Saturday, May 4, 2024

Wall Street joins Main Street in the bear cave for next week as gold's price momentum wanes

Wall Street joins Main Street in the bear cave for next week as gold's price momentum wanes: Wall Street joins Main Street in the bear cave for next week as gold’s price momentum wanes The gold market had plenty to digest this week, with manufacturing and servic...

Saturday, December 2, 2023

Gold breaks record high is a new record price high around the corner?

Gold breaks record high is a new record price high around the corner?: Gold breaks record high is a new record price high around the corner? As the saying goes; you ain't seen nothing yet! The price of Spot gold today is fixed at $2070.10, just about $10 below the record...

Monday, August 28, 2023

Gold prices treading water as Powell provides little guidance on monetary policy during Jackson Hole speech

Gold prices treading water as Powell provides little guidance on monetary policy during Jackson Hole speech: Gold prices treading water as Powell provides little guidance on monetary policy during Jackson Hole speech The gold market continues to tread water below $1,950 an ounce as it finds little direction ...

Wednesday, May 17, 2023

Gold, silver prices down on demand worries, bearish outside markets

Gold, silver prices down on demand worries, bearish outside markets: Gold, silver prices down on demand worries, bearish outside markets Gold and silver prices are solidly lower near midday Tuesday. Weaker economic data coming out of China has prompted increased concer...

Wednesday, February 8, 2023

Gold rally loses steam as Powell warns inflation fight far from over

Gold rally loses steam as Powell warns inflation fight far from over: Gold rally loses steam as Powell warns inflation fight far from over Gold prices are slightly higher but off daily highs in afternoon U.S. trading Tuesday. The gold and silver markets got a brief lift...

Friday, October 14, 2022

Gold, silver recover most of sharp, early losses

Gold, silver recover most of sharp, early losses: Gold, silver recover most of sharp, early losses Gold and silver prices are modestly lower in midday U.S. trading Thursday but have made a solid rebound from early-morning losses following another hot...

Tuesday, June 28, 2022

Market participant wait for two key reports this week; GDP and PCE

Market participant wait for two key reports this week; GDP and PCE: Market participant wait for two key reports this week; GDP and PCE Analysts and investors are waiting for two critical government reports due out on Wednesday and Thursday of this week. On Wednesday t...