Silver can still outperform gold even as prices fall 1% below $24.50 – MKS Silver continues to underperform within the precious metals market and has been unable to hold gains above $25 an ounce even as gold prices hold near their record highs. Despite the disappointing price action, many analysts remain optimistic that silver will […]
Gold gains on technical buying, friendly outside markets Gold prices are posting decent gains in midday U.S. trading Monday, supported by chart-based buying amid bullish technicals, and by friendly daily “outside market” forces that see the U.S. dollar index lower and crude oil prices higher. Silver prices are trading slightly up. April gold was last […]
Gold price correction This week won’t derail a broader rally as Fed looks to cut rates The Federal Reserve has given the all-clear to gold after signaling it still wants to cut interest rates three times this year, even as inflation remains above the 2% target; however, some market analysts said that the precious metal […]
Wall Street advises caution on gold prices next week, Main Street mashes the gas After last week’s price action was led by inflation data, gold markets were once again dominated by the Federal Reserve and interest rate expectations, though traders’ feelings seemed to evolve as the days went by. In the immediate aftermath of Wednesday’s […]
Gold price gains against the Swiss franc highlight its potential when the Fed starts cutting rate Gold price gains against the Swiss franc highlight its potential when the Fed starts cutting rates teaser image The Federal Reserve’s signal that it still sees the potential for three rate cuts this year, even as inflation remains above […]
Gold price rallies after FOMC statement deemed not too hawkish Gold and silver prices are higher and neare daily highs in U.S. trading Wednesday, following a Federal Reserve monetary policy statement that the precious metals bulls saw as price-friendly. April gold was last up $13.30 at $2,173.10. May silver was last up $0.29 at $25.425. […]
Gold price forecast looks bearish, dragged by fundamental risks, technical indicators – FX Leaders’ But Gold prices look set to continue their recent retracement as the technical and fundamental picture worsens, according to Arslan Butt, Lead Commodities and Indices Analyst at FX Leaders. Butt said the near-term price forecast for spot gold looks weak as […]
The gold market has gotten ahead of anticipated Fed easing cycle – Barclays The gold market has gotten ahead of itself and is due for a further correction after a relatively quiet week following its breakout to record highs, according to one major British Bank. While off of last week's high above $2,200 an ounce, […]
Investors speculate on Fed’s decision next week as inflation remains persistent A primary purpose of holding or investing in gold is to protect one’s portfolio against high inflation. It has always been considered an inflationary hedge. Simply put, one can extrapolate that if interest rates remain elevated or spike higher it will provide bullish tailwinds […]
Gold Price News: Gold Pulls Back From All-Time Highs Frank Watson Gold News Market Analysi Gold prices pulled back slightly on Tuesday from their recent all-time highs after figures showed US inflation at higher-than-expected levels in February, prompting questions over any interest rate cuts. Prices eased as low as $2,153 an ounce during the […]