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Metals traders are conflicted as to direction. A Fed March rate hike is certainly not baked into the market and should push metals lower if it occurs.
Read moreEuropean stocks continued to advance Thursday as solid corporate earnings and better-than-expected full year economic data from Germany boosted risk sentiment in a week that has been dominated by political uncertainty.
Read moreGold prices had been struggling and trading roughly $3.00 lower this morning.
Read more(Kitco News) -The U.S. dollar is seeing some renewed momentum but this could have limited impact on gold price in the near-term, according to some analysts.
Read moreGold prices were modestly lower in late U.S. trading Wednesday. The just-released FOMC minutes said the Fed should probably raise interest rates soon
Read more(Kitco News) – Gold prices are holding steady but remain in solidly negative territory on the day as the Federal Reserve keeps its plans for the trajectory of interest rate hikes to itself.
Read more(Kitco News) – With the Federal Reserve shedding little light on its trajectory of rate hikes, the market has found a new obsession, which should be good for gold, according to one portfolio analyst.
Read moreGold prices in late-morning action have lost their mild early advances and are trading modestly lower.
Read more(Kitco News) – Gold prices are relatively unchanged changed, shrugging off positive U.S. housing data as U.S. existing home sales saw strong gains last month, according to the latest data from the National Association of Realtors (NAR).
Read moreGold is remaining bid even though the U.S. economy has performed well and markets expect the Federal Reserve to tighten interest rates this year, says TD Securities.
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