Gold Prices Rally As Fed Raises Interest Rates
(Kitco News) – Gold prices are higher as the Federal Reserve raised interest rates, as expected, by 25 basis points but keeps its outlook relatively unchanged from previous projections.
Read moreGlobal Mining Exploration Plunges for Fourth Consecutive Year
(Kitco News)- Mining companies around the world slashed their exploration budgets for the fourth year in a row in 2016, according to the recently published report by S&P Global Market.
Empire State Manufacturing Index Falls To 16.4 In March
The general business conditions index in Empire State manufacturing survey fell to a reading of 16.4 from 18.7 in February, the New York Federal Reserve reported Wednesday.
Read moreGold Remains Softer After U.S. CPI Rises 0.1% During February
Consumer prices in the U.S. increased by a seasonally adjusted 0.1% during February, the Labor Department said Wednesday.
Read moreGold Slips After U.S. Retail Sales Increase 0.1% in February
Kitco News reports on U.S. retail sales for month of February
Read moreGold Slightly Down Just Ahead Of Pending U.S. Rate Hike
Gold prices are slightly lower in subdued early U.S. trading Wednesday.
Read morePositive Fundamentals Will Drive Gold After Fed Rate Hike
While gold has struggled ahead of the Fed decision later today, one analysts says that the market has enough support that prices should rally after the decision.
Read moreGold Market, Like Others, On Hold Ahead Of FOMC Results
Gold and silver prices ended the U.S. day session slightly lower in two-sided, narrow-ranges trading Tuesday.
Read moreGold Holds Small Gain After U.S. PPI Up 0.3% During February
Gold prices are slightly higher after a report showing that producer prices for finished U.S. goods in rose by a seasonally adjusted 0.3% in February. Comex April gold was last up $1.80 to $1,204.90 an ounce.
Read moreGold, Silver See More Short Covering Ahead Of FOMC
Gold and silver prices are modestly up in early U.S. trading Tuesday.
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