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Upbeat Employment & Trade Data Not Enough for Gold Futures

by Brian Schad | Jun 3, 2015 | Gold Futures, Hard-Asset Investments, Precious Metals

Gold futures fell today to lows not seen since early last month on the outlook of positive data making the case for an interest-rate hike this year. Gold futures are down $8.60 currently at $1,185.80 per ounce (but traded to $1,180 earlier in the trading session) at...

Strong Jobless Claims, Interest-Rates Weigh Heavy on Gold Futures

by Brian Schad | May 7, 2015 | Gold Futures, Precious Metals

Gold futures retreated from the $1,200 per ounce high from Tuesday after a reportedly stronger than forecasted US jobless claims data was posted. Gold futures are currently down $8.00 at nearly $1,183 per ounce at the New York Commodity Exchange. The surprise with the...

Gold Futures Rally on US Data & Greek Concerns

by Brian Schad | Apr 16, 2015 | Gold Futures, Precious Metals Trading

Gold futures broke out above $1,200 late this week on the outlook of official US data indicating a possible interest-rate hike based on the strength of the economy. Then gold futures turned around for the day about $4 per ounce just under $1,198 per ounce at New...

Private Sector Data Launches Gold Futures

by Brian Schad | Apr 1, 2015 | Gold Futures, Precious Metals Trading

Gold futures soared today over the $1,200 threshold just after the “soft” non-farm payrolls were released on the outlook of lower employment figures to be released on Friday. Gold futures closed $25 per ounce higher on the day at New York’s Commodity Exchange division...

Gold Futures Lower After Housing Starts, Ahead of FOMC Meeting

by Brian Schad | Mar 17, 2015 | Gold Futures, Hard-Asset Investments, Precious Metals Trading

Gold futures have retreated back to lows not seen since November reportedly on mixed housing data and ahead of the Federal Reserve’s two-day monetary policy meeting. Gold futures are currently trading at $1,148 per ounce at the COMEX division of New York’s Mercantile...

New York’s Feds Send Gold Futures Plummeting

by Brian Schad | Feb 17, 2015 | Gold Futures, Precious Metals Trading

Gold futures are sharply lower today reportedly after the New York Federal Reserve’s index of manufacturing conditions showed improvement for prospects in February – but just not at the pace for economic growth expected. The index dipped to a level of “7.8” for...
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