Blog

What is Inflation and how can it affect us?

12/08/2022

Inflation translates as the increase in prices that occurs in goods or services during a certain period of time which causes a depreciation of the value of money which indicates that the higher the inflation, the fewer goods can be consumed with the same amount of money. This translates into a general increase in the prices of articles and...

Bulls Stirring The Pot

01/08/2022

The gold bulls are building on the 2% rally seen since the Federal Reserve raised rates by 75-basis points on Wednesday. The yellow metal is holding steady above the $1750 level as buyers have taken control in recent days. With spot prices now sitting just under $1764 per ounce, the bulls could rally the metal for a test...

Metals Set To See Big Move

29/07/2022

The gold market is weaker on Monday as the new trading week gets underway. The market appears to be picking up where it left off last week. The bulls are seemingly lacking any fresh, bullish catalysts to take prices higher. Investors are also a bit wary of this week's FOMC meeting announcement. It is widely expected that the...

The Bulls Are Building On Recent Gains

25/07/2022

The gold market is holding steady in early Monday action as the bulls look to build upon last week's positive momentum. The market is holding some minor gains even after the release of stronger-than-expected ISM Manufacturing data. In addition to some weak data seen last week, the gold bulls may also be seeing some benefit from a large amount...