Sept. 25th will see the release of the latest of the Queen's Beasts series, the highly-anticipated Unicorn of Scotland. This series is one of the newest available on the market, with its first release as recent as 2016. Honoring over 500 years of British monarchy and history, this release features an exciting new update to the design.
This week is all about the two-day meeting of the Federal Open Market Committee, which starts on Tuesday. The Fed will release a policy statement summary of economic projections and a press conference with Fed Chair Janet Yellen.
Exactly 16 years ago today, let us rewind back to the September 11, 2001, terrorist attacks to examine the price action in gold from a technical basis.
The most important news for precious metals investors was the price increase of gold in Japanese yen terms. Gold price broke above its 2016 high level.
Summer slow time of year for most of the financial markets is over.The strong seasonal period begins in August and continues through September.
Gold has now made its most legitimate breakout attempt - and furthermore, it has sustained the breakout for two full weeks.
You can see that yen and gold have been highly correlated since 2011, moving closely in tandem during both corrections and surges nearly six years.
How is JPY/USD related to gold? The similarity between these two charts is striking. Our article offers a direct comparison between JPY/USD and Gold.
It is important for investors to follow the valuation of the US dollar because when the dollar sees periods of decline investors seek safety in gold.