gold trading, silver trading - daily alerts

przemyslaw-radomski

The “Crazy” Day

October 12, 2018, 10:12 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 general stock market declined yesterday, but this time the session was far from being boring in the case of the precious metals sector. Silver moved higher in a moderate way, but gold and gold stocks soared. The President of the most powerful country on Earth called the decisions of the most important monetary official “crazy”. That’s definitely enough to shock the markets and to trigger a substantial move. Definitely a lot happened, but did as much change?

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

Gold Alerts

More

Oct Market Overview

Gold Market Overview

Quarter, year, and ten years. That’s what we are writing about in this edition of the Market Overview. We start with the summary of the third quarter of 2018 and our outlook for the end of the year. Next, due to the 10th anniversary of the Lehman Brothers’ bankruptcy, we present lessons from that event for the gold investors. We also offer an update on the quantitative tightening. Last but not least, we analyze whether POTUS can reduce the Fed’s independence. The weakening of the US central bank could alter its monetary policy and the gold market – but is it possible? Let’s read our monthly report and find out!

Read more in the latest Market Overview report.

menu subelement hover background