A string of recent US data points has led to a bid coming back into US Treasuries. The US jolts jobs missed, and US confidence missed the last PMI print…
One interesting seasonal pattern to note is that of silver around the time of September. Over the last 15 years, silver has fallen for an average of 3.97% between August…
Last week silver prices gained over 8% on the lower-than-expected US CPI print. Investors rapidly sold the USD last week as lower inflation increased the chances of the Fed holding…
Gold and silver both enjoyed a surge higher on the weak US CPI print from last Wednesday, July 12th, as could be anticipated. The headline came in below expectations at…
The US CPI print on Wednesday at 13:30 UK time sits in a light calendar week for US data. The CPI print is likely to draw significant attention tomorrow to…
The fall in real yields alongside the fall in the USD surrounding rapid US rate re-pricing on the recent banking woes has been a great catalyst for precious metals. Gold…
Bank forecasts are rising for gold’s year-end price now after the latest SVB banking crisis. Citi raises its Q2 2023 gold price forecast to USD 1,875/oz (prev. USD 1,800/oz), Q3…
The Fed is set to meet on Wednesday next week and speculation is growing that silver will surge on falling real yields. The logic is that the SVB crisis will…
This is the time when the two competing narratives over the Fed’s path of rates get to test each other. STIR markets have been pricing in two rate cuts this…
The outlook for the Federal Reserve is mixed. On one hand, the US economy could be heading towards a recession next year. The November FOMC minutes stated that it was…