Mitsubishi: Fed Interest-Rate Views Confirm Goldâ??s Bull Run, But Look For Profit-Taking
Gold remains sharply higher after perceived dovishness from the Federal Open Market Committee Wednesday, although some near-term profit-taking may cause the rally to fade after the sharp run-up in prices, says Mitsubishi.
Read moreGold Gets Solid Boost, Post-FOMC
Gold prices are sharply higher this morning and back near the recent highs, on Follow-through strength from Wednesday afternoon’s gains.
Read moreThe 6PM Recap With Gary Wagner: No Surprises From The Fed And Markets Leap Up And Roar
At 4:15 PM in New York, West Texas Intermediate is up nearly 6.00% on the day while Brent North Sea is up 4.00%. Both traded crudes reversed a two-day slide that saw traders wary of how the Fed would tilt on rates.
Read moreGold Up In Most Currencies, Biggest Winner of Fed Dovishness
As markets continue to digest the latest Federal Open Market Committee statement, which left rates unchanged and lowered expectations for further tightening, gold prices continues to climb not only in U.S. dollar terms, but in most other currencies as …
Read moreGold Moves Sharply Higher on Dovish FOMC Statement, Sinking U.S. Dollar Index
Gold prices are scoring strong gains in afternoon trading Wednesday, in the wake of a dovishly perceived FOMC statement that was released at 2:00 p.m.
Read moreHow Social Media Reacts To The Fed
The conclusion of this month’s Federal Open Market Committee meeting Wednesday saw stocks move higher, the dollar get pinched and gold prices move up.
Gold Sees Solid Gains In Aftermath of Dovish FOMC Statement
Gold prices were solidly higher in afternoon trading Wednesday, getting a good boost following a dovish FOMC statement.
Read moreFOMC Leaves Rates Unchanged, Sees Moderate Economic Expansion
Kitco News reports on the Federal Open Market Committee monetary policy decision for March
Read moreIf The Fed Can’t Help Gold, Can Trump?
In only four months, American voters will find out who the next presidential nominees are and in a mere eight months will hit the polls to elect the leader of the world’s largest economy.
Gold Sentiment To Remain Positive Despite Fed Hikes: Economist
Sentiment towards precious metals, particularly gold, has been improving since the start of the year, and despite the recent pullback in prices ahead of the Fed meeting conclusion, one economist says positivity will continue.
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