21 April 2024

Main Street sows seeds of doubt for gold gains, but Wall Street believes conflict will continue to propel prices

Main Street sows seeds of doubt for gold gains, but Wall Street believes conflict will continue to propel prices: Main Street sows seeds of doubt for gold gains, but Wall Street believes conflict will continue to propel prices Gold prices followed a now-familiar pattern this week, trading...

22 November 2023

Fed hikes may have concluded, as central banks purchase gold at a record level

Fed hikes may have concluded, as central banks purchase gold at a record level: Fed hikes may have concluded, as central banks purchase gold at a record level Gold had tremendously strong gains today of just over $20 per ounce in both physical gold as well as futures. As of 4:00 ...

18 August 2023

Gold weaker as U.S. Treasury yields continue to climb

Gold weaker as U.S. Treasury yields continue to climb: Gold weaker as U.S. Treasury yields continue to climb Gold prices are modestly down and hit another five-month low today, as U.S. Treasury yields are on the rise, with the 10-year note scoring its hig...

05 May 2023

Gold flirts with a record high after three days of consecutive gains

Gold flirts with a record high after three days of consecutive gains: Gold flirts with a record high after three days of consecutive gains Gold futures have traded almost $100 higher from Tuesday's open to today's intraday high. Gold opened at approximately $1990 on Tue...

27 January 2023

Gold declines after a solid 4th quarter GDP report is released by the BEA

Gold declines after a solid 4th quarter GDP report is released by the BEA: Gold declines after a solid 4th quarter GDP report is released by the BEA As of 4:35 PM EST, the February contract of gold futures has fallen for the first time in six trading days. Currently, Februar...

30 September 2022

Gold price weaker earlier, but now catching safe-haven bid as U.S. equities tank

Gold price weaker earlier, but now catching safe-haven bid as U.S. equities tank: Gold price weaker earlier, but now catching safe-haven bid as U.S. equities tank Gold prices are a bit higher and near daily highs in midday U.S. trading Thursday. The yellow metal has erased its earl...

14 June 2022

Gold suffers amid solid gains in USDX, steep rise in U.S. Treasury yields

Gold suffers amid solid gains in USDX, steep rise in U.S. Treasury yields: Gold suffers amid solid gains in USDX, steep rise in U.S. Treasury yields Gold and silver prices are solidly lower in midday U.S. trading Monday, pressured by a U.S. dollar index that is solidly high...