Market Updates · page 13
- Pressure Remains Following Hawkish FOMC Minutes
January 6, 2022 · Robert Levy
The gold market is under significant selling pressure again today as investors react to Wednesday’s release of the latest FOMC meeting minutes. The…
- Physical Demand Remains Strong
January 5, 2022 · Robert Levy
The U.S. Mint recently announced that demand for physical gold hit its highest level since 2009. The mint said sales of its iconic American Gold Eagle…
- Gold Bouncing Back
January 4, 2022 · Robert Levy
The gold market is seeing some buying Tuesday as the metal bounces back from the significant sell-off seen on Monday. After a poor start to the trading…
- Gold Holding Ground Near $1800
December 22, 2021 · Robert Levy
The gold market has certainly seen some ups and downs in recent months. Worries over inflation, dollar weakness and uncertainty over central bank policies…
- Omicron and Uncertainty
December 20, 2021 · Robert Levy
The gold market is slightly lower in mid-day trade. Despite declines being seen in the Dow Jones Industrial Average of over 600 points, the yellow…
- U.S. Economy To Remain Strong
December 16, 2021 · Robert Levy
The markets and investors are still digesting Wednesday’s FOMC meeting announcement. The Fed now has plans to taper quicker, and its monthly security…
- The Waiting Game Begins
December 15, 2021 · Robert Levy
The gold market is slightly lower in mid-morning action today as investors await the FOMC meeting decision and press conference this afternoon. This could…
- 2022 Could Be Breakout Year For Gold
December 13, 2021 · Robert Levy
Most gold investors will be happy to leave 2021 behind. The year, despite seeing some blips of upside, was marked primarily by gold lacking any…
- Gold Higher After Hot Inflation Data
December 10, 2021 · Robert Levy
The gold market is seeing some moderate gains in early afternoon trade Friday. This morning, markets got the latest release of CPI, which showed a rise of…
- Bulls And Bears On Level Playing Field
December 2, 2021 · Robert Levy
The gold market is seeing some sharp declines again today as the bears garner additional momentum. Today’s declines have now negated the previous uptrend…
- A Faster Fed Is Spooking Markets
November 30, 2021 · Robert Levy
The Federal Reserve and its monetary policy have been the topic of much debate in recent months. The central bank finally announced its plans to taper its…
- Off to a Slow Start
November 29, 2021 · Robert Levy
The gold bulls are off to a slow start this week as trading resumes following the Thanksgiving-shortened last week. Gold is lower in mid-morning action…
- Bulls Need To Step Up Soon
November 23, 2021 · Robert Levy
The gold market is seeing solid selling pressure on Tuesday following the significant decline seen in Monday’s session. If the bulls are unable to step up…
- Gold In Holding Pattern
November 18, 2021 · Robert Levy
The gold market is modestly lower in late morning trade Thursday. Some downside is to be expected, however, following recent upside gains that have driven…
- Bulls In Control
November 17, 2021 · Robert Levy
The bulls have demonstrated their current control over the yellow metal, purchasing Tuesday’s dip to send prices sharply higher in early action Wednesday.
- Gold Powers To 2-Month High
November 8, 2021 · Robert Levy
Now that the Fed has again spoken and laid out its plans for tapering of monthly security purchases, there is little left for investors to be uncertain…
- Modest Moves
November 1, 2021 · Robert Levy
The gold market is moving modestly higher in mid-morning trade Monday as the new trading week gets going. Spot prices are up almost $7 per ounce putting…
- Rising Yields and a Stronger Dollar
October 11, 2021 · Robert Levy
The gold market is slightly higher in mid-morning trade Monday after moving lower earlier in the session. Spot prices are up some $1.40 per ounce as the…
- Gold Higher As Jobs Growth Sinks
October 8, 2021 · Robert Levy
The gold market is moving higher in early action Friday as markets digest the latest jobs data. The September non-farm payrolls report released earlier…
- Kicking The Can Down The Road (As Usual)
October 7, 2021 · Robert Levy
Congress has reportedly reached a deal to avoid a debt crisis as the U.S. approaches the point it runs out of cash. Democrat Chuck Schumer announced today…