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Gold Prices Take Off Despite 5-Month Low in US Jobless Claims
The number of Americans filing for unemployment benefits fell to the lowest point in 5 months for the week ended September 7 according to a report released by the Labor...
Mild Boost in US Core Producer Prices May Mean Stable Inflation, Gold Prices Unchanged
US producer prices rose 0.1% in July and 1.8% annually in August, according to a report released on Thursday by the Labor Department.
Core-producer prices, which exclude...
Gold Price Preview: September 9 - 13
Good morning, traders. Welcome to this week’s rundown of the macroeconomic data and market headlines that precious metals and currency traders should be keeping an eye on....
Gold Price Recap: September 3 - 6
Happy Friday, traders! Welcome to your recap of the week in metals and currency markets.
We’ve had a whippy final day of trading to cap of a wild week, and at the time...
Hiring Slows but Remains Strong in August, Gold Prices Tick Upward
The US economy added 130,000 jobs in August compared to 160,000 expected, while the unemployment rate remained flat as expected at 3.7%. The low rate of unemployment, near a 50...
ISM Non-Manufacturing PMI Shines Some Light on the US Economy
The Institute for Supply Management’s (ISM) Non-Manufacturing PMI report shows that economic activity in the United States service sector beats expectations, 56.4 actual vs 54...
Gold Prices Dip as Jobless Claims Remain Stable
The number of Americans applying for unemployment benefits saw a moderate increase last week, remaining near the lowest level since 1969. Coupled with unexpectedly high levels...
Gold Prices Drop After Four-Month High in US Job Creation
US companies added the most jobs in four months in August, with payrolls increasing by 195,000 compared to estimates of 148,000 and 142,000 the month prior. Combined with...
Gold Price Preview: September 3 - 6
Good morning, traders. Welcome to your look at the macroeconomic week ahead! I hope you all enjoyed the long holiday weekend and are ready to jump back into the precious metals...
Gold Price Recap: August 26 - August 30
Happy Friday, traders! Welcome back to you recap of the week in metals and currency markets.
At the time of writing, gold is settling in for the close of a monumental...
Trade War Hasn’t Increased Layoffs According to Labor Report, Gold Prices Hold Steady
The number of Americans applying for jobless claims during the week ended August 24 rose by 4,000 to 215,000, according to a report released by the Labor Department on Thursday...
Moderate Manufacturing Activity Reported in August, Gold Price Rises
The Federal Reserve Bank of Richmond reported moderate manufacturing activity in August in the Fifth District, according to their most recent survey. The composite index rose...
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