Gold:silver ratio at a 22-month high; manged money position net longs at three-month lows The weakened sentiment in the gold and silver markets has persisted, with prices drifting lower in several currencies, not just the dollar, reflecting a broad softness in the market. Silver was already underperforming gold even when gold was rising in mid-April; […]
A cautious start to the New Year 2022
Price performance since the start of this year has seen gold eke out small gains, while silver has come under some light pressure, although neither of them have moved by much. Gold’s interesting move last week came on the back of the Consumer Price Index release from the United States. The number was more or […]
Gold heavy falls last week and this week will be nervous
The much-awaited next meeting of the Federal Open Market Committee is this week, the 21st and 22nd of September and the tone is becoming increasingly hawkish. As we noted last week, this meeting is one of the four during the year in which economic projections are published, including the “dot plot” which charts each member’s […]
Gold more resilient than the headlines suggested last week
Last Monday saw gold captured the headlines with a sharp fall in price at the start of Asian hours’ trading. The price had already been on the retreat the previous Friday after strong U.S. employment data lifted the dollar and reignited expectations of early tapering from the Fed – although that has now been reversed […]
Weekly markets round-up for Coininvest
Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. After gold and silver’s change in range in mid-March in response to the United States’ liquidity injections and stimulus programme, last week was a […]