Amid a lack of fresh, markets-moving news to start the trading week, the precious metals market traders are looking at the key “outside markets” that are leaning friendly for metals prices.
The Precious Metals Week in Review – May 3rd, 2024
Gold is at an inflection point post-Fed with prices pulling back on improved market sentiment and lower safe-haven demand.
The Precious Metals Week in Review – March 15th, 2024
1. Gold’s new high signals global central banks are likely accumulating the precious metal to diversify away from the dollar, as persistently large fiscal deficits threaten to erode its real value and lead to more inflation. Gold’s move has been broad as well as pronounced with the precious metal making 50-year highs versus three-quarters of…
The Precious Metals Week in Review – March 8th, 2024
1. The gold market is seeing solid follow-through buying activity following last week’s record closing price. The precious metal has pushed above $2,150 an ounce, and according to one market analyst, it has room to run. In an interview Jess Felder, founder of the Felder Report, he said he has been looking for gold to…
The Precious Metals Week in Review – December 22nd, 2023
f there was ever a buy signal in the physical gold market, two consecutive years of record gold buying from central banks has to be it.
The Precious Metals Week in Review – December 15th, 2023
Gold is expected to be the best-performing asset in the precious metals sector in 2024 as the world faces a potential recession.
9 Reasons Why Gold Will Soon Replace Treasuries as the Ultimate Store-of-Value Asset
Gold has been mankind’s most enduring store-of-value asset because of its unique characteristics. Gold is durable, divisible, consistent, convenient, scarce, and most importantly, the “hardest” of all physical commodities.
The Precious Metals Week in Review – August 25th, 2023
Stronger-than-expected economic data has forced some on Wall Street to push back, or even remove calls for a recession once widely considered a sure thing.
When in Rome
The Roman denarius pictured above features the profile of the emperor Diocletian, circa 301 AD, at the time when he issued the edict listed above.
GOLD: Here’s What’s Happening Right Now
Central banks bought more gold last year than any year since records have been kept.