As markets had expected, the Fed finally removed the promise to be patient yesterday, setting the table for an interest rate hike this year. However, the March FOMC statement was interpreted as dovish, which weakened the greenback and strengthened the gold prices. Why?

• Read more

The FOMC statement after a two-day meeting is scheduled to be released today at 2:00 p.m. ET and will be accompanied by the Fed’s latest Summary of Economic Projections and Yellen’s press conference. How may the markets react to the Fed’s decision on monetary policy?

• Read more

Markets are obviously focused right now on the coming FOMC meeting this week, so it is worth analyzing data on the U.S. economy and trying to solve a significant conundrum. Why do statistics show improvement in the labor market, while almost all other U.S. headline data are definitely weak? How does gold behave in a sluggish economy, but with an apparently improving job market?

• Read more

On Friday, the Central Bank of Russia cut its main lending interest rate from 15 percent to 14 percent. What does it mean in the context of the ongoing crisis in Russia? Could this decision affect the gold market?

• Read more

U.S. retail sales fell for a third month in a row in February, despite the allegedly improving labor market and cheap gasoline prices. The economists blame mainly cold weather; however it may just be another sign of the economic slowdown, which would be positive for gold prices.

• Read more