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...