Latest Financial News Impacting Gold Prices
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May Industrial Production Recovering Slower Than Expected, Gold Softens
Industrial production in May rose 1.4% vs. 3% expected as the manufacturing industry struggles to get back on track amid ongoing lockdown procedures worldwide. The slight…
Retail Sales Beat Expectations With Record 17.7% Gain, Gold Prices Slip
Retail sales smashed through expectations in May with 17.7% gains vs. 8% expected and following a decline of 16.4%. Clothing and accessories saw massive gains of 188% as stores…
Gold Price Preview: June 15 - June 19
Good morning, traders. Welcome back to Monday, and welcome back to our preview of the trading week ahead, focusing on the economic data, news flow, and market narratives that…
Gold Price Recap: June 8 - June 12
Happy Friday, traders! Welcome to our weekly market wrap, focusing on the market news, narratives, and economic data that had the most relevant impact on gold prices (and may…
Producer Prices Rise for First Time Since Pandemic, Gold Pares Losses
The wholesale cost of U.S. goods and services rose in May for the first time in four months. Producer price inflation (PPI) is a leading indicator of consumer inflation, making…
Initial Jobless Claims Rise 1.5 Million, Gold Pares Losses
Jobless claims in the US ranged in the millions again last week, but continue to tick downward from the peak seen in mid-March. 1.542 million Americans filed for unemployment…
Fed Officials Leave Rates Unchanged, Revise Economic Outlook Downwards, and Reaffirm Commitment to Stimulus and Ultra-Low Rates
The FOMC concluded their June meeting this afternoon, announcing no changes to the short-term interest rates that the Federal Reserve uses as its primary lever to impact…
Consumer Prices Drop 0.1% Unexpectedly in May, Gold Rises
Consumer prices in the US fell for the third month in a row in May, dropping 0.1% after a major 0.8% drop in April according to the Labor Department. The April decline was the…
Gold Price Preview: June 8 - June 12
Hello traders, happy Monday and welcome to our weekly preview of the trading week with a focus on the economic data, news flow, and market narrative that looks most likely to…
Gold Price Recap: June 1 - June 5
Happy Friday, traders. Welcome back to our weekly market wrap, focusing on the news flow, narratives, and economic data that had the biggest impact (and may continue) on gold…
Shock Jobs Report Smashes Expectations With Net 2.5 Million Jobs Added and Unemployment Down to 13.3%
The May employment report came as a big surprise to market analysts with 2.5 million jobs added to US payrolls. Analysts had forecast losses of 7.5 million jobs and…
Gold Rises as Continuing Unemployment Claims Rise Unexpectedly
An additional 1.877 million Americans have applied for unemployment benefits in the week ended May 30, slightly above expectations of 1.843 million claims. 42 million Americans…
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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.
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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.
