LONDON (July 15) Gold prices are inching upward on Monday after reversing earlier gains, with the precious metal testing resistance near recent highs. Traders are closely monitoring U.S. Treasury yields and dollar movements while awaiting comments from Federal Reserve officials and crucial economic data. At 11:21 GMT, XAU/USD is trading...

Gold Prices: 93% Chance of September Fed Rate Cut Boosts XAU/USD

Any views expressed here are of the writer and do not reflect a house view from NASDAQ. Daily June average compared with daily average for 2023. Welcome to our monthly round-up of the LBMA OTC trading volumes in gold, silver, platinum and palladium, as recorded on a daily basis by the Association. These are split into spot, swap/forward, options and LoanLeaseDeposit (LLD) and give a flavour of the markets’ activity and how they were influenced by external forces and news items.

LBMA Precious Metals market volumes, June 2024, and their significance

FXDailyReport.com

Gold futures firmed above $2,400 to start off the trading week, with the yellow metal joining the broader market rally. Gold prices have been gaining renewed momentum in recent sessions, adding to their year-to-date increase. Can the precious metal sustain the momentum?. August gold futures rose $7.40, or 0.31%, to...

Gold Firms Above $2,400 As Markets Brace for Jerome Powell Speech

The Associated Press

Asian stocks were mixed on Tuesday as investors grappled with the weak economic data from China and waited to see the outcome of a top Communist Party policy meeting in Beijing. U.S. futures rose while oil prices fell. Japan’s benchmark Nikkei 225 rose 0.6% to 41,399.72 after reopening from a holiday. Hong Kong’s Hang Seng index declined 1.5% to 17,747.65 and the Shanghai Composite index fell 0.4% to 2,963.25. 

Stock market today: Asian stocks are mixed after Dow sets a new record

Canadian miner Barrick Gold’s second-quarter gold output edged up by almost 0.9% from the previous three months, helped by higher production at Turquoise Ridge in Nevada and expansion at its Porgera mine in Papua New Guinea, it said on Tuesday. The Porgera mine was placed on care and maintenance...

Barrick’s quarterly gold and copper output edges higher

CBS News

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  Gold has achieved multiple record prices so far in 2024. In March, the spot price hit a record $2,160 per ounce price. Not long after, gold's price hit an all-time high at $2,265 per ounce to kick off April. More recently, gold peaked at $2,435 on May 20, a new milestone. Overall, gold futures are up nearly 13% so far this year.Since late May, though, gold prices have begun to settle. In June, the spot price of gold hovered...

Have gold prices peaked for 2024? Here's what experts say

In this compelling conversation with Tom Bodrovics of Palisades Gold, VON GREYERZ partner, Matthew Piepenburg, bluntly dissects the empirical realities from the main stream fantasies regarding the risk-asset and economic narratives making the current headlines. He touches upon risk asset facts, the deep implications of debt-to-GDP levels globally, the real rather than sensational consequences of ongoing de-dollarization and the now undeniable fact that gold is replacing the UST as a global reserve asset.

Why Gold Is Intentionally Misunderstood

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

The Motley Fool

The S&P 500 is near its all-time high, but not all stocks are in the same boat.

2 Magnificent Stocks to Buy That Are Near 52-Week Lows

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

This week, the Dow Jones closed short from making a new all-time high by only $3.60, or only 0.01% from a new BEV Zero in its Bear’s Eye View chart below. Don’t worry, I expect we’ll see the Dow Jones making more than just one new all-time high in the weeks to come.

Since November, the XAU and Silver Lead the Pack

ABC News

The S&P 500 has climbed nearly 15% this year.

Where is the stock market headed in the 2nd half of 2024?

Reuters

LONDON (Reuters) - China's copper scrap imports have soared due to shortages of concentrate that is processed into refined metal used in the power and construction industries, but record high prices mean U.S. shipments are likely to pause.

Record copper prices likely to pause U.S. scrap shipments to China

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Emily Standley Allard

For centuries, the notion of psychic abilities has fascinated and perplexed humanity. From clairvoyance to premonitions, whispers of extraordinary perception linger within many cultures. Interestingly, astrology suggests that certain zodiac signs may be more predisposed to intuitive gifts and psychic tendencies. Let's explore which signs resonate with these otherworldly skills.

Psychic Abilities and the Zodiac: Which Signs Have the Sixth Sense?

Pennsylvania State

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Bucks County Beacon

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

Markets Insider

Bitcoin's 10% sell-off since June 7 signals a warning for the broader stock market. Stifel strategist Barry Bannister highlighted a strong correlation between bitcoin and the Nasdaq 100. Bannister said he expects a summer correction in stocks, influenced by higher-for-longer interest rates. Bitcoin's 10% sell-off since June 7 is sending...

Bitcoin is sending a warning that the stock market is about to sell off, Stifel says

Investing.com-- Gold prices rose in Asian trade on Tuesday, coming within sight of new highs amid increased bets that the Federal Reserve will begin cutting rates from September. But gains in gold were limited by some resilience in the dollar, as increased speculation that Donald Trump will win a second...

Gold prices rise, close to record highs as rate cut bets mount

The precious metal climbed over $2,465 on Tuesday, eclipsing its record high reached in May. Hopes for a September rate cut are sending gold higher, JPMorgan said. Bets on a Trump presidency are also helping the precious metal climb. The price of gold pushed past its all-time high on Tuesday,...

Gold price hits an all-time high as bets on rate cuts and a Trump win fuel the precious metal

The spot price of gold hit $2,465.65 per ounce Monday afternoon, a record high. The increase comes as markets are pricing in a high likelihood of potential interest-rate cuts from the Federal Reserve starting in September. Lower rates are sometimes viewed as bullish for gold. Gold has been one of...

Gold Prices Hit Record Level With Rate Cuts Seen Looming

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  The price of gold has hit several new milestones in 2024, the most recent of which was a new record high of $2,435 per ounce in late May. Although the price of gold has fallen in recent months — today's price (as of July 12, 2024) is about $2,404 per ounce — it's still up around 15% year-to-date. As a result, this has led to an uptick in interest by investors who want to protect their portfolios and rake...

Investing in gold? Experts say to avoid these 4 options

NewsBreak

Navigating Inflation and Precious Metals: Insights from David Morgan on Gold, Silver, and Platinum Markets

In a recent episode of the Money Metals Podcast, host Mike Maharrey interviewed David Morgan, a renowned precious metals analyst and founder of the Morgan Report....

Navigating Inflation and Precious Metals: Insights from David Morgan on Gold, Silver, and Platinum Markets

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