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.

Split Outcome in the US Midterm Elections Could Benefit Gold
The much-awaited US midterm elections have resulted in the Democrats barely gaining control of the House of Representatives, while the Republicans maintain control in the Senate and even increase their lead.
The financial markets have cheered the results immediately, but the longer term economic impact of a divided Congress remains to be seen.

Gold Price Hovers Around $1,650 as Home Prices Gain 3.8% in December
Home prices rose 3.8% in the 12 months through December, according to the S&P CoreLogic Case-Shiller National Home Price Index. The gains in December followed a 3.5% increase in the 12 months through December as home prices heated up toward the end of 2019.

Gold Price Holds Gains as Jobless Claims Hit 9-Month Low
The number of Americans filing for unemployment benefits hit the lowest point in nine months last week, pointing to ongoing strength in the labor market. Claims for the week ended February 01 dropped to 202,000 vs. 215,000 expected.

Gold Price Eyes $1,650 as Existing Home Sales Fall in January
The latest report from the National Association of Realtors (NAR) indicated a 1.3% drop in existing home sales for the month of January, with sales falling to a seasonally adjusted annual rate of 5.46 million units. While sales dropped, they were higher than expected, with a 1.8% to 5.43 million units drop initially forecast.

Gold Firms up Solidly Above $1,200 Due to Safe-Haven Demand
Renewed worries about the world economy have led to gold to trade above $1,200, with analysts getting bullish about the rising demand for this safe haven yellow metal.

Five Important Takeaways From the Federal Reserve Meeting
The much-anticipated Federal Open Market Committee (FOMC) meeting is over and reactions are pouring in from analysts and industry stakeholders.
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