The 6PM Recap With Gary Wagner: Just When You Thought The FOMC Meeting Was Not Going To Get Any More Complicated, Along Comes Low Inflation
Tomorrow, should Chairwoman Janet Yellen and the rest of the voting members on the Federal Open Market Committee ignite lift off on the first rate hike since 2006, a majority of analysts believe a reactionary stock selloff would follow.
Read moreGold Solidly Higher on Short Covering, Bullish Outside Markets
Gold prices ended the U.S. day session with good gains Wednesday, on position-evening and short covering just ahead of what is arguably the most important U.S. economic event in months.
Read moreHow To Trade The Fed: Option Strategies For Thursday
To repurpose an old cliché: sometimes the best offense is a good defense, especially in financial markets when there is so much uncertainty surrounding Thursday’s Federal Reserve monetary policy decision.
Atlatsa To Place Two Platinum Shafts On ‘Care And Maintenance’
Atlatsa Resources Corp. (TSX, JSE: ATL) reports that the company and its joint-venture partner, Anglo American Platinum Ltd., want to close two high-cost shafts at the Bokoni Mine in South Africa.
Read moreVote Now In The Kitco Weekly Gold Survey
Have your say! vote now in the Kitco News Wall Street vs Main Street Weekly Gold Survey.
Read moreBMO: Federal Reserve Decision To ‘Set The Tone’ In Gold Market
A two-day meeting of the U.S. Federal Open Market Committee, which wraps up Thursday, may well set the tone in gold for the foreseeable future, says BMO Capital markets. A “decent-sized portion of the market” is expecting a rate hike, the bank says.
Gold Extends Early Gains on Short Covering, Technical Buying, Bullish Outside Markets
Gold prices are solidly higher and near the daily high in late-morning trading Wednesday.
Read moreHecla Plans To Begin Mining At San Sebastian By End Of 2015
Hecla Mining Co. (NYSE: HL) expects to begin open-pit mining at its San Sebastian project in the Mexican state of Durango by the end of 2015, the company announced Wednesday.
Read morePretium Resources Obtains $540 Million Financing To Develop Brucejack Mine
Pretium Resources Inc. (TSX, NYSE: PVG) has secured a $540 million construction financing package to start developing the high-grade, underground Brucejack Mine in British Columbia, the company announced late Tuesday.
Read moreGold Higher on Position-Evening Ahead of FOMC
Gold prices are moderately higher in early U.S. trading Wednesday, on some position-evening and short covering just ahead of what is arguably the most important U.S. economic event in months.
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