Based on historical trends and regular seasonal performance, precious metals may be significantly underpriced going into the second half of the year,
The Precious Metals Week in Review – June 28th, 2024
Some modest selling pressure in the U.S. dollar is helping gold and silver prices find their footing at the start of the week, following robust volatility last week
The Precious Metals Week in Review – June 21st, 2024
Investors need to be patient when it comes to gold. According to one U.S. bank, the precious metal could continue to consolidate through the summer as markets come to terms with the Federal Reserve’s holding pattern.
The Precious Metals Week in Review – June 14th, 2024
1. U.S. stocks edged lower on Monday as investors braced for a Federal Reserve policy decision and key inflation data in the week ahead, with Nvidia and Apple events in immediate focus. Stocks are treading water after signs of strength in mixed May Non-Farm Payrolls report reinforced bets that the Fed will keep interest rates…
The Precious Metals Week in Review – June 7th, 2024
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 31st, 2024
Gold and silver prices are higher, with silver sharply up, in early U.S. trading Tuesday. Bullish daily outside-market forces are working in favor of the bulls to start the trading week.
The Precious Metals Week in Review – May 24th, 2024
1. After a relatively slow start in the first quarter, silver is making its move, significantly outpacing gold as it trades at an 11-year high. Just ahead of last weekend, silver prices have broken above $30 an ounce. Soaring silver prices have pushed the gold-silver ratio below 80 points, and it has been trading at…
The Precious Metals Week in Review – May 17th, 2024
Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the precious metal benefits from robust financial and industrial demand.
The Precious Metals Week in Review – May 10th, 2024
High inflation and a disappointing report on economic growth, followed by a sudden drop in stocks late last month made for a familiar economic combination.
The Precious Metals Week in Review – April 26th, 2024
Gold fell as geopolitical tensions eased in the Middle East, paring safe-haven demand, and traders looked ahead to U.S. data that will shed light on the outlook for monetary policy.