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

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

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

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

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

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

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

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.

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 – April 19th, 2024.

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

The Precious Metals Week in Review – April 12th, 2024.

The Precious Metals Week in Review – April 12th, 2024

Gold and silver prices are sharply higher, with gold hitting a record high and silver a three-year high. The general marketplace is very uneasy heading into the weekend, as geopolitical tensions have heated up just recently.

The Precious Metals Week in Review – April 5th, 2024.

The Precious Metals Week in Review – April 5th, 2024

1. As gold set another record high, Canadian mining legends Frank Giustra and Pierre Lassonde say the West has lost its power to set the price of gold. With gold futures hitting another record high of above $2,324.80, Giustra and Lassonde pointed to a major shift in the gold market. “The world hasn’t woken up…

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…