Gold Continues on a Bullish Path Barchart - Sun Jan 29, 11:04AM CST
Barchart
Sun Jan 29, 11:04AM CST
Gold outperformed stocks, bonds, real estate, and cryptocurrencies in 2022, posting a marginal loss for the year. The precious yellow metal came out of the gate with a bullish run in early 2023 and has held most of its gains.
Dollar Firms with T-note Yields Barchart - Fri Jan 27, 2:35PM CST
Barchart
Fri Jan 27, 2:35PM CST
The dollar index (DXY00 ) on Friday rose by +0.07%. The dollar Friday posted modest gains, supported by higher T-note yields. Also, Friday’s U.S. reports showed the University of Michigan Jan consumer sentiment climbed to a 9-month high, and Dec pending home sales unexpectedly increased, which were bullish for the...
Gold/Silver: Silver investors this is how you play Wednesday's FOMC meeting Blue Line Futures - Fri Jan 27, 1:46PM CST
Blue Line Futures
Fri Jan 27, 1:46PM CST
We saw another strong week for Gold as it continues to outperform the other metals with tailwinds set in place to push it through the $2,000/oz mark, led by the end of Fed rate hikes and a declining U.S. Dollar. At the same time, optimism and uncertainty surrounding the Chinese reopening and weaker economic data have started to damage industrial metals. That has led to the increasing divergence between the spread between Gold and Platinum while also creating a floor under the Gold/Silver ratio.