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  • Silver Price Forecast – Silver Markets Sliced Through Support

    From fxempire.com

    Silver markets have fallen during the trading session on Friday as the jobs number came out much hotter than anticipated, with America adding over 500,000 jobs during the month of July. We now have to pay close attention to the Federal Reserve and whether or not they continue to tighten monetary policy, which ironically enough they have been begging Wall Street to pay attention to that reality all week. Now that we have gotten this news, it looks like Wall Street has gotten the message. That being said, we are still in a downtrend, to begin with, so we need to pay close attention to that. For what it’s worth, we ... (full story)

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    U.S. treasuries sink as jobs fuel rate-hike bets

    From bnnbloomberg.ca|Aug 5, 2022

    Treasuries sank after data showed a booming labor market that might prompt the Federal Reserve to raise rates sharply at its next meeting. The two-year Treasury yield jumped ...

    Copper extends recovery as global recession fears abate

    From brecorder.com|Aug 5, 2022

    Copper extended its rebound on Friday as fears of a global recession eased and investors focused on low inventories and threats to supply. Three-month copper on the London Metal ...

    Wall Street Reacts To Today's "Phenomenally Strong" US Jobs Report

    From zerohedge.com|Aug 5, 2022|1 comment

    We already know how the markets have responded to this morning's "good news" in the jobs data - rate-hike expectations soaring, bonds, stocks, and bullion crushed as the dollar ...

    •   Newer Stories
    US, Perth mints see renewed demand for gold bullion; Aussie silver shines bright

    From kitco.com|Aug 5, 2022

    Recession fears and the ongoing inflation threat prompted retail investors to jump back into the gold market as two major global mints reported increases in their gold and silver ...

    CFTC Charges Nevada Metals Trader with Spoofing in Gold and Silver Markets

    From cftc.gov|Aug 5, 2022

    The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the District of Nevada against Daniel Shak of Las Vegas, Nevada, ...

    Copper price rises on US jobs data

    From mining.com|Aug 5, 2022

    The copper price rose on Friday following a US jobs report that provided both good and bad news for investors. US employers added hundreds of thousands more jobs than expected ...

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  • Story Stats
  • Posted: Aug 5, 2022 1:35pm
  • Submitted by:
     Newsstand
    Category: Technical Analysis
    Comments: 0  /  Views: 54
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    CFTC Charges Nevada Metals Trader with Spoofing in Gold and Silver Markets
    From cftc.gov|Aug 5, 2022
    US, Perth mints see renewed demand for gold bullion; Aussie silver shines bright
    From kitco.com|Aug 5, 2022
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