The Federal Reserve Of New Zealand left interest rates unchanged at 0.25%! Resolution not as dovish as expected! Nymex short term rally over 40 points!

At 10:00 on Wednesday (September 23), the Federal Reserve of New Zealand (RNZ) released its latest interest rate decision as scheduled, announcing that it would keep the benchmark interest rate unchanged at 0.25%. The decision […]

Gold investment: gold price broke in 1900 again! The Federal Reserve Bank of New Zealand is “sitting tight”! Powell’s testimony was as expected! The DOLLAR index stands out! Can gold buck the trend?

Spot gold continued to come under pressure in the Asian session on Wednesday, briefly dropping more than $5 to trade near $1,895. Silver, meanwhile, briefly fell below the $24 mark, down 1.57% on the day. […]

The news from China, India, and the United States is never-ending! What a crowd of Fed officials! Can gold bulls embrace a turnaround?

Spot gold remained broadly in range in early Asian trading on Wednesday, edging up $2 to near $1,902. Spot gold closed at $1,898.81 an ounce, down $13.42, or 0.70 percent, after touching as low as […]

Gold just dipped below 1900 again! An important signal has come from the situation along the China-India border. Powell and many other dignitaries on stage! Watch out for the big guy selling gold again!

In the Asian session on Wednesday, the DOLLAR index was up, now at around 94.15. Spot gold continued to come under pressure, having just slipped below $1,900 an ounce again. The dollar surged on Tuesday […]