Gold Archives - Financial Mirror

Not a jobs report for optimists

By Craig Erlam There’s been a lot of talk this week whether investors have become too optimistic about interest rate cuts next year and Friday’s jobs report may have brought some crashing

8th December 2023

Markets/World

After new record, how high can gold go?

By Naeem Aslam Gold prices surged to a historic high of $2,100, marking a significant milestone before undergoing a notable correction. Traders are now scrutinising the recent price action, contemplating whether this

8th December 2023

Markets/World

Positive US data ahead of NFP, BoC holds

By Craig Erlam US stocks were off to a decent start again on Wednesday, buoyed by data that pointed to further weakness in the jobs market and additional disinflationary pressures. There’s no

7th December 2023

Markets/World

How sustainable is markets’ rally? PMI surprise

By Craig Erlam Equity markets in Europe and the US continued to edge higher on Tuesday despite many questioning whether investors are getting too carried away. The rally appears to be based

6th December 2023

Markets/World

Gold starts week above $2,000. What’s next?

By Naeem Aslam Gold started the week on a positive note with the price trading above the critical level of $2,000 widely considered as an important support level. The question that

28th November 2023

Markets/World

Relaxed start to the week, focus on OPEC+

By Craig Erlam It’s been a calm start to the week which isn’t entirely surprising given the lack of events on the calendar. That said, things are expected to pick up with

28th November 2023

Markets/World

Germany on brink of recession, UK confidence improves

By Craig Erlam A quiet end to the week with European indices treading water and economic data highlighting the challenges facing the bloc. Nowhere is that more evident than in Germany which

24th November 2023

Markets/World

Encouraging surveys from Europe, but a long way to go

By Craig Erlam Thursday was relatively slow in the markets, as you’d expect due to the US Thanksgiving bank holiday, but there were some releases and OPEC+ speculation that kept things interesting.

24th November 2023

Markets/World

BoE continues to push back against expectations

By Craig Erlam The Bank of England used its monetary policy report hearing to once more push back against market expectations on rate cuts next year. A lot of the comments echoed

22nd November 2023

Markets/World

BoE’s Greene pushes back against interest rate expectations

By Craig Erlam We saw a more muted session in financial markets on Thursday following a couple of days in which investors have been very encouraged by the economic data. Inflation figures

17th November 2023

Markets/World