The gold price continues to move at a high level, despite the fact that at the moment much is probably also due to the war in Ukraine. But even before the outbreak of the war, the sentiment around the precious metal was bullish. Surprising was also the interest rate hike, but also the statements of …
Interest Rate Hike and Fed Announcement Leave Gold Unimpressed Read More »
“The stock is not the company. And the company is not the stock.” – Jeff Bezos With these words, Amazon founder Jeff Bezos explained why his company survived the dot.com crash. What did he mean by that? While the share price was collapsing, the company was flourishing and the internal company figures indicated a very …
And everything looked like a new rally, but then the U.S. Federal Reserve came around the corner and hammered the gold price back below $1,800. Shortly before the publication of the interest rate decision and the FOMC press conference, the gold price pushed past the $1,850 mark, but the decision to keep interest rates the …
Fed Slams Gold Back Below $1,800 – Gold Stocks Development Week 4, 2022 Read More »
The gold price continues to move in the positive direction. This is supported by the stock markets, which have experienced a real downturn since the beginning of the year. The S&P 500 is down 7.73% YTD, the DOW is down 5.7% YTD and the NASDAQ is down 11.99% YTD. The gold price could thus close …
The gold price was able to gain again this week, as the U.S. economic figures were weak and inflation figures continue to run hot. Consumer Price Index (CPI) continued to rise in December with 7% YoY and core CPI increased by 5.5% YoY. The Producer Price Index (PPI) also increased by 9.7% YoY and Core …
The gold price has once again experienced a turbulent week with initial highs above the $1,800 mark but then was quickly knocked down again to $1,780. One could almost think that every time the gold price makes its way to break out, forces are at work to prevent this with all means try. Then the …
The gold price was able to gain again shortly before Christmas and jump above the $1,800 mark. Now the yellow metal seems to be able to establish itself there for the time being and went into the Christmas holidays with a price of $1,810.20 per ounce. Throughout the year, the macro factors that speak for …
Which Gold Mining Stocks Performed the Best in Week 52? Read More »
The hot topic at the moment is probably called Omicron or is it simply being cooked hotter than it actually is to distract from the real problems. What is certain is that Omicron is spreading and has reached the majority of countries. News from South Africa gives however for the time being reasons to be …
Which Gold Mining Stocks Performed the Best in Week 51? Read More »
Inflation continues to be the hot topic after inflation data were reported Friday from major economies such as the U.S. and Germany. The Bureau of Labor Statistics has confirmed what many had suspected, that U.S. inflation continues to rise, with CPI rising to 6.8% YoY in November, the fastest pace in 40 years. While the …
CPI Figures Rise to Historic Level – Is This the Bull Case for Gold Producer Stocks? Read More »
Another volatile week in the gold market comes to an end with gold bulls fighting back on Friday before gold went into the weekend at $1,784.15 per ounce. The feeling remains that the gold price moves with every news that focuses on the U.S. economy. However, it remains doubtful that news about the U.S. economy …
Which Gold Mining Stocks Performed the Best This Week? Read More »