The Precious Metals Week in Review - October 25th, 2019.

The Precious Metals Week in Review – October 25th, 2019

1. As fears of further trade war escalations between the U.S. and China seem to be fading, eyes are turning to next week’s Federal Open Market Committee meeting by the Federal Reserve. Analysts will be parsing every word of Fed Chair Powell’s statements at the conclusion of next week’s meeting for indications on the near-term…

The Precious Metals Week in Review - September 20th, 2019.

The Precious Metals Week in Review – September 20th, 2019

The ongoing trade dispute between the U.S. and China, uncertainty over the direction of U.S. monetary policy and continued uncertainty over the United Kingdom’s exit from the European Union all remain the primary drivers for market moves in the near term. A clearly sophisticated strike on Saudi Arabian oil facilities over the weekend also acted to send uncertainty and fear into markets.

The Precious Metals Week in Review - August 9th, 2019.

The Precious Metals Week in Review – August 9th, 2019

1. Volatility was extreme this week as U.S.-China trade tensions boiled over and global central banks began a “race to the bottom”, cutting their own interest rates right on the heels of last week’s rate cut by the U.S. Federal Reserve. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped…

The Precious Metals Week in Review - August 2nd, 2019.

The Precious Metals Week in Review – August 2nd, 2019

The Federal Reserve’s interest rate decision was set up to be the primary driver for market moves this week until President Trump announced further tariffs on China on Thursday. Friday’s Non-Farm Payrolls report also added to market jitters as it seemed to reinforce the idea that the Fed could place further rate cuts in a holding pattern.

The Precious Metals Week in Review - July 19th, 2019.

The Precious Metals Week in Review – July 19th, 2019

1. The battle over the U.S. debt ceiling has once again become a Congressional showdown, as was widely expected. The U.S.-China trade war also continues to remain largely unresolved and these two items alone are likely to trigger a significant increase in market volatility in the coming weeks. 2. The seasonally adjusted number of Americans…

The Precious Metals Week in Review - July 12th, 2019.

The Precious Metals Week in Review – July 12th, 2019

Trade and speculation about the moves of the Federal Reserve moved back to the forefront of factors affecting market volatility this week. Continued escalation of tensions in the Middle East region also remains a factor.