From my prior articles, the last key low for Gold came with the bottoming of our 72-day cycle - made back in early-June. From there, the analysis called for strength into the late-July timeframe or ...
Gold's recent selloff has certainly tested investors' nerves. On Wednesday, the yellow metal briefly fell below the $4,000-an-ounce mark, leaving prices roughly 28% below the all-time highs reached ...
Further resilience in the U.S. economy and muted inflation pressures are pulling gold prices lower, with the precious metal continuing to struggle around $4,000 an ounce.The Bureau of Economic ...
Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical ...
Gold price (XAU/USD) clings to Wednesday’s losses near $3,985 during the European trading session on Thursday. The yellow metal remains under severe pressure as traders seem confident that the next ...
After a brief rebound, metals and miners turned lower following Wednesday's hawkish Fed announcement, potentially setting up ...
Chinese gold imports surged to the highest level in two years last month despite sagging prices and cooling demand. According to the latest customs data, China imported 163 tonnes of gold in May. The ...
As usual, we begin with examining the Dow Jones’ Bear’s Eye View Chart, or the Dow Jones as Mr Bear understands it; in terms of new all-time highs (0.0% = BEV Zero), and the negative percentage ...
LONDON (June 26) Commerzbank analysts highlight a weakening Gold market, with prices briefly slipping below USD 4,000 per troy ounce before recovering. They note that strong US data and hawkish ...
New Federal Reserve Chair Kevin Warsh views inflation primarily as a monetary phenomenon, adhering to the Milton Friedman dictum that persistent price rises are a choice made by the central bank.
The dust has now settled after last week’s Federal Reserve meeting, and the U.S. dollar’s move above 101 appears to be driving the final leg lower in precious metals into July.
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