Gold prices are heading into the U.S. futures close with solid declines, near their session lows, and hit a three-week low Thursday
Read more(Kitco News) – The gold market is still in good shape despite prices falling to a three-week low after the Federal Reserve raised interest rates by 25-basis points, and struck a hawkish tone on future monetary policy, according to one analyst.
Read moreChanges to South Africa’s charter for mining companies are “investment negative,” as social costs of mining in the country are likely to keep rising, said Citi analysts Thursday.
Read more(Kitco News) – The manufacturing sector in the New York region is seeing renewed momentum as sentiment rises to its highest level in two years, according to the latest survey data from the New York Federal Reserve.
Read more(Kitco News) – Gold prices remain under strong selling pressure and see litle reaction as initial weekly U.S. jobless claims dropped by 8,000 a seasonally adjusted 237,000 in the week to Saturday, the government said. This was less than consensus fore…
Read moreKitco News reports on Philadelphia Federal Reserve business index for June
Read moreStandard Chartered says the cycle lows, after U.S. Federal Open Market Committee rate hikes, are rising, with Fed policy to decide gold’s future direction.
Read moreGold prices are solidly lower and hit a three-week low in early U.S. trading Thursday, in the wake of the latest FOMC meeting that saw a U.S. interest rate increase.
Read moreGold bulls have nothing to worry about when it comes to the slightly more hawkish Federal Reserve (Fed) announcement on Wednesday, this according to one Australian economist, who remains optimistic about where gold prices are heading.
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