Gold Upticks Slightly Following FOMC Minutes
(Kitco News) – Gold prices were trading slightly higher in U.S. trading early Wednesday afternoon, on a mildly bullish reaction to the just-released FOMC minutes
Read moreGold Briefly Pushes Into Positive Territory Following Fed Minutes
(Kitco News) – Gold futures have pushed into positive territory despite comments highlighting a potential June rate hike in the minutes of the May Federal Reserve monetary policy meeting.
Read moreThe Fed Needs to Stop Intervening Now – Mohamed El-Erian
With all eyes on the Federal Reserve, as markets await the latest release of the Federal Open Market Committee minutes, one Wall Street veteran says it’s time for the central bank to back off.
Now Is The Time To Diversify Into Broad Commodities – USCF Pres.
(Kitco News) – While inflation has struggled to show consistent growth in the U.S., investors should look at diversifying into the broad commodity marketplace now before it is too late, said the president of one asset management firm.
Read moreDon’t Dismiss Renewed Strength In USD – BNP Paribas
(Kitco News) – While gold has benefited from U.S. dollar weakness, with the currency unable to move off its six-month lows, one French bank expects momentum to shift as markets prepare for further interest rate increases.
Read moreUBS: Positioning Favorable For Gold; Market Needs Catalyst
Gold has a number of factors in its favor, including low bullish speculative positioning, but investors appear to be waiting for a fresh catalyst before buying some more, says Swiss bank UBS.
Read more$1,260: The Invisible Wall Holding Back Gold
Read moreGold Futures Remains Under Pressure Following 2.3% Drop In Existing Home Sales
(Kitco News) – Gold prices remain under pressure, seeing little movement after the National Association of Realtors’ (NAR) latest report showed slowing momentum in the U.S. housing sector.
First Majestic Reports Mine Disruption At La Encantada Silver Mine
Kinross Gold Corp. (TSX: K; NYSE: KGC) announces an agreement to acquire an approximately 19.9% interest in White Gold Corp.
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