Latest Financial News Impacting Gold Prices
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Federal Reserve Chairman Describes Interest Rates as Near Neutral, Stocks Rise
Federal Reserve Chairman Jerome Powell made a statement today saying that the benchmark interest rate laid out by the central bank is near a neutral level, perhaps indicating…
New Home Sales Drop 8.9% in October
New home sales in the US plummeted almost 9% last month according to today’s report released jointly by the Census Bureau and Department of Housing and Urban Development, with…
Home Prices Lowest Since January 2017
The Case-Shiller S&P Index report released today shows that home prices have sunk to their lowest since January 2017, with rising interest rates impacting housing demand.…
Gold Slips as Dollar Strengthens
Gold has given up its earlier gains and is now trading moderately lower in mid-am action. Prices are currently down $10 per ounce at $1211.60. The dollar has moved up to the…
Gold Slightly Higher on Outside Market Action
Gold prices are inching slightly higher to kick off the new trading as crude oil and stocks attempt to rebound while the dollar loses steam. This week will likely see a return…
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.…
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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.
Follow Conor at @iWriteCrypto on Twitter.
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.
