Silver Manipulation Growing; Plantiffs Wanting To Add More Banks To Lawsuit
(Kitco News) – Swiss Bank UBS might not be off the hook and could be back in court with four other new banks in an ever-evolving lawsuit that alleges manipulation of gold and silver prices during the daily fix.
Read moreGold Ends Weaker Amid Strong U.S. Dollar, Bearish Charts
Gold prices ended the U.S. day session moderately lower Thursday.
Read moreGold Trading Weaker As U.S. Dollar Rallies, Euro Sinks After ECB News
Gold prices are holding at moderately lower levels in late-morning action Thursday.
Read moreEuropean Central Bank Remains Cautious As Uncertainty Prevails – Draghi
(Kitco News) – The European Central Bank remains optimistic that regional economic growth will continue to firm, but it also remains cautious as it creates a new bond-purchase program for next year.
Read moreEU And US Continue To Diverge On Interest-Rate Policy
The ECB left interest rates unchanged and committed to continuing its bond-buying program through March of 2017.
Read moreWeekly Jobless Claims Fall 10K, In Line With Expectations
(Kitco News) -Initial weekly U.S. jobless claims fell by 10,000 to 258,000 in the week to Saturday, the Labor Department said Thursday.
Read moreCommerzbank, MKS: Silver ETFs Posted Big Inflow Wednesday
Silver’s ascent to a three-week high on Wednesday occurred alongside a large inflow into silver-backed exchange-traded funds, say MKS (Switzerland) S.A.
Gold A Bit Weaker On Lack Of Bullish Inputs, Bearish Chart Posture
Gold prices are just slightly lower in early U.S. trading Wednesday.
Read moreECB Leaves Rates Unchanged; Creates New Purchase Program Until Dec. 2017
(Kitco News) – In its last meeting of the year, the European Central Bank left interest rates unchanged Thursday, in line with expectations.
Read moreEquities Frenzy Spills over into Precious Metals
The US equities markets, which began to rally immediately following the US presidential election held last month, continue to rise.
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