Will gold climb out of the Fed meeting?
Wednesday’s Federal Reserve meeting will also be a meeting where the Fed outline their dot plot on rate projections.Â
Gold
Gold prices to rise into US CPI?Â
Gold prices are in a major focus right now ahead of the US CPI print due to be released on Wednesday at 1:30 UK time. Gold is extremely sensitive to US interest rate expectations and dollar moves. This has meant…
Gold’s turn of the month buy bias
The case for buying gold has been increasing over the last couple of weeks due to increased expectations that the Federal reserve will need to stop hiking interest rates as US economic activity show signs of slowing down.
Will gold now find some technical and seasonal support?
The recent narrative has been a tough headwind for gold as bonds continued their sell off on the first two weeks of August. Expectations of higher rates needed for longer needed to deal with stickier inflation has been the driver.…
Can gold gain through August?
On average gold has gained 1.87% through the month of August. The months of July and August tend to be strong for gold seasonally and the appeal of gold could be set to grow further over the coming months. Gold…
Is the Fed set to send gold higher?
Short term interest rate markets are pricing in nearly a 100% chance of a Fed hike on Wednesday this week when the Fed meet. Interest rates are expected to rise to 5.375% from 5.125%.
Gold seasonals favour selling out of the US Core PCE printÂ
The recent falls in gold have occurred after constant Fed messaging that two rate hikes seems the likely option this year. Higher rates and a stronger USD is a natural headwind for gold. However, the Fed is also data dependent…
Can a hawkish Fed send gold down to $1900?
On Wednesday the Federal Reserve meet and STIR markets currently see around a 1 in 4 chance that they will hike by 25bps. A key part of the Fed meeting will be their messaging. Will they, like the BoC and…
Gold dips still worth buying?
Gold has been pressured recently on USD gains, and rising real yields. This has resulted in gold pulling back recently from recent highs and moving back towards key daily support levels.  Many analysts are expecting the case to remain…
Gold to rise into the US CPI print?
On Wednesday May 10 we have US inflation data out and the market is at an interesting point right now. The USD has been weakening after the Federal Reserve meeting this week on expectations that the Fed has finished their…