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Last week, we discussed the surge in retail exuberance in the market following the election of President Trump. “The market defies more negative news because retail investors continue to step in and...
A week that saw a lot of choppy price action as markets awaited the US jobs report on Friday. A stellar jobs print of 227k and a slight uptick in the unemployment rate to 4.2% appear to have sealed a...
With the re-election of President Donald Trump, the worries about tariffs and pro-business policies sparked concerns of “Trumpflation.” Inflation has been a top concern for policymakers, businesses,...
I found this on X as for some reason someone just ‘liked’ it yesterday and it showed up in my notifications. So it’s an opportunity to highlight a 3+ year old call that will be right if gold tacks on...
Recently, a few media outlets have warned of the imminent demise of the petrodollar agreement, commonly called the petrodollar. With such narratives comes investor anxiety. Consider the following...
By Mike Gleason, Money Metals ExchangeAs trading kicks off in 2024, precious metals bulls have high hopes for price breakouts. So far in the early goings of the New Year, though, gold and silver...
After examining the movement of gold futures on the daily chart, a notable prevalence of significant bearish activity becomes apparent. This trend is triggered by a sharp decline in gold futures...
By Mike Maharrey, Money Metals ExchangeCentral banks globally continued to gobble up gold in November, adding another net 44 tons to their reserves, according to the most recent data compiled by the...
XAU/USD Declined After Stronger-Than-Expected US PMI NumbersOn Wednesday, the gold (XAU) price decreased by 0.87% as the US ISM Manufacturing Purchasing Managers' Index (PMI) numbers were better than...
On Wednesday, gold steadied above $2,060 an ounce after a drop in the previous session.Investors are waiting for the minutes of the latest Federal Reserve meeting for clues on what monetary policy...
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