What's Driving Precious Metals - Weekly Analysis March 23, 2018

What's Driving Precious Metals - Weekly Analysis March 23, 2018

Gold Prices Surge This Week * The Fed Raised Rates but Projected a Mixed Forecast * The US Durable Goods Orders Were Stronger than Expected

March 23, 2018 0 Comments
What's Driving Precious Metals - Weekly Analysis March 16, 2018

What's Driving Precious Metals - Weekly Analysis March 16, 2018

Gold bullion prices edged lower this week, as the dollar gain traction weighing on the price of the yellow metal. Inflation data was in line with expectations, but the softer than expected U.S. retail sales, had economists scrambling to reduce their growth projections.  The dollar also gained ground this week against most major currencies, as inflation in Euroland...
March 16, 2018 0 Comments
What's Driving Precious Metals - Weekly Economic Analysis March 9, 2018

What's Driving Precious Metals - Weekly Economic Analysis March 9, 2018

Gold prices rebounded from the weekly lows on Friday, following a stronger than expected non-farm payroll report released in the U.S. on Friday. Traders had been waiting for this number all-week, with a keen eye on wage growth.  The change in gold prices has been moving in lockstep with the EUR/USD which rebounded after declining most of the week.  The...
March 9, 2018 0 Comments
What's Driving Precious Metals - Weekly Economic Analysis Feb 26 - March 2, 2018

What's Driving Precious Metals - Weekly Economic Analysis Feb 26 - March 2, 2018

There were several important announcements this week that drove the macroeconomic backdrop which in turn steered gold bullion prices.  The highlights were Fed Chair Powell’s first testimony in front of congress as well as Trumps trade announcement.  Gold prices were under pressure mid-week as the new Fed chair initially commented that the U.S....
March 2, 2018 0 Comments

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