Gold price outlook improves as analysts weigh Fed policy mistake, hot inflation data The price outlook for gold is looking better going into the third week of the new year. Analysts are weighing the consequences of a potential monetary policy mistake as the Federal Reserve gets more hawkish amid the latest inflation data. The threat […]
Gold has gained value during 4 of the last 5 weeks Gold continues to trade in a range-bound manner, but over the last five weeks, gold prices have gained value during four of those weeks. Although gold has traded lower yesterday and today, ending the week with a moderate gain of 0.6%. For the most […]
Gold is in a good place no matter what the Fed does in 2022 – Axel Merk With gold prices holding above $1,800 an ounce, the metal is building a solid foundation for the new year, and according to one fund manager, the precious metal remains an attractive asset no matter what the Federal Reserve […]
Gold unfurls all of its sails to capture strong tailwinds from dollar weakness Extreme dollar weakness resulted in strong tailwinds which propelled gold to higher pricing today. As of 5:45 PM EST gold futures basis, the most active February 2022 contract is currently trading up by seven dollars, a gain of 0.38% and fixed at […]
Gold price sees 1% gain as Fed's Powell talks policy normalization, controlling inflation and recession risk The gold market advanced to new daily highs, rising 1% on the day as Federal Reserve Chair Jerome Powell sounded upbeat on the U.S. economy, employment and promised to get inflation under control. "This year, we see an economy […]
This is the difference between gold price surging above $2k or plunging below $1,600 in 2022 here are many opposing forecasts out there when it comes to gold price action in 2022. But what's the main difference between gold climbing back above $2,000 or dropping below $1,600 an ounce? RBC Capital Markets has outlined two […]
Retail investors look to gold and silver for best results in 2022, Wall Street points to silver and platinum After a disappointing year for gold and silver, Main Street is looking for the bearish tide to turn in 2022, picking the two metals as the top performers in the new year, according to Kitco's online […]
Is hawkish sentiment about to peak? Here's what is next for gold price after this week's Fed-related selloff After shedding more than $35 this week in response to a more aggressive Federal Reserve meeting minutes, the hawkish sentiment might be at its peak, according to analysts. And that is a positive signal that gold bulls […]
Gold and silver struggles continue Today is jobs Friday. Equities and metals have been under pressure all week. The FED continues to be unable to recognize the problems they created. The question here is, what has the market priced into this job's number? Based on recent price action, which has reversed our Gold and Silver […]
Gold, silver sell off on bearish reaction to hawkish Fed Gold and silver futures prices are sharply lower in midday U.S. trading Thursday. The metals are reeling after a surprisingly hawkish report from the Federal Reserve Wednesday afternoon. February gold futures were last down $36.50 at $1,788.50 and March Comex silver was last down $1.05 […]