Fresh falls for gold and silver Possibility of Iran oil deal may reduce geopolitical risk Jerome Powell addresses Jackson Hole this week as FOMC members turn more hawkish People’s Bank cuts rates again in fight to bolster the Chinese economy Gold has continued to slip lower over the past week, and as we write is […]
Archives for August 2022
Coininvest round-up Monday 15th August 2022
Silver ETPs; a negative swing of 5,306t so far this year against 2021 That is equivalent to eight weeks’ global demand Market is in surplus overall The minutes from the July FOMC meeting are due this week While silver’s rally in the first week of August was twice that of gold, suggesting that sentiment in […]
Coininvest round-up Monday 8th August 2022
Continued interest in gold; sentiment improving A mighty nonfarm payroll number takes some of the wind out of gold’s sails As silver continues to outperform, which is bullish Fed doves turning hawkish Silver much perkier than gold as we write (8th August) After a 5.6% rally in week to Monday 1st August, and an accompanying […]
Coininvest round-up Monday 1st August 2022
Some nibbling in the gold ETPs for the first time in over a month… … as part of a rally that started on the FOMC outcome Silver’s rally outstripped gold as the former returns to the fold Is sentiment changing or is it too soon to tell? Short term gold price movement The Federal Open […]