February 29, 2024

Gold, silver slightly down as next U.S. inflation data point awaited

Gold, silver slightly down as next U.S. inflation data point awaited: Gold, silver slightly down as next U.S. inflation data point awaited Gold and silver prices are modestly down near midday Wednesday. A firmer U.S. dollar index today is a negative “outside market”...

October 13, 2023

Gold, silver a bit weaker following warm U.S. inflation report

Gold, silver a bit weaker following warm U.S. inflation report: Gold, silver a bit weaker following warm U.S. inflation report Gold and silver prices are slightly down in midday U.S. trading Thursday, following a U.S. consumer inflation reading that was just a bit...

July 7, 2023

Stronger U.S. jobs data pressure gold, silver

Stronger U.S. jobs data pressure gold, silver: Stronger U.S. jobs data pressure gold, silver Gold and silver prices are lower in midday U.S. trading Thursday, following a much stronger-than-expected U.S. ADP employment report this morning that sho...

March 27, 2023

Goldman Sachs sees gold rallying over $2,000 in 12 months as banking crisis spurs safe-haven demand

Goldman Sachs sees gold rallying over $2,000 in 12 months as banking crisis spurs safe-haven demand:    Goldman Sachs sees gold rallying over $2,000 in 12 months as banking crisis spurs safe-haven demand The biggest banking crisis since 2008 has created a surge in safe-haven demand for gold and Gol...

December 18, 2022

Hawkish central banks will test gold bulls' resolve into year-end

Hawkish central banks will test gold bulls' resolve into year-end: Hawkish central banks will test gold bulls' resolve into year-end he gold market is holding its ground at around $1,800 an ounce despite growing hawkish rhetoric from central banks around the world; t...

August 20, 2022

Wall Street turns bearish on gold price, warns of volatility ahead of Jackson Hole

Wall Street turns bearish on gold price, warns of volatility ahead of Jackson Hole: Wall Street turns bearish on gold price, warns of volatility ahead of Jackson Hole As gold ends the week down 3%, Wall Street is turning negative on gold for next week, blaming a strong U.S. dollar an...

May 10, 2022

Cash is the king as financial market melt-down continues taking gold lower

Cash is the king as financial market melt-down continues taking gold lower: Cash is the king as financial market melt-down continues taking gold lower The selling pressure continued as U.S. equities continued in their dramatic decline. On March 28, the S&P 500 hit an intra-we...