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Price of Gold Holds Gains Despite Significant Increase in Private Sector Jobs
The US has added the most private sector jobs in nearly two years, significantly outpacing projection from economists with 271,000 jobs added in December.
Key Takeaways...
Gold Price Spikes With Initial Jobless Claims Higher Than Expected
Initial jobless claims for the week ending December 29 were higher than expected with 10,000 new claims added that week. Economists still view the labor market as performing...
Gold Prices Hit 6-Month High as Chinese Manufacturing Data Points to Slowdown
The gold market is moving higher on the first day of trade in the New Year as stocks get pounded once again. The gold market is looking increasingly bullish from both a...
Gold Price Preview: December 31 - January 4
Good morning traders, happy Monday. And Happy New Year! 2019 is finally here. I think 2019 is going to be an exciting and—hopefully—profitable year for precious metals traders...
Gold Price Recap: December 24 - December 28
Happy Friday traders, I hope you all had a nice Tuesday, whether it was Christmas or just a random day-off in the middle of your week.
This week’s recap will be a little...
German Inflation Dips to 1.7% in December
German inflation slowed sharply this month according to new data from the Federal Statistics Office.
Inflation has now dipped below the European Central Bank’s (ECB)...
Initial Jobless Claims Data Shows Strong Labor Market
After edging higher in recent months, initial jobless claims appear to be stabilizing with fewer Americans applying for unemployment benefits amid a tightening labor market....
Gold Price at Multi-Month High as Stock Sell-off Intensifies
The gold market is once again moving higher as risk aversion is on the rise. Stocks are seemingly running into a brick wall today after seeing record strong gains yesterday....
Gold Prices Rise to 6-Month High as Investors Seek Safe Haven
The gold market is on the offensive once again, with prices rising to a fresh 6-month high. Recent market turbulence is likely a major catalyst for gold’s recent upside, and...
Gold Price Climbs, Home Prices Slow Amid Rising Mortgage Rates
In October, home prices slowed down in 20 US cities, making it the seventh consecutive month to register a dip in the price of housing. This is the longest consecutive decline...
Gold Price Preview: December 24 - December 28
Happy Christmas Eve, traders.
Gold spot-price is putting in new peaks this morning as we start off a weirdly-scheduled holiday week with a Monday half-session....
Gold Price Recap: December 17 - December 21
Happy Friday, traders. It’s Christmas time!
But first, what kind of week has it been?
Gold prices have been where all the non-garment-rending action has been this...
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