U.S. Weekly Jobless Claims Fall 5,000 To 271,000
First-time weekly jobless claims in the U.S. fell by 5,000 to a seasonally adjusted 271,000 during the week to Saturday, the Labor Department said Thursday.
Gold Firmer as Some U.S. Fed Uncertainty Taken Out of Marketplace
Gold prices are slightly higher in early U.S. trading Thursday, on a tepid short-covering and bargain-hunting bounce after prices hit a 5.5-year low Wednesday.
Read moreECB Officials Debated Stimulus Move At Last Meeting
Top officials at the European Central Bank debated expanding monetary stimulus for the eurozone economy at their last meeting – before deciding to hold off any changes until December.
Read moreGoldman Sachs Forecasts $1,000/Oz Gold In 12 Months
Goldman Sachs looks for more gold weakness over the next 12 months, calling for $1,000 an ounce a year from now.
Read moreThe Longer-Term Bullish Case For Gold And Other Raw Commodities
Gold prices are slightly higher in early U.S. trading.
Read moreThe 6PM Recap With Gary Wagner: How Market Psychology and The Reaction To Terrorism Dovetail With The Fed Minutes
With the world drifting under recent terroristic attacks and the threat of more, plus news of beheadings, torture and general mayhem wherever ISIS spreads its grimy wings, no wonder that investors and traders seem relieved and even happy about the part…
Read moreFOMC Minutes: Policymakers Still Considering Rate Hike
Minutes of the October meeting of the Federal Open Market Committee, released Wednesday afternoon, showed that “most” policymakers felt conditions for a rate hike in December “could well be met,” although any move would hinge on economic data.
Gold Near Steady After Sinking to 5.5-Year Low Earlier; FOMC Minutes Suggest Rate Hike Coming in Dec.
Gold prices are slightly firmer in choppy trading in the aftermath of the latest minutes of the last Federal Reserve Open Market Committee (FOMC) meeting.
Read moreSilver Going On 3rd Consecutive Annual Shortfall, Should Be Price Supportive – Thomson Reuters GFMS
The silver market is heading towards a third consecutive year of a physical supply crunch, and although such deficits do not affect prices in the short run, it may push the metal’s price higher longer term, says one leading precious metals research firm.
Vote Now In The Kitco Weekly Gold Survey
Have your say! vote now in the Kitco News Wall Street vs Main Street Weekly Gold Survey.
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