Thursday, February 15, 2024

Gold, silver rebound amid downbeat U.S. retail sales report

Gold, silver rebound amid downbeat U.S. retail sales report: Gold, silver rebound amid downbeat U.S. retail sales report Gold and silver prices are higher in midday U.S. trading Thursday, on corrective rebounds following recent selling pressure and after a U.S....

Saturday, September 30, 2023

GOLD FIXES

GOLD FIXES: GOLD FIXES For almost 100 years, the main gold benchmark price was set by the London Gold Fix. The price was determined in a closed physical auction among bullion banks. A price is determined after mo...

Saturday, June 24, 2023

Will jobs and inflation data confirm the Fed's stance on two more rate hikes? This is what gold price is watching

Will jobs and inflation data confirm the Fed's stance on two more rate hikes? This is what gold price is watching: Will jobs and inflation data confirm the Fed's stance on two more rate hikes? This is what gold price is watching Gold is seeing its worst week since February as the Federal Reserve's outlook of two m...

Tuesday, March 14, 2023

Headline CPI fractionally lower as gold futures hold key $1,900 level

Headline CPI fractionally lower as gold futures hold key $1,900 level:     Today’s CPI report revealed that inflation continues to be troublesome and elevated in some sectors, with a fractional decline overall from 0.5% in January to 0.4% last month. Headline inflati...

Saturday, December 3, 2022

Solid performances from gold & silver and a jobs report above expectations

Solid performances from gold & silver and a jobs report above expectations: Solid performances from gold & silver and a jobs report above expectations Solid performances from gold & silver and a jobs report above expectations Both gold and silver had stellar performances this...

Monday, August 8, 2022

Gold, silver boosted by falling USDX, U.S. bond yields, rising oil

Gold, silver boosted by falling USDX, U.S. bond yields, rising oil: Gold, silver boosted by falling USDX, U.S. bond yields, rising oil Gold and silver prices are higher, with silver sharply up and hitting a five-week high in midday U.S. trading Monday. The precious me...

Thursday, April 28, 2022

Western and Eastern technical studies suggest a bullish reversal in gold has occurred

Western and Eastern technical studies suggest a bullish reversal in gold has occurred: Western and Eastern technical studies suggest a bullish reversal in gold has occurred Gold traded to its lowest value in the last nine trading days with market forces taking the June 2022 futures cont...