As interest rates show signs of peaking, the gold prices are nearing new all-time highs. The gold market hit the $2,000 level this week and showed resilience following the Federal Reserve’s quarter point rate hike announcement. As of this...
Fears of bank runs precipitating a broader financial crisis helped spark a surge in bullion buying this week. The collapse of Silicon Valley Bank represents the second largest bank failure in history. While Treasury Secretary Janet Yellen...
As the Fed signals further rate hikes ahead, precious metals markets are probing for support levels. Gold prices currently come in at $1,866 an ounce essentially unchanged now for the week as of this Friday recording. Silver, meanwhile,...
Precious metals markets are attempting to stage a rally this week off oversold conditions even as investors remain skittish over rate hikes.Multiple Federal Reserve officials came out and suggested they favor additional interest rate hikes...
Gold and silver markets drifted lower again this week as investors braced for additional Fed rate hikes to come.
As investors digest the latest readings on inflation, employment, and consumer spending, precious metals markets are wavering on fears of further rate hikes.
As official narratives about a strong economy convince some traders to turn bullish on the U.S. dollar, gold and silver markets are struggling to find solid near-term support levels.
As the Federal Reserve winds down its rate hiking campaign, precious metals bulls are anticipating a favorable environment for gains ahead.
As global elites gathered in Davos this week to discuss their plans for controlling the world economy, the gold market is delivering an alternative message.
The gold market rallied this week as the U.S. dollar took another leg lower.The Dollar Index broke down to 7-month low on Thursday. Currency traders reacted to a government report showing inflation retreated in December. That increases the...