Latest Financial News Impacting Gold Prices
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Service Sector Hits Yearly High in February, Gold Holds Gains With Canadian Rate Cut
The Institute for Supply Management (ISM) non-manufacturing activity index rose from 55.5 to 57.3 last month, according to the latest report released on Wednesday. The reading...
Surprise Rate Cut Supports Gold Despite Stronger Private Sector Payrolls in February
Private payrolls rose above expectations in February, according to the latest ADP National Employment Report. Payrolls increased by 183,000 last month vs. 209,000 in January,...
Gold Price Preview: March 2 - March 6
Good morning traders, welcome back to our weekly preview of the market week ahead with a focus on the macroeconomic data and narratives that could have the biggest impact on...
Gold Price Recap: February 24 - February 28
Happy Friday, traders. Welcome to our weekly market wrap and look at the gold markets. We are once again ending a week that has been dominated by the markets’ (suddenly strong...
Gold Prices Tumble as Chicago PMI Shows Improved Conditions
A measure of business conditions published on Friday indicates that business conditions have improved from 42.9 to 49 in February. While the measure has increased, any reading...
Gold Posts Losses as Personal Income and Inflation Rise in January
Household income in the US rose 0.6% in January, the largest increase in 11 months, while spending rose 0.2%, according to the Commerce Department’s report on Friday. Meanwhile...
Durable Goods Orders Dip 0.2% in January, Gold Price Holds Gains
Orders for durable goods in US factories dipped in January following strong growth the month before. According to the Commerce Department, January orders drawn lower by reduced...
Gold Price Rises as US Jobless Claims Above Expectations
The number of Americans filing for unemployment benefits increased more than expected last week. Claims rose to 219,000 for the week ended February 22 according to the Labor...
US GDP Grew 2.1% in Q4, Global GDP on Track For Worst Year Since Recession
The US economy grew moderately in Q4 2019, with the government confirming a reading of 2.1% annualized growth from October to December. The reading matched an earlier estimate...
Gold Price Holds Support Above $1,650 as Richmond Fed Manufacturing Dips in February
The Richmond Fed manufacturing index saw a major drop in February, diving from 20 points to -2 vs. 10 points expected. The reading comes after January unexpectedly rose from -5...
Gold Price Preview: February 24 - February 28
Good morning, traders. Welcome to our preview of the economic calendar this week, with a focus on the data and news stories that could have the greatest impact on gold, the US...
Gold Price Recap: February 17 - February 21
Happy Friday, traders. Welcome to our weekly market wrap, with a focus on the economic data and market narratives that mattered the most for gold, the Dollar, and related...
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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.
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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.
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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.
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.
