Gold and silver prices are sharply higher, with gold hitting a record high and silver a three-year high. The general marketplace is very uneasy heading into the weekend, as geopolitical tensions have heated up just recently.
The Precious Metals Week in Review – March 29th, 2024
1. Gold prices are sharply up in midday U.S. trading Thursday, near the daily highs, and are closing in on the recent record highs. Silver prices are modestly higher. More technical buying is featured in both metals, amid bullish charts. June gold was last up $27.10 at $2,239.90. May silver was last up $0.198 at…
The Precious Metals Week in Review – March 1st, 2024
1. People invest in gold for many different reasons. Many do so out of concern over economic, monetary, or political uncertainty. Others seek a hedge against inflation, a way to protect and preserve the real purchasing power of their savings. There are also those who simply seek some peace of mind, a dependable insurance asset,…
The Precious Metals Week in Review – February 23rd, 2024
Along with gold’s safe-haven appeal, analysts warn investors to watch Asia’s insatiable appetite for the precious metal.
The Precious Metals Week in Review – February 16th, 2024
Gold and silver prices are higher in midday U.S. trading Thursday, on corrective rebounds following recent selling pressure and after a U.S. retail sales report that was weaker than expected.
The Precious Metals Week in Review – February 9th, 2024
The gold market is struggling to find some bullish momentum after the U.S. central bank significantly pushed back on expectations of an aggressive easing cycle kicking off in March.
The Precious Metals Week in Review – February 2nd, 2024
Gold and other precious metals are increasingly becoming a mainstream choice for investors looking to diversify their portfolios and hedge against inflation.
The Precious Metals Week in Review – January 12th, 2024
According to some analysts, the gold market is still caught in a tug-of-war as investors try to anticipate the Federal Reserve’s next move.
The Precious Metals Week in Review – January 5th, 2024
The gold market is not seeing much reaction to the latest employment data as prices recover from Wednesday’s sharp selloff.
The Precious Metals Week in Review – December 1st, 2023
Gold’s upward trend above $2,000 per ounce is prompting calls for a rally to a new all-time high.