Brexit A Factor In June Fed Decision
(Kitco News) – Fed Chair Janet Yellen said that uncertainty ahead of the U.K. referendum, which will decide whether or not to leave the European Union, impacted the central bank’s monetary policy decision.
After the Fed
For the very few that read my musings, I have been consistent on the notion that the Fed made a mistake in December of 2015 and would likely not raise rates in 2016.
Read moreVote Now In The Kitco Weekly Gold Survey
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreGold Sees Modest Rally After FOMC Makes No Interest Rate Change
Gold prices were modestly higher in late U.S. trading Wednesday, and hit another four-week high, in the wake of a perceived “dovish” FOMC statement that left U.S. interest rates unchanged.
Less FOMC Enthusiasm For Rate Hikes Moving Gold Higher
Kitco News reports on the June Federal Open Market Committee monetary policy decision.
Read moreAureus Mining Announces Equity Financing, Management Changes
Aureus Mining Inc. (TSX, AIM: AUE) announces that it has entered into an agreement for an equity financing with MNG Gold Jersey Ltd., which will result in changes in senior management.
Read moreEmpire State Manufacturing Index Rises To Positive 6.01 In June
The Empire State manufacturing survey shows business conditions in New York improved in June, the New York Federal Reserve said Wednesday.
U.S. Producer Price Index Rises 0.4% In May
Kitco News reports on U.S. Producer Price Index for May.
Read moreTraders Back At Their Desks
The IPMI ( International Precious Metals Institute) conference has ended after a four- day confluence of participants that represented all facets of our industry. Some masochistic souls ( myself included) braved the 110-degree temperatures and chased a…
Read moreCommerzbank: Supply Deficits To Underpin Prices Of Platinum, Palladium
Supply deficits in platinum group metals are likely to continue, thereby supporting prices, says Commerzbank. Analysts project platinum will average $1,000 an ounce in the third quarter, $1,050 in the fourth and $1,100 in the first quarter of 2016. The…
Read more