Despite this year's rally in gold and silver, so far the western investor has mostly remained on the sideline. For most of the first half to he year there were outflows from the gold and silver ETFs. And retail details reported consistent selling, especially as the silver price crossed over $30.

Retail Gold, Silver Buying Picks Up After Stock Market Plunge

The gold price has just recorded a new record all-time high: $2,483 in the spot market on the night of July 17, 2024. Although this new record is a welcome development for precious metals investors, just within the last week a new signal has developed which may spell trouble for investors. This signal could suggest a significant top to develop soon in the gold price, so investors should monitor this developing situation closely.

Warning Signal for Gold & Silver Prices

LONDON (August 7) Gold prices are slightly better on Wednesday as traders attempt to establish new support at a key pivot of $2380.54. The major support remains the 50-day moving average at $2367.89. Investors are closely watching the Federal Reserve, anticipating a potential rate cut in September, which has stirred speculation about gold’s trajectory towards the record high of $2483.74 and possibly reaching the psychological $2500 level.

Gold (XAU) Price Forecast: Will Rate Cut Hopes Drive a Gold Rally to $2500?

The gold price is fully intact, technically, taking recent market volatility in stride. Gold is riding the 50 day moving average after working off overbought readings, comfortably maintaining its uptrends on all important time frames (I don’t consider in-week, and especially in-day stuff as particularly important). Daily through monthly? The gold price is trending up in the bull market that began in 2019 and began its next leg in February of this year.

The Gold Price is Taking It All in Stride

TheStreet

Stocks clawed back most of the losses from early in the week after five days of historic volatility on Wall Street.

Stock Market Today: Stocks mixed after rollercoaster week

CBS News

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  After a brief stabilization period, gold's record-breaking year is back. In March, gold prices hit an all-time high of $2,160 per ounce and then repeated the feat in April, surpassing the $2,259 mark for another milestone achievement. The price of gold then soared to $2,435 on May 20, before adjusting to spot prices around $2,300 in June. But then, just when it appeared that gold's price had stabilized, it jumped to $2,493 on July 17, its latest record-setting price in 2024....

When will gold prices hit $3,000 per ounce? Here's what experts think

GOBankingRates

The interesting thing about investing in raw materials is that there is a finite supply, which, according to Economics 101, should result in increasing prices. But other factors are at work, such as...

3 Types of Materials Like Gold Expected To Soar in Value By the End of 2025

Central banks across the world added more than 1,000 tonnes…. The price of gold decreased by 1% on Monday (5 August), falling below $2,400 per ounce (oz) for the first time since July. The metal appears to be caught up in a global market sell-off of raw metals. The spot...

Global market sell-off of metal caused the price of gold to fall by 1%

Markets Insider

"Over the last few days, we have been reminded that risk-off moves happen quickly and can come from seemingly out of nowhere," analyst Matt Dyer said.

Stock market today: US stocks edge lower after best day of the year as volatile week wraps up

Major U.S. stock indexes surged in afternoon trading Friday, as a volatile week of equities trading gets set to draw to a close. The Dow Jones Industrial Average was up 0.4% recent trading, while the Nasdaq Composite and S&P 500 were both up 0.7%. All three indexes closed sharply higher on Thursday, with the S&P 500 and Nasdaq recording their biggest one-day point gains since 2022, as the economic concerns that had roiled the market for the past week subsided after a benign weekly jobless claims report.

Dow Jones Today: Stocks Move Higher; S&P 500, Nasdaq Back in the Green for the Week

NEW YORK -- A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 climbed 1% to break a brutal three-day losing streak. It had tumbled...

Calm returns to Wall Street, and stocks bounce back after their worst drop in nearly 2 years

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

When I was about 7 years old, my friend Tommy and I decided we were going to dig a cave. We envisioned a massive cavern we could stand up in. It would be our secret fort. We went as far as digging a pretty deep hole in Tommy’s backyard.

The Trillion Dollar Coin: A Dumb Idea That Some Government People Take Seriously

960 The Ref

NEW YORK — (AP) — U.S. stocks are climbing Thursday after a better-than-expected report on unemployment eased worries about the slowing economy. The S&P 500 was rallying by 1.6% in morning trading, a day after a big early gain evaporated and flipped into a loss. The Dow Jones Industrial Average was up 510 points, or 1.3%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 1.8% higher.

Wall Street rallies, and Dow jumps 500 after an encouraging update on U.S. unemployment

Stocks were sent on a rollercoaster this week, with the S&P 500 enjoying its worst and best days since 2022 amid Monday's rout and subsequent rally.

Stock market today: Stocks end higher as investors claw back most losses after big rout

Declutterbuzz

More and more people are warming up to the idea that decluttering your physical possessions goes hand-in-hand with decluttering your mind aka mental clutter. The following is how a clear mind will help your decluttering goal.

How A Clear Mind Will Benefit Your Decluttering Goal

Global stocks are melting down. Here's five reasons driving the tech-led Black Monday.

Black Monday on Wall Street: 5 reasons stocks are plummeting

CBS Pittsburgh

Stocks in the U.S. plunged for a third consecutive trading day, with the Dow Jones Industrial Average tumbling more than 1,200 points, amid growing fears of an economic downturn sparked by a sharp slowdown in hiring and weakening consumer spending. The S&P 500 slid 129 points, or 2.4%, to 5,217 in early afternoon trading, while the tech-heavy Nasdaq Composite sank 2.9%. Investors are fleeing the Big Tech names that until recently had powered the U.S. market higher: Apple shed 4.2% while Meta fell about 2% in afternoon trading. Chipmaker Nvidia tumbled 5.6%.The Dow Jones Industrial Average tumbled 1,238 points in early...

Dow plunges more than 1,200 points amid U.S. recession fears

The market's benchmark volatility gauge, while in retreat, is still pegged at the highest levels in more than two years.

Stock Market Today: Stocks higher on jobs data as markets eye volatility wave

This is what could happen next to Micron Technology stock.

Analyst revisits Micron stock price target after presentation

NewsBreak

Bonds, Stocks, Gold, & Silver – Volatility On Display

The bond market seems convinced that interest rates are headed lower for now. The chart (source) below shows the price action for TLT (iShares Long-term Treasury...

Bonds, Stocks, Gold, & Silver – Volatility On Display

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