Please try another search
Gold, after making new highs in December, appears to be pausing before aiming for new highs in 2024. Geopolitical conflicts and historical trends suggest a favorable period for gold prices between...
Possible rise in oil price to $80 in the next quarter?On Tuesday, WTI oil futures rose to $73.50 a barrel, highlighting rising tension in the Middle East and concerns that this could disrupt oil...
Can pigs fly? Perhaps they can, but with US stock markets soaring and wage pressures intensifying, it’s very hard to see the Fed engaging in aggressive rate cuts. The current action of the...
Global manufacturing is slowly stirring back to life, as evidenced by a positive purchasing managers’ index (PMI) reading in January, and industrial metals, copper especially, look poised to...
During the COVID pandemic, commodity prices soared. And this lead to a bout of inflation that we hadn’t seen in years.But commodity prices have leveled off and this has helped to keep inflation...
Gold faces the risk of retracing recent gains after closing lower on Friday, reacting to a robust US jobs report and a strengthening dollar. The light economic calendar for the week suggests a...
The rise in US oil inventories has halted the short-term price uptrend. Meanwhile, the situation in the Red Sea remains unstable and pivotal to oil prices' next move. Concerns about the Chinese...
Since I wrote my last analysis, I find that despite the surging hopes for a rate cut of 25 basis points by the Fed in its meeting on Jan.30-31, gold futures continued to witness selling pressure below...
Gold and silver have started the week positively, with gold surpassing $2030 and silver reaching $23. Despite a challenging start in 2024, gold faces short-term pressures driven by positive risk...
Despite a rollover gap-up opening this week, Gold futures could remain under selling pressure on Monday as Friday’s stronger-than-expected economic data on Dec. Personal Spending and Pending...
The prospect that the Fed's pivot might come in May has kept gold under pressure and strengthened the dollar. However, forecasts point to continued stable demand for gold in 2024 $1940 per ounce is a...
On analyzing the movement by the gold futures in January, I find that the yellow metal is under selling pressure amid decreasing recessionary hopes and the anticipated meeting of the Federal Reserve...
Gold finished lower last week due to a slightly hawkish shift in Fed rate cut expectations Traders are closely monitoring central bank meetings (BOJ, ECB), global PMIs, and US GDP/PCE inflation...
This year’s record-high gold price and anticipated stellar gold prices in years to come are signaling a turning point in the financial system as we know it. The U.S. economy is facing critical...
Following today's impactful economic data announcement, gold bears gained renewed strength, keeping gold below the crucial support level at $2004. Signals from both building permits and initial...