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What’s Next for Gold? 4 Factors That Could Trigger a Breakout

As we move into the second half of the year, you may be heading out on vacation, spending hot summer weekends at the pool, or grilling in your backyard. In the midst of the hot summer haze, gold is consolidating quietly around the $4,000 level after a several-month-long consolidation phase. If you follow precious metals,...

The post What’s Next for Gold? 4 Factors That Could Trigger a Breakout appeared first on Blanchard and Company.

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Gold, Silver Climb, Inflation Data Cools Fed Rate Hike Ideas

Gold and silver surged higher following news that consumer inflation eased in June. The drop in consumer inflation splashed cold water on ideas of a Federal Reserve interest rate hike in July, which is a positive factor for precious metals. Steady to lower interest rates tend to be supportive to precious metals, which don’t pay...

The post Gold, Silver Climb, Inflation Data Cools Fed Rate Hike Ideas appeared first on Blanchard and Company.

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