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The Precious Metals Week in Review – March 29th, 2024.

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 – April 28th, 2023

The Precious Metals Week in Review – April 28th, 2023

1. Two key gauges showed persistent U.S. inflation pressures in recent months, buttressing the case for another Federal Reserve interest-rate hike next week. The personal consumption expenditures price index excluding food and energy, the Fed’s preferred measure of underlying inflation, rose 0.3% in March from the prior month and 4.6% from a year earlier, a…