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Gold Price Preview: October 7 - October 11
Good morning, traders. Welcome to our weekly look at the macroeconomic calendar for the precious metals and Dollar markets.
At the time of writing this morning, gold and...
Gold Price Recap: September 30 - October 4
Happy Friday, traders. It’s been a wild week for gold and silver markets, one that has seen the spot price for gold close Friday’s trading just below $1505/oz.
...
Job Growth Lower Than Expected in September, Gold Prices Tick Downward
The US economy added 136,000 new jobs in September according to a government report released on Friday. The figure is below expectations of 150,000 jobs, marking the slowest...
Unexpectedly Slow Growth in Services Could Spell Recession, Gold Prices Rise
The service sector grew at a slower rate than expected in September according to the ISM Non-Manufacturing Index which was released on Thursday. The index came in at a reading...
Jobless Claims Rise Moderately, Gold Prices Hold Firm
Last week saw a moderate increase in the number of Americans applying for unemployment benefits. Initial jobless claims rose 3,000 to 213,000 during the week ended September 21...
Private Sector Employment Drops in September, Gold Prices Rise
Private payrolls increased by 135,000 jobs vs. 157,000 in August and 125,000 expected in September according to a report released by ADP and Moody Analytics on Wednesday. The...
Recessionary Risks Mount as ISM Manufacturing Index Hits 10-Year Low, Gold Price Rises
The ISM US manufacturing Purchasing Manager’s Index sunk to the lowest point since June 2009 according to a report released on Tuesday. The index came in at 47.8, marking the...
Gold Price Preview: September 30 - October 4
Good morning, traders. Welcome to Monday, and your look ahead at this week’s macroeconomic calendar as it relates to gold, silver and Dollar markets.
Gold prices are...
Gold Price Recap: September 23 - 27
Happy Friday, traders. Welcome to your recap of the week in precious metals markets.
Gold prices are markedly lower this afternoon, as the most recent wave of risk-off...
Growth in Durable Goods Orders Drops Unexpectedly in August, Gold Prices Sink
Durable goods orders in the US fell unexpectedly in August, although shipments saw a modest increase. Orders for goods meant to last three years or more rose 0.2% after a major...
Consumer Spending Slows in August and Inflation at 1.8%, Gold Prices Tick Downward
US consumer spending saw almost flat activity in August, an indicator that the driving force behind the US economy is slowing down following strong growth in Q2 2019. Core-PCE...
Initial Jobless Claims See Slight Increase, Gold Prices Hold at Daily Highs
The Labor Department reported a slight increase in the number of Americans filing applications for unemployment benefits, indicating ongoing strength in the market. Initial...
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