Empire State Manufacturing Index Rises To Minus 4.6 In December
The Empire State manufacturing survey shows business conditions in New York improved in December, although they still remained in contraction territory, the New York Federal Reserve said Tuesday.
Gold Slightly Up on Hotter U.S. CPI; FOMC Meeting On Deck
Gold prices are slightly higher in early U.S. dealings Tuesday. A U.S. consumer price index reading that was a bit higher than expected prompted some short covering in the gold futures market and some bottom-picking in the cash market.
Read moreIamgold: Strike Ends At Rosebel Mine In Suriname
Iamgold Corp. (TSX: IMG; NYSE: IAG) reported late Monday that employees at the Rosebel Gold Mine in Suriname have ended a strike and mine production has resumed.
Read moreOUTLOOK IS NOW LIVE: Will 2016 Be A Game Changer?
Check out the latest 2016 Outlook Features
Read moreWorld Markets Awaiting FOMC Meeting Conclusion
Gold Prices are near steady in early U.S. trading.
Read moreThe 6PM Recap With Gary Wagner: Choppy Movements And Inclinations In Markets Seem To Contradict Each Other Until We Consider The Chief News For the Next Couple Of Weeks
Despite a bit of U.S. dollar weakness in the face of raging volatility, gold could not muster enough strength to rise. Rather it fell sharply, down over $9.00. Silver fell almost 1.5% on the day, but platinum and palladium rallied.
Read moreConfessions of a Gold Analyst: Will You Let The Inmates Run The Asylum?
Recently, I read an interview, which was deemed “extraordinary,” which concluded: “never say gold hit a new low because it didn’t.”
As Rate Hike Nears, Fed’s Hints On Future To Be Scrutinized
The worst-kept secret in the financial world is that the Federal Reserve is all but sure Wednesday to raise interest rates from record lows by a modest quarter point.
Read moreLooking Into the Crystal Ball For 2016
As traders brace for the first Federal Reserve rate hike since before the Global Financial crisis began in 2008, it is time to dust off the crystal ball and gaze into the future. What lies on the horizon in 2016?
Read moreGold Down, Silver Hits 6-Year Low, as Nymex Crude Drops Below $35.00
Gold prices ended the U.S. day session lower Monday, as crude oil dropped to a nearly seven-year low below $35.00 a barrel in early trading, before rebounding.
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