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. […]

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 calendar year 2023. But before Federal Reserve officials meet for the first time this year on Friday, January 27 the government will release its latest […]