At the time of writing gold is rallying to session highs, sitting above $2,520. This week is all about US employment data releases, and all the information and inference they bring. Tomorrow is the big one: Non-Farm Payrolls data. Non-Farm Payrolls data is always closely watched but there is a particular focus on this week’s […]
Nearly 30,000 of you have enjoyed our interview with David Hunter, recorded just last Thursday. His ‘conservative’ prediction that gold will reach $3,000 by the end of 2024 seems increasingly likely as the yellow metal continues to hold above $2,500. (If you missed it you can catch up here.) Last week’s speech by Federal Reserve […]
We write to you as we approach the end of another record-breaking week. This was the week, of course, when gold proved its mettle and broke through the $2,500 ceiling. The ceiling is both technical and psychological. Why did the price push through $2,500? According to both the LBMA and the World Gold Council it is […]
It’s been a busy week of data releases, particularly from the US. July’s US inflation figures were highly anticipated; the data gave a boost to expectations that the Federal Reserve will cut rates in September. Earlier today we also saw the release of better-than-expected jobs data after the number of Americans filing new claims for […]
Last week Biden was asked “What do you want your legacy for Gen Z to be” His reply? “I cured the economy” Less than a week later trading screens around the world were blinking red, with numbers heading one way…south. Equities, bonds and currencies were hit, with only a few assets left untouched. It’s estimated $6.4 […]
We write to you at the end of another eventful week. The gold price has had a notable one marked by economic data, policy decisions and geopolitical events. We have seen some safe haven buying following the assassination of a Hamas leader in Tehran which has increased the risk of major uptick in military action […]
It was another interesting start to the week this week, with the announcement from President Biden that he would no longer run for another term. We believe that this has significantly changed the dynamics of the US election, and judging by the markets’ reaction, we’re not the only ones who think so. The Presidential race is […]
Why should you hold gold in 2024? In this video Jan Skoyles outlines the multifaceted benefits of investing in gold bullion. She emphasizes gold’s timeless appeal, symbolizing wealth and stability across millennia. Unlike paper currencies, gold holds intrinsic value due to its rarity and universal acceptance. It serves as a hedge against inflation, protecting purchasing […]
Earlier today I had a really interesting conversation with Michael Oliver, a highly respected expert in momentum structural analysis. Michael’s work combined with decades of experience provides us with a wealth of insights into what is coming for key market indicators. Our conversation touches upon a lot of areas but viewers will no doubt be interested to […]
Both gold and silver have been under some pressure this week. Both have seen some light volatility with gold finding critical support around $2,300, and silver dropping to below $29 on Tuesday. Much of this is down to strength in the US dollar and rising US Treasury Yields. For now, both metals appear to be […]