{"id":1757,"date":"2022-09-18T04:41:31","date_gmt":"2022-09-18T04:41:31","guid":{"rendered":"https:\/\/prendergast.net\/?p=1757"},"modified":"2022-09-18T04:41:31","modified_gmt":"2022-09-18T04:41:31","slug":"golds-week-in-the-red-but-is-silver-flashing-buy-signal","status":"publish","type":"post","link":"https:\/\/prendergast.net\/?p=1757","title":{"rendered":"Gold&#8217;s week in the red but is silver flashing &#8216;buy signal&#8217;?"},"content":{"rendered":"<div id='post-thumb'><img alt='' src='https:\/\/markethive.com\/uploads\/david-ogden\/images\/blog_341407.gif' style='height:1px; width:1px' \/><\/div>\n<h1>Gold&#39;s week in the red, but is silver flashing &#39;buy signal&#39;?<\/h1>\n<p><iframe loading=\"lazy\" frameborder=\"0\" height=\"329\" src=\"https:\/\/www.youtube.com\/embed\/V_RLlZPFEpg\" title=\"Gold's week in the red, but is silver flashing 'buy signal'?\" width=\"730\"><\/iframe><\/p>\n<p>Gold saw a volatile $80 move this week, hitting the lowest levels since April 2020.<\/p>\n<p>The latest macro data &mdash; hot inflation and better-than-expected retail sales &mdash; are giving the Federal Reserve leeway to continue aggressively raising rates. This is pushing the U.S. dollar and Treasuries up and gold down.<\/p>\n<p>Here&#39;s a look at Kitco&#39;s top three stories of the week:<\/p>\n<p>3. Gold price hits 2020 pandemic lows as Fed rate hike expectations weigh heavily on precious metal<\/p>\n<p>2. Silver&#39;s &#39;buy signal&#39; and why it is a good idea to hold commodities in recession, Goehring &amp; Rozencwajg weighs in<\/p>\n<p>1. Cathie Wood says Fed is making a mistake as calls for 100bps hike grow, Elon Musk confirms warning<br \/>\n&nbsp;<\/p>\n<p>By Anna Golubova<\/p>\n<p>For Kitco News<\/p>\n<p><strong><a href=\"https:\/\/kms.kinesis.money\/signup?referrer=KM13461268\">Time to buy Gold and Silver on the dips<\/a><\/strong><\/p>\n<p><\/p>\n<p>Tim Moseley<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold&#39;s week in the red, but is silver flashing &#39;buy signal&#39;? Gold saw a volatile $80 move this week, hitting the lowest levels since April 2020. The latest macro data &mdash; hot inflation and better-than-expected retail sales &mdash; are giving the Federal Reserve leeway to continue aggressively raising rates. This is pushing the U.S. dollar &hellip; <a href=\"https:\/\/prendergast.net\/?p=1757\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Gold&#8217;s week in the red but is silver flashing &#8216;buy signal&#8217;?<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[290,621],"_links":{"self":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/1757"}],"collection":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1757"}],"version-history":[{"count":0,"href":"https:\/\/prendergast.net\/index.php?rest_route=\/wp\/v2\/posts\/1757\/revisions"}],"wp:attachment":[{"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prendergast.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}