Actualités des marchés
01/14/2020 | Profit-Taking Hits Gold ETFs on Price Spike, Silver's SLV Shrinks 1,000 Tonnes from Peak
GOLD BULLION prices rallied weakly off 7-session lows against the US Dollar on Tuesday, trading at $1543 per ounce – more than 4% below last week's new 7-year high – as the US extended an olive branch to China ahead of signing their 'phase one' trade deal tomorrow.
Washington overnight removed Beijing from its list of "currency manipulators", cancelling its accusation that the politburo unfairly depressed the Yuan on the FX market to make China's exports more competitive.
Iran meantime said it has arrested people...Read more
Tehran would lose, the US wouldn't win...
IT'S ALWAYS good to start a new decade on an optimistic note, writes MoneyWeek's executive editor John Stepek in his free daily investment email Money Morning.
So coming back to headlines fretting about World War III is perhaps not the best way to start the year.
At the end of last year, I said that I reckoned that oil would be one theme to watch in 2020. But I'll admit I didn't expect it to be grabbing headlines quite as early on in proceedings....Read more
After Friday’s big rally in metals, we are seeing a repeat this morning. The terrorist attack in Kenya last night and the continuation of the issues with Iran are causing global fears, pushing metals to highs not seen in months.
What does this mean in the big picture of gold and silver? Although we are long both gold and silver, this action is actually more bearish for long-term pricing than bullish. This entire rally went from being driven by a solid technical pattern to one of fear.
Markets that are driven by fear...Read more
Gold futures are currently trading up $23, with the most active February contract currently fixed at $1551.10, this is a 1.51% gain on the day. Today’s dramatic rise in gold prices is a direct response to actions in the Middle East last night. Without a question this is one of the strongest safe-haven moves we have seen in quite some time.
According to an article in the New York Times, “Iran’s top security and intelligence commander was killed early Friday in a drone strike at Baghdad International Airport that was authorized by President...Read more
01/03/2020 | Gold prices standing strong as Fed minutes show central bank is in no hurry to do anything
Gold prices are holding on to strong gains heading into the weekend as the minutes of December’s Federal Reserve monetary policy meeting confirmed that the central bank is looking to stand pat for the foreseeable future.
The minutes showed that many committee members expect that interest rate will remain at their current low levels as long as economic activity remains broadly consistent with economic outlook.
“A number of participants agreed that maintaining the current stance of monetary policy would give the...Read more