Gold continues to trade lower following a strong U.S. retail sales report

Gold continues to trade lower following a strong U.S. retail sales report: Gold continues to trade lower following a strong U.S. retail sales report One could expect that the latest government report on retail sales revealing that they increased by 0.7% in July would garner ...

Gold, silver back off after better-than-expected U.S. manufacturing reports

Gold, silver back off after better-than-expected U.S. manufacturing reports: Gold, silver back off after better-than-expected U.S. manufacturing reports Gold prices are moderately lower and silver has lost all the big early price gains in midday U.S. trading Monday. Some upbea...

Questions arise about next FOMC meeting; will their decisions remain data-dependent

Questions arise about next FOMC meeting; will their decisions remain data-dependent: Questions arise about next FOMC meeting; will their decisions remain data-dependent Exactly one week from today the Federal Reserve will hold the first Federal Open Market Committee meeting for the ca...

Gold's weakness remains as the dollar dominates with more upside potential

Gold's weakness remains as the dollar dominates with more upside potential: Gold's weakness remains as the dollar dominates with more upside potential Although gold is trading fractionally higher today, by no means can we say that a rally has begun or that this is the beginni...

Inflation driving momentum in gold. but Fed rate hikes remain headwinds

Inflation driving momentum in gold. but Fed rate hikes remain headwinds: Inflation driving momentum in gold. but Fed rate hikes remain headwinds The gold market remains caught in a tug of war between rising interest rates and inflation; however, momentum could be shifting...

Safe-haven demand continues to push gold price higher

Safe-haven demand continues to push gold price higher: Safe-haven demand continues to push gold price higher Gold prices are moderately higher in midday U.S. trading Thursday, on continued safe-haven demand as risk appetite remains squelched by the Russia...

Gold hit hard by profit taking as Fed Chair Powell stays

Gold hit hard by profit taking as Fed Chair Powell stays: Gold hit hard by profit taking as Fed Chair Powell stays Gold and silver futures are sharply down in midday U.S. trading Monday, with gold notching a two-week low. The metals’ prices were under pres...