Tag: gold market

Inflation Exceeds 9%, But It’s Still Not Enough For Gold
July 15, 2022 No Responses

Inflation Exceeds 9%, But It’s Still Not Enough For Gold

The inflation rate accelerated again. It implies a more hawkish Fed and is bad for gold in the short-run, but good in the long-term. Another inflation report – and another upside surprise! The CPI increased 1.3% in June, after rising 1% in...
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Despite Ultra-Hawkish Fed’s Meeting, Gold Jumps
March 18, 2022 No Responses

Despite Ultra-Hawkish Fed’s Meeting, Gold Jumps

The FOMC finally raised interest rates and signaled six more hikes this year. Despite the very hawkish dot plot, gold went up in initial reaction. There has been no breakthrough in Ukraine. Russian invasion has largely stalled on almost all fronts, so...
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Hawks Triumph, Doves Lose, Gold Bulls Cry!
December 3, 2021 No Responses

Hawks Triumph, Doves Lose, Gold Bulls Cry!

The hawkish revolution continues. Powell, among the screams of monetary doves, suggested this week that tapering could be accelerated in December! People live unaware that an epic battle between good and evil, the light and dark side of the Force, hard-worki...
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Gold At A Crossroads Of Hawkish Fed And High Inflation
August 2, 2021 No Responses

Gold At A Crossroads Of Hawkish Fed And High Inflation

Gold has been trading sideways recently, but this won’t last forever – the yellow metal is likely to move downward before continuing its rise. Gold Seems To Be At A Crossroads So, so you think you can tell heaven from hell,...
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As The Dollar Downtrend Drags On, Precious Metals Are Primed To Gain
June 18, 2021 No Responses

As The Dollar Downtrend Drags On, Precious Metals Are Primed To Gain

McAlinden Research Partners notes that the dollar continues to face significant downward pressure across the globe as gold’s rise guides more central bank buying. Rising inflation, as well as disappointing job growth data, continue to weigh on the US Do...
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Will Gold Rally Continue In The Upcoming Months?
June 11, 2021 No Responses

Will Gold Rally Continue In The Upcoming Months?

May was certainly a positive month for the yellow metal. Gold could keep its momentum later this year, but a lot depends on the Fed and inflation. The Rise In Gold Prices We left May in the rearview mirror, and as...
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Will Bitcoin Replace Gold?
May 24, 2021 No Responses

Will Bitcoin Replace Gold?

Bitcoin’s popularity and price are rising. However, cryptocurrencies could be seen as complementary, not substitutive to gold. Bitcoin Rally What a rally! Unfortunately, I’m not referring to gold, but to Bitcoin. As the chart below shows, the price of ...
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Will Biden Inaugurate Gold’s Rally?
January 22, 2021 No Responses

Will Biden Inaugurate Gold’s Rally?

The price of gold increased on Inauguration Day, arousing investors’ hopes for a new bullish phase. Gold Price Increased On Inauguration Day Ladies and gentlemen, it’s official now – Joe Biden and Kamala Harris have been sworn in as the President and ...
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