Gold Sees Modest Gains In Wake Of Mildly Dovish FOMC Statement
Gold prices were trading slightly lower in afternoon trading Wednesday.
Read moreGold Rises As Fed Keeps Rates Steady, Says Will Unwind Balance Sheet ‘Relatively Soon’
The Federal Reserve kept interest rates unchanged, which was widely expected. The rate remained in a range between 1% and 1.25%.
Read moreRelax, The Dollar’s Bull Market Is Still Intact – BBH
The U.S. dollar’s downtrend and steady decline since the first quarter are not enough to faze analysts at this major NY-based bank.
The Dollar’s ‘Trump Honeymoon’ Is Over – Peter Schiff
The U.S. dollar gained traction earlier in the year when the U.S. welcomed a new President, but one famed investor thinks it has had its “last hurrah” and gold will prevail.
Gold Unchanged As U.S. New Home Sales Rise For Second Month In A Row
New home sales edged up 0.8% last month to a seasonally adjusted annualized rate of 610,000 homes, the U.S. Commerce Department said on Wednesday.
Read moreFresnillo Reports Rise In 2Q Silver, Gold Output
Fresnillo Plc. (LSE: FRES) second-quarter silver production was 14.5 million ounces (including Silverstream), which the company says up 11.7% from the same period a year ago and up 7.3% from the first quarter.
Read moreMKS: Gold Slips Back Below 50-, 100-Day Moving Averages
Gold has slipped back below its 50- and 100-day moving averages, says Sam Laughlin
Read moreGold Weaker Ahead Of FOMC Meeting Conclusion
Gold prices are moderately lower in early U.S. trading Wednesday, on some profit taking and position-squaring from the shorter-term futures traders ahead of this afternoon’s FOMC statement.
EXCLUSIVE: Newmont CEO Has More Good News For Gold Investors
After posting solid Q2 results, Newmont Mining’s CEO has more good news for gold investors as he says the metal’s supply-demand fundamentals remain strong.