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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 – January 6th, 2023

The Precious Metals Week in Review – January 6th, 2023

1. Happy New Year! And to start off this New Year we have the International Monetary Fund Managing Director Kristalina Georgieva warning that the global economy faces “a tough year, tougher than the year we leave behind. We expect one-third of the world economy to be in recession,” Georgieva said in an interview aired on…

The Precious Metals Week in Review – October 7th, 2022

The Precious Metals Week in Review – October 7th, 2022

1. Volatility remained extreme this week as the U.S. saw the release of the Non-Farm Payrolls report for September and the war in Ukraine became increasingly desperate for the Russian occupiers. 2. For the week ending October 1, the seasonally adjusted number of Americans filing initial claims for unemployment surged by 29,000 from the previous…

The Precious Metals Week in Review – August 26th, 2022

The Precious Metals Week in Review – August 26th, 2022

Many investors have continued adding physical precious metals into their portfolios for this purpose whenever temporary price dips have afforded them the option to do so at a relative discount.

The Precious Metals Week in Review – August 12th, 2022

The Precious Metals Week in Review – August 12th, 2022

1. Inflation showed signs of easing in the U.S. this week according to the latest data for July that was released this week. Geopolitical turmoil continues however, as the Russia-Ukraine war grinds on and China continues acting aggressively towards its smaller neighbor, Taiwan. Inflation data out of Europe continues to be troubling, with the cost…