U.S. Economy Expands 0.8% In First Quarter
(Kitco News) – At second glance, economic activity in the U.S. was in line with expectations, according to the latest data from the Commerce Department.
Read moreJanet Yellen Opines Today
The G7 leaders wrapped up their meeting with a commitment to use all policy tools to ensure global growth. I read this as global monetary easing will continue and possibly accelerate.
Read moreSilvercorp Metals Lists Loss For Fiscal Fourth Quarter
Silvercorp Metals Inc. (TSX: SVM), a Canadian-based producer with multiple mines in China, posted a net loss in its fiscal fourth quarter that ended March. 31.
Read moreGold Near Steady Ahead Of Yellen Speech, After Notching 2-Mo. Low Overnight
Gold prices are trading near steady in early U.S. trading Friday, after hitting a two-month low in overnight action.
Read moreFed Chair Yellen Speech Awaited
Gold prices are slightly lower and hit a two-month low overnight.
Read moreEuropean Stocks End Three-Day Rally as Oil, Chinese Benchmarks Fall
European stocks ended a three-day rally on Friday as oil fell back and Chinese stocks lost ground.
Read moreInterest Rates Could Rise ‘Fairly Soon’- Fed Governor Powell
Gold prices have closed at their lowest level since early April; however, the market continues to take hawkish comments from Federal Reserve members in stride.
Read moreGold Ends Weaker, Can’t Hold Modest Early Gains
Gold prices ended the U.S. day session modestly lower Thursday and gave up early tepid gains. Prices closed at a seven-week low close today.
Read moreWho’s Buying Gold Now: 4 Ways To Buy The Gold Dip
Gold got pummeled this week. The recent failed triangle breakout emboldened short-term speculators to sell on rallies.
Read moreWill Miners Break Down Into Brexit, Fed Meeting?
The highly anticipated vote on whether the UK leaves the European Union is fast approaching on June 23. However, the Federal Reserve meeting, June 14-15, precedes that vote.
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