Latest Financial News Impacting Gold Prices
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Housing Starts See Worst Slump Since 1984, Gold Prices Hold Gains
Construction of new homes in the US saw the largest monthly decline since 1984, pushed downward by the impact of the coronavirus outbreak on the housing market and the economy…
22 Million Initial Jobless Claims in Last Four Weeks, Gold Prices Stay Higher
An additional 5.245 million Americans filed for unemployment benefits in the week ended April 11, slightly below the expected figure of 5.5 million. 22 million Americans have…
US Industrial Production Hits 74 Year Low in March, Gold Prices Sink Further
US industrial production had the worst month since 1946, with coronavirus containment procedures shutting down manufacturers and crippling supply chains worldwide. Factory…
NY Manufacturing Hits Record Low Twice as Bad as Great Recession, Gold Price Sees Correction
The Empire State Manufacturing Index has sunk to a record low of -78.2 in April, more than double the previous low of -34.3 which was seen during the Great Recession.…
Record Plunge in Retail Sales for March, Gold Prices in Low $1700 Range
March saw the largest one-month drop in retail sales since records began over 30 years ago, with the coronavirus pandemic shutting down stores and restricting spending…
Gold Price Preview: April 13 - April 17
Good morning, traders. Welcome to our regular preview of the market week ahead, with a particular focus on the economic data and market narratives that could have the biggest…
Gold Price Recap: April 6 - April 10
Happy Friday, traders. Welcome to our weekly market wrap, this time covering what has been a holiday-shortened trading week for most markets. As always, we’ll focus on the…
US Consumer Prices Fell in March, Gold Prices Drop
Consumer prices in the US fell 0.4% last month, according to the latest consumer price index reading from the Labor Department. The figure was slightly lower than the expected…
Consumer Sentiment Plummeted in Historic Drop in April, Gold Prices Rise
The University of Michigan’s consumer sentiment index saw the largest monthly drop ever according to the latest report, tanking 20.3% to just 71. The current conditions index…
Producer Prices Fell Less Than Expected in March, Gold Rises Rise
Producer Prices fell 0.2% month over month in March and rose just 0.7% annually. Core-PPI, which excludes the volatile components of food, energy, and trade services, fell 0.2…
6.6 Million More Americans Filed For Unemployment Last Week, Gold Prices Rise
Initial jobless claims for the week ended April 04 came in at 6,606,000, down 260,000 from the week before. Over 16.5 million Americans filed for unemployment benefits in the…
Gold Prices Little Moved by FOMC Minutes as Details Confirm the Fed Is Concerned, but Committed to Recovery
The minutes of the FOMC’s March 15 emergency meeting were released as scheduled this…
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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.
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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.
