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Price of Gold Holds Majority of Gains After FOMC January Meeting Minutes Are Released
Gold prices are down this afternoon from a 10-month high point after the Fed’s discussion…
Boost for Housing as Index of Builder Sentiment Exceeds Expectations, Gold Nears 2.5 Year High
Builder confidence in the market for newly-built single-family homes rose higher than expected, gaining 4 points from 58 to 62 in February according to the most recent National…
Gold Price Preview: February 19 - February 22
Happy Tuesday traders, and welcome back from what I hope was a well-enjoyed long holiday weekend.
Even those of you who found…
Gold Price Hits 10-Month High
The gold market continues to move higher as strong market fundamentals and an improving technical posture fuel further buying. A variety of factors is behind the market rise…
Gold Price Higher as Market Shows Significant Signs of Strength
The gold market has continued its march higher despite facing several major headwinds. Last Friday saw gold rise even as both stocks and the dollar index gained ground. The…
Gold Price Recap: February 11 - February 15
Happy Friday, traders. With a long weekend ahead that I’m sure you’re all anxious to get to, I’ll do my best to keep our rundown (useful, but) brief.
So, what kind of…
US Consumer Sentiment Higher Than Expected in February
According to the University of Michigan Consumer Sentiment Index, US consumer sentiment shot up by more than expected in February following the end of the partial shutdown of…
Gold Price Rises as US Industrial Production Misses Mark in January
US Industrial Production declined -0.6% in January, unexpectedly sinking when analysts were predicting a 0.3% increase. December production was revised down from 0.3% to 0.1…
Gold Holds Strong Gains as NY Empire State Manufacturing Survey Rebounds Above Expectations
Business activity in New York State has recovered slightly according to the latest index which came in at 8.8 compared to 7 expected according to the New York Federal Reserve…
Gold Price Rises as Retail Sales Drop to 9-Year Low
December retail sales have unexpectedly crashed to a 9-year low with a 1.2% decline fueling concerns among market analysts and participants.
Key Takeaways
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Price of Gold Rises With One-Year High in Monthly Jobless Claims
Gold prices have bounced after a report showing unexpectedly-high jobless claims coincided with a lower-than-expected PPI for January and the lowest retail sales in nine years…
Gold Price Rises as January PPI Misses Expectations
January PPI shrank -0.01%, missing expectations of a 0.01% monthly increase as producer prices fell due to reduced demand for goods according to the US Bureau of Labor…
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