Pending home sales in the US have jumped exponentially for the month of September. Moving up from a modest 0.6% to a whopping 7.4% – economists have cited ‘lower current and future rates are pulling buyers in’. Pending home sales…
Spot pricing for Gold $AU4232 Spot pricing for Silver $AU52.66 Spot pricing for Platinum $AU1615 Bullion pricing continues to rise, again reaching new Gold all time high’s – and the SP500 has also climbed amongst better than expected earnings from…
With both share markets and bullion markets in focus, you’d be right to take a brief moment thinking ‘surely this can’t go on forever?’ Both the US500 and Gold are now continually hitting all time high territory on a weekly…
Spot pricing for Gold $AU4114 Spot pricing for Silver $AU52.19 Spot pricing for Platinum $AU1557 US stocks just posted back to back losses for the first time since early September. In a sign that markets are ‘getting the jitters’, Economists…
At time of writing, gold is now $AU4025 and showing no signs of slowing down its upwards movement. Silver is also starting to move, edging closer to $AU50 – currently at $AU47.47 So what caused bullion to step up yet…
Gold Spot Price $AU3978 Silver Spot Price$AU47.11 Platinum Spot Price $AU1486 The Empire State Business Index, the gauge measuring manufacturing activity in the state of New York fell 23.4 points for monthly reporting. The fall was surprising, considering economists expected a…
CPI results are in and surprise surprise… CPI increased yet again. Did the FED cut rates a little too soon? While still within the healthy inflation range, the FED has promised, to see an immediate uptick in CPI is a…
Spot pricing for Gold $AU3890 Spot pricing for Silver $AU45.57 Spot pricing for Platinum $AU1432 Consumer credit has pulled back significantly on previous months in a sign that the economy is either recovering spectacularly, or more likely consumers have hit…
US port workers have begun negotiations and agreed to continue working while resolving pay disputes. Unions have stated strikes will be stalled until Jan 15, 2025, to allow a decent period to discuss worker based issues. US ports and international…
Spot pricing for Gold $AU3871 Spot pricing for Silver $AU45.73 Spot pricing for Platinum $AU1456 Iran’s missile strike on Tuesday contributed to a decent selloff for US stocks sending oil prices skywards.With uncanny timing, Dockworkers in the US staged a…
US consumer confidence has plunged ahead of elections. Americans seem to have really woken up and realised the huge cost of living increases in this recent period. The current US consumer confidence gauge is measuring 98, well below the pre-pandemic…
Spot pricing for Gold $AU3852 Spot pricing for Silver $AU46.64 Spot pricing for Platinum $AU1446 Israel amplified conflict in Lebanon this week, killing 569 people and wounding 1835. Hezbollah commander Ibrahim Qubaisi has been reported killed during one of these…
The FED released their rate decision and it has left investors on edge. And amongst a raft of better than normal results for housing starts, industrial production and manufacturing, the 50 basis point cut was a little surprising. However for many,…
Spot pricing for Gold $AU3806 Spot pricing for Silver $AU45.53 Spot pricing for Platinum $AU1467 It’s a scenario we could well be facing from the FED in its next announcement. Any while a 0.5% reduction in the cash rate may…
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