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The Market Week Recap: November 26 – November 30
Happy Friday, traders.
What kind of week has it been?
A bit of a kick-around, I’d say.
In soccer, the Sport of Capitalism (personal trademark pending,) a...
Will the G20 Be a Driver for Gold?
The highly anticipated G20 meeting is getting underway and it could have some substantial effects on markets. The Saturday meeting between U.S. President Donald Trump and...
FOMC Meeting: December Rate Hike Likely, 2019 Hikes Undecided
The Federal Open Market Committee meeting minutes of the meeting ending on November 09 were released today and largely confirmed the outlook that has been subject of much...
Annual PCE Index Shows Inflation Lower Than Expected
The annual core Personal Consumption and Expenditures index, the Federal Reserve’s preferred measure of inflation, rose 0.1% annually and 1.8% monthly in October, slightly...
Unforeseen Growth in Personal Income and Spending
US personal income and consumer spending surpassed growth estimates last month, growing 0.5% in October instead of the projected 0.4%, with a 0.2% jump seen the month prior....
Weekly Jobless Claims at 6-Month High
The number of Americans who applied for unemployment benefits during the week of Thanksgiving saw a sharp rise to 234,000. This figure represented a rise of 10,000 claims from...
Federal Reserve Chairman Describes Interest Rates as Near Neutral, Stocks Rise
Federal Reserve Chairman Jerome Powell made a statement today saying that the benchmark interest rate laid out by the central bank is near a neutral level, perhaps indicating...
New Home Sales Drop 8.9% in October
New home sales in the US plummeted almost 9% last month according to today’s report released jointly by the Census Bureau and Department of Housing and Urban Development, with...
Home Prices Lowest Since January 2017
The Case-Shiller S&P Index report released today shows that home prices have sunk to their lowest since January 2017, with rising interest rates impacting housing demand....
Gold Slips as Dollar Strengthens
Gold has given up its earlier gains and is now trading moderately lower in mid-am action. Prices are currently down $10 per ounce at $1211.60. The dollar has moved up to the...
Gold Slightly Higher on Outside Market Action
Gold prices are inching slightly higher to kick off the new trading as crude oil and stocks attempt to rebound while the dollar loses steam. This week will likely see a return...
The Market Week Ahead: November 26 – November 30
Happy Monday, traders.
I’m sure we’re all excited and/or struggling to be back at our monitors after a long weekend of relaxing and/or hiding from family.
As we...
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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.
Follow Benjamin on LinkedIn.
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.
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.
