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Gold Price Recap: May 13 - May 17
Happy Friday, traders. Welcome to your weekly recap of the gold market.
So, what kind of week has it been?
...
Gold Price Continues to Tick Downward as Consumer Sentiment Hits 15-Year High
US consumer sentiment is at the highest level in 15 years according to the results of the University of Michigan Consumer Sentiment Survey released on Friday. The index rose to...
Gold Price Faces Selling Pressure as Jobless Claims Fall Below Expectations
The number of Americans filing applications for unemployment benefits fell more than expected last week with 212,000 applications vs. 220,000 expected. The labor market...
Housing Starts Rise Above Expectations in April, Gold Price Drops
US homebuilding saw stronger than expected activity in April with a 5.7% rise in housing starts, with increases in both single-family and multi-family housing units. Data for...
Philadelphia Fed Manufacturing Index at Four-Month High
The Philadelphia Federal Reserve reports that its manufacturing index hit a four-month high of 16.6 in May, well above the reading of 8.5 seen in April as well as the expected...
Consumer Spending Falls Putting Pressure on Shaky Markets
Consumer spending fell 0.2% in April, a sign that the overall economy might be slowing. Retail Sales in March were revised up from a 1.6% increase to a 1.7% increase following...
Growth in US Industrial Production Slumps to Two-Year Low in April
Industrial production in the US declined by -0.5% in April, brought low by a major drop in factory output due to the ongoing reduced demand for autos and auto parts. The rate...
Gold Price Rises as Empire State Manufacturing Index Hits Six-Month High in May
The New York Federal Reserve announced on Wednesday that the Empire State manufacturing survey reached a six-month high in May, climbing from 10.1 in April to 17.8 in May. The...
Gold Price Preview: May 13 - May 17
Good morning traders, welcome to another week in the markets.
We’re off to an energetic start to the week, after the mild quiet of Sunday evening and overnight trading...
Gold Price Recap: May 6 - May 10
Good morning traders, and happy Friday. There wasn’t a great deal on the economic calendar this week, so without much to breakdown we can send everyone home early for the...
Gold Prices Climb as US Consumer Prices Rise in April, Inflation Remains Muted
Consumer prices in April rose 0.3% in April, in line with market expectations following a 0.4% gain in March. Annually, the Consumer Price Index (CPI) was slightly below...
Jobless Claims Fall Less Than Expected, Little Change to the Markets
Economists forecasted jobless claims to decrease to 220,000. The figure was a slight miss as jobless claims reported a seasonally adjusted 228,000 for the week ending May 4...
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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.
