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.
Read moreGold 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.
Read moreGold 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…
Read moreBitcoin ‘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.
Read moreCommerzbank 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.
Read moreGold 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.
Read moreGold Benefits From Weak Data As Expectations Grow For Dovish Fed
(Kitco News) – Gold prices are holding near session highs following weaker-than-expected U.S. retail sales and disappointing inflation data, but analysts warn investors to use some caution since the Federal Reserve could have the final say on whether …
Read moreGold Rallies On Weak U.S. Retail Sales Data
Gold prices are seeing a moderate rally in early U.S. trading Wednesday.
Read moreU.S. Retail Sales Decrease 0.3% in May
Kitco News reports on U.S. retail sales for month of May
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