Latest Financial News Impacting Gold Prices
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Initial Jobless Claims Hit Three-Month Low, Gold Prices Face Selling Pressure
The number of Americans applying for unemployment benefits last week hit the lowest level in three months, indicating ongoing strength in the US labor market which boasts the…
Durable Goods Orders See First Gain in Three Months, Gold Prices Tick Downward
Orders for long-lasting durable goods such as vehicles and computers saw the first gain in June in three months, accompanied by an uptick in business investment. However,…
Further Weakness in Housing Sector as US New Home Sales Miss The Mark
US home sales have disappointed again this week, with sub-…
US Home Sales Below Expectations in June, Home Prices Hit All-Time High
US home sales dropped more than expected in June with a -1.72% decline vs. just -0.2% expected. Despite lower mortgage rates, the housing market continues to struggle under…
Big Miss as Richmond Fed Manufacturing Index Hits 6-Year Low
The Richmond Fed manufacturing index for July came in far below expectations with a reading of -12 vs. 5 expected, stunting hopes of a surge in the sector. The index is now at…
Gold Price Preview: July 22 - 26
Good morning traders, and welcome back to another week in the metals and currency markets.
This morning gold prices are trading sideways and consolidating after an…
Gold Price Recap: July 15 - 19
Happy Friday traders! Welcome to your recap of the week in the gold markets.
At the time of writing, gold prices have seen a $20 sell-off from the highs but still remain…
Consumer Sentiment Shows Americans Still Have a Positive Outlook
US consumer sentiment improved by a thin margin with the index increasing from 98.2 in June to 98.4 in July. This increase was in line with forecast and marks 5 months of the…
Philadelphia Fed Index Far Exceeds Expectations, Gold Price Ticks Upward
The Philadelphia Fed manufacturing index came in at 21.8 in July compared to just 5 expected, greatly exceeding expectations following a weak result in June which saw the index…
Gold Prices Under Pressure Despite Weak Housing Market Data
The rate of US home construction declined in June with apartment building leading the drop, offsetting a small increase in the rate of construction on new single-family homes.…
US Retail Sales Double Expectations for June, Gold Prices Face Pressure
US retail sales blew past projections of 0.2% gains in June, coming in at 0.4% gain following a downwardly revised 0.4% gain the month prior. Sales excluding volatile…
Gold Price Preview: July 15 - 19
Good morning traders, and welcome back to another week in the metals markets!
This week’s calendar is somewhat calmer in appearance than our last few weeks. Given…
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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.
