Conor Maloney
Conor Maloney is a journalist with hundreds of articles covering financial markets and topics published on sites like Yahoo Finance and GoldPrice.org.
He is passionate about blockchain, cybersecurity, and financial independence, and he believes in gold as a viable alternative to fiat currency.
Follow Conor at @iWriteCrypto on Twitter.
Gold Price Near $1,300 Following Weak US Manufacturing Industry Report
The ISM Purchasing Manufacturer’s Index slipped over 5% for December, lower than anticipated. The Institute for Supply Management report shows continued growth at 54.1%, but at “much lower levels”.
Price of Gold Holds Gains Despite Significant Increase in Private Sector Jobs
The US has added the most private sector jobs in nearly two years, significantly outpacing projection from economists with 271,000 jobs added in December.
Gold Price Spikes With Initial Jobless Claims Higher Than Expected
Initial jobless claims for the week ending December 29 were higher than expected with 10,000 new claims added that week. Economists still view the labor market as performing strongly.
German Inflation Dips to 1.7% in December
German inflation slowed sharply this month according to new data from the Federal Statistics Office.
Inflation has now dipped below the European Central Bank’s (ECB) target level right after the bank declared an end to the four-year bond buying scheme.
Initial Jobless Claims Data Shows Strong Labor Market
After edging higher in recent months, initial jobless claims appear to be stabilizing with fewer Americans applying for unemployment benefits amid a tightening labor market.
Gold Price Climbs, Home Prices Slow Amid Rising Mortgage Rates
In October, home prices slowed down in 20 US cities, making it the seventh consecutive month to register a dip in the price of housing. This is the longest consecutive decline in the market since 2014 and demonstrates a lull in demand due to lack of affordability.
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