U.S. Weekly Jobless Claims Fall 14,000 To 246,000
Gold maintained its gains after news that initial weekly U.S. jobless claims fell by 14,000 to a seasonally adjusted 246,000 in the week to Saturday. Comex April gold was last up $17.40 to $1,225.70 an ounce after rising overnight.
Read moreOceanaGold: Didipio Still Operating Although Gov’t Official Calls For Suspension
OceanaGold Corp. (TSX, ASX: OGC) reports that an official in the Philippines has proposed suspension of operations at the company’s Didipio mine following an environmental review
Gold Powers To 2.5-Mo. High On Safe-Haven Demand, Slumping Greenback
Gold prices are solidly higher and hit a 2.5-month high in early U.S. trading Thursday.
Read moreFed Holds And Gold Smiles
Gold has finally managed to push to our target of $1,222 amid the Fed’s decision to hold on rates.
Federal Open Market Committee Meeting Wraps Up
For the first time this year, Federal Reserve officials met and voted to keep interest rates unchanged. In a ten to zero vote, Federal Reserve officials unanimously decided to maintain the current Fed Funds rate.
Read moreWhere is gold headed? VOTE NOW!
(Kitco News) – Where do you think gold prices are going next week? Vote now in the Kitco News Wall Street vs Main Street weekly gold survey.
Read moreGold Weaker On Corrective Pullback From Good Gains Tuesday; Fed A Nonevent
(Kitco News) – Gold prices ended the U.S. day session just slightly lower, on a downside technical correction after good gains Tuesday. The gold market did uptick just a bit following the afternoon release of the FOMC statement. April Comex gold was last down $1.50 an ounce at $1,209.90. March Comex silver was last down $0.013 at $17.53 an ounce.
Gold Sees Small Bounce Off Lows As Fed Remains Neutral
(Kitco News) – Gold remains under pressure but is seeing a little buying after the Federal Reserve remains relatively neutral as it leaves interest rates unchanged following its monetary policy meeting.
Gold Extends Losses After Upbeat U.S. ISM Report
(Kitco News) – Gold prices have deteriorated further following a stronger-than-expected U.S. ISM manufacturing report that was just released
Gold Prices Remains Weak Following Rise In ISM Manufacturing
(Kitco News) – Gold prices remain under modest pressure following data that points to renewed momentum in the U.S. manufacturing sector.
Read more