Hawkish posturing from Jerome Powell is putting downward pressure on precious metals markets. The Federal Reserve chairman testified before Congress this week on the subject of U.S. monetary policy. Powell said persistently high inflation...
As the Federal Reserve begins to back off on tightening, the U.S. dollar is becoming increasingly vulnerable to selling. The Fed left its benchmark interest rate unchanged at just above 5% at this week's policy meeting. It was the first...
Precious metals markets are getting a bit of a lift this week as investors anticipate a pause in the Federal Reserve’s rate-hiking campaign.Fed policymakers meet next week. After months of relentless interest rate increases, traders are...
As the debt ceiling fight in Washington heads down to the wire with the risk of a technical default looming, investors are growing nervous. Some are fleeing to physical precious metals as a safe haven from risky financial assets. But on...
After knocking on the door of new record highs over the past few weeks, the gold market is pulling back. Bulls had faced a lot of overhead resistance in futures trading. It finally proved to be too much to overcome – at least for the near...
Well, it looks like gold bulls will have to wait at least another week for any sort of upside breakout to occur. Gold continues to contend with resistance selling whenever it approaches its former all-time high near $2,080. That was the...
As more cracks in the foundation of the banking system appear, gold prices have once again been knocking on the door of new records, although we're seeing a pullback here on Friday.
Well, investors seem to be brushing aside headline risks in the banking system, the government's finances, and the economy. The stock market surged on Thursday despite entering the week on shaky footing amid fears of another major bank...
As gold bulls defend the key $2,000 level, sound money proponents are scoring big wins in state legislatures. Arkansas governor Sarah Huckabee Sanders recently signed the Arkansas Legal Tender Act into law. It reaffirms gold and silver as...
Excitement is building among precious metals investors as gold prices continue to push up toward record highs. Although it’s now taking it on the chin here today, the monetary metal currently checks in at $2,008 an ounce and is now down 0....