BOJ Backing Off?
The BOJ appears to have stepped off the gas deciding not to push for measures to increase short-term negative rates and targeting the 10year bond to zero to placate the banks.
Read moreGold, Silver Up After BOJ Meeting; FOMC Results Awaited
Gold and silver prices are trading higher in early U.S. trading Wednesday, following a bullishly construed ending to the Bank of Japan monetary policy meeting. December Comex gold was last up $10.20 an ounce at $1,328.60.
Read moreWorld Stock Markets Up In Wake Of Bank Of Japan Meeting; FOMC On Deck
(Kitco News) – The Bank of Japan kept its negative interest rates unchanged following its regular monetary policy meeting Wednesday.
Traders and investors await Fed and BOJ Policy Decisions on Wednesday
Equities are holding mildly higher as the Federal Open Market Committee’s meeting commences today. It is largely expected that the Fed will maintain rates as they are, but will perhaps add a sterner, more-hawkish statement concerning a rate hike come December’s meeting.
Could This CEO’s Optimism In Australia Lead To A Bidding War?
Denver (Kitco News) – Newmont Mining (NYSE: NEM) has a diverse pipeline of mining projects around the world but one jurisdiction the company’s CEO Gary Goldberg is really eyeing is Australia.
Gold, Silver Trade Near Steady, Awaiting FOMC, BOJ Outcomes
Gold and silver prices ended the U.S. day session near unchanged levels in subdued trading Tuesday, ahead of two major central bank meetings that are arguably the most important markets events this month.
Read moreChina Behind In Metal Recycling Game – GFMS
China’s recovery of platinum group metals from automobile recycling is less than in industrialized Western nations, reports the GFMS team of Thomsen Reuters.
George Soros Pledges $500 Million to Help Refugees
Billionaire George Soros, owner of the $25 billion family office Soros Fund Management, is investing as much as $500 million to help refugees and migrants.
Read moreGold Awaits Fed, BOJ – Dennis Gartman
The gold market is awaiting, as are all capital markets, the decisions from the Federal Reserve and the Bank of Japan, said market watcher Dennis Gartman, on Tuesday.
Read moreMining Execs Call Out The Fed – Denver Gold Forum
Denver (Kitco News) – The Federal Reserve is kicking off day-one of its monetary policy meeting and some mining executives say that what the gold sector needs is some certainty.
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