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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…
Consumer Sentiment Higher Than Expected
Consumer spending defied expectations according to the University of Michigan’s final December sentiment index reading which rose to 98.3, with anything above 50 considered…
Personal Income and Spending Outpaces Income Growth
Personal Income and Spending grew for November with a 0.4% increase in purchases compared to a forecast 0.3%, and a 0.1% increase in the PCE Index, a key index used by the…
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…
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