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Gold Price Recap: March 25 - 29
Happy Friday, traders. Welcome to the weekend.
So, what kind of week as it been?
After a real back-end-of-the-rollercoaster kind of week, gold markets are heading...
New Home Sales Reach 11-Month High
US new home sales hit an 11-month high in February as revised mortgage rates increase affordability and allow new buyers to enter the market. January figures were revised...
Pending Home Sales Drop 1% in February After Big Gains in January
Pending home sales dropped 1% in February, declining 4.9% year over year. The pending home sales index dropped to 101.9 in February, down from January’s figure of 103.2....
Consumer Spending and Incomes Fall Short of Expectations, Inflation Muted
US consumer spending missed forecasts in January, rising less than expected after the dip in December. Spending ticked upward by 0.1% in January, while February data for...
Palladium Price Continues to Fall, Possible Long-Term Top Reached
Palladium prices are getting hit hard today as the market trades lower by nearly $100/oz at $1,336. After hitting a new all-time high last week around $1,576/oz, the market has...
Gold Prices Sharply Lower as Dollar Resurgence Takes a Toll
The price of gold is falling in early action today as a stronger dollar and rising stocks weigh on the metal. The longs appear to have thrown in the towel for now as the...
Gold Sinks Below $1,300 With Initial Jobless Claims Lower Than Expected
Applications for unemployment benefits in the US for the week ending March 23 dropped from a revised 216,000 last week to 211,000 vs 220,000 expected.
Key Takeaways...
Gold Price Ticks Downward With Unexpected Drop in US Trade Deficit for January
The US trade deficit fell more than expected, dipping from -$59.8 billion to -$51.15 billion vs just -$57.5 billion expected. The 16.6% drop in the deficit is the sharpest drop...
Home Prices See Slowest Growth in Almost Four Years
The S&P CoreLogic Case-Shiller 20-city index declined and saw the slowest pace of annual growth in January since 2012. Home prices rose 4.3% nationwide.
Key...
Gold Prices Drop Despite 8-Month Low in Housing Starts
After a major comeback in January, homebuilding has taken yet another hit as...
Gold Price Preview: March 25 - 29
Good morning traders, welcome to Monday.
This week’s economic calendar gives us a much lighter dance card compared to last week, but we will be examining the aftermath...
Gold Price Recap: March 18 - 22
Happy Friday traders, unless you’re only reading this after coming out of the cave of NCAA Tournament first-round games. In which case, happy…Monday?
Gold prices are...
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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.
Follow Benjamin on LinkedIn.
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.
