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 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 – 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 3rd, 2024
Gold is at an inflection point post-Fed with prices pulling back on improved market sentiment and lower safe-haven demand.
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.
Gold Hits All-Time Highs, Then Consolidates
As we move into the final quarter of this tumultuous year, gold is increasingly likely to serve as a hedge of absolute necessity…