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.
Gold Price Recap: December 17 - December 21
Happy Friday, traders. It’s Christmas time!
But first, what kind of week has it been?
FOMC Decision Wrap-Up: Gold Prices Now Above Summer Highs as Markets Struggle Following Rate Hike
Yesterday afternoon the Federal Reserve raised the cost of borrowing by 0.25% for the fourth and final time in 2018. With the target range moved up to 2.5%, rates are now at the bottom end of what the FOMC considers as the “neutral range” of 2.5-3.5%, meaning the era of technically accommodative Fed policy has ended.
Gold Price Preview: December 17 - December 21
Happy Monday, traders. And welcome back for the last full trading week of 2018.
Gold has popped back through $1240/oz this morning, likely taking some fear-based momentum from the tumult in equities at the end of last week. Currently, we’ve got gold-spot above $1242 and silver continuing to hold strength above $14.55 as US equities and the dollar remain in their slump.
Gold Price Recap: December 10 - December 14
Happy Friday, traders.
What kind of week has it been?
The Market Week Ahead: December 10 – December 14
Happy Monday, traders. And welcome back.
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