JJP News and Press, iPathA Series B Bloomberg Precious Metals Subindex Total Return ETN From 05/11/23

2023-05-11 00:35:00 ET Summary Gold reached a yearly high in April; a Fed pause may be gold positive, potentially driving gold even higher. Gold continued its trend higher in April. It reached a yearly high of $2,048 per ounce on April 13, which coincided with the U.S. dollar ...

2023-05-10 10:40:00 ET Summary Trading at record highs recently, gold’s allure is back in vogue as various macro risk factors provide a tailwind. Gold’s economic value – in comparison to, say, oil or copper – is virtually nil. But the lion’s ...

2023-05-07 08:22:00 ET Summary Demand from central banks experienced significant growth during the quarter. Bar and coin investment gained 5% y/y to 302t, concealing some large regional variations. Modest growth in both mine production (+2%) and recycling (+5%) led to a margin...

2023-05-06 07:15:00 ET Summary Gold is trading near an all-time high amid a decline in US bond yields and the dollar. And the precious metal's momentum remains to the upside. Fed policy will be key for gold over the medium term. By Ewa Manthey , Commodities Str...

2023-05-05 18:00:00 ET Summary In 5 days, the COMEX has seen 4,190 contracts open and stand for immediate delivery. Net new contracts are contracts that open after the delivery month begins and stand for immediate delivery. The gold price is taking a breather after a strong we...

2023-05-03 02:45:00 ET Summary The latest JOLTS report, issued on May 2, continued the trend of declining and tightening labor market conditions. The impact of this report on COMEX gold and silver prices was immediate. Prior to the report, Jun23 COMEX gold was trading near $1995. ...

2023-05-02 03:30:00 ET Summary For the first quarter, gold rose 8.2% and silver was basically flat for the quarter but rose 15.6% in March. The mining stocks, generically using the GDX ETF as a proxy, rose 12.2%. As the world shifts away from using the dollar as a reserve currency...

2023-05-01 06:30:00 ET Summary Gold is facing a healthy consolidation after a strong rally during March and early April. The market has gone very quiet over the last 3 weeks with little movement from any of the parties. Net positioning in silver has rebounded but not as much a...

2023-05-01 05:05:00 ET Summary What’s up with this foursome? Treasuries and gold maybe, but Nasdaq and Bitcoin do not compute. Historically, gold is not a glistening investment. We have seen the infatuation with tech before, and it has not ended well. Bad recol...

2023-04-30 05:25:00 ET Summary Silver has seen a relatively weak delivery to start the action in May. While this could be considered disappointing to some who were looking for fireworks, a look beneath the surface shows that all is not well. May silver is a minor month, but it loo...