Monday, December 11, 2023

Analysts turn bearish on gold, while retail investors remain bullish

Analysts turn bearish on gold, while retail investors remain bullish: Analysts turn bearish on gold, while retail investors remain bullish Gold gave up much of its recent gains during the first full week of December trading. After posting its first-ever monthly close ab...

Wednesday, September 6, 2023

Gold, silver down as USDX rallies, U.S. Treasury yields up-tick

Gold, silver down as USDX rallies, U.S. Treasury yields up-tick: Gold, silver down as USDX rallies, U.S. Treasury yields up-tick Gold and silver prices are solidly lower in midday U.S. trading Tuesday, as a strong U.S. dollar index and rising U.S. Treasury yields h...

Friday, May 26, 2023

Gold trades below its 100-day MA as hope of a potential debt-ceiling resolution advances

Gold trades below its 100-day MA as hope of a potential debt-ceiling resolution advances: Gold trades below its 100-day MA as hope of a potential debt-ceiling resolution advances Gold futures basis the most active June 2023 Comex contract traded briefly below the 100-day simple moving aver...

Wednesday, February 15, 2023

BLS releases headline CPI inflation report today for January 2023

BLS releases headline CPI inflation report today for January 2023: BLS releases headline CPI inflation report today for January 2023 Traders and investors have been patiently waiting for today’s inflation report to glean information on whether or not the Fed will m...

Friday, October 21, 2022

Gold is an 'unexpected loser,' but silver price is the one stuck with the downgrade from S&P Global

Gold is an 'unexpected loser,' but silver price is the one stuck with the downgrade from S&P Global: Gold is an 'unexpected loser,' but silver price is the one stuck with the downgrade from S&P Global Fundamentals no longer matter as much for the precious metals outlook, with rate hike expectations ...

Tuesday, July 5, 2022

U.S. dollar weakens against euro, sterling in U.S. holiday trading

U.S. dollar weakens against euro, sterling in U.S. holiday trading: U.S. dollar weakens against euro, sterling in U.S. holiday trading The euro and sterling rose on Monday against the dollar in a quiet trading session amid a holiday in the U.S., while global risk sent...

Saturday, March 26, 2022

Can gold price tackle $2,000 next week? Here's how that can happen

Can gold price tackle $2,000 next week? Here's how that can happen: Can gold price tackle $2,000 next week? Here's how that can happen After another solid week of gains, gold could be ready to take on the $2,000 an ounce level next week. But there are a few technical ...