Gold spikes to record high, backs off sharply; bulls now exhausted

Gold spikes to record high, backs off sharply; bulls now exhausted: Gold spikes to record high, backs off sharply; bulls now exhausted Gold and silver prices sharply lower in midday U.S. trading Monday, after gold overnight spiked to a new record high of $2,152.30, ba...

Gold, silver gain on more downbeat U.S. economic data

Gold, silver gain on more downbeat U.S. economic data: Gold, silver gain on more downbeat U.S. economic data Gold prices are higher in midday U.S. trading Wednesday and notched a three-week high, in the aftermath of another batch of U.S. economic data tha...

Strong decline in gold as economic data moves the Feds policy more hawkish

Strong decline in gold as economic data moves the Feds policy more hawkish: Strong decline in gold as economic data moves the Feds policy more hawkish A virtual pivot of market sentiment in gold as the precious yellow metal has a deep price decline this week. On Tuesday, May ...

Uncertainty wanes as investors accept the resolve of the Fed

Uncertainty wanes as investors accept the resolve of the Fed: Uncertainty wanes as investors accept the resolve of the Fed For the most part, the uncertainty that defined market sentiment has pivoted to a sense of clarity about the future forward guidance of the...

Gold/Silver - Where is the bottom?

Gold/Silver - Where is the bottom?: Gold/Silver - Where is the bottom? It was another volatile week in the markets, both for the longs and the shorts, with the technical backdrop continuing to deteriorate. Rampant inflation reaffirms th...

Gold, silver bulls squelched by firmer U.S. dollar

Gold, silver bulls squelched by firmer U.S. dollar: Gold, silver bulls squelched by firmer U.S. dollar Gold and silver prices are steady to slightly lower in midday U.S. trading Wednesday. A rally in the U.S. dollar index at mid-week kept the precious ...

Gold's not afraid of the Fed or seven rate hikes

Gold's not afraid of the Fed or seven rate hikes: Gold's not afraid of the Fed or seven rate hikes The humanitarian crisis caused by Russia's invasion of Ukraine continues to build. According to the United Nations 816 civilians have been killed and 1...