Volatility should be expected to remain high as investors will be closely watching for hints on upcoming monetary policy direction.
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 – 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 22nd, 2023
This week, we’re shining a spotlight on silver. Did you know that in over 14 languages, the word “silver” is synonymous with “money?”
The Precious Metals Week in Review – September 15th, 2023
It’s mentioned often how central banks are one of the pillars of support when it comes to gold prices. JP Morgan’s analysis recently said that global gold investment has reached the highest level since 2012, and it wasn’t that long ago that it would have been strange to find an active central banker talking about gold.
The Precious Metals Week in Review – September 8th, 2023
An important change has unfolded in the global gold market. The East has been driving up the gold price, predominantly in late 2022 and the first months of 2023, breaking the West’s long-standing pricing power.
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 25th, 2023
Stronger-than-expected economic data has forced some on Wall Street to push back, or even remove calls for a recession once widely considered a sure thing.
The Precious Metals Week in Review – August 18th, 2023
A storm of public and private debt is brewing in the U.S., and the troubles are already beginning to show on the surface as loans pile up and borrower confidence falters.
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.