Gold Prices Archives - Precious Metals International Ltd.

Week In Review Bitcoin, Bureau of Labor Statistics, Consumer Price Index, Crude Oil Prices, Dow Jones, Electric Vehicles, Federal Reserve, Gold Prices, Nikola, Silver Prices, State Unemployment

The Precious Metals Week in Review – February 14^th, 2025

February 14, 2025

Gold prices have surged to new heights, reaching nearly $3,000 per ounce, as safe-haven demand grows amid global economic concerns. With technical bullish trends in both gold and silver, investors are closely watching the metals’ next moves. Meanwhile, uncertainties surrounding global policies continue to stoke marketplace anxiety. Silver prices are also showing strength, with bulls eyeing key resistance levels. As the markets respond to economic turbulence, precious metals remain a trusted hedge, driving investors to seek refuge.

Week In Review Crude Oil Prices, Federal Reserve, Gold Bulls, Gold Coin, Gold Prices, Home Prices, Home Sale Market, Interest Rates, Jerome Powell, NASDAQ, Producer Price Index, S&P 500, Sam Bankman-Fried, State Unemployment, Wall Street

The Precious Metals Week in Review – November 22nd, 2024

November 22, 2024

Last week, U.S. stock markets experienced significant declines, influenced by inflation data and Federal Reserve comments, despite earlier gains. Gold prices rose due to geopolitical tensions, while corporate earnings growth forecasts were cut. Meanwhile, unemployment claims fell, suggesting job market resilience, and crude oil prices dropped amid supply concerns.

Gold, Week In Review Amazon, Berkshire Hattaway, BRICS, Commerce Department's Census Bureau, Crude Oil Prices, Facebook, Federal Reserve, Freddie Mac, Gold Prices, Jeff Bezos, Minneapolis Fed, National Association of Home Builders, State Unemployment, Warren Buffett, Wells Fargo

The Precious Metals Week in Review – October 18th, 2024

October 18, 2024

Minneapolis Fed president Neel Kashkari indicated modest interest rate cuts are likely, citing a strong job market. Meanwhile, gold prices surged, driven by central bank demand and lower interest rates. Investors expressed caution, leading to decreased homebuying and mortgage refinancing, amid fears of a potential recession and escalating U.S. national debt.

Gold, Week In Review Crude Oil Prices, Federal Reserve, Ford Motor, Freddie Mac, General Motors, Gold Prices, Home Prices, Moody's Rating, Mortgage Bankers Association, Mortgage Rates, Personal Consumption Expenditure, Rate Cuts, State Unemployment

The Precious Metals Week in Review – September 27th, 2024

September 27, 2024

The Federal Reserve’s recent interest rate cuts have reduced mortgage rates, potentially increasing homebuyers’ purchasing power, but the U.S. housing market remains strained due to a housing shortage and rising expenses. Gold prices hit an all-time high due to economic uncertainties and strong demand. The U.S. economy grew by 3% in Q2, and a decline in oil prices is expected as Saudi Arabia unwinds production cuts. U.S. unemployment claims fell, indicating labor market strength.

Gold, Silver, Week In Review BofA, Bureau of Labor Statistics, Crude Oil Prices, Dow Jones Industrial Average, Federal Reserve, Gold Prices, Goldman Sachs, OPEC+, Rate Cuts, S&P 500, Silver Prices, State Unemployment, Tech Stocks, US Job Openings

The Precious Metals Week in Review – September 6th, 2024

September 6, 2024

Gold prices are just slightly up and silver prices are lower in early U.S. trading Tuesday, as a big and busy week of U.S. economic reports lies ahead.

Week In Review Crude Oil Prices, Exxon Mobil, Federal Reserve, Gold Gains, Gold Prices, Home Prices, Jerome Powell, London Bullion Market Association, Mortgage Rates, Oil Production, PCE Numbers, Personal Consumption Expenditures, State Unemployment, World Gold Council

The Precious Metals Week in Review – August 30th, 2024

August 30, 2024

Gold’s record-high prices, combined with growing economic uncertainty and market volatility, are bringing a new focus to the precious metal’s role within global financial markets.

Week In Review Blackrock, Bureau of Labor Statistics, Crude Oil Prices, Federal Reserve, Gold Prices, Goldman Sachs, Hamas, Rate Cuts, Recession, Silver Prices, State Unemployment, Wells Fargo

The Precious Metals Week in Review – August 23rd, 2024

August 23, 2024

Gold prices are solidly up and hit another record high in early U.S. trading Tuesday. Silver prices are also on the march higher and hit a four-week high overnight.

Week In Review China, Chinese Gold, Crude Oil Prices, Dow Jones Industrial Average, Electric Vehicles, Federal Reserve, Gold Performance, Gold Prices, Home Equity Lines of Credit, Home Prices, Inflation, Nasdaq Composite, Silver Prices, Treasury Total Return Index

The Precious Metals Week in Review – May 31st, 2024

May 31, 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.

Silver, Week In Review Bank of Italy, Crude Oil Prices, Cryptocurrencies, Deepfakes, Ethereum, Federal Reserve, Foreign Bankers Association, Gas Prices, Gemini Earn, Gold Prices, Gold Rally, Inflation, Jerome Powell, Silver, Silver Prices, Silver Rally, State Unemployment, Winklevoss Twins

The Precious Metals Week in Review – May 24th, 2024

May 24, 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…

Week In Review Air Canada, Census Bureau Data, Crude Oil Prices, Electric Vehicles, EV Sales, Federal Reserve, Gold Heist, Gold Prices, Gold Rally, Interest Rates, Israel Vs Iran, National Association of Home Builders, Recession, S&P 500, State Unemployment, Tesla

The Precious Metals Week in Review – April 19th, 2024

April 19, 2024

Gold is considered a unique asset due to its enduring value, historical significance, and application in various technologies like computers, spacecraft, and communications equipment.