30 April 2024

Gold Prices Subdued as Investors Await FOMC Meeting

Gold Prices Subdued as Investors Await FOMC Meeting: Gold Prices Subdued as Investors Await FOMC Meeting As of 5:30 PM EDT, gold futures based on the most active June 2024 contract are down $2.10, or -0.09%, settling at $23...

29 November 2023

Gold surges, dollar declines on Fed official's remark & geopolitical unrest

Gold surges, dollar declines on Fed official's remark & geopolitical unrest: Gold surges, dollar declines on Fed official's remark & geopolitical unrest After opening at $2035.10 in trading today gold futures surged to a high not seen for approximately the last year. As of 3:1...

25 August 2023

Gold, silver steady-weaker as Powell Jackson Hole speech awaited

Gold, silver steady-weaker as Powell Jackson Hole speech awaited: Gold, silver steady-weaker as Powell Jackson Hole speech awaited Gold and silver prices are steady to slightly lower in quieter midday U.S. trading Thursday, as traders are awaiting the marketplace ev...

13 May 2023

Biden and McCarthy locked in disagreement postponing negotiations

Biden and McCarthy locked in disagreement postponing negotiations: Biden and McCarthy locked in disagreement postponing negotiations The Washington standoff over raising the debt ceiling has raised economic concerns on a global basis. A nonpartisan congressional repo...

03 February 2023

Gold, silver pull back on profit taking and as USDX rebounds

Gold, silver pull back on profit taking and as USDX rebounds: Gold, silver pull back on profit taking and as USDX rebounds Gold prices are lower and silver well down from its daily high in midday U.S. trading Thursday. Profit taking from the shorter-term futures...

09 October 2022

Gold and silver need more than a short squeeze

Gold and silver need more than a short squeeze: Gold and silver need more than a short squeeze Precious metal analysts have been warning investors for a few weeks now that a sharp downtrend through the summer pushed gold and silver into oversold te...

21 June 2022

Gold will shine bright as Bitcoin, cryptocurrencies collapse

Gold will shine bright as Bitcoin, cryptocurrencies collapse:   Gold will shine bright as Bitcoin, cryptocurrencies collapse The gold market is holding firm in relatively neutral territory, trading in a narrow range between $1,800 and $1,850 an ounce; however, ...