Sunday, June 30, 2024

Gold price remains stuck this week even as inflation gives the Fed some breathing room to cut rates

Gold price remains stuck this week even as inflation gives the Fed some breathing room to cut rates: Gold price remains stuck this week even as inflation gives the Fed some breathing room to cut rates Gold investors might want to get comfortable because gold is in a holding pattern that doesn't appea...

Tuesday, October 17, 2023

Gold, silver firmer despite hotter U.S. CPI and rising bond yields

Gold, silver firmer despite hotter U.S. CPI and rising bond yields: Gold, silver firmer despite hotter U.S. CPI and rising bond yields Gold and silver prices are a bit higher in midday U.S. trading Tuesday. The precious metals bulls are holding their own despite a str...

Monday, July 10, 2023

Gold prices can still push to record highs at $2,100 an ounce by the end of the year - MKS' Shiels

Gold prices can still push to record highs at $2,100 an ounce by the end of the year - MKS' Shiels: Gold prices can still push to record highs at $2,100 an ounce by the end of the year - MKS' Shiels Gold prices have room to move lower and retest support below $1,900 an ounce in the early part of the...

Wednesday, March 29, 2023

Gold remains solidly bullish even with today's modest price decline

Gold remains solidly bullish even with today's modest price decline: Gold remains solidly bullish even with today’s modest price decline Although gold prices had a modest decline in trading today, the overall fundamental environment that had caused gold pricing to tr...

Tuesday, December 20, 2022

Gold moves higher as the dollar falls on the news of a BOJ policy revision

Gold moves higher as the dollar falls on the news of a BOJ policy revision: Gold moves higher as the dollar falls on the news of a BOJ policy revision The Bank of Japan's surprise decision that they would raise their benchmark interest rate cap from 0.25% to 0.50% sent ripple...

Tuesday, August 23, 2022

Gold, silver rebound as USDX backs off, crude oil rallies

Gold, silver rebound as USDX backs off, crude oil rallies: Gold, silver rebound as USDX backs off, crude oil rallies Gold and silver prices are higher in midday U.S. trading Tuesday, on short covering in the futures markets and bargain hunting in the cash mar...