The 6PM Recap With Gary Wagner: Steady and Puzzled Markets Head Nowhere Perhaps Seeking Divine Intervention On Stimulus
Conventionally, people would say: “The dollar is steady before the Fed statement Wednesday afternoon.” We would say: “The dollar, like other markets – with a few exceptions – has no idea what it’s doing.”
Kitco News Recaps Highlights from Industry Experts : LBMA
Kitco News just wrapped its coverage from the London Bullion Association (LBMA) annual gathering in Vienna, Austria.
Read moreGold Demand Up In Q3; Price To Fall Below $1,100 In 2015 – GFMS Gold Survey 2015 Update
As gold demand rose in the third quarter of the year, particularly with higher coin and bar sales as well as official-sector buying, the latest data from Thomson Reuters GFMS shows that analysts expect prices to fall back this year.
Gold Ends Near Steady as Traders Await FOMC Statement
Gold prices ended the U.S. day session near unchanged in quieter trading Tuesday. Traders and investors were extra cautious ahead of Wednesday afternoon’s statement from the Federal Reserve’s Open Market Committee. December Comex gold was last down $0.20 at $1,166.00 an ounce. December Comex silver was last down $0.04 at $15.825 an ounce.
Congressman: U.S. House-Passed Mining Legislation Necessary For Defense, Economy
The sponsor of legislation aimed at speeding up the permitting process for mineral exploration projects, which passed the U.S. House of Representatives last week, said the changes are necessary for defense and economic purposes.
Read moreGold Futures May Be Indicating Bullish Bias Ahead of FOMC Meeting – ETF Securities
As markets prepare for this week’s Federal Open Market Committee meeting, ETF Securities says gold futures may be headed towards the bullish side.
Gold Imports From China & India Mixed; Expect Demand To Rise – Capital Economics
According to the latest data, China’s gold imports from Hong Kong rose in September for the third consecutive month, and analysts from one U.K.-based research firm expect this trend to continue.
U.S. Consumer Confidence Index Falls To 97.6 In October
The Conference Board reported Tuesday that its index for U.S. consumer confidence fell to 97.6 in October from a revised 102.6 in September.
Read moreMcEwen Mining Reports Record Third-Quarter Production
McEwen Mining Inc. (NYSE, TSX: MUX) reports record production for the third quarter and the first nine months of 2015, with the El Gallo Mine the “star performer.”
Orders Of Durable Goods Fall By 1.2% In U.S. During September
Orders for durable goods in the U.S. fell 1.2% during September, the Commerce Department reported Tuesday.
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