High inflation and a disappointing report on economic growth, followed by a sudden drop in stocks late last month made for a familiar economic combination.
The Precious Metals Week in Review – April 26th, 2024
Gold fell as geopolitical tensions eased in the Middle East, paring safe-haven demand, and traders looked ahead to U.S. data that will shed light on the outlook for monetary policy.
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…
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 – November 24th, 2023
Investors have redoubled their efforts to ensure that their portfolios are sufficiently diversified in the hopes that they will be able to withstand corrections in multiple market sectors.
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 – October 5th, 2023
The bond market’s selloff accelerated after a surge in U.S. hiring raised expectations that the Federal Reserve will need to raise interest rates again this year.
The Precious Metals Week in Review – March 31st, 2023
It is relatively common that what should be recognized as a warning flag of major trouble is often ignored until things get so bad that it is almost impossible not to notice.
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 – December 30th, 2022
Astute investors take added steps to help ensure that their portfolios are well-diversified in the event of a drastic downturn in the global economy.