Latest Financial News Impacting Gold Prices
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Gold Prices Rally After Fed Signals Dovish Outlook
At the end of another Fed day, this one including a quarterly update of the Staff Economic Projections, gold prices are solidly higher, up roughly $13 from Tuesday’s closing…
Federal Reserve Rate Decision Preview
The Federal Reserve is set to make a very important rate decision today. The recent moves in gold, the dollar and equities reflect the markets anticipation that the Fed will…
Gold Price Preview: June 17 - June 21
Good morning traders, and welcome back to another week in the metals and currency markets!
You can expect a fairly quiet start to the week, as all eyes will be on the…
Gold Price Recap: June 10 - June 14
Happy Friday traders! Did you miss me? The last two weeks of trekking the Italian coastline have hopefully not whittled my analytical skills too much, and I’m glad to be back…
US Retail Sales Climb for Second Straight Month, April Figures Revised Higher
US retail sales saw gains in May with increases in spending on autos, electronic gadgets and appliances. The Commerce Department released a statement saying that headlines rose…
Gold Prices Climb as Jobless Claims Spike Unexpectedly
The number of Americans filing applications for unemployment benefits rose unexpectedly for the week ended June 08, sparking concerns that the labor market may be slowing down…
Cheap Gasoline Keeps Consumer Prices Low in May, Gold Price Rises
US consumer prices remained relatively flat through May with rising food costs offset by a drop in the price of gasoline. The consumer price index (CPI) rose 0.1% as expected…
Producer Prices Increase in May, Gold Price Drops
Producer prices rose in May by 0.1% as expected according to a Labor Department report released on Tuesday, spurred on by a boom in the cost of hotel accommodation and other…
Gold Price Preview: June 10 - June 14
Happy Monday gold traders. The last week of trading was an exciting one. Gold rallied almost $70 from about $1280 to about $1350 in 7 days of trading.
…
Employment Growth Well Below Expectations in May, Unemployment Rate Holds Steady
US non-farm payroll employment increased by 75,000 in May compared to 180,000 expected. With the labor market going strong, the latest employment growth reading is a surprise…
Initial Jobless Claims Applications Stay Flat, Gold Price Rises
The number of initial jobless claims filed in the US last week was unchanged, pointing to strength and stability in the labor market despite a general economic slowdown.
…
Fed Chair Jerome Powell Says Fed Will Act to Preserve Economic Expansion
Federal Reserve Chairman Jerome Powell made a statement on Tuesday to say that the central bank would monitor economic conditions and act to maintain the current economic…
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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.
