Tag: market commentary

Weekly Gold Market Review With 4 Amazing Charts

Weekly Gold Market Review With 4 Amazing Charts

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,188.38 up $9.79 per ounce (0.83%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 1.54%. The U.S. Trade-Weighted Dollar Index lost 0.54% for the week.

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Gold And Silver Price: Expect Volatility Later This Week

Gold And Silver Price: Expect Volatility Later This Week

For the week commencing May 4th, there are a limited number economic data but they are typically moving markets and metals. On Friday, the U.S. monthly unemployment figures will be released, as seen on the table below. Moreover, Janet Yellen will be speaking on Wednesday. Both events have the potential to create volatility in stocks, bonds and precious metals.

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Weekly Review For Gold Investors – May 1st

Weekly Review For Gold Investors – May 1st

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors.

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Weekly Review For Gold Investors – April 24th

Weekly Review For Gold Investors – April 24th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,179.44 won $24.83 per ounce (-2.06%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 1.57%. The U.S. Trade-Weighted Dollar Index lost 0.64% for the week.

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Gold And Silver Price: Another Quiet Week?

| April 20, 2015 | Category: Price
Gold And Silver Price: Another Quiet Week?

For the week commencing April 20th, there are a limited number of economic data of importance to the metals. There is no central bank announcement scheduled, as seen in the table below. Wednesday or Thursday could shake markets with the home sales data in the US, although we do not expect this to be of great impact to the metals. Germany is planning to release its economic sentiment (Tuesday) and business climate index (Friday) but that should not be of any significance to the metals. The most likely scenario is to see a continuation of the consolidation pattern in gold and silver.

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Weekly Review For Gold Investors – April 17th

Weekly Review For Gold Investors – April 17th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,204.27 up $9.55 per ounce (0.80%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, gained 4.28%. The U.S. Trade-Weighted Dollar Index lost 1.72% for the week.

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Gold And Silver Price: A Quiet Week But Watch Draghi’s Speech

| April 13, 2015 | Category: Price
Gold And Silver Price: A Quiet Week But Watch Draghi’s Speech

For the week commencing April 13th, there are quite some economic data and central bank announcements scheduled, as seen in the table below. Tuesday is a busy day with economic data out of the US and China, but they are not very likely to move metals and markets (unless some of the data would be shocking). On Wednesday, the European Central Bank will announce their interest rate decision during a press conference. It seems impossible that the ECB will hike interest rates; the most likely scenario is a status quo, there is a small probability that they will lower interest rates. However, President Draghi could have some drivers in his speech which could create short term volatility in markets and metals. On Friday, the latest CPI figures will be released both in the US and Europe. There is a small chance that the CPI will be significantly higher or lower than the previous months.

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Weekly Review For Gold Investors – April 10th

Weekly Review For Gold Investors – April 10th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,208.35 up $5.75 per ounce (0.48%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 2.2%. The U.S. Trade-Weighted Dollar Index gained 1.95% for the week.

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Gold And Silver Price: Expect Volatility On Wednesday April 9th

Gold And Silver Price: Expect Volatility On Wednesday April 9th

For the week commencing April 6th, there are almost no economic data scheduled to be announced, as seen in the table below. On Wednesday, however, there are some central bank announcements on the agenda. The Japanese central bank is planned to give a press conference, and the FOMC minutes of the meeting on February 25th and 26h will be published. That is a recipe for potential volatility in almost all markets. We expect Wednesday to be potenially very volatile.

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Events Impacting Gold And Silver In The Week Of March 30th

| March 29, 2015 | Category: Price
Events Impacting Gold And Silver In The Week Of March 30th

For the week commencing March 30th, quite some economic data are scheduled to be announced, as seen in the table below. There is no central bank announcement on the agenda. Tuesday is a busy day, with the European CPI and U.S. consumer confidence data being released, among many other data. We believe the nonfarm payrolls and unemployment rate in the U.S. on Friday have the potential to create some volatility in markets and metals, but at the same time, as it will be Good Friday, we expect a neutral reaction. The “joker” in the coming week(s) is the evolution of the geopolitical situation in the Middle East. Obviously, there is a potential for increased demand of a “safe haven” asset if things would go wrong in the Middle East.

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Weekly Review For Gold Investors – March 27th

Weekly Review For Gold Investors – March 27th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,198.75 up $16.12 per ounce (1.36%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 1.82%. The U.S. Trade-Weighted Dollar Index lost 0.53% for the week.

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Events Impacting Gold And Silver In The Week Of March 23d

| March 23, 2015 | Category: Price
Events Impacting Gold And Silver In The Week Of March 23d

For the week commencing March 23d, some economic data are scheduled to be announced but there is no central bank decision planned, as seen in the table below. Mr. Draghi and Mr. Yellen will have each one a speech during the week, but they are not announcing a decision from the central bank. CPI in the U.S. and new home sales are scheduled on Tuesday; unless the CPI will be very surprising, these are not the type of economic data that are moving precious metals prices. However, the U.S. GDP data on Friday have the potential to create some volatility in markets and metals.

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Weekly Review For Gold Investors – March 20th

Weekly Review For Gold Investors – March 20th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,183.16 up $24.61 per ounce (2.12%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 0.45%. The U.S. Trade-Weighted Dollar Index lost 2.40% for the week.

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Weekly Review For Gold Investors – March 13th

Weekly Review For Gold Investors – March 13th

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,158.55 down $8.64 per ounce (-0.74%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 3.42%. The U.S. Trade-Weighted Dollar Index was up 2.63% for the week.

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