Gold Relatively Unchanged As Fed Sees No Urgency To Raise Rates
(Kitco News) – Gold prices are holding steady but remain in solidly negative territory on the day as the Federal Reserve keeps its plans for the trajectory of interest rate hikes to itself.
Read moreMarket Obsession With Trump Will Be Good For Gold – VanEck
(Kitco News) – With the Federal Reserve shedding little light on its trajectory of rate hikes, the market has found a new obsession, which should be good for gold, according to one portfolio analyst.
Read moreGold Sees Profit-Taking Pressure From Recent Gains
Gold prices in late-morning action have lost their mild early advances and are trading modestly lower.
Read moreGold Slightly Down Following Rise In January Existing Home Sales
(Kitco News) – Gold prices are relatively unchanged changed, shrugging off positive U.S. housing data as U.S. existing home sales saw strong gains last month, according to the latest data from the National Association of Realtors (NAR).
Read moreTD Securities: Gold Traders ‘Buy The Dips’
Gold is remaining bid even though the U.S. economy has performed well and markets expect the Federal Reserve to tighten interest rates this year, says TD Securities.
Read moreGoldman Sachs ‘Agnostic’ On Gold Prices
Goldman Sachs analysts say they are “agnostic” toward gold, looking for the price a year out to be only slightly above current levels.
First Majestic Silver Posts Fourth-Quarter Profit
First Majestic Silver Corp. (NYSE: AG; TSX: FR) reported a profitable fourth quarter Wednesday as the price the company fetched for silver rose, although output eased.
Read moreGold Slightly Up; FOMC Minutes Awaited
Gold prices are modestly higher in early U.S. trading Wednesday.
Read moreLet The Mining Conferences Begin – Kitco News is Covering BMO Next!
Kitco News kicking off its 2017 conference coverage.
Read more‘I Don’t See Why One Would Want To Invest More In Gold’ – World Bank
Despite gold’s strong performance since the start of the year, the World Bank is sticking to its story when it comes to gold, and it’s not a positive one.