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Gold Prices Solidly Lower as Chinese Data Disappoints and Trade Talks Stall
The gold market is getting hit hard in action on Thursday following significant weakness in the overnight session. The primary drivers behind the selling include weak data out...
Initial Jobless Claims Rise Slightly Above Expectations
More Americans filed for unemployment benefits last week than expected, but at 229,000, the final figure is not far off market expectations of 225,000. Initial jobless claims,...
Import Prices Jump Higher Than Expected Due to Oil Price Shift
The cost of imports in February saw the biggest jump in 9 months, with the increase due entirely to the rising price of fuels like oil and natural gas. Other import prices...
Durable Goods Orders Rise Above Expectations, Gold Prices Hold Gains
Durable goods orders rose by 0.4% in January vs -0.4% decline expected according to a Commerce Department report released on Wednesday which was delayed by the government...
Gold Price Holds Gains as February PPI Below Expectations
The Producer Prices Index (PPI) for February has clocked in at a 0.1% rise, below market expectations of 0.2% but recovering from the -0.1% drop the month before.
Key...
US Consumer Prices Increase in February, Gold Price Rises
The US Labor Department has reported that the Consumer Price Index rose 0.2% in February, driven largely by the increased cost of food, gasoline, and rent.
Key...
Retail Sales Rose in January, December Revised Downward
Mixed data from the retail sector hit the market on Monday as retail sales for January rose unexpectedly while the already-poor figures for the month prior were revised even...
Gold Price Preview: March 11 - 15
Good morning traders, and welcome to another week in the markets.
Gold spot prices are starting the week relatively flat to Sunday evening’s market open, with gold by...
Gold Price Recap: March 4 - March 8
Happy Friday, traders. Gold is back around $1300/oz once again—were the last couple weeks just fever dream? The result of (is there any other kind) bad Taco Bell before bed?...
Disappointing US Job Data Fuels Gold to Make Another Run at $1300
Hiring slowed to crawl in February as employers added just 20,000 jobs vs the 180,000 expected. Unemployment dropped to 3.8% as government employees returned to work. Urban...
January Housing Starts Surged 18.6%, Gold Prices Rise
Housing starts in January shot up 18.6% after showing poor performance in previous months. The surge in housing starts is a strong indicator that the embattled housing...
Initial Jobless Claims Drop Unexpectedly in March
The number of Americans filing for unemployment benefits dropped by 3,000 to 223,000 in the week ending March 02, according to an announcement made on Thursday by the US...
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