Wednesday, November 29, 2023

Gold, silver posting modest gains amid bullish technicals

Gold, silver posting modest gains amid bullish technicals: Gold, silver posting modest gains amid bullish technicals Gold and silver prices are firmer near midday Wednesday. February gold futures hit a six-month high overnight, while March silver notched a th...

Friday, August 25, 2023

Powell leans hawkish, as expected; markets show no significant reactions

Powell leans hawkish, as expected; markets show no significant reactions: Powell leans hawkish, as expected; markets show no significant reactions The highly anticipated speech by Federal Reserve Chairman Jerome Powel at the annual Jackson Hole, Wyoming Fed symposium has so...

Saturday, May 13, 2023

Gold price troubled by U.S. dollar's moves as Fed's rate expectations diverge

Gold price troubled by U.S. dollar's moves as Fed's rate expectations diverge: Gold price troubled by U.S. dollar's moves as Fed's rate expectations diverge After hitting a high of $2,055 an ounce this week, a move higher in the U.S. dollar weighed on the gold market, forcing th...

Sunday, February 5, 2023

Gold's massive $50 daily drop is just a 'speed bump' in the 2023 outlook but be aware of more profit-taking next week - analysts

Gold's massive $50 daily drop is just a 'speed bump' in the 2023 outlook but be aware of more profit-taking next week - analysts: Gold's massive $50 daily drop is just a 'speed bump' in the 2023 outlook but be aware of more profit-taking next week - analysts The gold market saw significant losses Friday as the precious metal dro...