Articles by: Miroslav Marinoff

Silver settles near record high, posts monthly gain

Spot Silver settled near fresh record high of $56.78/oz. on growing expectations of an interest rate cut by the Federal Reserve next month. Fed Governor Christopher Waller said on Monday that the US job market was weak enough to warrant another 25 basis point rate cut in December. And, New York Fed President John Williams […] Read more

Spot Gold hits two-week high, heads for fourth monthly gain

Spot Gold extended gains to a fresh two-week high of $4,193.26/oz. on Friday and was on course for its fourth consecutive monthly advance on growing expectations of an interest rate cut by the Federal Reserve next month. Fed Governor Christopher Waller said on Monday that the US job market was weak enough to warrant another […] Read more

Spot Silver pulls back from fresh two-week high

Spot Silver pulled back from a two-week high of $53.91/oz. on Thursday on likely profit taking. Market participants weighed the possibility of an interest rate cut by the Federal Reserve next month amid contrasting signals from Fed officials. Fed Governor Christopher Waller said on Monday that the US job market was weak enough to warrant […] Read more

Spot Gold eases from two-week peak on profit taking

Spot Gold eased slightly on Thursday on likely profit taking after the yellow metal reached a two-week high of $4,173.50/oz. in the prior trading session. Market participants weighed the possibility of an interest rate cut by the Federal Reserve next month amid contrasting signals from Fed officials. “What they’re looking to do is take profits […] Read more

Silver hits new 1-week high as investors ramp Fed cut bets

Spot Silver rose to a fresh one-week high of $52.46/oz. on Wednesday, as delayed US macro data added to expectations of an interest rate cut by the Federal Reserve next month. US retail sales grew 0.2% month-over-month in September, falling short of market forecasts and following a 0.6% growth in August. This suggested a deceleration […] Read more

Gold scales 2-week high on bolstered Fed rate cut bets

Spot Gold extended gains to a two-week high of $4,169.58/oz. on Wednesday, as delayed US macro data added to expectations of an interest rate cut by the Federal Reserve next month. US retail sales grew 0.2% month-over-month in September, falling short of market forecasts and following a 0.6% growth in August. This suggested a deceleration […] Read more

NZD/MYR hovers above 14 1/2-year low, focus on RBNZ

The NZD/MYR currency pair hovered above a 14 1/2-year low of 2.3096 on Tuesday ahead of the outcome of the RBNZ’s policy meeting on November 26th. The Reserve Bank of New Zealand is expected to reduce its official cash rate by 25 basis points to 2.25% at its November meeting. In October, the RBNZ delivered […] Read more

NZD/CHF holds near 2-week high ahead of RBNZ meeting

The NZD/CHF currency pair held in proximity to a 2-week high of 0.4544 on Tuesday ahead of the outcome of the RBNZ’s policy meeting on November 26th. The Reserve Bank of New Zealand is expected to reduce its official cash rate by 25 basis points to 2.25% at its November meeting. In October, the RBNZ […] Read more

Spot Silver hits one-week high on dovish Fed remarks

Spot Silver surged to a fresh one-week high of $51.76/oz. on Tuesday, as remarks by Federal Reserve policy makers renewed prospects of an interest rate cut next month. Fed Governor Christopher Waller said on Monday that the US job market was weak enough to warrant another 25 basis point rate cut in December. Yet, policy […] Read more

Gold touches 1 1/2-week high on renewed Fed rate cut prospects

Spot Gold extended gains to an over one-week high of $4,155.90/oz. on Tuesday, as remarks by Federal Reserve policy makers renewed prospects of an interest rate cut next month. Fed Governor Christopher Waller said on Monday that the US job market was weak enough to warrant another 25 basis point rate cut in December. Yet, […] Read more