Gold Extends Early Gains on Short Covering, Bargain Hunting, Safe-Haven Buying
Gold futures prices are trading sharply higher and are at a two-week high in late-morning trading Friday.
Read moreInvestors Should Look Past U.S. Interest Rates – World Gold Council
The World Gold Council is encouraging gold investors to maintain a broader view of the marketplace instead of being micro-focused on when the Federal Reserve will be hiking interest rates.
Read moreGold Bears Start To Leave The Woods Post-Fed – RBC’s Gero
Gold is getting a bid in the short term but there are mixed factors longer term after the Federal Reserve left interest rates unchanged late Thursday, says INTL FCStone. Policy-makers cited global economic concerns but also indicated they envision hiki…
Read moreGold Up, Hits 2-Week High, in Wake of Dovish FOMC
Gold prices are higher and hit a two-week high in early U.S. trading Friday, in the aftermath of a much-anticipated FOMC meeting that fell into the camp of the U.S. monetary policy doves.
Read moreFreeport-McMoRan Completes $1 Billion Stock Offering, Files Prospectus For Another
Freeport-McMoRan Inc. (NYSE: FCX), Friday, announces the completion of its at-the-market offering of common stock that was announced on Aug. 10. The company raised $1 billion through the sale of 96.7 million shares.
Read moreKinross Trims Cost, Capex Guidance But Increases Lower End Of Output Range
Kinross Gold Corp. (TSX: K; NYSE: KGC) has upped the lower end of its guidance for production in 2015 while cutting its estimate of costs and capital expenditures, the company announced late Thursday.
Read moreMarketplace Still Digesting FOMC Meeting
Gold prices Are higher and hit a two-week high Friday morning, in the Wake of a dovish FOMC meeting result Thursday afternoon.
Read moreThe 6PM Recap With Gary Wagner: As Predicted, Fed Leaves Rates Unchanged In Face Of Global Economic Concerns
The statement issued by the Federal Open Market Committee touched upon a small handful of reasons it voted to hold rates steady. We highlight some of them below in bold.
Read moreGold Rises After Fed Leaves Rates Steady; Gains Limited Since Future Hike Still Possible
Gold rose after the U.S. Federal Open Market Committee left interest rates unchanged Thursday, but gains were limited since policy-makers indicated they still envision a hike yet this year and some investment flows were going into equities instead, ana…
Read moreGold Sees Moderate Rally in Aftermath of FOMC Leaving Rates Unchanged
Gold prices are moderately higher in afternoon U.S. trading Thursday, as prices rallied in the wake of the FOMC holding steady on its monetary policy and not raising U.S. interest rates.
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