Chris Marcus
Chris Marcus Articles
Over the past 2 years the financial markets have watched the Federal Reserve raise interest rates over 5%, while at the same time the Treasury is pumping out debt faster than ever.
Despite a strong finish to 2023, the gold and silver prices have been under pressure to start 2024. Especially today, as gold is $30 lower while silver is down by 80 cents.
There's a corner of the gold market that gets very little coverage, as for years the The Bank for International Settlements (the BIS) has been conducting gold swaps.
While 2023 has likely seemed like a volatile year for gold and silver investors (especially for those invested in the mining stocks) the gold price is on track to close in positive territory on the year, and silver is still about a dollar...
A week after seeing gold reach a new all-time high above the $2,100 per ounce mark, the price has come back in and is hovering right around the $2,000 level as of Tuesday morning.
The gold price is off of its all time highs that it set on Friday of last week, and again on Sunday night. But it's still trading over the $2,000 mark, and about $200 higher than where it stood during early October.
Following the spike in gold and #silver prices on the far east open in Asia on Sunday night, both metals have sold off through Monday and Tuesday.
While the price of gold still sits below the $2,000 per ounce level in the US (although it's about $20 closer to that level following this morning's rally after the CPI was released), gold has been setting new all-time highs in many of the...
While the price of gold has come in this week, it has rallied slightly on Thursday morning trading, and still remains within shouting distance of the $2,000 mark. And one reason that the price has performed as strongly as it has, is that...
Both gold and silver sold off sharply in October following Jerome Powell's commentary at the Fed's September policy meeting, but have rebounded in the past few weeks amidst geopolitical and treasury supply concerns.
