Gold prices are just slightly up and silver prices are lower in early U.S. trading Tuesday, as a big and busy week of U.S. economic reports lies ahead.
The Precious Metals Week in Review – August 2nd, 2024
Gold and silver prices are sharply higher in early U.S. trading Friday, following another downbeat economic report that falls squarely in the camp of the monetary policy doves, who want the Federal Reserve to lower interest rates sooner rather than later.
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 – 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 – 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.
The Precious Metals Week in Review – April 12th, 2024
Gold and silver prices are sharply higher, with gold hitting a record high and silver a three-year high. The general marketplace is very uneasy heading into the weekend, as geopolitical tensions have heated up just recently.
The Precious Metals Week in Review – December 1st, 2023
Gold’s upward trend above $2,000 per ounce is prompting calls for a rally to a new all-time high.
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 – June 30th, 2023
Investors are seeking out buying opportunities from temporary price dips to add more physical precious metals into their portfolios.
The Precious Metals Week in Review – June 23rd, 2023
Astute investors continue to seek out alternative investments for their portfolios to aid in diversifying them away from overexposure to any single asset class.