Gold Holds Steady Despite Big Rally in U.S. Dollar Index
Gold prices ended the U.S. day session near unchanged in a two-sided trade Thursday.
Read moreGold Moves Above Unchanged as Traders “Buy the Dip”
Gold continues to show resilience as prices have moved above unchanged after trading weaker in earlier dealings.
Read moreLower Negative Interest Rates A Possibility – ECB’s Mario Draghi
Lower Negative Interest Rates A Possibility – ECB’s Mario Draghi
Sales Of U.S. Existing Homes Rise 4.7% To 5.55 Million Rate In September
Sales of previously owned U.S. homes rose by 4.7% in September to a seasonally adjusted and annualized pace of 5.55 million, according to a report Thursday from the National Association of Realtors.
Read moreFreeport-McMoRan Posts Net Loss During Third Quarter
Freeport-McMoRan Inc. (NYSE: FCX) reports a third-quarter net loss of $3.8 billion, or $3.58 per share, compared with a net profit of $552 million, or 53 cents a share, in the same period of 2014.
Read moreGold Weaker in Early U.S. Trading
Gold prices are trading modestly lower in early U.S. dealings Thursday. This week’s better performance of the U.S.
U.S. Weekly Jobless Claims Rise 3,000 To 259,000
First-time weekly jobless claims in the U.S. rose by 3,000 to a seasonally adjusted 259,000 during the week to Saturday, the Labor Department said Thursday.
ICE: China Construction Bank To Become Participant In Gold Auction
The Intercontinental Exchange reports that China Construction Bank Corp. has been approved by the ICE Benchmark Administration (IBA) to participate in the gold auction, which is used to determine the LBMA Gold Price, effective Oct. 30, ICE reports.
European Central Bank Leaves Interest Rates Unchanged
As was widely expected, the Governing Council of the European Central Bank left interest rates unchanged Thursday.
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