Latest Financial News Impacting Gold Prices
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Gold Price Tests Resistance Despite Unexpected Drop in Jobless Claims
Thursday’s report from the Labor Department indicates ongoing strength in the labor market, with applications for initial jobless claims falling unexpectedly. While hiring has...
Business Investment is Down With Unexpected Drop in Durable Goods Orders
New orders for durable goods, designed to last more than three years, fell -1.1% in September, indicating softening business investment. This represents a big miss in orders...
Major Drop in Existing Home Sales as Housing Struggles, Gold Price Stays on Lows
Sales of existing homes in the US dropped more than expected in September as the market continues to show signs of weakness in Q4. Land and labor shortages continue to hinder...
Manufacturing Index Sees Major Rebound, Defying Expectations
The Richmond Manufacturing Index beat market expectations for October with a rebound from -9 to 8, vastly surpassing market expectations of a drop to -14. Back in positive...
Gold Price Preview: October 21 - October 25
Good morning, traders! Welcome back to our weekly look at the macroeconomic calendar interesting us as metals traders over the next five trading days.
Gold and silver...
Gold Price Recap: October 14 - October 18
Happy Friday, traders! Welcome to our weekly recap of the action and drivers in the precious metals and Dollar markets.
As we slide towards the close of a tightly traded...
Gold Prices Rise on Weak US Financial Reports
Gold prices have seen modest upward movement today in the face of mixed data from different sectors of the US economy today which led to a slump in the US dollar. US...
Gold Price Preview: October 14 - October 18
Good morning, traders. Welcome to your weekly look at the upcoming macroeconomic calendar, with a specific focus on the events that are most important for the precious metals...
Gold Price News: October 7 - October 11
Happy Friday, traders. Welcome to our weekly look back at the last five trading days in precious metals and US Dollar markets.
At the time of writing this afternoon,...
Gold Prices Sink as Consumer Sentiment Sees Modest Rebound, Remains Below Average
The University of Michigan Consumer Sentiment Index, released on Friday, came in at 92 for September, recovering from the three-year low of 89.8 seen in August. The reading is...
Low Jobless Claims Show Labor Market Strength, Gold Prices Drop
The US labor market continues to show signs of strength amid uncertain economic conditions, with initial jobless claims dropping below expectations last week. 210,000...
Consumer Price Index at Lowest Since January, Gold Prices Tick Downward
US consumer prices saw no change in September since the month before, matching the weakest reading since the beginning of the year. With underlying inflation reportedly...
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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.
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.
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.
