is down approximately 1.3%. Implied gold and silver EFPs are lower but…
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.
Sep 9, 2026
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,…
Iran Escalation Continues — Gold Under Pressure Again
Sep 8, 2026
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,…
Gold Recovers Late — But Patience Is Still the Best Trade on the Board
Sep 2, 2026
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…
Headline News Again Weighing on Precious Metals
Sep 1, 2026
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…
A Great Conversation with David Morgan — One of the Straight Shooters in Precious Metals
Aug 30, 2026
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…
Initially Gold Sells Off After Chair Warsh Jackson Hole speech while Silver initially held off
Aug 28, 2026
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…