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

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

Job openings in the U.S. increased to 7.74 million in October, surpassing expectations, while the trade deficit narrowed significantly to $73.8 billion. The Federal Reserve’s role in economic policy has shifted, with prospects for economic growth remaining positive into 2025. Overall, stability and caution mark current economic conditions.

The Precious Metals Week in Review – November 29th, 2024.

The Precious Metals Week in Review – November 29th, 2024

Stocks rose ahead of Thanksgiving, with key economic indicators like inflation and GDP in focus. Oil prices may decline as OPEC+ discusses production delays. U.S. consumer sentiment improves, while new home sales plummet. Precious metals fell due to easing geopolitical tensions. Volatility remains as investors seek diversification amidst uncertainties.

The Precious Metals Week in Review – November 15th, 2024.

The Precious Metals Week in Review – November 15th, 2024

The Federal Reserve recently cut short-term interest rates amid declining inflation and optimistic market conditions. Silver demand is projected to rise due to industrial use, while oil faces pressure from oversupply signals. The labor market remains strong despite recent job growth slowdown, influencing potential future rate adjustments.

The Precious Metals Week in Review – July 26th, 2024.

The Precious Metals Week in Review – July 26th, 2024

1. Stocks rebounded after their worst week since April. The megacap space rallied, with the Nasdaq 100 up 1.5%. Despite the recent slump that had some on Wall Street bracing for a summer correction, respondents to a survey expect earnings to reinvigorate the S&P 500. Sky-high valuations and seasonal weakness have incited some pullback warnings,…

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

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

Based on historical trends and regular seasonal performance, precious metals may be significantly underpriced going into the second half of the year,

The Precious Metals Week in Review – June 7th, 2024.

The Precious Metals Week in Review – June 7th, 2024

Amid a lack of fresh, markets-moving news to start the trading week, the precious metals market traders are looking at the key “outside markets” that are leaning friendly for metals prices.

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 – May 17th, 2024.

The Precious Metals Week in Review – May 17th, 2024

Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the precious metal benefits from robust financial and industrial demand.