Latest Financial News Impacting Gold Prices
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Gold Prices Under Mild Pressure With Initial Jobless Claims Lower Than Expected
Gold prices have taken a slight dip this morning in the face of stronger-than-expected jobless claims data. The number of Americans who applied for unemployment benefits last…
CPI Shows Consumer Prices Unchanged in November
US consumer prices saw no change in November overall, largely moderated by the steep decline in the price of gasoline. Inflation pressure is holding firm with the cost of…
German ZEW Shows Sentiment on Current Economic Conditions Has “Worsened Dramatically”
The German ZEW showed mixed to negative data today with sentiment on economic outlook rising from -17.5 to -24.1, slightly above market expectations of -25. However, the…
Producer Prices Rise Slightly in November, Offset by Falling Energy Prices
Producer prices in the US rose in November with service cost increases offsetting a drop in the price of energy products and a cooling trend in wholesale inflation…
Latest Brexit Vote Cancelled
U.K. Prime Minister Theresa May has cancelled a key vote on Brexit plans as the legislation was headed for almost certain defeat. Parliament had been scheduled to vote on…
The Market Week Ahead: December 10 – December 14
Happy Monday, traders. And welcome back.
As we get into the week ahead, gold is trading in a strong position above $1245/oz, having run into some resistance overseas at…
The Market Week Recap: December 3 – December 7
Happy Friday, traders.
What kind of week has it been?
A week of highs for gold price, certainly. (…
Gold Price Rises Following Jobs Report
Nonfarm payroll rose by 155,000 in November after a downwardly revised 237,000 the month before. Market expectations were significantly higher at around 200,000. Jobs gains…
U.S. Mint Bullion Sales Figures for the Month of November
A key metric of current supply/demand dynamics can be found regularly by examining recent sales data. Of note is recent sales data from one of the largest suppliers of bullion…
Initial Jobless Claims Drop Less Than Forecast
While the number of Americans applying for jobless benefits dropped last week, the drop was lower than anticipated. The four-week high in the moving average rose to its highest…
U.S. Factory Orders See Largest Drop in More Than a Year
U.S. factory orders have seen the largest drop in over a year with a 2.1% decrease in October, the biggest drop since July.
Key Takeaways
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Healthy Growth in November Service Sector
The ISM Non-Manufacturing Index was released today surpassed projected readings with a figure of 60.7 for November, higher than the 59.7 forecast by analysts. The reading from…
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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.
Justin Juozapavicius
Justin Juozapavicius brings over two decades of award-winning experience in journalism and communications to his role as a precious metals news analyst at GoldPrice.org. His extensive portfolio includes work for prominent organizations such as The Associated Press, Raytheon, and Pioneer Natural Resources. A Chicago native, Justin holds a bachelor’s degree in journalism from Oklahoma State University and currently resides in Dallas.
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.
