At the time of writing we can see that both gold and silver are under pressure again today. Prices have slipped as a stronger U.S. dollar and rising Treasury yields weigh on sentiment, with gold pulling back and silver seeing sharper losses. At the same time, geopolitical tensions remain elevated, particularly in the Middle East. […]
Today’s data presents a picture of resilience that sits somewhat uneasily alongside the geopolitical backdrop, with U.S. retail sales rising by 1.7% in March, comfortably ahead of expectations and reinforcing the view that consumer demand remains strong, and that the Federal Reserve may have less urgency to cut rates than markets had previously assumed. In […]
At the time of writing gold continues to trade above $4,800 per ounce, holding firm despite a noticeable lack of follow-through buying. At the same time, stronger-than-expected U.S. economic data has tempered immediate recession concerns. The Philadelphia Federal Reserve’s manufacturing index rose sharply in April, while jobless claims declined again, suggesting that parts of the […]