Kitco News
(Kitco News) – Gold and silver prices are still trading not far from unchanged in late U.S. futures trading Wednesday.
The post Gold, silver hold near steady following as-expected FOMC statement appeared first on WorldSilverNews.
Category: Silver
Kitco News
(Kitco News) – Gold prices were unmoved after the Federal Reserve kept interest rates steady while reaffirming its commitment to higher inflation.
The post Gold prices steady as Fed keeps rates unchanged appeared first on WorldSilverNews.
Snippet:
Silver is “the number one conviction trade in 2020” Minerd, who is also the Guggenheim Global Chief Investment Officer (CIO) told Bloomberg whose conviction trade was greeted with surprise by Bloomberg’s Tom Keene and Jonathan Ferro
Source:
Gold Core
Wednesday, January 29th
Snippet:
Dr. Copper down hard, silver following too. Gold to Silver ratio showing that silver is not keeping up with gold prices. Ratio nearing 90 ounces of silver to 1 ounce of gold. Lower highs, lower lows, silver not trending. Copper prices could get a bounce, highly oversold. Platinum fighting 18 day moving averages of closes but trending lower, with bias down. Palladium lost its bullish embedded reading, it often leads to a pullback to its 18-d.m.a. Momentum lost, has to rebuild.
Source:
Ira Epstein – Precious Metals Video
Dr. Copper down hard, silver following too. Gold to Silver ratio showing that silver is not keeping up with gold prices. Ratio nearing 90 ounces of silver to 1 ounce of gold. Lower highs, lower lows, silver not trending. Copper prices could get a bounce, highly oversold. Platinum fighting 18 day moving averages of closes but trending lower, with bias down. Palladium lost its bullish embedded reading, it often leads to a pullback to its 18-d.m.a. Momentum lost, has to rebuild.
Tuesday, January 28th
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The post Why China, not the U.S., has won the trade war appeared first on WorldSilverNews.
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