Gold Prices Retreat from Highs Amid Easing Geopolitical Tensions - July 26, 2025 22:51

Early this week, gold followed a typical “safe haven” pattern but then turned to drop back in price. During the first part of the week the price of gold skyrocketed, reaching as high as $3,433 per ounce which was the highest it’s been for a number of weeks. This rapid increase was caused mostly by […]

Gold and Copper Prices Dip Amid Trade Turbulence and Tariff Worries - April 5, 2025 15:06

As the week drew to a close the price of gold took a nosedive following an initial surge to unprecedented peaks earlier in the week; meanwhile the price of silver also took a sharp fall. Following the revelations by U.S President Donald Trump with the imposition of hefty trade tariffs directed at a wide array […]

Gold Prices Reach Record Highs Amid Economic Uncertainty and Volatility - February 25, 2025 0:36

In North American trading, gold prices climbed to all-time highs of $2,956 per ounce, while the U.S. dollar fell and Treasury yields declined. The market is in the middle of one of gold’s longest bullish streaks, with prices up for eight weeks. Investors have confidence in gold as gold-backed ETFs have seen the most net inflows since 2022, […]

Gold and Copper Markets Respond to Powell - August 24, 2024 16:06

On Friday gold jumped over 1% to unprecedented highs after the dollar and Treasury yields fell. The movements followed remarks from Federal Reserve Chair Jerome Powell that suggested an interest rate reduction in September. Concerns about inflation near the Fed’s 2% goal added to signs of lower interest rates, as Powell’s comments did. For a […]

US Stock Market Faces Turbulence and Mixed Commodity Reactions - August 4, 2024 8:48

The US stock market took another hit on Friday and managed to finish a disastrous week in the red as poor economic news coupled with weak earnings from some major tech players continued an alarming five-day collapse. The decline was itself heightened by recently-released non-farm payroll figures that showed a modest 114,000 jobs added to […]

Gold Flying and Making New All Time Highs - March 30, 2024 10:37

During Thursday’s trading on US sessions, an extraordinary event for Gold bulls took place. A gold price was hit of $2230 per ounce, gold set a fresh all-time high. The primary underlying strength of these rapid gains is the increased anticipation of numerous interest rate reductions from the world’s foremost central banks, mainly driven by […]

Gold Prices Slip Ahead of Anticipated Economic Data - February 13, 2024 2:04

Gold prices experienced a slight dip on Monday, due to a cocktail of bearish factors, notably a slightly firmer U.S. dollar index. The relationship between gold and the dollar is historically inverse; as the dollar strengthens, gold, priced in dollars, becomes more expensive for holders of other currencies, potentially dampening demand. This unanticipated slip in […]

Gold Prices Dance with CPI Data and the Fed - September 11, 2023 18:59

As we all know, gold often functions as an economic barometer, reacting to various indicators like inflation, interest rates, and geopolitical stability. As of late, traders are tuned into the latest Consumer Price Index (CPI) data for August, which is adding another layer of complexity to the already erratic movement of gold prices. Investors are […]

Gold Steady As US Dollar Index Tries to Make Gains - July 30, 2023 13:12

Similar to other commodities, gold prices usually escalate when the US dollar weakens. Hence, during periods when the dollar is losing value, the likelihood of an increase in gold prices is notably high. Unfortunately, although the US Dollar index has retraced from its recent high, it has still made around 10% gains since late 2022. […]