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The Market Week Recap: November 19 – November 23
Happy Friday, traders. (*hiccup*)
What kind of (*turkey burp*) week has it been?
Thankfully it’s been a mild week of gold trading, and I hope you all have been…
US Services PMI Shows Slowdown, Continued Growth
The Flash US Composite PMI data from IHS Markit has shown a moderate slowdown in growth in the services industry which is nevertheless described as healthy with a reading of 54…
US Markit Manufacturing PMI Hits 3-Month Low
The seasonally adjusted IHS Markit Flash U.S. Manufacturing Purchasing Managers’ Index has come in lower than expected with a reading of 55.4 compared to the predicted level of…
Existing Home Sales Rise 1.4% in October, Down 5.1% Annually
Existing home sales saw a 1.4% boost last month compared to the decline seen the six months prior. National Association of Realtors data shows that 5.22 million units were sold…
EIA Crude Oil Inventories up 4.9 Million Barrels
EIA Crude oil inventories saw another jump this week as supply continues to push prices down. The…
Gold Prices Reach Session Highs as Durable Goods Orders Hit 15-Month Low
Orders to US factories for manufactured goods designed to last three years or more underwent the biggest slump in 15 months, dropping $11.7 billion in value to a total of $248.…
Bank of England Backs Theresa May's Brexit Deal Draft
Bank of England Governor Michael Carney backed Theresa May’s drafted Brexit deal this morning when addressing the UK Parliament, stating that the deal would support…
Housing Starts Increased 1.5% in October, Dropped 2.6% Annually
The rate of new homes being constructed increased in October as builders broke ground on residential properties, but annually housing starts are in decline. The housing market…
Gold Catching a Bid as Stocks Under Siege
The gold market is moving slightly higher in early action today as stocks once again come under significant duress. As of this writing, the Dow Jones Industrial Average is down…
The Market Week Ahead: November 19 – November 23
Happy Monday, traders.
After some excitement over the last 5-6 trading days, things are slowing down this week with Thanksgiving on Thursday; it’s nearly an America-only…
The Market Week Recap: November 12 – November 16
Happy Friday, traders.
So, what kind of week has it been?
You know what? I’m going to say it’s been a pretty positive week for gold. I admit that comparing gold’s…
Modest 0.1% Growth in US Industrial Production
Industrial production rose by 0.1% in October according to the Federal Reserve. While industrial production is not typically volatile, it speaks to the overall stability of the…
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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.
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.
