gold trading, silver trading - daily alerts

przemyslaw-radomski

Gold & Silver Trading Alert: Gold’s Performance in Light of USD’s Weakness

April 19, 2017, 7:46 AM Przemysław Radomski , CFA

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

The USD Index declined yesterday quite substantially as the British pound and the euro both moved sharply higher likely due to the surprising news of looming elections in the UK. Despite the USD’s slide, gold didn’t decline whereas silver and mining stocks did. What are the implications?

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

Gold Alerts

More

Feb Market Overview

Gold Market Overview

In this edition of the Market Overview, we will examine what the Great Unwind implies for the U.S. dollar and gold. The tightening of monetary policy and higher interest rates could be negative for gold, but more hawkish BoJ and ECB would mean narrower divergence in monetary policies between the Fed and other major central banks.
We will answer the question of why the American currency has been falling like a stone recently, despite the Fed’s tightening cycle. We will also explore the historical bull and bear cycles in both gold and the U.S. dollar, as trend in this currency is likely to be the vital driver in the gold market in 2018.

Read more in the latest Market Overview report.

menu subelement hover background