Gold To Remain Volatile Ahead Of Key Fed Meeting Next Week – Analysts
Although there is a full slate of U.S. economic data to be released next week, analysts say the markets only care about one thing: the Federal Open Market Committee (FOMC) meeting.
Fed Rate Hikes Unlikely To Be Game Changer, Supportive Factors For Gold – Capital Economics
Although all eyes are fixated on next week’s Federal Reserve meeting, one research firm says an interest rate hike will unlikely be a game changer for commodities, and there are still factors supporting gold.
Kitco Gold Survey Shows Indecisiveness Among Wall Street, Main Street
Indecisiveness continues to grip the gold market as retail investors and market professionals remain at odds, trying to guess gold’s reaction ahead of one of the most anticipated central bank decisions in recent years.
World Economic Forum Report Seeks Changes For Sustainability In Mining Sector
Mining will not disappear but more recycling is likely, with technology playing a bigger role than ever.
Read moreGold-Mining Stocks Mostly Lower But Sibayne Rises After Rustenburg Purchase
Gold-mining stocks that trade in North America had a mostly softer tone during the first three trading days of this week, with Sibanye Gold Ltd. an exception after entering the platinum business.
Read moreGold Falls Below $1,100, Hits 4-Week Low, on Technical Selling Pressure
December Comex gold futures dropped to a fresh four-week low of $1,098.10 an ounce as of this writing in mid-morning U.S. trading Friday.
Read moreNomura: More Optimistic On Prospects For Indian Sovereign Gold Bond Scheme
Nomura Economics is more optimistic about the prospects of success for India’s sovereign gold bond scheme (SGB) than the gold monetization scheme (GMS).
U.S. Producer Price Index Remains Unchanged In August, Core Rises 0.3%
(Kitco News) – Pipeline inflation pressure in the manufacturing sector remain muted, but managed to rise more than expected, according to the latest data from the U.S. Department of Labor
Read moreGold Weaker on Bearish Charts, Outside Markets
Gold prices are modestly lower in early U.S. trading Friday. Selling on this day stems from bearish outside markets and a continued negative near-term chart posture.
Read moreGold Tries To Find Direction Ahead Of Next Week’s FOMC – Gary Wagner
Gold is trading sideways ahead of next week’s much anticipated Federal Open Market Committee Meeting (FOMC) but the metal managed to rebound after hitting a 4-week low on Wednesday.