Gold 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.
Read moreFederal Reserves Stands Pat, Leaves Rates Unchanged
Kitco News reports on the September Federal Open Market Committee (FOMC) monetary policy decision
Read moreCiti: Many Gold-Mining Companies Losing Money Despite Cutting Costs
Citi Research remains downbeat on the gold-mining sector. Companies have cut costs and got help when local currencies weakened against the U.S. dollar,
Read moreTomaGold Announces Start Of Drilling Program By Iamgold On Monster Lake Project
TomaGold Corp. reports that Iamgold Corp. (NYSE: IAG, TSX: IMG) will start a new drilling program on the Monster Lake project located some 50 kilometers southwest of Chibougamau, Quebec.
Read morePhiladelphia Fed’s Manufacturing Index Falls To -6.0 In September
Kitco News report the the Philadelphia Federal Reserve manufacturing business outlook survey for September
Read moreU.S. Weekly Jobless Claims Fall By 11,000 To 264,000
First-time weekly jobless claims in the U.S. fell by 11,000 to a seasonally adjusted 264,000 during the week to Saturday, the Labor Department said Thursday.
U.S. Housing Starts Fall 3%, Building Permits Rise 3.5% In August
Kitco News reports on U.S. housing starts and building permits for August
Read moreGold Weaker Ahead of FOMC Conclusion Today
Gold prices are modestly lower in early U.S. trading Thursday, on a corrective pullback and chart consolidation after good gains posted Wednesday.
Read moreToday Is The Day–FOMC Rate Decision.
Gold prices are modestly lower in pre U.S. market trading.
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