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Gold Price Preview: December 23 - December 27
Happy holidays, traders! Welcome to the start of our two shortened trading weeks to end 2019 and roll into 2020. News flow and data releases will be minimized this week (and...
Gold Price Recap: December 16 - December 20
Happy Friday, traders; welcome to our regular Friday recap of the week’s macroeconomic data and headlines that mattered most to the precious metals and Dollar markets. And the...
Personal Income and PCE Rise in Line With Expectations, Gold Prices Steady
Consumer spending, which accounts for two-thirds of US economic activity, showed robust growth in November as expected with 0.4% growth according to the Commerce Department....
Six-Month Low in Philly Fed Manufacturing Index Sees Gold Prices Rise
The Philadelphia Federal Reserve manufacturing index dropped 10 points in December, failing to meet expectations and falling to a six-month low. Now at 0.3, the index is just...
Jobless Claims Less Than Expected After 2-Year High, Gold Prices Rise
Initial jobless claims in the US fell 18,000 to 234,000 for the week ended December 14, according to the Labor Department’s report on Thursday. Claims had shot up to a two-year...
November Industrial Production Rebounds, Gold Prices Hold Firm
US manufacturing output rose above expectations in November following the end of a six-week strike at General Motors, leading to increased production in the auto industry....
Homebuilding Beats Expectations in November, Permits Hit 12-Year High
US homebuilding rose above expectations for November at 3.2% growth or 1.365 additional units. Permits for construction, an indicator of future building, hit above a 12-year...
Gold Price Preview: December 16 - December 20
Good morning, traders. Welcome to our weekly preview of the macroeconomic data and headlines that will matter most for gold markets this week—the last full week of trading for...
Gold Price Recap: December 9 - December 13
Happy Friday the 13th, traders. Welcome back to our weekly recap of the data and headlines with the biggest impact on the gold and Dollar markets, both this week and...
Big Miss on Retail Sales Indicates Growth Slowdown, Gold Price Rises
US consumers spent less than expected coming into the start of the holiday shopping season, indicating reduced economic growth. Retail sales came in at just 0.2% growth for...
Gold Price Flat Despite 2-Year High in Jobless Claims Following Trump Tweet
The number of Americans filing applications for unemployment benefits rose above more than a two-year high last week. The week ended December 7 saw 252,000 new claims, well...
Gold Price Rises as Producer Prices Go Unchanged in November With Unexpectedly Tame Inflation
November saw no change in producer price inflation with reduced costs for services offsetting gains in other areas like gasoline and food. While...
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