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.
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. The significant price swings appear to be a “new normal” and increasing volatility may be here to stay.
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 prices appear poised to see further gains in the weeks and months ahead.
Gold Price to Continue Rise as Nasdaq Enters Bear Market
The stock market had another tough day on Thursday, with equities getting hammered once again in the aftermath of the Fed’s decision to raise the Fed Funds Rate on Wednesday by 25 basis points.
Gold Price Sharply Higher as Philly Fed Declines and Dollar Stumbles
The latest reading on Philly Fed manufacturing declined to the lowest level in over two years. The weakness in the gauge is yet another possible indication of a slowing economy. The disappointing data appears to be part of a larger trend as some key data points have seen significant declines in recent weeks.
Gold Prices Higher as Empire State Manufacturing Tumbles to 19-Month Low
The latest reading on Empire State manufacturing took a decided turn lower today as the gauge sank to a 19-month low. This key data point is yet another potential symptom of a slowing economy.
Gold Prices Lower as Chinese Data Disappoints
The gold market is under some pressure in early action Friday following more weakness in Chinese economic data overnight. Hong Kong stocks declined by over 2% as growing concerns over a slowdown hit equities hard.
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