Arkadiusz Sieron

ECB Changed Monetary Strategy: Will It Alter Gold’s Course?
Author Arkadiusz Sieron | Published by Goldbroker ™ | Jul 11, 2021 | Articles 841

It seems that gold is reacting now more to the decrease in the bond yields rather than to the changes in the US or EU monetary policies. As long as the interest rates are declining, gold is catching its breath. But this decrease may be temporary, so better watch out! Powell’s testimonies to Congress next week could provide us with more clues about gold’s outlook.

Read this article

Credit Spreads Declined Unprecedentedly: Will Gold Follow?
Author Arkadiusz Sieron | Published by Goldbroker ™ | Jun 29, 2021 | Articles 1462

There are several important factors affecting gold prices. Many analysts focus mainly on the US dollar and real interest rates. However, what is sometimes even more important is economic confidence. Of course, the level of economic confidence is partially reflected in the strength of the greenback and the bond yields. However, I would like to focus today on credit spreads, an often overlooked indicator of economic confidence.

Read this article

Gold Surpasses $1,900. What’s Next?
Author Arkadiusz Sieron | Published by Goldbroker ™ | May 25, 2021 | Articles 1725

The US monetary policy is loose, and real interest rates are still in negative territory. The fiscal policy remains very easy, and the public debt is high. Inflation is huge and rising. And there is also an issue of depreciation of the greenback. The Fed’s easy stance, low interest rates and high inflation weaken the US dollar, supporting gold prices.

Read this article