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Gold Market

dollar keeps gold at 1 year low

Dollar Keeps Gold at 1-Year Low

July 18, 2018

A resurgent U.S. dollar placed downward pressure on the precious metals Wednesday morning. Both gold and silver traded at one-year lows while platinum and palladium also slumped.

gold trickles lower again

Gold Trickles Lower Again

July 17, 2018

The precious metals continued their slump Tuesday, trickling lower as the dollar advanced again. Global stocks were mixed in early trading and bonds saw an uptick in demand.

gold struggles at 1240

Gold Struggles at $1,240

July 16, 2018

The precious metals showed almost no reaction to higher retail sales and weaker manufacturing data during June. Gold traded just north of $1,240 per ounce to begin trading Monday.

gold slumps to one year low

Gold Slumps to One-Year Low

July 13, 2018

The precious metals slumped again Friday, with the gold price falling to a one-year low. Wall St opened flat while most sovereign bonds around the globe rose.

gold price steady cpi higher

Gold Price Steady, CPI Higher

July 12, 2018

The consumer price index (CPI) and weekly jobless claims were both modestly higher Thursday, helping lift global stock markets. The precious metals also regained some ground in early trading.

gold resumes slide as trade heats up

Gold Resumes Slide as Trade Heats Up

July 11, 2018

Gold prices haven't shown much response to the brewing trade war as prices fell back toward $1,250 an ounce on Wednesday. Global stocks opened sharply in the red.

gold tumbles back below 1260

Gold Tumbles Back Below $1,260

July 10, 2018

Stocks moved higher Tuesday as investors turned their attention to corporate earnings from the second quarter. The precious metals tumbled lower in early trading while oil prices surged.

gold price rises dollar

Gold Price Rises, Dollar Down

July 09, 2018

The precious metals rallied Monday thanks to a weaker U.S. dollar. The dollar tumbled to a three-week low, which also helped lift global stock markets.

gold steady after strong jobs report

Gold Steady After Strong Jobs Report

July 06, 2018

The precious metal prices were little changed Friday after the Labor Department released its monthly nonfarm payrolls report. The jobs data was stronger than expected for June.

precious metals little changed thursday

Precious Metals Little Changed Thursday

July 05, 2018

Gold and silver were slightly lower Thursday morning ahead of the release of the June FOMC meeting minutes. First-time jobless claims were also weaker than expected.

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