What would the Fed say? Well according to the CME’s FedWatch tool, the odds of another quarter-point U.S. rate increase have decreased to around 47%, a drop of 3% when compared with the odds of a month ago.
Recent Reports
Whether you focus upon geopolitical hotspots such as North Korea or Venezuela or you focus your attention on today’s firing of the new White House communications director, Anthony Scaramucci, one thing is for certain.
Both gold and silver experienced extremely strong finishes on the week. The cumulative effect has seen both gold and silver pricing gain value for the last three consecutive weeks, resulting in gold prices closing at a six-week high.
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