Gold Near Steady As Marketplace Awaits FOMC Statement
Gold prices are trading near steady in early U.S. dealings Wednesday. Overnight the yellow metal saw a mild downside technical correction following recent gains that Tuesday pushed prices to a nearly three-month high.
Read moreGold Fields: 2015 Output Nearly Matches Guidance; Unit Costs Below
Gold Fields Ltd. (JSE, NYSE: GFI) reports that gold-equivalent production for 2015 is expected to be 2.16 million ounces, nearly matching original guidance from last February of 2.17 million.
Read moreGold Weaker Ahead Of FOMC Statement
Gold prices are modestly weaker in early U.S. dealings, as traders are tentative ahead of the Federal Open Market Committee (FOMC) meeting that began Tuesday and ends this afternoon with a statement. While no change in U.S.
Read moreThe 6PM Recap With Gary Wagner: Gold Is Behaving As Much More Than A Safe Haven
The biggest news of the day is the soaring price of gold.
More impressive is that, while some of the gain was generated by a weaker U.S. dollar, most of the advance came via regular trading. That is to say that a lot of people wanted to buy gold.
Gold Setting Itself Up for a Breakout on First Day of Fed Meeting?
As day one of the year’s first Federal Reserve meeting kicks off, one veteran trader says gold looks like it may be setting itself up for a breakout.
Day 1 of Fed: Positive Factors Outweigh Negative For Gold – Bubba Horwitz
As day one of the year’s first Federal Reserve meeting kicks off, one veteran trader says gold looks like it may be setting itself up for a breakout.
Gold Post Solid Gains and Hits Nearly 3-Month High on Save-Haven and Technical Buying
Gold prices ended the U.S. day session higher and scored a nearly three-month high Tuesday. More safe-haven demand and technical buying were featured and bulls have near-term momentum on their side.
Read more‘Cautiously Optimistic’ on Gold, Price To Avg $1,164/oz: GFMS Updated Survey
Gold prices have been on the rise since the start of the year, and one precious metals research firm even sees the metal jumping back above $1,200 an ounce.
Read moreWeaker Gold Price On Tempered Dovish Fed Statement Could Be Buying Opportunity – Analysts
(Kitco News) – The gold market — expecting extremely dovish comments from the Federal Reserve Wednesday, following its monetary policy meeting, could be disappointed, creating some selling pressure according to some analysts.
Read moreGold & Silver Make A Comeback Ahead of Year’ s First Fed Meeting – Mitsubishi
Gold pushes higher on day one of the year’s first Federal Open Market Committee meeting, but Mitsubishi’s precious metals analyst says that although the short-term forecast for the yellow metal remains positive, there may be a tough road ahead.