With the Fed March meeting now out of the way, geopolitics has been the primary focus of the markets over the past week – although the increased hawkishness from Chair Jay Powell and other members of the Federal Open Market Committee (FOMC) at the start of last week, only a couple of days after the […]
Gold – reached to within a whisker of the record
The invasion of Ukraine had been expected by many in the markets and this would tend to suggest that those who intended to use gold as a risk-hedge might well have been positioned days or weeks before the invasion itself, which was 24th February. Gold clearly did rally on the day of the invasion, although […]
Gold treading water, but with an upward bias
Gold has traded in a narrow range since our comments of a fortnight ago, with a low LBMA afternoon auction price of $1,733.75 and a high of $1,774.45, just 2.3%. On an intraday basis the range is obviously wider, between $1,722 and $1,770. The change over the period (LBMA auction price basis) was minimal, a […]
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. We have written before about the role of gold as an investment not just within professional circles, but at the retail level. Breaking down […]
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 sustained a $60 swing in the space of just 48 minutes on Thursday as Federal Reserve (U.S. central bank) Chairman Jay Powell was […]