Latest Financial News Impacting Gold Prices
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Gold Price Recap: March 9 - March 13
Happy Friday (the 13th!!), traders. Welcome to our weekly market wrap, a look back at the price action, economic data, and market narratives of the week with a focus…
Gold Prices Sink as US Consumer Sentiment Fell Less Than Expected in March Despite Virus Pandemic
Consumer sentiment in March has fallen less than initially forecast according to the latest University of Michigan (UoM) consumer sentiment index released on Friday. The UoM…
Gold Plunges Below $1,600 as Jobless Claims Drop Despite Coronavirus Pandemic
Initial jobless claims fell 4,000 last week to 211,000, indicating no increase in layoffs. The markets had forecast a 2,000 rise in claims to 218,000 last week. Despite the…
Gold Prices Sink Near $1,600 Despite Major Drop in Producer Prices
The producer price index (PPI) posted the biggest drop in 5 years according to the latest report from the Labor Department. PPI dropped 0.6%, the most since January 2015,…
Consumer Prices Remain in Check With No Response to Coronavirus yet in February
The consumer price index rose 0.1% last month, relatively in line with the flat reading expected. Higher rents and grocery costs contributed to a slight increase in the cost of…
Gold Price Preview: March 9 - March 13
Good morning, traders. Welcome to our weekly preview of the economic data calendar for the next five days, along with the key narratives driving financial markets, focused on…
Gold Price Recap: March 2 - March 6
Happy Friday, traders. We’re here for our market wrap on what has been a truly exception week for markets in general and for the gold market specifically. We have an emergency…
Strong Job Growth in February as Unemployment Falls to 3.5%
The labor market outperformed expectations in February according to the latest report from the Labor Department, with 273,000 new jobs added to the market last month vs. 175,…
Jobless Claims Fall 3,000 With No Sign of Virus-Related Layoffs
Initial jobless claims fell 3,000 to 216,000 during the week ended February 29, with no indication of increased layoffs despite the ongoing virus outbreak crisis. The Federal…
Service Sector Hits Yearly High in February, Gold Holds Gains With Canadian Rate Cut
The Institute for Supply Management (ISM) non-manufacturing activity index rose from 55.5 to 57.3 last month, according to the latest report released on Wednesday. The reading…
Surprise Rate Cut Supports Gold Despite Stronger Private Sector Payrolls in February
Private payrolls rose above expectations in February, according to the latest ADP National Employment Report. Payrolls increased by 183,000 last month vs. 209,000 in January,…
Gold Price Preview: March 2 - March 6
Good morning traders, welcome back to our weekly preview of the market week ahead with a focus on the macroeconomic data and narratives that could have the biggest impact on…
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About the GoldPrice.org Team
Benjamin Roussey
Benjamin Roussey has two master’s degrees and served four years in the US Navy. He writes professionally for several sites that cover one sector of our economy to another, including GoldPrice.org.
Benjamin enjoys sports, movies, reading, and current events when he is not working online. He currently resides in the Phoenix area.
Follow Benjamin on LinkedIn.
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.
John Moncrief
John Moncrief is an active commodities and currency trader with nearly a decade in the industry. He also has several years of experience in writing market analysis and research notes.
John’s particular interest is in examining precious metals and currency trends through a focus on macroeconomic drivers and behavioral economic theory; although he’s probably spent at least as much time reading Stan Lee as he has Richard Thaler.
Justin Juozapavicius
Justin Juozapavicius brings over two decades of award-winning experience in journalism and communications to his role as a precious metals news analyst at GoldPrice.org. His extensive portfolio includes work for prominent organizations such as The Associated Press, Raytheon, and Pioneer Natural Resources. A Chicago native, Justin holds a bachelor’s degree in journalism from Oklahoma State University and currently resides in Dallas.
Matthew Bolden
Matthew Bolden is an active trader and investor. His passions include writing about financial markets in a simple, pragmatic way. His work has been seen in various arenas within the world of global finance, and he has written commentary on several markets including precious metals, stocks, currencies and options.
Matthew is an avid reader, student of the markets and sports enthusiast who resides in the greater Chicago area.
Ryan Page
Ryan Page has worked for 3 years as a commodities derivative’s trader. He has been building models to analyze global macro data and evaluate risk for more than 5 years.
Ryan has been trading since he was 14 years old. He enjoys playing mid to high stakes poker, with immense experience studying and applying game theory.
