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Gold Can’t Withstand Yellen’s Inflation Comments, Gives Up Daily Gains

(Kitco News) – The gold market was able to resist a fairly optimistic Federal monetary policy statement, but was unable to hold its daily gains after what appeared to be hawkish comments from the Fed Chair Janet Yellen.

Gold Sinks As Traders Digest FOMC Statement, Yellen Remarks

The gold market saw early price gains erased and fresh selling pressure develop in afternoon dealings

Gold Gives Up Daily Gains As U.S. Dollar Index Recovers

The gold market is presently trading near steady levels on the day, in afternoon trading Wednesday.

Gold Holds Modest Gains In Wake Of Fed Rate Hike

Gold prices have backed off a bit in the wake of the just-concluded FOMC meeting that saw the Federal Reserve raise interest rates slightly.

Gold Prices See Little Reaction As Fed Raises Rates and Sees Moderate Growth

(Kitco News) – Gold prices are holding its earlier gains, after the Federal Reserve raised interest rates, as expected, by 25 basis points but strikes a less dovish tone as it remains optimistic that inflation and economic growth would continue to pic…

Bitcoin ‘Looks Like A Bubble’ – Jim Rickards’ Opens Up On Cryptos

The cryptocurrency craze continues with the leading virtual currency – Bitcoin – trading near record highs.

Only A Matter Of Time Before GLD, Silver See Massive Move Higher – Technical Trader

(Kitco News) – With strong momentum in gold, it could only be a matter of time before the market sees a new multi-year high, according to one technical analyst.

Commerzbank Sees $1,300/Oz Gold In 4Q; Pullback In Palladium

Commerzbank looks for gold prices to rise to $1,300 an ounce by year-end, platinum and silver to also rally but palladium to give up some of its recent strength.

Gold Holding Near Session Highs As Greenback Continues To Weaken

Gold prices are trading up and near their daily highs in late-morning action Wednesday, supported by a solidly lower U.S. dollar index on the day.