Gold Weaker; FOMC, Yellen Press Conference in Focus
(Kitco News) – Gold prices are again modestly lower in early U.S. trading
Wednesday. The presently bearish near-term technical postures for gold and
silver are keeping buyers on the sidelines.
The 6PM Recap With Gary Wagner: Fed Puts Most Markets In Holding Patterns
Fed Puts Most Markets In Holding Patterns As Gold Stays Range Bound and U.S. Equities Find New Life
Read moreIs Now The Time To Buy Platinum?
Although platinum prices are trading at a six-year low and
the platinum:gold ratio is at its lowest point in two years, some precious
metals analysts think a bottom is close at hand and prices could soon turn
upward.
Gold Weaker; Bears in Technical Control; FOMC Results Awaited
Gold prices ended the U.S. day session modestly lower Tuesday. While some safe-haven demand has limited selling pressure in gold early this week,
Read moreGold Market To Remain Range-Bound Following Conclusion Of FOMC Meeting – Analysts
The gold market is once again testing the lower end of its trading range as the Federal Open Market Committee (FOMC) meeting kicks of day one of its two-day monetary policy meeting.
Read moreJunior Miners, Prospectors Get Thrown A Life Line
The junior mining industry has been cash starved for years, and with capital outflow into the sector lower this year than in previous years, a Quebec-based royalty company introduced an innovative way to help the beleaguered sector.
Read moreBank of China, First Chinese Bank to Join LBMA Gold Price Auction
Next week the Bank of China will be participating in gold’s benchmark electronic auction process, the London Bullion Market Association (LBMA) announced Tuesday.
U.S. Housing Starts Fall 11.1%, But Building Permits Rise 11.8% In May
Kitco News reports on U.S. housing starts and building permits for May
Read moreGold Weaker as Charts Remain Firmly Bearish
Gold prices are modestly lower in early U.S. trading Tuesday.
Read moreGreek Debt Drama Continues To Play Out
Kitco News) -Gold and Silver prices are modestly lower in early U.S. trading. Both Metals continue to suffer from bearish near-term technical postures. However, the downside in safe-haven gold is being limited by The Greek debt crisis and its implications for the European Union, overall