Tuesday, February 28, 2023

Gold trades higher for a second consecutive day overcoming dollar strength

Gold trades higher for a second consecutive day overcoming dollar strength: Gold trades higher for a second consecutive day overcoming dollar strength After four consecutive days in gold traded to a lower high, a lower low, and a lower close than the previous day, traders hav...

Monday, November 14, 2022

Gold recovers from lows even with Fed Governor Waller's hawkish warning

Gold recovers from lows even with Fed Governor Waller's hawkish warning: Gold recovers from lows even with Fed Governor Waller's hawkish warning Federal Reserve Governor Christopher Waller told a conference in Sydney, Australia today, 'We're not softening...Quit paying att...

Tuesday, April 12, 2022

Inflation spirals to 8.5%, no surprise according to the Federal Reserve Bank of Cleveland

Inflation spirals to 8.5%, no surprise according to the Federal Reserve Bank of Cleveland: Inflation spirals to 8.5%, no surprise according to the Federal Reserve Bank of Cleveland Today the BLS (Bureau of Labor Statistics) released its CPI inflation report for March 2022. The report showed...

Saturday, January 1, 2022

What does 2022 hold for Gold, Silver and Platinum?

What does 2022 hold for Gold, Silver and Platinum?: What does 2022 hold for Gold, Silver and Platinum? Today ends 2021; the year in metals was not pretty. Gold, silver and platinum all closed lower from where they opened the year. None of them could se...

Friday, September 17, 2021

Gold struggles as concerns about upcoming FOMC meeting mount

Gold struggles as concerns about upcoming FOMC meeting mount: Gold struggles as concerns about upcoming FOMC meeting mount This has been an extremely difficult week for gold losing approximately $36. Gold futures basis the most active December 2021 contract open...

Thursday, May 27, 2021

Golds gains over $100 this month

Golds gains over $100 this month: Golds gains over $100 this month With only one more trading day in the month of May, gold futures have precariously clung just below $1900 per ounce. Today gold futures basis the most active June 2021...