Wednesday, December 13, 2023

FOMC statement leans dovish, gold price rallies

FOMC statement leans dovish, gold price rallies: FOMC statement leans dovish, gold price rallies Gold and silver prices aare solidly higher and hit new daily highs in the aftermath of the Fed's FOMC meeting conclusion. The FOMC statement was surpris...

Friday, September 8, 2023

Gold price firmer in quieter trading; U.S. CPI next focal point

Gold price firmer in quieter trading; U.S. CPI next focal point: Gold price firmer in quieter trading; U.S. CPI next focal point Gold prices are firmer and silver prices near steady in more quiet early U.S. trading Friday. More mild short covering is featured in go...

Friday, February 17, 2023

Gold market cautious as investors spooked by risk of Fed hiking 50 bps in March

Gold market cautious as investors spooked by risk of Fed hiking 50 bps in March: Gold market cautious as investors spooked by risk of Fed hiking 50 bps in March Gold is down for the fourth week in a row as markets are worried about how aggressive the Federal Reserve will have to b...

Tuesday, October 25, 2022

Gold's tepid response to dollar weakness and geopolitical uncertainty

Gold's tepid response to dollar weakness and geopolitical uncertainty: Gold’s tepid response to dollar weakness and geopolitical uncertainty One might think that with the increased geopolitical uncertainty and recent dollar weakness that gold would have strong gains. H...

Friday, July 8, 2022

Gold price could see '2000 flashback' as most commodities reverse in second half of 2022 – Bloomberg Intelligence

Gold price could see '2000 flashback' as most commodities reverse in second half of 2022 – Bloomberg Intelligence: Gold price could see '2000 flashback' as most commodities reverse in second half of 2022 – Bloomberg Intelligence Despite gold kicking off the second half of the year with a drop below $1,800 an ou...

Tuesday, March 29, 2022

Gold, silver down but well up from early lows

Gold, silver down but well up from early lows: Gold, silver down but well up from early lows Gold and silver prices are are solidly lower at midday Tuesday, but have moved well up from the sharp losses and five-week lows that were hit in early U.S...