Precious Metals News Update - 3 May 2018
Precious metals firmed on modest shortcovering ahead of the anticipated US Federal Reserve monetary policy announcement. Prior to its release however, was the release of...
02 May 2018
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Precious metals firmed on modest shortcovering ahead of the anticipated US Federal Reserve monetary policy announcement. Prior to its release however, was the release of...
02 May 2018
PRECIOUS METALS RANGES - Trade Date: May 1st COMMENTS / HIGHLIGHTS: Thin, illiquid markets resulting from May Day / Labour Day holidays spanning China and most of Europe,...
01 May 2018
PRECIOUS METALS RANGES - Trade Date: April 27th COMMENTS / HIGHLIGHTS: Asian markets were the first to receive the breaking news on Friday that (following on from news a...
29 April 2018
PRECIOUS METALS RANGES - Trade Date: April 26th COMMENTS / HIGHLIGHTS: US 10 Yr Treasuries continued to lead gold by the nose, as yields at first rose above 3% before ret...
26 April 2018
US 10 Yr Treasury yields nudged 3% overnight, propelling the US Dollar Index higher again which weighed upon US equities and precious metals values.News from the US Treas...
23 April 2018
US Treasury yields continued firming on Friday as President Trump Tweeted about Russia, China (currency manipulation and trade skulduggery), amongst other things. The US...
22 April 2018
A spike in US Treasury yields overnight on increasing expectations of a fourth interest rate hike by the US central bank in 2018, lent support to the Greenback, drove US...
20 April 2018
Gold prices have rallied this week, with the price of the yellow metal currently trading near USD $1,350oz. Silver, which has slightly lagged gold since the beginning of...
20 April 2018
A sterling performance from silver saw the white metal marginally edge out palladium as the star performer from amongst the precious metals complex on the day, as sanctio...
18 April 2018
Gold and silver were buffeted around within recent ranges predominantly on headline risk. Weakness during the Far Eastern and European sessions was largely reversed by th...
17 April 2018
Precious metals were sent lower at the open of Far Eastern trading on Monday on a “buy the rumour, sell the fact” reaction, after a coalition comprising France, the UK an...
17 April 2018
Ladders and snakes – ladders give, snakes take. Gold and silver gave up the entirety (and a touch more) of Wednesday’s gains yesterday, as expectations of the US and its...
12 April 2018
Gold prices pulled back sharply overnight, with the yellow metal declining back toward USD $1330oz. Earlier in the week, gold had briefly pushed through USD $1360oz, thou...
12 April 2018
Safe haven buying on the back of unfolding developments from the Middle East had kept a steady bid tone to the precious metals throughout Asian and European trading as ex...
12 April 2018
When the newswires carried comments from Chinese President Xi Jinping during the early part of Far Eastern trading that China was prepared to lower tariffs on motor vehic...
10 April 2018
Hello everyone. COMMENTS / HIGHLIGHTS:
08 April 2018
Precious metal prices have had a minor rally this week, with the price of gold currently sitting at USD $1,331oz. In AUD terms, gold is sitting at $1,737oz, up nearly 1%...
05 April 2018
Gold takes support from the Weekly Ichimoku Standard Line (US$1301) but has yet to overcome the important US$1366 level. Protectionism is the theme for gold’s current str...
03 April 2018
Gold prices have bounced this week, with the yellow metal currently trading just over USD $1,330oz, up over 1.5% since last Friday. In Australian dollar terms, the yellow...
23 March 2018
The Australian Bureau of Statistics yesterday released its latest housing statistics, which showed that, nationwide, property prices rose by 1% in the final quarter of 20...
19 March 2018
“Bull Markets are born on pessimism, grow on scepticism, mature on optimism and die on euphoria.” – Sir John TempletonGold prices are treading water this week, currently...
15 March 2018
After hitting the US$1361 target, gold tested the US$1301 support at the Weekly Standard line on the Ichimoku/the base of the Daily cloud, and recovers.Targets: medium te...
12 March 2018
Precious metal prices are on track to end this week largely unchanged, having pulled back from mid-week highs. Gold is currently trading at USD $1318oz, where silver is a...
08 March 2018
Hello everyone, Where to begin? Markets have been roiled over the past few days by a handful of events but arguably the one causing the most consternation amongst investo...
06 March 2018
Gold and silver continued their pullback this week, with the price of the metals declining to USD $1315oz (gold), and USD $16.50oz (silver). Overnight, the yellow metal f...
01 March 2018
Hello everyone. The markets’ verdict on the prepared Testimony and subsequent Q&A of US Federal Reserve Chairman Jerome Powell before the House Financial Services Committ...
27 February 2018
Hello everyone. Precious metals commenced the week with price action driven by the US dollar which itself was hoofed around like a football, initially on comments from B...
26 February 2018