The latest sentiment in the precious metals sector has become somewhat sour, with eyes in the professional market turning once again to the Federal Open Market Committee meeting next week with expectations for a 50-basis point rate hike, along with a likely decision on the timing and size of balance-sheet run-off (i.e. reducing holdings of […]
Gold – tracing out another sideways trend
After sliding by almost 9% in six trading days from its early-March peak of $2,070 to touch a low of $1,895 in mid-month, gold has been trading in relatively thin conditions in a sideways range bounded by $1,890 and $1,944. The past week has seen it confined within those boundaries and testing neither (all prices […]
Learn more about Mints
Of course, for us Netflix users, the most famous Mint in the world is now the Madrid Mint because of the award-winning series Casa De Papel ….a mint where a group of robbers take “money heist” to a whole new level! But in real life, the Royal Mint of Spain is certainly not the most […]
At last!
It was starting to feel like Groundhog Day – the same range, time after time… then last week gold finally broke out to the upside. Not by much, but the range has changed and we are now in a period of consolidation. With the exception of just under a fortnight in November last year when […]
Yet again the Fed is in focus
this time gold falls before the meeting, rather than afterwards (although that can’t be discounted either). For some months now the markets have been Fed-watching even more closely than usual, as economies have been recovering from the impact of the pandemic, supply chain dislocations have exacerbated inflationary pressures that are generated in an economic recovery […]
- 1
- 2
- 3
- …
- 6
- Next Page »