As Markets Await Fed Meeting, Analysts Question If Could Be Positive For Gold
After almost a full year of anticipation, in less than a week the Federal Reserve is expected to raise interest rates for the first time since June 2009, and analysts think the move could have positive, albeit, short-term implications for the gold mark…
Read moreKitco Gold Survey: Market Sentiment For Gold Mixed Ahead Of Major Fed Week
Gold sentiment is mixed as most retail investors expect to see negative prices next week and most market analysts expected higher prices on short covering after the Federal Open Market Committee (FOMC) monetary policy meeting, according to the latest K…
Read moreRand’s Pain Means Gain For Shares Of South African Gold Producers
Gold slid this week, dragging down shares of most gold-mining companies that trade in North America.
Read moreWhat Can We Expect For Gold Next Year
2015 has been a rollercoaster year for gold; after starting the year with a bang on global currency debasement fears, negative sentiment has managed to steadily dominate the market.
Read moreGold Rallies on Short Covering, Bargain Hunting
Gold prices are posting a decent rally in late-morning dealings Friday. Some short covering in the futures markets, heading into the weekend, and bargain hunting in the cash market are featured following early selling pressure that was tied to the slum…
Read moreProducer Price Index Rise 0.3% In November
(Kitco News) – Pipeline inflation pressures rose in November, following Octoberâ??s significant drop, ending two consecutive monthly decline, according to the latest data from the Labor Department.
U.S. Retail Sales Increase 0.2% in November
Retail sales in the U.S. increased by 0.2% during November, the Labor Department said Friday.
Read moreGold Weaker, Can’t Escape Crude Oil’s Death Grip
Gold prices are moderately lower in early U.S. trading Friday. The precious metals continue to suffer from spillover selling pressure amid the recent downdraft in crude oil prices.
Read moreCredit Agricole Looks For Fed To Hike But Signal ‘Cautious Tightening Cycle’
Credit Agricole looks for the Federal Reserve to hike U.S. interest rates next week but also signal a cautious cycle of tightening.”
Read moreGold Can’t Escape Crude Oil’s Death Grip
Gold Prices are lower in early U.S. trading, as the precious metals bulls are having no success reaching escape velocity from a major bust in the crude Oil market.
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