
Same Line, Second Test: Gold and Silver Return to the 200-Day EMA
Macro Snapshot: The week ending July 10 unwound most of the recovery from the prior week. Gold gave back the

The 200-Day Test: Where the Bull Case for Gold and Silver Goes on Trial
Macro Snapshot: The week ending June 26 extended the precious metals selloff to a fifth consecutive week and pushed both

A Record Number of Central Banks Want to Buy More Gold: The Price Just Fell to a 4-Month Low
Macro Snapshot: Three events defined the week ending June 19, and they pointed in different directions. On Monday June 15,

The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran

Two Central Banks, Two Signals: Why the NFP Shock Hit Silver Harder Than Gold
Macro Snapshot: The week ending June 5 belonged to two central banks and one labour number. On Friday June 5,

Two Weeks, Two Divergences, One Mechanism: The Rupee is Rewriting Indian Gold
Macro Snapshot: Two weeks ago, the rupee crisis pushed MCX gold up 3.9% while COMEX gold fell 3.6%. The week

The Tariff Lag Effect: Why MCX Prices are Still Below
The week ending May 22 was the digestion week. After the policy shock of the previous week (the steepest gold

The Week the Indian Gold Market Changed: A Rupee Crisis Meets a Duty Shock
Macro Snapshot: The week ending May 15 was the most consequential week of the year for the Indian gold and