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.
Gold Price Recap: March 18 - 22
Happy Friday traders, unless you’re only reading this after coming out of the cave of NCAA Tournament first-round games. In which case, happy…Monday?
Gold Prices Rise Above $1310/oz as the Fed Removes a 2019 Rate Hike From Their Projections
Gold price is up nearly $10 from Tuesday evening’s market open and close to $15 higher than the intraday lows, as Chairman Jerome Powell and the Federal Reserve delivered another stringently dovish set of updated economic projections following the March FOMC meeting. The stage is set, it seems, for a prolonged pause in the Fed’s cycle of rate hikes.
Gold Price Preview: March 18 - 22
Happy Monday, traders. I hope this preview is gentle enough to ease you through your green-tinged hangovers and into another week in the gold and currency markets.
Gold Price Recap: March 11 - 15
Welcome to Friday, traders.
We end the week in gold markets in a stronger price environment than we began with on Monday, setting the stage for prices to make another move towards $1350/oz next week, should the FOMC meeting provide the right kind of push.
At time of writing, gold is trading with solid strength just below $1303.
Gold Price Preview: March 11 - 15
Good morning traders, and welcome to another week in the markets.
Gold spot prices are starting the week relatively flat to Sunday evening’s market open, with gold by the ounce going for $1296.00 at time of writing.
This week’s macroeconomic calendar is a busy one, with US Inflation as the headliner going into next week’s FOMC meeting.
Gold Price Recap: March 4 - March 8
Happy Friday, traders. Gold is back around $1300/oz once again—were the last couple weeks just fever dream? The result of (is there any other kind) bad Taco Bell before bed? How did we get back here?
What kind of week has it been?
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