“The brains of humans and other animals contain a mechanism designed to give priority to bad news,” former Nobel Prize-winning economist Daniel Kahneman once said. For Brits, this mechanism has been taking a beating in recent months. The Bank of … Continue reading →

Gold and silver prices are solidly lower in early U.S. trading Tuesday following a surprisingly hotter-than-expected inflation report that reinforces notions the Federal Reserve will keep its aggressive monetary policy tightening stance. October gold was last down $20.10 at $1,710.90 … Continue reading →

Gold and silver prices are higher in early U.S. trading Friday, lifted by a sharp overnight drop in the U.S. dollar index. The USDX has come well off its overnight low and that has dropped the two precious metals from … Continue reading →

Gold and silver prices are lower in midday U.S. trading Thursday, with gold hitting a six-week low and dropping below the key $1,700 level. Silver today scored a more-than-two-year low. Falling crude oil prices, a strong U.S. dollar index and … Continue reading →