Gold Sees Modest Boost, Hits Nearly 3-Month High, After Mildly Dovish FOMC Statement
Gold prices moved from modestly lower to modestly higher in the wake of a mildly dovish FOMC statement issued early Wednesday afternoon.
Read moreFederal Reserve Leaves Rates Unchanged Sees Slower Growth In Late 2015
Kitco News reports on the Federal Open Market Committee meeting
Read moreResearch Revives Manipulation Debate; Suggests Gold & Silver Collusion
Researchers from three universities are re-opening the manipulation debate with their study, which suggests gold and silver prices are more likely to be meddled with on options expiry dates.
Read moreWorried About Weaker Apple iPhone Sales In 2016? It Won’t Impact Gold Demand Experts Say
(Kitco News) – Though Apple Inc. (NASDAQ: APPL) spooked the equity markets Wednesday with weaker than expected revenue and sales figures, the disappointing numbers will not have much of an impact on gold demand — a key component of the iPhoneâ??s composition, commodity analysts suggest.
Vote 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 moreAfter Gold Nears 3-Month High, Sets Sights on $1,150: Technical Expert
Gold prices scored a nearly three-month high this week, with more safe-haven demand and technical buying featured, said Kitco Metals’ senior technical analyst, Jim Wyckoff.
Gold Weakens Ahead of Afternoon FOMC Statement
Gold prices are trading modestly lower and near the daily low in late-morning dealings Wednesday. Some position evening and profit taking ahead of the afternoon statement from the Federal Open Market Committee
(FOMC) are featured.
U.S. New Home Sales Surges 10.8% In December
Kitco News reports on U.S. new home sales figures for December.
Read moreDecember Saw Surge In Chinese Gold Demand – Analysts
(Kitco News) – A slew of recent trade data points to surge of gold demand in China, according to some market analysts.
Read moreCredibility, Credibility, Credibility: The Central Bankers’ Dilemma – BBH
Credibility, credibility, credibility. Ignore inflation and employment targets for a second; right now, markets are focused on how much central bankers are actually doing what they say they will, say analysts at Brown Brothers Harriman.