Market Updates
How the Dollar Reacts this Week Should Determine What Gold Does
Don't know if it'll last or not, but starting down 2.96% on the daily chart, you can see how much gold fell. So, the gold market today really got hit hard; higher high, lower low, it broke the uptrend.
Ira Epstein
Tue, 04/23/2024 - 03:46
Gold SWOT: The Sharp Rise in Gold Prices This Year Could Provide a Nice Bump to Miners’ Earnings
Assuming bullion prices hold through the end of June, the rise in gold prices could provide a nice bump to miner earnings starting in the current quarter.
Frank Holmes
Mon, 04/22/2024 - 11:15
Technical Scoop: Topping Signs, Material Rise, Defensive Energy
Gold rising despite rising long interest rates and a rising US$ Index is interesting, as it appears to indicate a shift in sentiment. Yes, we have the fear trade, but we also have inflation eroding all fiat currencies.
David Chapman
Mon, 04/22/2024 - 08:42