markets

More than Jay Powell, the IMF seems to have the word of gold now on rate cuts. Spot gold, reflective of trades . . . . Barani Krishnan of Investing.com

Significant nominal peaks in the price of silver tend to come after significant nominal peaks in the Dow as well . . . . Hubert Moolman

Trump's newest economic adviser is a goldbug. Economist Judy Shelton has been a longtime supporter of the return to the gold . . . . Luke Burgess

Gold broke above the key $1,400 per ounce level on June 21st and has tested that key support level five times and held. From a technical view . . . .

Silver’s recent price performance has been disappointing. Normally, it is almost twice as volatile as gold . . . . Alasdair Macleod

Federal Reserve Chairman Jerome Powell just arrogantly dismissed . . . . Adam Garrie

Gold tested the important $1,400 per ounce price level three times last week. During Friday trading, over the holiday weekend, Gold became weaker . . . .

Weakening global economic growth, lacklustre demand and huge . . . . Peter Hobson

Lower interest rates decrease the opportunity cost of holding non-yielding bullion and weigh on the dollar, making gold cheaper for investors holding other currencies . . . . Reuters

Gold reached a new six year high of $1,439 per ounce last Tuesday after breaking above the key $1,400 resistance level on June 21st. What is important about this . . . .