Egypt Pointing To More Trouble For The Dollar?
Egypt does not appear to like the idea that its currency should be pegged to the U.S. Dollar. The new central bank
read moreGold Getting A Boost
The gold market is higher at midday Thursday as treasury yields and the dollar have pulled back. Higher yields and a stronger
read moreGold Taking A Beating Today
The gold market is being hit hard today as rising bond yields and a stringer dollar take their toll on the metal.
read moreInflation Still Running Hot
Inflation has been the topic of much financial discussion in recent months. The high pace of inflation, clocked at 40-year highs, has
read moreGold Under Pressure as Dollar and Yields Take Off
The gold market is lower on Friday as a soaring dollar and rising bond yields take a toll on sentiment. Down nearly
read moreFed Has Again Met And Spoken
The Fed has concluded its latest policy meeting today. The end of the meeting saw the central bank raise rates by another
read moreBears In Control As Fed Meeting Looms
Risk aversion in the marketplace remains elevated this week as markets prepare for another aggressive rate hike from the Fed on Wednesday.
read moreGold Sees A Bounce
The gold market saw a bounce on Friday to finish out the trading week. The market is now sitting right on long-term
read moreGold On Sale Hitting 2.5-Year Low
The gold market is on sale now, as prices nearly hit a 2.5-year low Thursday. The yellow metal is being hit by
read moreBears On Track
Following some recent inflation data, markets appear to be concerned the Fed will not only hike rates aggressively again this month, but
read moreGold Under Pressure Following Hot Inflation Data
The biggest economic data point of the week has now come and gone. The latest reading on the Consumer Price Index was
read moreUSDX Slump Fuels Gold Surge
The gold market was higher on Monday as a slumping dollar took its toll. The currency posted a two-week low today, not
read moreGold Finishes Week Strong
The gold market finished the trading week on the strong side of the ledger, moving higher by about $7.50 per ounce. The
read moreDeclining Dollar, Yields Giving Gold Some Upside
The gold market is higher Wednesday as losses in the dollar and falling yields boost demand. Despite the declines in the dollar
read moreGold Rallying On Jobs Data
The gold market is higher today as the non-farm payrolls data was a bit better-than-expected. According to the report, the U.S. added
read moreGold Sunk By Stronger Dollar and Rising Yields
The gold market is lower today as a stronger dollar and higher yields take a toll on the market. A lower crude
read moreGold Under Pressure Even As Jobs Data Misses
The gold market is under some light selling pressure in early action Wednesday. The yellow metal has remained lower despite the ADP
read moreBulls Losing Ground
The gold market is lower on Tuesday as the bulls continue to lose ground. Growing risk appetite, lower crude oil, and deteriorating
read morePowell More Hawkish Than Thought
The Fed Symposium has now come and gone, along with Chairman Jerome Powell’s highly anticipated speech this morning. The Fed Chief did
read moreGold and Markets Awaiting The Fed
The gold market is slightly higher in very quiet trade Thursday morning. Markets may simply be taking a wait-and-see approach to tomorrow’s
read moreBulls Trying To Retake $1750
The gold market is higher in early action Tuesday after starting the day off on a weaker note. Spot prices are up
read moreDollar Still Punishing The Metals
The gold market is lower this morning after hitting a three-week low in recent action. The dollar is pushing higher once again,
read moreGold Lower As Bulls Fade
The gold market is lower in late morning trade Friday as a stronger dollar takes a toll. The yellow metal is now
read moreGold Slightly Higher On Corrective Rebound
The gold market is just slightly higher in early action Thursday as the metal sees a corrective rebound and some short covering.
read moreDemand Worries Cause Gold To Slip
The gold market is off on Wednesday morning as concerns over demand take a toll. The weaker-than-expected data out of China this
read moreOutside Markets Taking A Toll Today
Days after hitting the $1800 level, the gold bulls are still struggling to maintain some upside momentum. Spot gold is down today
read moreGold Dips with China Slowdown
The gold market is off to a tough start as the trading week gets underway. The yellow metal is being sold off
read moreBulls Holding Tight
The gold market is higher in Friday afternoon action as the bulls continue their push towards the $1800 level. The market is
read moreTame Inflation Reading Sends Gold Lower
The gold market is higher, albeit not by much, as the markets figure out which way they wanna run in the aftermath
read moreDon’t Get Too Excited Yet
The gold market has had a ride this morning as the latest data for the Consumer Price Index was released. According to
read moreMarkets Quiet As Inflation Data Awaited
The gold market is a bit quiet Tuesday as investors await some key inflation data due out this week. On Wednesday, markets
read moreBulls Start The Week Off On Right Foot
The gold market is off to a strong start as the new trading week gets underway. Spot gold is higher by over
read moreA Strong Week With A Weak Finish
The gold market is ending the trading week on a sour note Friday as prices have declined substantially. Spot gold is down
read moreBulls Gearing Up For A Big Test
The gld market is sharply higher Thursday as risk aversion and chart based buying are featured. The four-week high hit by gold
read moreImproving Risk Appetite Weighing On Gold Today
The gold market is taking a breather today as the bulls may have exhausted their near-term energy in recent days. Spot prices
read moreSafe Haven Demand Fueling Gains
The gold market is higher again today as bullish momentum continues to build. Prices hit a nearly four-week high today as increased
read moreBulls Pushing Now
The laser several days have been interesting for the gold market. It started on Wednesday of last week as the Federal Reserve
read moreBulls Get Some Breathing Room
The gold bulls are building on the rally of the last few days as the trading week comes to a close. Since
read moreGold Accelerating Higher
The gold market is higher again today, having pushed slightly above the $1750 level. Gloomy economic data is the primary factor in
read moreGold Higher As Fed Hikes 75 Points
The Fed raised interest rates on Wednesday for the fourth time in 2022. The Fed lifted rates by .75% while also admitting
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