Latest Financial News Impacting Gold Prices
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Soft Activity Reported by Richmond Fed Manufacturing Index, Price of Gold Ticks Upward
Fifth District manufacturing activity in January was reported to be soft according to the most recent survey from the Richmond Fed.
Key Takeaways
- The…
Existing Home Sales Hit Three-Year Low, Below Expectations
US existing home sales have fallen to their lowest rate in over three years, a sign that the housing market continued to dwindle at the close of 2018. Previously-owned homes…
German ZEW Economic Sentiment Increases Slightly Overall, but Current Conditions Hit Four-Year Low
The sentiment for current economic conditions in Germany fell to a four-year low, although January analysts have determined that the overall index reading is less negative…
Gold Price Preview: January 21 - January 25
Happy Monday, traders. Hope all had a pleasant weekend.
This weekend marks the start of the central bank calendar for 2019, and we have a smattering (highly technical…
Gold Price Lower as China Data Disappoints
Markets are reacting to the latest data out of China Monday in a holiday-shortened session. The latest data will only add to investor anxiety over the health of the world’s…
Gold Price Recap: January 14 - January 18
Happy Friday traders, one more big football weekend ahead! (Of course, in two weeks we’ll have the big marketing weekend, interspersed with a football game.)
But you’re…
Consumer Sentiment Plunges, Gold Price Ticks Downward
Consumer sentiment has dipped to the lowest level since the election of President Trump according to today’s University of Michigan consumer sentiment Index. The index…
Gold Price Under Pressure as Philly Fed Index Stronger Than Expected
The gold market is seeing a little selling in early action today. A stronger than expected Philly Fed index reading may be the culprit. The index hit a reading of 17, stronger…
Housing Starts Data Delayed, Private Sector Steps In
While the ongoing partial government shutdown (now the longest in history) has delayed the release of the most current housing starts data, the private sector has stepped in…
Price of Gold Dips, Initial Jobless Claims Below Expectations
Jobless claims fell last week to a five-week low despite the ongoing government shutdown, although more furloughed federal workers did seek financial aid. Claims dipped by 3,…
Palladium Price Takes Out Another Record
Spot palladium prices are seeing a sharp rise in early action today. Just a few short weeks ago, palladium pushed past gold to become the most precious of the precious metals.…
Theresa May’s Brexit Deal Defeated by Huge Margin Leaving Much Uncertainty
Gold and currencies had a rocky day of trading yesterday around the Brexit vote. Theresa May’s Brexit proposal was shot down, a no confidence vote was called was called by…
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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.
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.
