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Gold braces for labor market week as investors eye manufacturing, jobs data
Gold and silver head into the new week with investors focused squarely on the health of the U.S. economy and labor market, as a busy calendar of economic data releases could significantly influence expectations for Federal Reserve policy. Bullion prices were supported this week by ongoing uncertainty surrounding economic growth and the path of interest rates. Gold continued to benefit from safe-haven demand and central bank buying trends, while silver traded with a mix of monetary and industrial influences, responding both to precious-metals sentiment and expectations for economic activity. The coming week's data ... (full story)
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Iran must agree that they will never have a Nuclear Weapon or Bomb. The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions. All water mines (bombs), if any, will be terminated (we have removed, through detonation, numerous such mines with our great underwater mine sweepers. Iran will complete the immediate removal and/or detonation of any mines that are left, which will not be many!). Ships caught in the Strait due to our amazing and unprecedented Naval Blockade, which will now be lifted, may start the process of “heading home!” Say HELLO to your wives, husbands, parents, and families from me, your favorite President! The enriched material, sometimes referred to as “Nuclear Dust,” which is buried deep underground with virtually collapsed mountains, caused by our powerful B2 Bomber attack 11 months ago, sitting on top of it, will be unearthed by the United States (which, it is agreed, is the only Country, along with China, with the mechanical capability of doing so!), in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency, and DESTROYED. No money will be exchanged, until further notice. Other items, of far less importance, have been agreed to. I will be meeting now, in the Situation Room, to make a final determination. Thank you for your attention to this matter! President DONALD J. TRUMP
US Commodity Futures Trading Commission data showed net non-commercial gold positions easing to 154.3k from 159.8k in the previous period. The move points to a modest reduction in speculative length as the reporting week progressed. The latest reading implies a decline of 5.5k contracts over the week. The figures capture positioning in CFTC-regulated ...
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