Rising Fed Rate-Hike Expectations Reduce Gold’s Shine
Financial markets are suddenly factoring in a higher probability of a U.S. interest-rate hike this month after recent comments from Federal Reserve officials, and this is thwarting gold’s recent rally to three-month highs.
Read moreGold Down On More Profit Taking, Upbeat Trump Speech
Gold prices are lower in early U.S. trading Tuesday on more profit-taking pressure from the shorter-term futures traders after prices Monday hit a 3.5-mongh high
Read moreTrump’s Bullying Style Will Be Good For Gold – Murenbeeld
(Kitco News) – Ahead of President Donald Trump’s major address before the joint sessions of Congress, one gold analyst said that Trump bullying and threatening style of government will be good for gold in the long run.
Jan. Trading Volume In Gold, Silver Fall As Prices Rise
(Kitco News) – Trading activity among members of the London Bullion Market Association was subdued last month has prices rose from one year highs, according to the associations latest trade data.
Read moreGold Sees Mild Profit-Taking Before Major Trump Speech
Gold prices ended the U.S. day session slightly down Tuesday, on a normal corrective, profit-taking pullback after prices Monday scored a 3.5-mongh high.
Read moreGold Market Will Be Sensitive To A Confident, Pro-Growth Trump – Analysts
(Kitco News) – A confident U.S. President Donald Trump who is able to project a semblance of firm policy ideas in front of a joint session of Congress could be enough to keep stock markets elevated and could be negative for gold in the near-term, acco…
Read moreGold Pares Early Losses As Traders Once Again “Buy The Dip” In Prices
Gold prices have erased most of their overnight losses in late-morning trading Tuesday.
Read moreGold Shrugs Off Strong Print In Consumer Confidence
(Kitco News) – Gold prices appear to be unfazed and remain near its recent highs following a stronger-than-expected reading U.S. consumer confidence.
Read moreBBH: FX Traders To Watch For Policy Signals In Trump Speech
The key event in markets Tuesday is a much-awaited evening speech that U.S. President Donald Trump is scheduled to give to a joint session of Congress, says Brown Brothers Harriman.
Read moreGold Holding Near 3.5-Month Highs As U.S. GDP Expands 1.9% In Q4
(Kitco News) – Gold prices continue to hold near their 3.5-months highs following data highlighting weaker-than expected U.S. economic growth.
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