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 moreGold Drops On Stronger Dollar And Higher Equity Prices
(Kitco News) – Metals see-saw back again, as the dollar gains some lift, with U.S. equities due to open higher and a better-than-expected ADP report.
Read moreGold Above 20-Day Average After Recent Dollar Softness — optionsXpress
Gold futures are back above the 20-day moving average, getting help from
a softer tone in the U.S. dollar in recent days, says optionsXpress.