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Gold Market News
Gold sector cycle is down. Trend is up for gold & gold stocks and down for USD. A consolidation is in progress.
Gold surged above the upper band of its 10-month EMA envelope in April, signaling the potential start of a multi-month consolidation phase.
The gold miners have just broken out of a major five-year base. Significantly higher valuations lie in store over the next 6 – 18 months for most of the world’s gold miners. However, this move higher in the gold miners will not happen in a vacuum...
Latest Gold Articles
Both gold and silver are undergoing healthy consolidation phases after their strong rallies, allowing them to reset and work off overbought conditions.
Rising gold prices have spurred investment demand, especially in the East, and helped drive Q2 gold demand to the highest level since 2016. In China, demand for gold bars and coins charted the second strongest quarter on record.
After two strong days to start the week, the PM complex took the day off to rest for a bit. While the rest of the PM complex rested today, the CDNX continues to push higher, breaking out from the one-year bullish expanding rising wedge.
A closer look at the gold mining sector, in particular, to see if it is nearing a bottom and preparing for an upswing...
In this episode of the Money Metals podcast, host Mike Maharrey chats with Dr. Nomi Prins in an engaging interview. Dr. Nomi Prins kicked off the discussion by framing today’s gold rally as just the beginning of a much larger trend. She forecasted gold reaching $3,...
President’s Trump Liberation Day announcement of higher tariffs was supposed to trigger massive reshoring and restructuring of the US economy towards its manufacturing industries.
The gold price is down $109 to start the week, with the big news being a report that China and the US have agreed to cut the tariffs.
Both are completely unsurprising, as the technical analysis (and common sense) provided insights beforehand. Yes, the U.S. – China dramatic tariff decrease announcement was the direct trigger – the technical writing was on the wall for a long time.
What was good for the bullish goose (sentiment extremes in March-April) is going to be good for bearish gander as well.
When Russia invaded Ukraine in February 2022, $300 billion of Russian assets held in foreign countries were immediately frozen, the majority of which (about $200 billion) are within Europe.
The Fed seems confident it can hold inflation near two percent, but the full impact of tariffs on prices and employment remains unknowable.
Matterhorn Asset Management (now VON GREYERZ) principal, Matthew Piepenburg, sits down once again with Elijah Johnson of Liberty Finance to discuss recent shifts in the global currency and precious metal markets leading into the August 2022 Jackson Hole summit....
The gold futures soared through $3,200 a few weeks ago, on the way briefly past $3,500, and since then the price has traded ‘violently neutral’ around that range.
Recap of the previous week in precious metals and look ahead. We talked last week that precious metals are in a larger correction, but a little bit oversold in the short term. I was expecting a little bounce this week, but a big bounce we had with gold up over 2% on...
At this week’s close, I’m wondering what the market has instore for the Dow Jones below. The Dow Jones closed above its BEV -10% line on April 29th, nine NYSE trading sessions ago, and has since managed only to keep above it, refusing to advance any closer to its...
Our missive’s title is ever so suitable for parsing… So let’s go! Part Un: “Gold Regains Ground” for indeed it did in settling yesterday (Friday) at 3329 for a net weekly rise of +82 points (+2.5%). Heaven forbid price instead have suffered a third consecutive...
In a rare moment of honesty, Federal Reserve Chairman Jerome Powell admitted he and his fellow central bankers don’t know what they’re doing as they wrapped up the May Federal Open Market Committee (FOMC) meeting this week.
Today, we've got significant news regarding potential tariff reductions on China. President Trump suggested that "80% Tariff on China seems right" ahead of upcoming trade talks with Chinese officials. This would represent a substantial decrease from the current...
“Stagflation or Deflation?”; one will come first. As the Fed’s Michael Barr notes, tariffs will put upward pressure on prices of items subject to said tariffs.
The US stock markets have been a wild ride, nearly plummeting into a new bear before screaming higher in a bear-market-rally-like surge! Such extreme volatility and a potential major trend change greatly ups the importance of big US stocks’ fundamentals. These...