Gold: $1,329.000.40 Silver: $16.480.03

Gold is having its worst streak of daily losses in 42 years

Gold has been under pressure. The expectation that the Federal Reserve may raise interest rates this year appears to be reducing demand for gold, according to Barclays. And gold prices could head even lower, given the strong US macroeconomic environment, which only increasingly forces the Fed’s hand to hike interest rates. Near noon, gold was […]

Stocks swing as U.S. economy stutters

Stocks are gyrating like an acrobat, reflecting the mixed readings on the U.S. economy, concerns over the strengthening U.S. dollar and uncertainty about the timing of interest rate hikes by the Federal Reserve. The “colossal amount of volatility is tied to, but not exclusively so, to the strength in the U.S. dollar,” Jim Russell, portfolio […]

Dollar.com: Surging greenback resembles .com stock

The dollar is on a tear, rising nearly 25% in the past year. Its meteoric rise prompted one Wall Street firm to dub it “Dollar.com,” as its uptrend is akin to an Internet stock back in 2000. In a report issued to clients this afternoon, Bespoke Investment Group noted that the dollar index’s 23.4% rise […]

7 Signs That A Stock Market Peak Is Happening Right Now

Is this the end of the last great run for the U.S. stock market?  Are we witnessing classic “peaking behavior” that is similar to what occurred just before other major stock market crashes?  Throughout 2014 and for the early stages of 2015, stocks have been on quite a tear.  Even though the overall U.S. economy […]

Dow suffers biggest point drop in 5 months

Fed nervousness pushes dollar to multiyear highs against rivals     NEW YORK (MarketWatch) — The Dow Jones Industrial Average suffered its worst one-day point drop in five months as investors began pricing in a rate hike by the Federal Reserve by the middle of the year, while other central banks are embarking on a […]

Silver and Gold: Shelter From the Storm

What storm?  The stock and bond markets in the US are doing great, the media has sold the strong employment story, and all those nasty wars are far, far away. So the top few percent are doing well and are sheltered from the storm, but what about the rest of us?  What storms are pounding […]

Gold futures settle at lowest level since November

Dollar rally helps dull demand for gold SAN FRANCISCO (MarketWatch) — Gold futures on Tuesday took a hit from a rally in the U.S. dollar, with prices for the precious metal logging their lowest settlement since November. Concerns over the prospects of rising U.S. interest rates pushed the dollar DXY, +0.85% to multiyear highs, weighing […]

Gold drops to three-month low on dollar, U.S. rate expectations

(Reuters) – Gold fell almost 1 percent to a three-month low on Tuesday as the dollar rose to a near 12-year peak versus the euro on renewed expectations of a mid-year hike in U.S. interest rates. Spot gold dropped to its lowest since Dec. 1 at $1,155.60 an ounce in early trade, and was down […]

Gold steadies as dollar pauses but further weakness seen

Gold holds near lowest since December Strong U.S. payrolls raise bets for earlier Fed rate hike Greece to meet with experts on emergency financing Wednesday Chinese premiums tick up to $6/ounce (Updates prices, adds comment) By Marcy Nicholson and Clara Denina NEW YORK/LONDON, March 9 (Reuters) – Gold steadied on Monday as the dollar rally […]

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