Philly Fed Reports Strong Rebound In Regional Manufacturing
(Kitco News) – The headline index for a survey of manufacturers in the Philadelphia area saw a strong rebound inactivity in December, according to a report released Thursday.
Read moreGold Market Shrugs Off In-Line CPI Reading
(Kitco News) – Gold remains under considerable pressure following in line consumer inflation data.
Read moreGold Sharply Lower, Hits 10-Mo. Low, Amid Surging Greenback
Gold prices are sharply lower and fell to another 10-month low in early U.S. trading Thursday.
Read moreEmpire State Manufacturing Index Rises To 9.0 In December
Empire State Manufacturing Index Rises To 9.0 In December
Read moreU.S. Weekly Jobless Claims Fall 4,000 To 254,000
U.S. Weekly Jobless Claims Fall 4,000 To 254,000
Read moreCiti Sees 2 Fed Hikes In 2017; Says 3 Would Add 4% To Gold Bottom
Citi Research looks for only two U.S. rate hikes for 2017, despite the dot-plot from Federal Reserve officials on Wednesday suggesting three.
Read moreGold and US Stocks Retreat Following Interest Rate Hike Announcement
The Federal Reserve’s final FOMC meeting for 2016 concluded today. I
Gold Down Over 1% Following Optimistic Comments From Fed Chair Yellen
(Kitco News) – Gold prices have fallen to a new 10-month low, dropping more than1% following optimistic comments from Fed Chair Janet Yellen.
Read moreGold Trades Lower, Hits 10-Mo. Low, After Fed Rate Hike
(Kitco News) – Gold prices were trading moderately lower and dropped to a new 10-month low, in afternoon U.S. trading Wednesday, in the aftermath of the Federal Reserve’s Federal Open Market Committee meeting, which saw the Federal funds rate raised by 0.25%, which was expected. February gold was last down $5.50 an ounce at $1,153.00. March silver was last down $0.017 at $16.96.
Gold Falls As Fed Raises Interest Rates As Expected; Sees Three Hikes In ’17
(Kitco News) – In line with expectations, the Federal Reserve has raised the federal funds rate by 25 basis points, to trade in a target range between 0.50% and 0.75%.
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