Commodities Look Attractive In This Late Business Cycle – USCF
It makes sense to hold some commodities in a diversified portfolio in this late stage of a business cycle, according to one commodity fund manager.
Read moreGold Remains Higher After May U.S. Retail Sales Rise 0.8%
Kitco News reports on U.S. retail sales for month of May
Read moreGold Continues To Trade Near Two-Week Highs As U.S. Weekly Jobless Claims Fall By 4K
U.S. initial weekly jobless claims fell to 218,000 in the week to Saturday, the Labor Department said. The total was better than expected.
Read moreGold, Silver Prices Rally, Ignoring Rebounding U.S. Dollar
Gold and silver prices are moderately higher in early U.S. trading Thursday, despite a solid rebound in the U.S. dollar as the U.S. day session gets under way.
Read moreECB Leaves Rates Steady, Plans To Halt QE At End Of 2018
Read moreStocks Globally Weaken on Hawkish Federal Reserve and Surprising China Data
Global stocks traded notably lower Thursday as investors reacted to yesterday’s hawkish rate signalling from the Federal Reserve and were caught off-guard by a series of weaker-than-expected data from China that could suggest diverging growth paths bet…
Read moreJ.P. Morgan Remains Bullish On Gold But Downgrades Price Forecasts
Gold will leave behind its tight trading range and climb towards $1,400 an ounce in Q3, said J.P. Morgan, while still lowering its price forecasts for this and next year.
Read moreGold Slips A Little On Slightly Hawkish FOMC Statement
Gold prices are slightly lower in afternoon U.S. trading Wednesday, and lost mild earlier gains in the wake of today’s FOMC meeting statement that saw the Fed U.S. raise interest rates slightly.
