March 18, 2019 -- Gold and silver prices ended last week’s trading nearly flat with gold edging a few dollars higher and silver down $0.04/oz. The equity markets once again shrugged off poor economic data and moved higher, drawing oxygen out of the precious metals markets. However, weakness in the U.S. dollar may have helped gold and silver hold their ground.

The Fed will be back in the headlines this week, as the FOMC meets for the second time in 2019. The Fed will almost certainly leave rates unchanged.

If central bankers continue signaling their intent to end the process of “normalization” (hiking rates back into a typical range), we should see another a boost to the metals.

Monthly reports on factory orders and housing will accompany the Fed in the financial news this week. Economists are hopeful for growth on both of those fronts.



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