Thursday, July 20, 2023

There is a reasonable probability the Fed will conclude its rate hikes this month

There is a reasonable probability the Fed will conclude its rate hikes this month: There is a reasonable probability the Fed will conclude its rate hikes this month The CME Fed watch tool is predicting that there is a 99.8% probability that the Federal Reserve will implement a ¼% r...

Thursday, April 6, 2023

Gold futures consolidate forming a base at recent highs above $2030

Gold futures consolidate forming a base at recent highs above $2030: Gold futures consolidate forming a base at recent highs above $2030 The solid breakout that moved gold futures above $2000 to a high of $2043 yesterday, and $2049.20 today indicates a new level of sup...

Tuesday, December 27, 2022

Gold futures remain above $1800 as spot gold still attempts to breach that key level

Gold futures remain above $1800 as spot gold still attempts to breach that key level: Gold futures remain above $1800 as spot gold still attempts to breach that key level As of 4:55 PM EST gold futures basis, the most active February 2023 contract is fixed at $1805.90 after factoring i...

Tuesday, August 30, 2022

Modest gains for gold on short covering, mild safe-haven demand

Modest gains for gold on short covering, mild safe-haven demand: Modest gains for gold on short covering, mild safe-haven demand Gold prices are slightly up at midday Monday, on some short covering in the futures market and some tepid safe-haven demand in cash and ...

Thursday, May 19, 2022

Gold recovers early losses as U.S. stock market melts down

Gold recovers early losses as U.S. stock market melts down: Gold recovers early losses as U.S. stock market melts down Gold prices are up a bit at midday Wednesday. The yellow metal recovered moderate early losses as some safe-haven demand surfaced amid a big ...

Monday, February 7, 2022

'Clash' coming: expectations vs. reality

'Clash' coming: expectations vs. reality: 'Clash' coming: expectations vs. reality he gold market will remain...

Saturday, October 30, 2021

How bad will it get for gold price next week as markets eye Fed's tapering?

How bad will it get for gold price next week as markets eye Fed's tapering?: How bad will it get for gold price next week as markets eye Fed's tapering? The persistent inflation narrative is forcing markets to price in more aggressive central banks, with next week's key announ...