Bearish technicals limit buying interest in gold silver

Bearish technicals limit buying interest in gold, silver Gold and silver prices are modestly down in midday U.S. trading Wednesday, with gold notching a 3.5-month low overnight. A lack of markets-moving fundamental news at mid-week has traders focused more on the analytical charts for the precious metals, which are leaning bearish. August gold was last […]

Gold will rise with dollar as ‘violent’ global debt crisis unfolds de-dollarization will take at least a decade – Brent Johnson

Gold will rise with dollar as 'violent' global debt crisis unfolds, de-dollarization will take at least a decade – Brent Johnson The dollar will gain strength relative to other currencies, along with gold, as a "violent" global debt crisis unfolds. That is according to Brent Johnson, Founder and CEO of Santiago Capital. Johnson, who created […]

Will jobs and inflation data confirm the Fed’s stance on two more rate hikes? This is what gold price is watching

Will jobs and inflation data confirm the Fed's stance on two more rate hikes? This is what gold price is watching Gold is seeing its worst week since February as the Federal Reserve's outlook of two more rate hikes weighs on the precious metal. But some analysts don't see the macro picture supporting that hawkish […]

Powell’s testimony helps take gold futures to the lowest value since March 17th

Powell's testimony helps take gold futures to the lowest value since March 17th Chairman Powell testified before the House Financial Services Committee today. This is part of his semiannual report which will conclude tomorrow when he appears before the Senate Banking Committee. His opening statement was close to a word-for-word repeat of his opening statement […]