Gold’s massive 50 daily drop is just a ‘speed bump’ in the 2023 outlook but be aware of more profit-taking next week – analysts

Gold's massive $50 daily drop is just a 'speed bump' in the 2023 outlook but be aware of more profit-taking next week – analysts The gold market saw significant losses Friday as the precious metal dropped $50 on the day following a shockingly solid employment report out of the U.S. The U.S. economy added a […]

Gold silver up after traders buy the early price dips

Gold, silver up after traders buy the early price dips Gold and silver prices are firmer in midday U.S. trading Tuesday, as traders stepped in to do some perceived bargain hunting on early-session price pullbacks. Trading action is more subdued just ahead of this week’s monetary policy decisions by major central banks. February gold was […]

Gold silver tread water just ahead of FOMC meeting

Gold, silver tread water just ahead of FOMC meeting Gold prices are modestly down and silver slightly up in midday U.S. trading Monday. Gold is seeing a mild corrective pullback and a bit of profit taking from futures traders after prices last week hit a nine-month high, and just ahead of this week’s highly anticipated […]

Economists experts and market participants await Friday’s Core PCE report

Economists, experts, and market participants await Friday’s Core PCE report The financial markets are currently in the process of factoring in or getting in front of the upcoming release of the core PCE (Personal Consumption Expenditures) report. On Friday the Bureau of Economic Analysis (BEA) will release the most current information on inflation for December. […]