Latest Financial News Impacting Gold Prices
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Personal Incomes Fall Unexpectedly in January, Gold Price Sell-off Continues
At -0.1%, personal incomes for Americans dropped for the first time in approximately three years after the increase seen in December was connected with farm subsidies and…
Gold Price Falls With Unexpectedly Strong Q4 GDP Growth
The US GDP came in stronger than expected in Q4, although still significantly weaker than in Q3. Business investment helped bolster the economy at the close of 2018. Q4 GDP…
Initial Jobless Claims Rise by 8,000
Today's US Department of Labor report indicated that the number of Americans filing for unemployment benefits rose by 8,000 to 225,000 during the week ended February 23, higher…
Trade Rep Lighthizer Indicates China Deal May Not Happen
Statements made by US trade representative Robert Lighthizer caused ripples in the financial markets as he stated that a deal with China is not yet close to being finalized,…
Price of Gold Ticks Downward With Rebound in Pending Home Sales
Home Sales jumped 4.6% in January according to a measure used by the National Association of Realtors. Sales were still down 2.3% compared to last year.
Key Takeaways…
Jerome Powell Assures Committee That Fed Is Prepared to Adjust Balance Sheet Runoff Policy
Federal Reserve Chairman Jerome Powell spoke to a Senate committee on Tuesday, stating that the while the US economy is currently in a strong position, there may be trouble…
Gold Price Ticks Downward as Home Prices Rise at Slowest Pace Since 2015
Lack of buying power in the housing market is resulting in a cool down of home prices as sellers adjust their expectations and moderate their asking prices. Home prices…
December Housing Starts Hit Two-Year Low
Gold prices have ticked downward today despite negative housing market data which revealed that the rate of new US homes being built in December sunk to a two-year low.
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Gold Price Preview: February 25 - March 1
Good morning traders, welcome to Monday.
Gold looks to be starting another week on the good foot, having shrugged off some hard selling in pre-US trading. After healthy…
Gold Price Recap: February 19 - February 22
Happy Friday, traders.
For those of us that regularly spend time trading in the metals and currency markets, things feel a bit different this week, don’t they? Devoid of…
Gold Rises as Multiple Federal Reserve Officials Release Policy Statements
After hefty corrections throughout yesterday’s session, gold is trading up again in the face of multiple statements made by Federal Reserve in both voting and non-voting…
Existing Home Sales Drop Sharply to 3-Year Low
US existing home sales have hit a 3-year low, dropping -1.2% in January after dropping 6.4% the month before with prices rising only modestly. The data shows home sales to be…
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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.
