After slithering lower for much of the first half of May, with gold briefly dipping below $1,800 to touch $1,787 las Monday 16th (silver’s intraday low was the previous Friday, at $20.46), both metals recouped much of their losses over the source of last week. As we write, gold is trading above $1,860 and is […]
Gold: continues to improve as U.S. policy doves gain the upper hand; ECB turning hawkish
All of which is bearish for the dollar in the short-to-medium term Spot gold over the past twelve months Since our most recent note, a fortnight ago, the markets have had the Jackson Hole Symposium to absorb, disappointing employment numbers from the United States, members of the European Central Bank talking of closing out the […]
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. Gold has effectively continued its period of price consolidation, with the price trading between $1,387 and $1,426/ounce (intra-day basis) over the past week and […]