Fundamentals did not drive Bitcoin higher, same can said with the US Dollar -- sentiment. The USDX went insanely far from its moving average. Gold moving into a trending phase...
Employment data out today, market mover. It took a big break in the dollar to move gold. The price is moving into the $1824.40 -- where I imagine there will be trouble.
Powell starting to show his hands. Still saying hikes are data dependent. One more big event this week, jobs data this Friday. Gold in a bullish stance.
Gold has flattened out, the market is in a holding pattern. Too much coming out right now -- Fed's Powell speaking today. Likely to talk about being data dependent.
India’s GIFT city is set to become the world’s main gold price discovery hub, dwarfing the COMEX, LBMA, and China’s SGE. Mining stocks will become an institutional darling...
Long-term investors and the official sector are gradually building gold allocations. Central banks have been net buyers of gold for more than a decade now, amid a broader trend of ...
The Guardian newspaper noted the four P's as the themes of 2022 - Pandemic, Putin, Politics and Price Inflation. We added one more - Plunge. We expand. The rise in gold reserves at central banks...