Gold Price Recap
The gold futures contract lost 0.48% on Monday, July 25, as it fluctuated following its Thursday’s-Friday’s rebound from the new medium-term low of $1,678.40. On Friday the market went above the $1,720 level and it was the highest since mid-July on weakening U.S. dollar, among other factors. This morning gold is trading slightly lower, as we can see on the daily chart (the chart includes today’s intraday data):
Fundamentals and Economic News Schedule
Investors will be waiting for today’s CB Consumer Confidence release at 10:00 a.m. and the important FOMC Rate Decision release tomorrow.
Below you will find our Gold, Silver, and Mining Stocks economic news schedule for the next two trading days.
Tuesday, July 26
- 9:00 a.m. U.S. – HPI m/m, S&P/CS Composite-20 HPI y/y
- 10:00 a.m. U.S. – CB Consumer Confidence, Richmond Manufacturing Index, New Home Sales
- 9:30 p.m. Australia – CPI q/q
Wednesday, July 27
- 8:30 a.m. U.S. – Durable Goods Orders m/m, Core Durable Goods Orders m/m, Goods Trade Balance, Preliminary Wholesale Inventories m/m
- 10:00 a.m. U.S. – Pending Home Sales m/m
- 2:00 p.m. U.S. – FOMC Statement, Federal Funds Rate
- 2:30 p.m. U.S. – FOMC Press Conference
Paul Rejczak
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
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Disclaimer
All essays, research and information found above represent analyses and opinions of Paul Rejczak and Sunshine Profits’ associates only. As such, it may prove wrong and be a subject to change without notice. Opinions and analyses were based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are believed to be accurate, Paul Rejczak and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Rejczak is not a Registered Securities Advisor. By reading Paul Rejczak’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Paul Rejczak, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.