
Gold Sheared, Silver Smeared
Gold was sheared this past week by -1.2% and is now -3.9% year-to-date. Silver was smeared this past week by -2.6% and is now -6.4% year-to-date. To be sure — given all that we and you from here to Kalamazoo…
Gold was sheared this past week by -1.2% and is now -3.9% year-to-date. Silver was smeared this past week by -2.6% and is now -6.4% year-to-date. To be sure — given all that we and you from here to Kalamazoo…
The precious metal prices cooled off at the last trading session of the past week after a three-day run-up ending with their best week of gains in four. Traders and global investors increased their hedging bets against the weakening U.S.…
The election of Joe Biden as President with the first female, Black, and Asian American Vice President in Kamala Harris won’t directly impact commodity markets this week except to switch attention away from Donald Trump and towards hopes for more…
Gold markets have initially tried to rally during the day on Tuesday but gave back the gains as we continue to hover around the $1900 level. Gold Markets initially rallied during the trading session on Tuesday but gave back the…
This level of volatility in silver is nothing new for the market, and social media or not, it is here to stay, said Capital Economics in a report. “Many media reports have linked silver’s recent price volatility to last week’s…
Silver has pulled back a bit on Thursday only to find buyers jumping back into the space. That being said, this is a very volatile market and will remain so. Silver markets have initially pulled back a bit during the trading…
The month ahead is likely to have several global economic and political influences on the price of gold. Prices dropped by about 1.5% in May, with gold finishing the month at A$1,719 an ounce. Gold price movements often go in…
History suggests that if tensions between the United States and Syria continue to rise, the price of gold will increase. We’ve already seen some early signs of that happening, with the price of gold increasing on the back of the…
Gold markets have rallied slightly during the trading session on Thursday (12th Thursday,2020), showing signs of life again just above the US$1850 level. That being said, the market has been interested in this area more than once. If we do…
Silver has pulled back a bit on Thursday only to find buyers jumping back into the space. That being said, this is a very volatile market and will remain so. Silver markets have initially pulled back a bit during the…
“Consumer prices may be showing muted inflation pressures as the world continues to feel the effects of the COVID-19 pandemic but a major inflation threat is looming on the horizon according to one chief economist”. Thorsten Polleit, chief economist at Degussa…
Gold futures settled with a loss of more than 2% on Wednesday as a jump in U.S. bond yields undercut the competitive advantage of owning risk-free Treasuries over bullion. “Rising long-term Treasury yields are a negative headwind for gold,” said…