gold trading, silver trading - daily alerts

Extra Premium Update

February 18, 2013, 10:52 AM

Please log in to read the entire text.
If you don’t have a login yet, please select your access package.

The World Gold Council published a report last week but a lot of other things had happened on the precious metals market so we didn't comment on it in Friday's Premium Update. However, the report raises a few important questions and quite a few eyebrows, so we decided it to examine it over the weekend and provide you with its analysis in today's extra Premium Update.

Did you enjoy the article? Share it with the others!

Apr Market Overview

Gold Market Overview

The U.S. recovery and the Fed's interest rate hike are the hottest topics right now. The stronger than expected February job market report fueled expectations that the Fed would increase interest rates sooner rather than later. We believed that the market’s reaction was a bit exaggerated, and suggested in the Gold News Monitor not to take the hike for granted. The U.S. recovery is not as strong as it is commonly believed (as was confirmed by the downgraded Fed’s economic projections) and there are many downside risks. However, we can assume that the American central bank will finally increase its interest rates, especially that since March it is no longer as “patient” as it used to be. How will this action change the global economy and affect the gold market?

Read more in the latest Market Overview report.

menu subelement hover background