Reverse claims may give shock to gold sellers

/ 19 October 2020 / Comments Off on Reverse claims may give shock to gold sellers
Rising Unemployment claims is concern I wrote an article last month when gold was trading around 1950$. I mentioned declining unemployment claims may cause gold decline. Gold price tested 1840$ after my article. A sweet 110$ crash from 1950$. Last week US unemployment claims rose from 845K previous to 898K. Forecast was 810K. Unemployment... more →
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Declining Unemployment claims may crash gold ?

/ 21 September 2020 / Comments Off on Declining Unemployment claims may crash gold ?
Declining Unemployment claims   US reporting decline in unemployment claims since few weeks. Last week US unemployment claims to 860K from 893K previous. We are seeing a declining curve in jobless claims which is a very good sign for US economy. Less people are filing for jobless benefits which means many people are returning... more →
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Gold price hits above 2050$. Will gold streak continue ?

/ 6 August 2020 / Comments Off on Gold price hits above 2050$. Will gold streak continue ?
Gold price new lifetime high Its been a fantastic run for gold price. Spot gold prices made low of 1450$ in March this year. Currently gold prices are trading above 2050$. Up more than 40% from its March’s low. This stupendous rally came just within 4.5 months. Gold is making new lifetime highs almost daily and closing on lifetime... more →
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