President Trump’s Executive Orders Likely to Affect Gold Futures Pricing
Gold traders have been eagerly watching current events in the United States to see how President Trump’s policies and reactions to various situations will affect the economy, which will impact gold futures pricing. This past week has been full of interesting news, including Trump’s so-called Muslim ban (and the temporary stay on this ban), which […]
Gold Ending the Week at Lower Price Thanks to Stronger Dollar
Gold often fluctuates in price depending on the strength of various world currencies. At the end of this week, thanks to a stronger dollar, gold prices have dropped. They are recovering, however, in part, due to overnight trading by Asian investors who are uncertain about the dollar’s gains and the stability of the American economy […]
Gold Prices Down but Remain High Year Over Year
The market was optimistic shortly following the U.S. presidential election in November of 2016. Stock values rose, leaving gold in decline. However, gold has seen a rather significant rally in the last eight weeks as market optimism began to fade. Despite the recent inauguration of President Donald Trump, many investors are unclear about what changes […]
Gold Gains Slow Down
Gold prices trended slightly down by close of day yesterday, Tuesday, Jan. 24, 2017. However, the loss is only seen in recent days as the dollar index has improved slightly despite its negative trend for the last couple of weeks. Since the beginning of 2017, gold prices have hit highs that were quite unexpected. Spot […]
Trump’s Economic Policies Strengthening Gold Prices
While early investing on the heels of Donald Trump’s election showed signs of exuberance from industrial and investment sectors, the reality of its impact on the markets remains to be seen. With less than a week in office, Trump’s presidency has seen the dollar slide to a seven-week low. While it recovered somewhat early on […]
Global Events Shake the Gold Market
All eyes are on the United States now that Donald Trump has been sworn in as the 45th President, but it is important for investors to keep an eye on other events around the world as well. Putting it all together can help investors, as well as potential investors, make decisions about how to handle […]
Gold Prices Slip but Remain Higher Than Anticipated
After a week of improving performance, gold prices dropped on Thursday, Jan. 19, 2017, thanks to a stronger dollar. Just prior to noon on Friday, Jan. 20, gold futures for February delivery are trading at roughly $1,203, up $3 from the low point on Thursday. While speculation abounds about the impact of Donald Trump’s inauguration […]
Gold in for a Change as Fed Confirms Rate Increase
The price of gold finally hit its peak earlier this week and the market saw a gradual downturn today. Policies from the incoming U.S. president are still largely uncertain but investors can be quite sure of Federal Reserve Chairperson Janet Yellen’s plan for the future. Yellen voiced her view that interest rates should rise slightly, […]
Market Reacts to Trump’s Every Tweet – Good News for Gold
Since Donald Trump’s election in November, it’s been a teeter-totter act in the U.S. gold market. With uncertain times on the hazy horizon and emotions running high with every news story from adversaries and tweets from the president-elect himself, it’s becoming difficult to separate true market change and mere knee-jerk reaction. Trump Trumpets Again As […]
Brexit Boosts Gold Prices Ahead of Theresa May’s Speech
One of the biggest economic shockers of 2016 was the vote by citizens of Britain to withdraw from the European Union. For many, it was as big of an upset as Donald Trump’s ascendancy to the presidency of the United States. There will be unpredictable long-term impacts from Brexit as the European Union and the […]
