Background We noted last week that disappointing US economic numbers had raised talk of a Fed pivot sooner rather than later and that the markets had reacted accordingly. The initial reaction to the Fed statement on Wednesday last week, following the Committee’s two-day meeting, saw gold spike higher and the dollar drop sharply, as it […]
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 wish all our readers and clients a safe and happy 2021. It has been a roller-coaster time for gold so far this year, […]
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 a nine-week period of sideways trading, (we commented last week on the dip towards $1,670 followed by a recovery towards $1,720), gold finally […]
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. Since we last wrote a fortnight ago the gold market has been subject to further dislocation, with the COMEX June contract moving to a […]