Tag: gold market

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 Dollar (USD)....
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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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