Latest Financial News Impacting Gold Prices
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Chinese Yuan Hits 10 Year Low Against Dollar
The Chinese Yuan has declined against the dollar each day this week, and continues to hover around a 10 year low against the greenback.
The Chinese currency has declined…
Pending Home Sales Boosted by 0.5%
The National Association of Realtors has released a report on pending home sales data which shows that contracts for the purchase of new homes are at a three month high,…
New Jobless Claims up, Existing Claims Lowest in 45 Years
Gold prices were largely unaffected by the recent report from the U.S. Labor Department which revealed an increase in new employment benefits claims and a decrease in…
ECB Confirms Stimulus Exit
The European Central Bank took no action on rates today in a move (or lack thereof) that was not unexpected. Of note, however, was the central bank’s confirmation that it does…
Gold Prices Hold Steady After Manufacturing and Services PMI Increase
Gold prices face mild selling pressure after Tuesday’s three month high in the wake of today’s…
New Home Sales Drop 5.5% to Hit Two Year Low
The housing sector revealed further decline today following the recent report on…
Richmond Fed Manufacturing Index Lowest Since April
Though in relative decline, the Richmond Fed Manufacturing Index still saw moderate expansion in October. The index is a composite representing a weighted average of the…
U.S. Stocks Tumble, Push Gold to Three Month High
Gold prices are up sharply in early action on Tuesday as U.S. equity markets plunged. Gold is now trading at a three month high as risk aversion takes center stage.
…
Chinese Stocks Come Roaring Back
Chinese stocks have been the subject of much concern and speculation in recent weeks. Worries over a potential slowdown in China and a corresponding drop in Chinese equities…
Gold Prices Stable Despite 3 Year Low in Home Sales
Gold prices remain stable following home sales data released Friday…
Philadelphia Fed Manufacturing Beats October Expectations
The latest reading of the Philly Fed Manufacturing Index showed steady, high level growth for the month of October. Although the gauge saw a slight decline from a September…
Housing Data Weaker Than Expected
U.S. homebuilding saw a decline greater than expected in September as construction activity in the South declined by the most in several years. The large decline could be due,…
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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.
