Gold prices push back above $1,950 as U.S. PCE inflation continues to cool rising 0.2% in June

Gold prices push back above $1,950 as U.S. PCE inflation continues to cool rising 0.2% in June: Gold prices push back above $1,950 as U.S. PCE inflation continues to cool rising 0.2% in June Gold prices have pushed back above the critical psychologically important $1,950 level as U.S. inflation ...

Wild daily swings define gold price action on its path to record highs, focus on Fed speak and bank earnings next week

Wild daily swings define gold price action on its path to record highs, focus on Fed speak and bank earnings next week: Wild daily swings define gold price action on its path to record highs, focus on Fed speak and bank earnings next week The gold market is ending the week with another massive move. After rising to a 1...

Gold moves lower temporally halting rally on Fed clarifications of inflation concerns

Gold moves lower temporally halting rally on Fed clarifications of inflation concerns: Gold moves lower temporally halting rally on Fed clarifications of inflation concerns Breaking four consecutive days of gains, gold prices declined today by $20 as market participants reacted to data ...

Gold, silver bounce as USDX, Treasury yields decline today

Gold, silver bounce as USDX, Treasury yields decline today: Gold, silver bounce as USDX, Treasury yields decline today Gold and silver prices are higher and near daily highs in midday U.S. trading Wednesday, on short covering in the futures markets and perceiv...

Gold, silver near steady amid conflicting daily inputs

Gold, silver near steady amid conflicting daily inputs: Gold, silver near steady amid conflicting daily inputs Gold and silver prices are not trading too far from unchanged in midday action Thursday. Bearish for the metals is a stabilization of the U.S. st...

Potential de-escalation with Russia – Ukraine takes gold to lower pricing

Potential de-escalation with Russia – Ukraine takes gold to lower pricing: Potential de-escalation with Russia – Ukraine takes gold to lower pricing Precious metals across the board sustained moderate to strong price declines in light of recent news suggesting that the geo...

Gold breaks out, will it 'steal the show' in 2022?

Gold breaks out, will it 'steal the show' in 2022?: Gold breaks out, will it 'steal the show' in 2022? It's been a very busy data week for the markets. The Federal Reserve announced tapering of its asset purchases and the U.S. economy added...