MARKET NEWS / GOLDEN RULE RADIO
Gold price gained on Wednesday following the announcement of another rate hike from Chair Jerome Powell. The dollar fell as did bond yields, as the 11th hike in the last 12 policy meetings was implemented. After the conference, the dollar index fell 0.4% against its rivals as U.S. 10-year Tresrury yields slipped to 3.862%. Bullish sentiment for gold continues, with even stronger seasonal action likely to come in the following months. Thanks for listening.
Another quite week for precious metals, with gold and silver rising just over 1%. Platinum and palladium took a small step back reflecting some [...]
Precious metals had a quiet week with gold and silver slipping 1.8% and 1.5% respectively. Beneath the calm price action, discussion around [...]
Pressure builds in the metals markets as volatility in equities, the USD dollar, and oil shape market sentiment. Despite the fallback in metals, [...]
Silver surged upwards this week with a 13% rise and nearly reached $90. While gold remained relatively flat, platinum continued its breakout and [...]
Gold and silver snapped back this week with conviction, with gold climbing 3.5% and silver surging over 8%. Platinum led the metals with a 9.25% [...]
