Marketplace Still Consumed By Timing Of U.S. Rate Hike
Gold prices are seeing a tepid short-covering bounce from recent selling pressure that saw prices Wednesday Fall to another four-week low.
Read moreRandgold Reports Record Production; 3Q Profit Declines On Lower Gold Prices
Randgold Resources (LSE: RRS; NASDAQ: GOLD) reported record gold production during the third quarter and said it is accelerating exploration efforts, although the company did report a lower profit for the period.
Read moreThe 6PM Recap With Gary Wagner: What Yellen Said And What She Didn’t Say
It could be appropriate” to act at the Fed’s final policy-making meeting of the year in mid December, Fed Chairwoman Janet Yellen told the House Financial Services Committee.
Silver Wheaton Ups Guidance After Antamina Streaming Deal
Silver Wheaton Corp. (TSX, NYSE: SLW) has increased its production guidance for 2015 as a result of a new streaming deal with Glencore, and the transaction will mean yet another jump in 2016, the company’s chief executive said Wednesday.
Gold Falls To Another 4-Week Low on Hawkish Yellen Remarks, Higher U.S. Dollar Index
Gold ended the U.S. day session moderately lower, near the session low and dropped to another four-week low Wednesday.
Read moreUSD To Keep Climbing As Fed Raises Rates More Than Expected – Capital Economics
As gold struggles on the back of a stronger U.S. dollar, analysts at one U.K.-based research firm say they expect the strength in the greenback to continue as the U.S. Federal Reserve looks to raise rates.
Read moreVote Now In The Kitco Weekly Gold Survey
Have your say! vote now in the Kitco News Wall Street vs Main Street Weekly Gold Survey.
Read moreGold Loses Early Gains on Upbeat U.S. Data, Bearish Outside Markets
Gold prices in late-morning dealings have lost their modest gains seen in earlier trading.
Read moreISM: U.S. Non-Manufacturing Index Rises To 59.1% In October
The Institute for Supply Management said Wednesday that its headline non-manufacturing index rose to 59.1% in October from 56.9% in September.
Read moreGold Sees Corrective Bounce Following Recent Pressure
Gold prices are posting modest gains in early U.S. trading Wednesday, on a short-covering bounce in the futures market and a bit of bottom-fishing in both the futures and cash markets, after prices hit a four-week low Tuesday.
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