U.S. Weekly Jobless Claims Fall 23,000 To 259,000
Kitco News reports on U.S. weekly initial jobless claims for week to Sept. 16
Read moreGold Falls Further Below $1,300 As Philadelphia Fed Manufacturing Index Jumps
Gold prices edged down after the index for current general activity in the Philadelphia Federal Reserve’s manufacturing business outlook survey posted a rise to 23.8 in September from 18.9 in August, suggesting quicker economic growth.
Hawkish Fed Meeting Hammers Gold, Silver
Gold prices are solidly lower and hit a three-week low in early U.S. trading Thursday, in the aftermath of a surprisingly hawkish tone on U.S. monetary policy from the Federal Reserve on Wednesday.
Read moreGold Prices Back Off On Hawkish FOMC Statement; Yellen On Deck
Gold prices were modestly lower in U.S. early-afternoon trading Wednesday, in the wake of an FOMC statement that has been deemed friendly to the U.S. monetary policy hawks.
Read moreGold Falls After Fed Says Balance Sheet Reduction To Begin In October
Gold prices retreated as the U.S. Federal Reserve said it will begin shrinking its $4.5 trillion balance sheet in October.
Read moreGold Prices Unchanged As U.S. Existing Home Sales Hit Lowest Level In A Year
Gold prices were relatively unchanged after U.S. consumers bought fewer pre-existing homes in August, according to the latest report from the National Association of Realtors (NAR).
Read moreEndeavour Proceeding With Construction At Ity CIL Project
Endeavour Mining (TSX: EDV) reports that the company’s Ity CIL project in Cote d’Ivoire has entered the construction phase following board approval.
INTL FCStone: Trump Stance Supportive For Gold Prices
The views expressed by U.S. President Donald Trump Tuesday are likely to keep offering some support for gold and silver, says Edward Meir, commodities consultant with INTL FCStone.
Read moreGold Prices Bounce Ahead Of FOMC Statement, Yellen Remarks
Gold prices are higher in early U.S. trading, on bargain hunting and short covering ahead of the conclusion of an important Federal Reserve meeting Wednesday afternoon.
Read moreTurkey To Make Use Of 2,200 Tons Of Gold Stashed ‘Under Mattresses’
The Turkish people have reportedly stashed gold “under mattresses” and the government wants a piece.
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