Wednesday, December 13, 2023
Gold up, but loses altitude as FOMC meets
Gold up, but loses altitude as FOMC meets: Gold up, but loses altitude as FOMC meets Gold prices are modestly higher and silver around steady near midday Tuesday. Both metals modestly extended overnight gains and hit session highs following a ...
Friday, September 8, 2023
Gold prices under pressure as U.S. weekly jobless claims fall more than expected by 13K
Gold prices under pressure as U.S. weekly jobless claims fall more than expected by 13K: Gold prices under pressure as U.S. weekly jobless claims fall more than expected by 13K The gold market is seeing some renewed selling pressure as the U.S. labor market remains fairly robust with the ...
Monday, May 29, 2023
U.S. economic data hammers gold price as markets gear up for a rate hike in June
U.S. economic data hammers gold price as markets gear up for a rate hike in June: U.S. economic data hammers gold price as markets gear up for a rate hike in June The gold market got battered by upbeat economic data and stubbornly high inflation. As gold posted its third weekly los...
Wednesday, November 2, 2022
Gold, silver gain on ideas of better future demand from China
Gold, silver gain on ideas of better future demand from China: Gold, silver gain on ideas of better future demand from China Gold and silver prices are higher in midday U.S. trading Tuesday, but down from daily highs as the U.S. dollar index has rebounded from so...
Saturday, July 16, 2022
Will $1700 become a sustainable support level for gold?
Will $1700 become a sustainable support level for gold?: Will $1700 become a sustainable support level for gold? Over the two trading days gold futures have traded below $1700 (marked X) and, on both occasions, recovered closing above that case psychologica...
Wednesday, April 6, 2022
VanEck sees extreme scenario where gold is $31K and Bitcoin is $1.3 million
VanEck sees extreme scenario where gold is $31K and Bitcoin is $1.3 million: VanEck sees extreme scenario where gold is $31K and Bitcoin is $1.3 million Russia's war in Ukraine has created what some economists see as irrevocable shifts in the geopolitical landscape; lines are ...
Sunday, December 26, 2021
Seasonally gold price looks strong, but analysts ask if it can hold above $1,800 through the new year?
Seasonally gold price looks strong, but analysts ask if it can hold above $1,800 through the new year?: Seasonally gold price looks strong, but analysts ask if it can hold above $1,800 through the new year? Welcom...
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