The markets and investors are still digesting Wednesday’s FOMC meeting announcement. The Fed now has plans to taper quicker, and its monthly security purchases could be at an end by March of 2022. The Fed also alluded to multiple interest rate hikes, suggesting that it is looking at three quarter point hikes for next year. […]
The gold market is slightly lower in mid-morning action today as investors await the FOMC meeting decision and press conference this afternoon. This could be the most important Fed meeting in some time. The central bank is expected to announce a faster pace to its monthly security tapering process which could now be finished up […]
Most gold investors will be happy to leave 2021 behind. The year, despite seeing some blips of upside, was marked primarily by gold lacking any significant follow through. This kept the metal mostly under wraps despite a red hot commodity market. The main reason for a lack of follow through could likely be attributed to […]
The gold market is seeing some moderate gains in early afternoon trade Friday. This morning, markets got the latest release of CPI, which showed a rise of 6.8%. The report noted this was the largest 12-month increase seen since 1982, and inflation at a 30-month high is certainly giving investors something to think about. […]
The gold market is seeing some sharp declines again today as the bears garner additional momentum. Today’s declines have now negated the previous uptrend and have put the bulls and bears on equal ground. That could make for some very interesting price action in the days ahead as volatility could see an upswing from here […]
The Federal Reserve and its monetary policy have been the topic of much debate in recent months. The central bank finally announced its plans to taper its monthly security purchases, or QE, and seems to be coming to the realization that inflation is a real problem and not simply transitory in nature. Today, Fed Chairman […]
The gold market is seeing solid selling pressure on Tuesday following the significant decline seen in Monday’s session. If the bulls are unable to step up soon and stem the tide of red, the bears could inflict serious chart damage and turn the bullish tide around. Despite this week’s shortened schedule due to Thanksgiving on […]
When looking to purchase a physical gold coin or bullion, one of the key considerations is cost. The spot price for gold is going to be the same anywhere in the world. Spot values for gold can vary based on a wide variety of factors. These factors may include dollar strength or weakness, sovereign debt […]
The gold market is modestly lower in late morning trade Thursday. Some downside is to be expected, however, following recent upside gains that have driven the market through key overhead resistance. The market is now within striking distance of the $1900 level, but may need to take a brief breather before it attempts to overtake […]
The bulls have demonstrated their current control over the yellow metal, purchasing Tuesday’s dip to send prices sharply higher in early action Wednesday. Inflation fears remain the central theme for the bulls. Now that the market has cleared resistance in the mid 1830s, it could potentially be off to the races in the sessions ahead. […]
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