Gold News

The US dollar took the opportunity of the Fed rate hike last week to advance further from the developing breakout we were observing over the past month. The dollar surged over 1% after the hike, eclipsing the 102 level on the Dollar Index and finally closing near 103 by
Retail sales rose 0.1 percent, while the CPI jumped 0.2 percent in November. What does it mean for the gold market? Retail Sales And Gold We understandably focused on the FOMC meeting last week. However, many important economic reports were released over the f
It's easy to turn bearish when gold prices drop consecutively for 6-weeks without an intervening rally. Sentiment for precious metals and miners has cratered, but prices continue to grind lower. The charts are oversold, and Investors are growing concerned, understan
Anyone watching this space yesterday knows how important the Federal Reserve’s announcement of an interest rate hike has been to the economy as a whole. Although the stock market has shown some resilience—first heading down, but rebounding early on Thursday morning…
The Fed is widely expected to hike the interest rate this week. What does it imply for the gold market? Hike Is Coming The US central bank has a monetary policy meeting scheduled this week. According to futures markets, it is almost certain that the Fed will h
Every time the Federal Reserve meets, it’s big news…one way or the other. In some cases, the Fed will meet and keep things the way they are. But anticipation of an interest rate hike is rampant for this month’s meeting, which means that gold investors will want to p
Although recent gains in the stock market, it seems every day we see a new record set for the Dow Jones Index closing. Consequently, I have suggested that gold investing is largely forgotten for the end of 2016, but there may be some signs of optimism for the yellow
The next Federal Reserve policy meeting is not until December 14. Nonetheless, the US 3-Month Treasury Bill market is already pricing in a hike to the key interbank lending rate. Why is this important for precious metals investors? Because it was the first Fed Ra
The US economy added 178,000 jobs in November. What does it imply for the gold market? Job Gains Without Surprises Total nonfarm payroll employment rose by 178,000, according to the U.S. Bureau of Labor Statistics. Analysts expected 170,000 jobs created. Thus,
Less than one more month remains in 2016, which means we shouldn’t expect any turbulence in the markets, right? Of course, anyone who follows the markets knows that rarely are events so predictable. In fact, there are a few key moments to watch before 2017 rolls in

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