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Gold and Silver Reloaded for New Highs

Market Rundown | Gold, silver and the macro tape for Tuesday, September 8

Housekeeping: Good Morning


Featured Analysis:

Bloomberg Says: Gold ETF Flows and CB Buying Set Stage for New Highs

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Sep 8
Bloomberg Says: Gold ETF Flows and CB Buying Set Stage for New Highs

Gold and silver are reloading for another run as ETF inflows and central-bank demand strengthen, leaving the dollar as the final obstacle to fresh three-month highs.


In Other News:


Data on Deck: CPI

MONDAY, SEPTEMBER 7

  • Labor Day, US markets closed

TUESDAY, SEPTEMBER 8

  • 6a NFIB Index of Small Business Optimism (Aug.) (prev 99.8)

  • 3p Consumer Credit (Jul.) (prev 14.2B)

WEDNESDAY, SEPTEMBER 9

  • No major US releases

THURSDAY, SEPTEMBER 10

  • 8:30a Weekly Jobless Claims (Sept. 5) (prev 206K)

  • 8:30a PPI (Aug.) (prev 0%)

  • 8:30a Ex-Food & Energy PPI, M/M% (Aug.) (prev 0.2%)

  • 8:30a PPI, Y/Y% (Aug.) (prev 4.7%)

  • 10a Monthly Wholesale Trade (Jul.) (prev 0.2%)

  • 10a Existing Home Sales (Aug.) (prev 4.1M)

FRIDAY, SEPTEMBER 11

  • 8:30a CPI (Aug.) (prev 0.1%)

  • 8:30a Core CPI, M/M% (Aug.) (prev 0.2%)

  • 8:30a CPI, Y/Y% (Aug.) (prev 3.4%)

  • 8:30a CPI Core, Y/Y% (Aug.) (prev 2.5%)

  • 10a U. Michigan Prelim Consumer Survey (Sep) (prev 51)

  • 2p Monthly Treasury Balance (Aug.) (prev -432B)


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