Latest Financial News Impacting Gold Prices
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Gold Price Recap: May 4 - May 8
Happy Friday, traders. Welcome back to our weekly market wrap, focusing on the week’s market events that mattered the most for gold prices, as well as the Dollar and other key…
Jobs Report Shows 20.5 Million Jobs Lost in April, Gold Ticks Downward
The US economy lost 20.5 million jobs in a single month, an unprecedented loss far worse than any seen in the nation’s history. The coronavirus pandemic has dealt a major blow…
“Devastating” Job Losses Continue With Unemployment Likely Above 20%
Initial jobless claims figures show that an additional 3.16 million Americans filed for unemployment benefits last week. This came in slightly above expectations of 3 million.…
“Unprecedented” - Gold Rises as the Private Sector Alone Lost 20 Million Jobs in April
Private sector employment shed 20,236,000 between March and April according to the April ADP National Employment Report. The report measures jobs lost between March 12 and…
Services Contract for First Time Since Great Recession, Gold Below $1,700
The Institute for Supply Management (ISM) non-manufacturing production managers index (PMI) came in at 41.8 vs. 37.9 expected in April and compared to 52.5 the month before.…
Gold Price Preview: May 4 - May 8
Good morning, traders. Welcome to our weekly preview of the next five trading days, with a focus on the economic data and market narratives most likely to impact the price of…
Gold Price Recap: April 27 - May 1
Happy Friday, traders. Welcome to our weekly market wrap, with a focus on the news and data that most impacted gold prices as well as trading for the US Dollar and other…
ISM Manufacturing PMI Drops Above Expectations, Gold Price Stay Lower
The Institute for Supply Management (ISM) PMI came in at 41.5 last month, down from 49.1 in March. While this indicates a steep contraction, the figure is better than the…
Personal Income and Spending Plunged and Inflation Softened in March, Gold Ticks Downward
Personal income fell 2% in March along with disposable income as the impact of the coronavirus pandemic continues to affect people’s lives and finances. Consumer spending took…
3.8 Million More Americans File for Unemployment Benefits, Gold Prices Fall
Initial jobless claims soared by another 3.8 million in the week ended April 25, above the expected figure of 3.5 million claims. Last week’s figures are down from the week…
Gold Prices Are Rallying From $1700 as the Federal Reserve Re-Commits to Ultra Low Interest Rates for the Near Future
On the same day that the US government reported an annualized contraction of 4.8% for the American economy in Q1, the Federal Reserve concluded their first two-day meeting…
Recession Confirmed as GDP Shrinks 4.8% in Q1, Gold Prices Hold Above $1,700
The US economy shrank for the first time since 2014 with 4.8% decline vs. 3.5% decline expected in Q1. The coronavirus outbreak has dragged on all aspects of the economy,…
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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.
Justin Juozapavicius
Justin Juozapavicius brings over two decades of award-winning experience in journalism and communications to his role as a precious metals news analyst at GoldPrice.org. His extensive portfolio includes work for prominent organizations such as The Associated Press, Raytheon, and Pioneer Natural Resources. A Chicago native, Justin holds a bachelor’s degree in journalism from Oklahoma State University and currently resides in Dallas.
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.
