Today begins the January FOMC meeting, a meeting where no rate cut moves are expected but plenty of verbal mutterings from Jerry are expected. However, before we can get to tomorrow's press conference, we must deal with some important economic data like today's JOLTS report.
So, Happy Tuesday, everyone. The day has begun with another reasonably string overnight session for the PMs but, once the Comex opened, something unusual happened...CDG began to move higher. Yes, higher. That's not a typo. In fact, just before the 10:00 ET release of the latest JOLTS data, Apr24 Comex gold...