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FOMC Recap: December 11
Gold and silver prices are considerably higher this afternoon following...
US Consumer Inflation Hits Yearly High, Gold Price Ticks Upward
US consumer inflation remains quite low, although last month saw gains in the cost of gas, rent, and health care. With tame inflation throughout 2019, consumer inflation is now...
Gold Price Preview: December 9 - December 13
Good morning, traders. Welcome back to another week in the markets, and to our weekly preview of the events on the macroeconomic calendar that matter most for gold and Dollar...
Gold Price Recap: December 2 - December 6
Happy Friday, traders. Welcome to our regular recap of the week’s headlines and macroeconomic data that mattered most to the gold and currency markets.
Gold prices are...
Gold Price Drops Further as US Consumer Sentiment Hits 7-Month High
US consumer sentiment was measured at 99.2 on the latest University of Michigan consumer sentiment index, an increase from 96.8. The result beat expectations, indicating an...
Gold Prices Drop as Jobs Report Beats Expectations, Unemployment Drops to 3.5%
The November report from the Labor Department saw 266,000 new jobs added vs. just 180,000 expected. The labor market felt the influx of workers returning from the...
Jobless Claims Hit 7-Month Low, Gold Prices Remain Flat
The number of Americans filing applications for unemployment benefits dropped below expectations last week, indicating ongoing strength in the labor market despite major hiring...
Gold Price Keeps Falling Despite Unexpected Slowdown in Service Sector
The US service sector declined further than expected in November as the trade war continues to impact multiple industries. A shortage of skilled laborers is also a factor in...
Gold Price Dip Despite Job Market “Losing Its Shine” With Weak November Growth
Private payrolls rose by 67,000 jobs in November according to ADP and Moody’s Analytics. The figure was drastically lower than the expected results of 150,000 new jobs,...
Gold Price Preview: December 2 - December 6
Good morning, traders. Welcome to our weekly preview of the macroeconomic data and major narratives that matter for the gold markets for this, the first week of the last month...
Gold Price Recap: November 25 - November 29
Happy Friday, traders. Welcome to our recap of the news and economic data this week that was the most important for the gold market. With a shortened and lightly attended week...
Gold Prices Dip After Upbeat US GDP and Inflation Data
Q3 GDP came in at 2.1% vs. 1.9% expected during the second preliminary estimate which was released on Wednesday. Growth was partially due to gains in personal consumption...
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