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Gold News Monitor: Euro Drops to Multi-Year Low
March 12, 2015, 10:53 AMThe euro plunged to a 12-year low against the U.S. dollar today. Why is the common European currency declining and what does its slide mean for the financial markets and gold prices?
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Gold News Monitor: Bank of England May Also Hike Interest Rates
March 11, 2015, 10:29 AMThe Fed may not be alone in the tightening of monetary policy. The analysts expect that the Bank of England is going to hike interest rates at the beginning of 2016. How will this action affect the gold market?
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Gold News Monitor: U.S. Dollar Hits Multi-Year Peak
March 10, 2015, 10:20 AMThe stronger than expected February job market report triggered speculation that the Fed is a bit closer to raising interest rates, which led to a surge in the U.S. Dollar Index. What does the multi-year peak of the greenback’s value mean for the global economy and the gold market?
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Gold News Monitor: February U.S. Nonfarm Payrolls Rise
March 9, 2015, 9:45 AMThe report on the employment situation was published on Friday by the U.S. Bureau of Labor Statistics. The total nonfarm payroll employment increased by 295,000 in February, while the unemployment rate fell to 5.5 percent. Is it necessarily bad news for the gold market?
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Gold News Monitor: Details of ECB’s QE
March 6, 2015, 8:04 AMThe main event in the market yesterday was Mario Draghi’s press conference. The ECB President unveiled some details about the coming bond-buying program. How can all this new information influence the gold market?
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