Here is the latest data of the largest gold holders by the end of 2017 in metric tons. The Nr.1 is still United States with 8,133.5 tons of gold, followed by Germany in 2nd place with 3,373.6 tons of gold and International Monetary Fund (IMF) with 2,814.0…

The Federal Reserve has raised interest rates for the sixth time since the Financial Crisis and signaled that at least two additional rate hikes are coming in 2018. The central bank announced an increase in its benchmark interest rate target range by…

The Swiss National Bank (SNB) is maintaining its expansionary monetary policy, with the aim of stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the…

At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40%…

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.  At its meeting ending on 7 February 2018, the MPC voted unanimously to maintain Bank…

On August 02. we have analyzed the eur/usd and showed potential target for the end of 2017, as well as the support under which the euro will not go any more in 2017. Six months latter, you can see how everything developed in the most important currency…

Gold opened 2017 at 1250 and in the same week reached low of the year at 1246. During the middle of the year, 1300 and 1200 was levels of resistance and support, after which gold reached a top of the year at 1357 on September 08. The fall has started…

For 8 trading days in a row the buyers are reaching the new high on gold, slowly breaking the resistance level at 1260/65 and reaching the new one at 1272 today. Is this all for 2017 or they will push the precious metal even higher, we will see, but it…