The Fed Is Not Quite Central Bank Of The World – Former Fed Chair Bernanke
As financial markets and foreign economies stand on the sidelines to see what the U.S. Federal Reserveâ??s next monetary policy move will be, one former Fed chair said it is not necessarily up to the Fed to be the central bank of the world.
Mining Stocks Fall With Gold, Silver; Some Outperform Amid Earnings Releases
Most shares of gold and silver producers that trade in North America fell this week along with the metals themselves, although some managed to fare better during another busy week of third-quarter corporate earnings releases.
Read moreGold Down, Hits 3-Mo. Low, in Wake of Surprisingly Strong U.S. Jobs Data
A surprisingly strong U.S. jobs report pushed gold prices solidly lower and to a three-month low in early U.S. trading Friday.
Read moreU.S. Nonfarm Payrolls Rise By 271,000 In October; Jobless Rate Dips To 5.0%
Nonfarm employment in the U.S. grew by 271,000 during October, the Labor Department reported Friday.
Read moreEndeavour Mining: Shareholders Approve La Mancha Transaction
Endeavour Mining Corp. (TSX: EDV; ASX: EVR) says a special meeting of shareholders has resulted in approval for a partnership with La Mancha Holding S.àr.l. and Naguib Sawiris.
Gold Sees Corrective Bounce Ahead Of US Jobs Report
Gold prices were firmer on a corrective bounce heading into Friday’s U.S. employment report from the Labor Department, which is arguably the most important data point of this week, if not this month. The key non-farm payrolls number is forecast to be u…
Read moreThe 6PM Recap With Gary Wagner: Markets Are Tethered To The Words Of Janet Yellen
Markets that trade in New York and Chicago found themselves not so much down as they were downbeat in tone, searching for some direction other than Fed Chairwoman Janet Yellen’s hawkish rate comments yesterday before Congress.
Gold Slightly Lower, Hits 7-Week Low; U.S. Jobs Data On Deck
Gold prices ended the U.S. day session slightly lower and fell to a seven-week low Thursday.
Read moreGold Market To Eye U.S. Nonfarm Payrolls For Next Clue On Fed Monetary Policy
A gold market that has oscillated on Federal Reserve expectations will zero in on the monthly U.S. employment report Friday for the next clue on whether U.S. interest rates will rise this year.
Read moreFriday’s Jobs Report Could Lead To ‘Final Exhausted Selling’ In Gold – Triland Metals
Precious metals prices have been in a downtrend on heightened expectations of a rate hike this year, but analysts at Triland Metals say that Friday’s nonfarm payrolls data may even push gold prices lower.