Gold News

Forecast for the Gold Price: XAU/USD drops below $1,700 on anticipation of US Retail Sales

After shattering a support line that had held for two months, the gold price has continued to decline and is now within striking distance of an annual low. The XAU/USD bears are optimistic due to firmer yields and worries about China. The US retail sales report is being anticipated with caution after lower than expected CPI and PPI failed to calm hawkish Fed predictions.

Gold News

What Does the Global Energy Crisis Imply for the Metals?

The world is experiencing the very first Global Energy Crisis. In the 1970s, there was an Oil Crisis; presently, there is an Oil Crisis, Natural Gas Crisis, Coal Crisis, and Electricity Crisis simultaneously.