The gold futures contract gained 1.27% on Friday, as it broke slightly above the price level of $1,750. Last week's Powell's testimonies on Wednesday, Thursday and his Friday's speech didn't bring any new surprises for the financial markets. But gold got closer to its medium-term highs. However, it continues to trade within a consolidation, as we can see on the daily chart:

Gold is 0.2% higher this morning, as it is trading along Friday's daily high. What about the other precious metals? Silver gained 1.94% on Friday and today it is 1.1% higher. Platinum gained 1.86% and today it is up 1.0%. Palladium lost 0.01% on Friday and today it is 0.5% higher. So precious metals' prices are gaining today.

Last Thursday's Philly Fed Manufacturing Index has been much better-than-expected but the Unemployment Claims number came at 1.5 million again vs. expectations of 1.3 million. So overall, the recent economic data releases have been mixed.

Today, we will have the U.S. Existing Home Sales release. The previous release came at 4.33 million, and the expectations for the month of May (annualized number) are at 4.15 million.

Below you will find our Gold, Silver, and Mining Stocks economic news schedule for the next two trading days:

Monday, June 22

• 10:00 a.m. U.S. - Existing Home Sales
• 11:00 a.m. Canada - BOC Governor Macklem Speech

Tuesday, June 23

• 3:15 a.m. Eurozone - French Flash Services PMI, French Flash Manufacturing PMI
• 3:30 a.m. Eurozone - German Flash Manufacturing PMI, German Flash Services PMI
• 9:45 a.m. U.S. - Flash Manufacturing PMI, Flash Services PMI
• 10:00 a.m. U.S. - New Home Sales, Richmond Manufacturing Index

Thank you for reading today's quick gold news guide. If you enjoyed it, we invite you to read also our other gold market analyses. This includes our free Fundamental Gold Reports as well as premium Gold & Silver Trading Alerts with clear buy and sell signals and weekly premium Gold Investment Updates. If you're not ready to subscribe to our premium services, a great way to check them out (also the premium services - free for 7 days!), is to sign up for our no-obligation free gold newsletter. We'll only ask to whom (just the first name) and to what e-mail address we should be sending our analyses. Sign up today.

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The gold futures contract lost 0.26% on Thursday, as it further extended its short-term consolidation slightly below the price level of $1,750. Powell's testimonies on Wednesday and Thursday didn't bring any new surprises for the financial markets. And gold is still trading within a medium-term consolidation, as we can see on the daily chart:

Gold is trading 0.8% higher this morning, as it gets back to yesterday's daily high. What about the other precious metals? Silver lost 1.50% yesterday and today it is 1.8% higher. Platinum lost 3.10% and today it gains 2.3%. Palladium lost 0.88% on Thursday and today it is trading 0.4% higher. So precious metals extend their short-term consolidation today.

Thursday's Philly Fed Manufacturing Index has been much better-than-expected at 27.5 vs. its previous reading of -43.1. But Unemployment Claims number cam at 1.5 million again vs. expectations of 1.3 million. So overall, yesterday's economic data releases have been mixed.

Today, we won't have any new important economic news releases. However, the Fed Chief Powell will speak again at 1:00 p.m.

Below you will find our Gold, Silver, and Mining Stocks economic news schedule for today:

Friday, June 19

• 8:30 a.m. U.S. - Current Account
• 8:30 a.m. Canada - Retail Sales m/m, Core Retail Sales m/m
• 1:00 p.m. U.S. - Fed Chair Powell Speech
• All Day, Eurozone - EU Economic Summit

Thank you for reading today's quick gold news guide. If you enjoyed it, we invite you to read also our other gold market analyses. This includes our free Fundamental Gold Reports as well as premium Gold & Silver Trading Alerts with clear buy and sell signals and weekly premium Gold Investment Updates. If you're not ready to subscribe to our premium services, a great way to check them out (also the premium services - free for 7 days!), is to sign up for our no-obligation free gold newsletter. We'll only ask to whom (just the first name) and to what e-mail address we should be sending our analyses. Sign up today.

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The gold futures contract lost 0.05% on Wednesday, as it extended its short-term consolidation above the price level of $1,700. Gold has been breaking slightly above $1,750 mark recently. But it came back closer to $1,700 on Monday. Last Wednesday's FOMC Statement came out as a short-term game-changer. Stock prices reversed lower and gold spiked higher. However, it is still trading within a medium-term consolidation, as we can see on the daily chart:

Gold is trading 0.3% lower this morning following an overnight advance. What about the other precious metals? Silver gained 0.7% on Wednesday and today it is 0.5% lower. Platinum lost 0.68% and today it is 0.9% lower. Palladium lost 0.89% yesterday and today it is trading 0.5% lower. So precious metals continue to trade within a short-term consolidation.

Yesterday's U.S. Builiding permits and Housing Starts releases have been mixed. And the Fed Chair Powell's testimony haven't been much of a market mover. Today we will have the Philly Fed Manufacturing Index and the Unemployment Claims releases at 8:30 a.m. and then the CB Leading Index release at 10:00 a.m.

Below you will find our Gold, Silver, and Mining Stocks economic news schedule for the next two trading days:

Thursday, June 18

• 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary
• 8:30 a.m. Canada - ADP Non-Farm Employment Change, NHPI m/m, Wholesale Sales m/m
• 8:30 a.m. U.S. - Philly Fed Manufacturing Index, Unemployment Claims
• 10:00 a.m. U.S. - CB Leading Index m/m

Friday, June 19

• 8:30 a.m. U.S. - Current Account
• 8:30 a.m. Canada - Retail Sales m/m, Core Retail Sales m/m
• 1:00 p.m. U.S. - Fed Chair Powell Speech
• All Day, Eurozone - EU Economic Summit

Thank you for reading today's quick gold news guide. If you enjoyed it, we invite you to read also our other gold market analyses. This includes our free Fundamental Gold Reports as well as premium Gold & Silver Trading Alerts with clear buy and sell signals and weekly premium Gold Investment Updates. If you're not ready to subscribe to our premium services, a great way to check them out (also the premium services - free for 7 days!), is to sign up for our no-obligation free gold newsletter. We'll only ask to whom (just the first name) and to what e-mail address we should be sending our analyses. Sign up today.

Paul Rejczak
Stock Selection Strategist
Sunshine Profits: Analysis. Care. Profits.

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The gold futures contract gained 0.54% on Tuesday, as it retraced most of its Monday's decline of 0.58%. The price has been breaking above $1,750 mark recently. But it came back closer to $1,700 on Monday. Last Wednesday's FOMC Statement came out as a short-term game-changer. Stock prices reversed lower and gold spiked higher. However, it is still trading within a medium-term consolidation, as we can see on the daily chart:

Gold is trading 0.4% lower this morning. What about the other precious metals? Silver gained 1.45% on Tuesday and today it is 0.1% higher. Platinum gained 2.70% and today it is 1.4% lower. Palladium gained 0.5% yesterday and today it is trading 0.2% lower. So precious metals extend their short-term fluctuations this morning.

Yesterday's U.S. Retail Sales release with a reading of +17.7% has been much better than expected. But then the markets went lower following testimony from the Fed Chair Powell. Today we will have another round of Powell's testimony at 12:00 a.m.

Below you will find our Gold, Silver, and Mining Stocks economic news schedule for the next two trading days:

Wednesday, June 17

• 8:30 a.m. U.S. - Building Permits, Housing Starts
• 8:30 a.m. Canada - CPI m/m
• 12:00 a.m. U.S. - Fed Chair Powell Testimony
• 9:30 p.m. Australia - Employment Change, Unemployment Rate

Thursday, June 18

• 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary
• 8:30 a.m. Canada - ADP Non-Farm Employment Change, NHPI m/m, Wholesale Sales m/m
• 8:30 a.m. U.S. - Philly Fed Manufacturing Index, Unemployment Claims
• 10:00 a.m. U.S. - CB Leading Index m/m

Thank you for reading today's quick gold news guide. If you enjoyed it, we invite you to read also our other gold market analyses. This includes our free Fundamental Gold Reports as well as premium Gold & Silver Trading Alerts with clear buy and sell signals and weekly premium Gold Investment Updates. If you're not ready to subscribe to our premium services, a great way to check them out (also the premium services - free for 7 days!), is to sign up for our no-obligation free gold newsletter. We'll only ask to whom (just the first name) and to what e-mail address we should be sending our analyses. Sign up today.

Paul Rejczak
Stock Selection Strategist
Sunshine Profits: Analysis. Care. Profits.

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The gold futures contract lost 0.58% on Monday, as it retraced some of its last week's advance. The price has been breaking above $1,750 mark recently. But it came back closer to $1,700 yesterday. Last Wednesday's FOMC Statement came out as a short-term game-changer. Stock prices reversed lower and gold spiked higher. However, it is still trading within a medium-term consolidation, as we can see on the daily chart:

Gold is trading 0.2% higher this morning. What about the other precious metals? Silver lost 0.47% on Monday and today it is 0.1% lower. Platinum gained 0.33% and today it is 0.4% higher. Palladium lost 0.28% on Monday and today it is trading 1.2% higher. So precious metals are going sideways this morning.

The recent economic data releases have been confirming negative coronavirus impact on global economies. However, previous Friday's U.S. monthly jobs data along with Nonfarm Payrolls number have been positive.

Today we will get the important U.S. Retail Sales number at 8:30 a.m. and a Testimony from the Fed Chair Powell at 10:00 a.m. The Retail Sales number will likely be positive following last month's decline of over 16%. Expectations for the month of May are at around +8%.

Below you will find our Gold, Silver, and Mining Stocks economic news schedule for the next two trading days:

Tuesday, June 16

• 8:30 a.m. U.S. - Retail Sales m/m, Core Retail Sales m/m
• 9:15 a.m. U.S. - Industrial Production m/m, Capacity Utilization Rate
• 10:00 a.m. U.S. - Fed Chair Powell Testimony, Business Inventories m/m, NAHB Housing Market Index

Wednesday, June 17

• 8:30 a.m. U.S. - Building Permits, Housing Starts
• 8:30 a.m. Canada - CPI m/m
• 12:00 a.m. U.S. - Fed Chair Powell Testimony
• 9:30 p.m. Australia - Employment Change, Unemployment Rate

Thank you for reading today's quick gold news guide. If you enjoyed it, we invite you to read also our other gold market analyses. This includes our free Fundamental Gold Reports as well as premium Gold & Silver Trading Alerts with clear buy and sell signals and weekly premium Gold Investment Updates. If you're not ready to subscribe to our premium services, a great way to check them out (also the premium services - free for 7 days!), is to sign up for our no-obligation free gold newsletter. We'll only ask to whom (just the first name) and to what e-mail address we should be sending our analyses. Sign up today.

Paul Rejczak
Stock Selection Strategist
Sunshine Profits: Analysis. Care. Profits.

• Read more