Precious metals finished the week moving downward for yet another day. This week, though fragmented, offered up much of the same as far as precious metals are concerned. The fact that so many investors think interest rates will be raised before the end of the year is something that is keeping precious metals subdued. In […]
Precious metals spent most of this past 5-day trading session losing value thanks to strengthened beliefs that the Federal Reserve will move to boost interest rates before the end of the year. All in all, this week was fairly lackluster from an economic data standpoint and mostly saw the US Dollar move forward most days. […]
Gold and silver surged forward on Friday to close out positively a week that was, otherwise, a massive disappointment. Even in the wake of today’s gains, the market is currently stacked against precious metals and I do not see today’s gains being sustained for any extended period of time. Through the first four days of […]
Gold and silver spot values had a bit of an up and down week thanks to contradictory outlooks regarding interest rates in the United States. As you have probably gotten used to by now, the marketplace is almost exclusively concerned with what will happen to interest rates between now and the end of the year. […]
Precious metals finished out the week strongly thanks to a decision, or lack thereof, by the Federal Reserve of the United States. To be honest, the only thing on the mind of investors this week was the FOMC meeting for September seeing as it meant a lot to the future of interest rates in the […]
Precious metals backed down to conclude this week of trading. When all was said and done, these past 5 trading days have been more of a miss for precious metals than anything else. Though we have had a few days where gains were realized, most of the week has been taken over by surging stock […]
Precious metals have spent most of this week on the decline as the market goes back and forth on what it thinks about potential interest rate hikes. While gains happened on a few days, those were almost always outdone, and most often only a day later. Gold and silver are in a bit of a […]
Precious metals opened up the week in poor fashion and things really didn’t get much better from there. A quick look at a weekly chart will show you that any and all gains a week ago and the week prior to that were done away with. Now sitting at multi-month lows, the investing world is […]
For precious metals, this ended up being a positive 5-day trading session despite factors that may have led you to believe otherwise. We were dealt a good bit of economic data, but as has been the case recently, most of it was upbeat in nature. As far as reports from other parts of the world […]
This week was relatively uneventful, but for precious metals it was the first week of gains we have seen in quite some time. A good bit of economic data from the US was released, but the attention of the market was fixated on some happenings taking place in China. The outlook on interest rate hikes […]