The Gold Forecast Videos | The Gold Forecast

The Gold Forecast Videos

Phase-One Trade Deal, FOMC and Britain’s Election Move Gold Higher
To say that this week contained multiple events that had a large impact on the market would be an understatement. First the last Federal Reserve FOMC meeting was held this week, and yesterday Trump announced that the United States and China have agreed to a phase-one trade deal. In a statement by the Federal Reserve on Wednesday,... Read more 12/13/2019
President Trump signs Phase-One of a Comprehensive Trade Agreement
All morning reporting from major news outlets has been speaking about an imminent trade deal between the United States and China. This is a fluid situation and as of 5:26 p.m. EST the most recent headlines are reporting that President Trump has signed off on a phase-one agreement and it is expected that the Chinese Ambassador will sign... Read more 12/12/2019
Connecting the Dots – The Federal Reserve Votes
The entire precious metals complex moved higher today after the conclusion of Decembers FOMC meeting. The Federal Reserve concluded its final Federal Open Market Committee meeting for the year, and as many expected left interest rates unchanged for the remainder of 2019. However, information found within the Federal Reserve’s release of... Read more 12/11/2019
To Tariff or not to Tariff? It Depends on Trump
There are two major events this week that market participants are going to be assessing. The first event is tomorrow’s conclusion of this month’s FOMC meeting. It is widely anticipated that the Federal Reserve will announce that they plan to stay the course and leave interest rates where they are. Furthermore, the belief is that there... Read more 12/10/2019
Gold Slightly Higher as Traders Await Conclusion of FOMC Meeting
Both spot gold and futures remain neutral to slightly higher on the day. As of 3:53 PM EST February futures are currently up $0.10 and fixed at $1465.20. Spot gold is also showing fractional gains on the day currently up $0.68 at $1460.71. The precious metals are also getting a small tailwind from a slightly lower dollar index. Currently... Read more 12/09/2019
Estimates for This Week’s Employment Numbers Miss Big, Both Over and Under
Both gold and silver had strong declines today following the release of the U.S. Labor Department’s jobs report. Estimates for today’s report were 185,000 non-farm payroll jobs would have been added in the month of November. The actual number came in at 81,000 above expectations with 266,000 new jobs being added last month. This in... Read more 12/06/2019
Financial Markets Become Quiet as Investors Wait for Tomorrow’s Jobs Report
Gold, silver and palladium futures are trading higher on the day, and with the exception of platinum the precious metals have all shown gains. As of 5:18 PM EST gold is fractionally higher, currently fixed at $1481.10, which is a net gain of $0.90 (+0.06%). Palladium is also fractionally higher and fixed at $1846.30, with a net gain of $... Read more 12/05/2019
Flip-Flops More Than Footwear
As a market analyst fortunate enough to live in Hawaii, the term flip-flops is most commonly used to express a type of sandal that are the prominent form of footwear worn on the islands. In Hawaii flip-flops are not only worn at the beach but with the exception of business attire, (no ties and aloha shirts) are acceptable casual wear... Read more 12/04/2019
A China Trade Deal is Dependent on One Thing — Do I Want to Make it?
President Trump speaking at a news conference in London today drew a hardline in the sand as to his position about the current trade negotiations between the United States and China in which he said “A China trade deal is dependent on one thing — do I want to make it.” But it was his remark about a timeline to resolve the trade war... Read more 12/03/2019