The team at Gainesville News is dedicated to bringing you relevant updates and analysis about the precious metals markets, as well as news in the broader financial markets. Our reporting reflects the crucial—and often overlooked—role that gold, silver, platinum and palladium play in the global economy, and how these metals interact with other assets and economic developments. We want to empower our readers with the latest information and industry perspectives on important events affecting the markets. We also provide occasional stories concerning geopolitics, important domestic developments, and other topics of interest. We always strive for objectivity and accuracy. Due to their diverse knowledge and professional backgrounds, our contributors also share their opinions where such insights may apply.
Although Sir Isaac Newton is best known for his scientific discoveries in physics, optics, and mathematics, there is also some interesting history behind his work at the Royal Mint (U.K.).
Weaker-than-expected durable goods data in the U.S. helped lift each of the precious metals to close out the week. The U.S. dollar gave up some ground and stocks opened higher.
Markets focused on the fairly hawkish minutes of the FOMC meeting as well as the escalation of trade tensions with China. Spot gold slipped about 0.5% in early trading and the dollar rebounded.
Amid potential legal trouble for a pair of President Trump's former associates, markets were jittery Wednesday morning. The gold price briefly traded back above the key $1,200 level.
The precious metals opened flat Tuesday after President Trump offered sharp criticism of the Federal Reserve. Gold prices held near yesterday's close at $1,190 per ounce.
Renewed optimism about trade negotiations between China and the U.S. helped markets rebound Monday, pushing the gold price back near $1,190 per ounce.
Precious metals slightly higher on the spot market to end week. The US increases pressure on Turkey to release preacher, causing lira to slide again. Stocks held back by chipmakers, a day after decade-high earnings from Walmart sent Wall St higher. Soaring housing prices may begin to affect economy
Each of the precious metals saw their prices rise in early trading, recovering some of the losses from the previous trading session. Stocks also pointed higher Thursday.
All of the precious metals opened deeply in negative territory Wednesday morning. Gold slumped below $1,185/oz while platinum and palladium sank to their lowest in about a decade.
Global markets bounced higher Tuesday morning as fears about the Turkish currency crisis worsening and spreading were held in check. Spot gold opened modestly higher but was shy of $1,200 per ounce.