Category: Gold

Gold and Silver Report for June 12-16

Gold and silver have taken a pause from their rally of the past several weeks. But this pause could end this week as the FOMC plans to raise rates. Although the market is already pricing in the next rate hike,…

Gold and Silver Report for June 5-9

Precious metals prices have continued to slow recovery especially following the latest NFP report, which showed a gain of only 138K jobs and another month of only 2.5% wage growth. This report, however, didn’t change the market expectations about the…

Gold and Silver Report for May 29- June 2

Gold and silver gained a bit more momentum as the political unease playing in the background and some economic data from the U.S. aren’t too impressive. The markets, however still place a high chance – around 80% — of a…

Gold and Silver Report for May 22-26

Market volatility made a very quick and short comeback last week on Wednesday following the political unrest in the U.S. This time, it was followed by the Comey memos about his meetings with President Trump that raised market concerns over…

Gold and Silver Report for May 15-19

The recent economic data pouring out of the U.S. including CPI and retail sales were soft enough to pause the downfall of bullion as the markets reassess the chances of a Fed rate hike in June. Nonetheless, both gold and…

Gold and Silver Report for May 8-12

The latest NFP report showed strong growth in jobs (211K vs. exp. of 194K) and modest decline in unemployment rate to a new low and yet wages are not picking up at a faster pace. This news, however, was still…

Gold and Silver Report for May 1-5

The bullion market has taken a beating last week as the risk-on mode has gained momentum following the relief from the tension over the French elections and relatively robust earnings in the U.S. But this week the focus will shift…

Gold and Silver Outlook for April 24-28

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The first round of the French elections is over and now that it’s a head to head match between Macron and Le Pen the markets could refocus their attention on the ECB’s next move – at least until the second…