| Commentary

Become a contributor

Bookmark Econotimes

| Commentary

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Gold recovers from previous day slide on stimulus hopes

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

Bank of Thailand keeps key policy rate on hold at 0.50 pct

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

FxWirePro: Daily Commodity Tracker - 21st March, 2022

Australian economic growth recovers strongly in Q3 2020

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.S. existing home sales rise above expectations in October

U.S. vehicle sales fall again in November

Swiss franc likely to gradually depreciate against euro in coming months

Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. Q3 economic growth unrevised in second estimate

©Econometrics LLC . All Rights Reserved.

Precious metals under pressure despite price-supporting news

Tuesday, August 4, 2015 9:12 AM UTC

The gold price is down this morning and trading below $1,090 per troy ounce. It found no support yesterday from the disappointing ISM index in the US.

This has further reduced expectations of the US Federal Reserve raising interest rates in anything like the near future. Robust coin sales also had no impact.

According to figures from the U.S. Mint, 170,000 ounces of gold coins were sold in the US in July, the highest monthly volume since April 2013.

Australia's Perth Mint also reported robust coin sales of a good 51,000 ounces in July. In addition, Turkey imported 14.3 tons of gold again last month, although these were the highest imports since November, they likewise did nothing to shore up prices, according to Commerzbank.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

FxWirePro- Ethereum Daily Outlook

FxWirePro: GBP/NZD pauses decline, downside risk remains

Gaza: what ceasefire negotiations tell us about how each side judges its progress in the war

America’s Roundup: Dollar mostly flat as market mulls inflation outlook ,Wall Street end mixed, Gold gains, Oil gains 1% on hopes of firmer demand

FxWirePro: EUR/AUD downside pressure builds, key support level in focus

FxWirePro:EUR/NZD hits two month low, more downside expected

Delays in western aid have put Ukraine in a perilous position

FxWirePro: GBP/AUD under pressure after early buying dries up

Gaza update: why neither ceasefire talks nor the Rafah offensive appear to be working

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Precious metals under pressure despite price-supporting news

Editor's Picks

Welcome to EconoTimes