Gold has staged an impressive recovery from its Q4 2022 lows of $1,615 per ounce: the precious metal is trading at $1,860, or 15.2% higher, as this article is going to press in early January.
Gold and silver are in bear markets. Why? The market-perceived reaction by the Federal Reserve to quash inflation by raising interest rates.
Gold has just witnessed a successful support test of a critical level which keeps the technical model bullish until proven otherwise. In this article, we will detail the technical test just witnessed, and what the expected outcome will be...
We have reason to believe that bitcoin and cryptocurrency investors are about to shift their investment strategy toward the precious metals, and that change should cause a notable influx of capital into the gold and silver sectors.
Gold may be set for a further pullback before a resumption of the bull market is ready. Traders should position for short-term weakness, yet investors should use the dip as a final buying opportunity before higher prices.
One of the key ratios for precious metals investors to understand is the Dow to gold ratio. The Dow to gold ratio asks: “How many ounces of gold does it take to purchase one share in each company in the Dow Jones Industrial Average?” The...
All eyes are now on the Federal Reserve meeting this Wednesday at 2 pm eastern time. Why is the pending meeting so important? Because the Fed is expected to announce the tapering of its $120 billion per month bond-buying program, which...
Gold is trading within a giant consolidation pattern. We will look for clues as per which direction the consolidation will eventually resolve based on two key trigger levels: a break above $1,917 would signal a continuation of the 2015 –...
The US dollar is set to decline toward all-time lows against major foreign currencies by the middle of the decade. The result of trillions of freshly-created dollars by the Federal Reserve for Coronavirus stimulus programs and bailouts is...
Gold continues to trade weakly. The precious metal is down $13 for the month of March, $180 thus far in 2021, and some $374 since the all-time high of $2,074 was recorded in the spot market in August of last year.