According to some analysts, the gold market is still caught in a tug-of-war as investors try to anticipate the Federal Reserve’s next move.
The Precious Metals Week in Review – January 5th, 2024
The gold market is not seeing much reaction to the latest employment data as prices recover from Wednesday’s sharp selloff.
The Precious Metals Week in Review – December 29th, 2023
1. Against the backdrop of high inflation rates and geopolitical uncertainty, states are increasingly enacting measures that encourage saving in precious metals and even using gold and silver as money. With five bills signed into law in 2023, sound money reforms are gaining momentum across the United States. Twenty-five states considered 50 pieces of legislation…
The Precious Metals Week in Review – December 15th, 2023
Gold is expected to be the best-performing asset in the precious metals sector in 2024 as the world faces a potential recession.
The Precious Metals Week in Review – December 8th, 2023
Gold went on a run late last week, setting an all-time record high last Friday and breaking the $2,100 level for a brief time in overseas trading Sunday night.
The Precious Metals Week in Review – November 3rd, 2023
Home prices finished the summer at another record high as home affordability tanks to a historical low.
The Precious Metals Week in Review – September 29th, 2023
The final trading week of the month kicked off with stocks sliding on Monday, setting investors up for a losing month where much of the optimism of the early summer has fizzled into more tempered expectations of the Fed’s tightening campaign.
The Precious Metals Week in Review – September 1st, 2023
The U.S. economy added 187,000 jobs in August, while unemployment unexpectedly increased as the labor market continued to show signs of cooling, data from the Bureau of Labor Statistics showed Friday.
The Precious Metals Week in Review – August 4th, 2023
U.S. equity futures struggled for direction as risk appetite cooled from last week’s rally. The yen weakened after the Bank of Japan made its first unscheduled bond purchases in months.
The Precious Metals Week in Review – February 24th, 2023
1. Stock investors that have turned too optimistic about the economic outlook are setting up for disappointment, according to JPMorgan Chase strategists. Wall Street traders refrained from making any huge bets in the run-up to the highly anticipated minutes of the Federal Reserve’s latest policy gathering, with stocks, bonds, and the dollar posting small moves.…