Saturday, May 20, 2023

Gold rallies to daily high on short covering, Powell remarks

Gold rallies to daily high on short covering, Powell remarks: Gold rallies to daily high on short covering, Powell remarks Gold prices have pushed to double-digit gains in late-morning trading Friday. Short covering by the shorter-term futures traders, after the...

Saturday, February 11, 2023

Investors wait for CPI numbers but the bearish sentiment remains on Fed's narrative

Investors wait for CPI numbers but the bearish sentiment remains on Fed's narrative: Investors wait for CPI numbers but the bearish sentiment remains on Fed’s narrative Gold investors had a wake-up call last Thursday when gold futures hit $1974, the highest value of 2023. But that s...

Monday, October 17, 2022

Gold prices drop sharply as U.S. CPI rises 0.4% in September

Gold prices drop sharply as U.S. CPI rises 0.4% in September: Gold prices drop sharply as U.S. CPI rises 0.4% in September Gold prices have dropped sharply into negative territory as U.S. consumer prices rose more than expected in September, raising prospects th...

Friday, July 1, 2022

Gold, silver down as chart-based bears pressing their case

Gold, silver down as chart-based bears pressing their case: Gold, silver down as chart-based bears pressing their case Gold and silver prices are lower at midday today, in a choppy, two-sided trading session. The significantly bearish near-term technical postu...

Sunday, March 20, 2022

Volatile gold price action is here to stay as safe-haven interest 'reignited' - analysts

Volatile gold price action is here to stay as safe-haven interest 'reignited' - analysts: Volatile gold price action is here to stay as safe-haven interest 'reignited' - analysts Gold could easily make another run at $2,000 an ounce next week as the geopolitical situation is not easing, bu...

Saturday, December 11, 2021

Gold prices moving higher after U.S. CPI rises 6.8%, biggest jump since 1982

Gold prices moving higher after U.S. CPI rises 6.8%, biggest jump since 1982: Gold prices moving higher after U.S. CPI rises 6.8%, biggest jump since 1982 Gold prices are pushing higher, following a stronger-than-expected rise in U.S. consumer prices. Friday, the U.S. Labor Dep...

Saturday, August 21, 2021

Gold bull Peter Schiff regrets not getting into bitcoin, and now its too late as its days are numbered

Gold bull Peter Schiff regrets not getting into bitcoin, and now its too late as its days are numbered: Gold bull Peter Schiff regrets not getting into bitcoin, and now its too late as its days are numbered Prominent gold bull Peter Schiff is once again making waves in the crypto economy after saying in...