April 27, 2024

Wall Street sees higher gold prices next week, Main Street gets pessimistic with NFP, Fed decision on the docket

Wall Street sees higher gold prices next week, Main Street gets pessimistic with NFP, Fed decision on the docket: Wall Street sees higher gold prices next week, Main Street gets pessimistic with NFP, Fed decision on the docket While gold would appear to have had a poor week, down over 2% ...

November 27, 2023

Gold prices holding above $2,000 as U.S. flash PMI provides muddled economic outlook

Gold prices holding above $2,000 as U.S. flash PMI provides muddled economic outlook: Gold prices holding above $2,000 as U.S. flash PMI provides muddled economic outlook Gold prices are holding near session highs above $2,000 an ounce as preliminary indicators point to a further contr...

August 23, 2023

Gold, silver modestly up on short covering by futures traders

Gold, silver modestly up on short covering by futures traders: Gold, silver modestly up on short covering by futures traders Gold and silver prices are a bit firmer in quieter midday U.S. trading Tuesday. Tepid short covering and some perceived light bargain hunt...

May 11, 2023

Gold, silver sell off on profit taking; US PPI now in focus

Gold, silver sell off on profit taking; US PPI now in focus: Gold, silver sell off on profit taking; US PPI now in focus Gold and silver prices are lower at midday Wednesday and have erased the modest gains seen in the immediate aftermath of a U.S. inflation re...

February 01, 2023

Gold, silver up after traders buy the early price dips

Gold, silver up after traders buy the early price dips: Gold, silver up after traders buy the early price dips Gold and silver prices are firmer in midday U.S. trading Tuesday, as traders stepped in to do some perceived bargain hunting on early-session pri...

October 07, 2022

The short-term future of gold's price is tied to two upcoming reports

The short-term future of gold's price is tied to two upcoming reports: The short-term future of gold’s price is tied to two upcoming reports There is an adage when investigating a crime that says to “follow the money”. In the same way, when investigating where gold...

June 19, 2022

Gold is doing 'spectacular job' but price drop to $1,800 not ruled out, here's why

Gold is doing 'spectacular job' but price drop to $1,800 not ruled out, here's why: Gold is doing 'spectacular job' but price drop to $1,800 not ruled out, here's why Gold surprised this week with its resilience and steadiness after an oversized 75-basis-point hike from the Federal R...