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The Market Week Ahead: November 26 – November 30
Happy Monday, traders.
I’m sure we’re all excited and/or struggling to be back at our monitors after a long weekend of relaxing and/or hiding from family.
As we…

The Market Week Recap: November 19 – November 23
Happy Friday, traders. (*hiccup*)
What kind of (*turkey burp*) week has it been?
Thankfully it’s been a mild week of gold trading, and I hope you all have been…

US Services PMI Shows Slowdown, Continued Growth
The Flash US Composite PMI data from IHS Markit has shown a moderate slowdown in growth in the services industry which is nevertheless described as healthy with a reading of 54…

US Markit Manufacturing PMI Hits 3-Month Low
The seasonally adjusted IHS Markit Flash U.S. Manufacturing Purchasing Managers’ Index has come in lower than expected with a reading of 55.4 compared to the predicted level of…

Existing Home Sales Rise 1.4% in October, Down 5.1% Annually
Existing home sales saw a 1.4% boost last month compared to the decline seen the six months prior. National Association of Realtors data shows that 5.22 million units were sold…

EIA Crude Oil Inventories up 4.9 Million Barrels
EIA Crude oil inventories saw another jump this week as supply continues to push prices down. The…

Gold Prices Reach Session Highs as Durable Goods Orders Hit 15-Month Low
Orders to US factories for manufactured goods designed to last three years or more underwent the biggest slump in 15 months, dropping $11.7 billion in value to a total of $248.…

Bank of England Backs Theresa May's Brexit Deal Draft
Bank of England Governor Michael Carney backed Theresa May’s drafted Brexit deal this morning when addressing the UK Parliament, stating that the deal would support economic…

Housing Starts Increased 1.5% in October, Dropped 2.6% Annually
The rate of new homes being constructed increased in October as builders broke ground on residential properties, but annually housing starts are in decline. The housing market…

Gold Catching a Bid as Stocks Under Siege
The gold market is moving slightly higher in early action today as stocks once again come under significant duress. As of this writing, the Dow Jones Industrial Average is down…

The Market Week Ahead: November 19 – November 23
Happy Monday, traders.
After some excitement over the last 5-6 trading days, things are slowing down this week with Thanksgiving on Thursday; it’s nearly an America-only…

The Market Week Recap: November 12 – November 16
Happy Friday, traders.
So, what kind of week has it been?
You know what? I’m going to say it’s been a pretty positive week for gold. I admit that comparing gold’s…
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