Very Quiet Ahead Of FOMC – Gartman
The Forex market has gone “very, very quiet,” writes newsletter writer Dennis Gartman on Tuesday, ahead of the second day of the Federal Open Market Committee (FOMC) meetings in Washington.
Gold Holding Up Well Against U.S. Dollar, Compared To Other Commodities
Unprecedented U.S. dollar strength has pressured commodity markets across the board, yet, despite its losses, gold remains one of the best performers in the precious metals complex, according to the latest research from Macquarie.
Read moreExploration Continues To Dip In Mining Sector – SNL Metals & Mining
(Kitco News) – SNL Metals & Mining’s Pipeline Activity Index (PAI) fell again in February and is now riding a five-month fall, despite half of the index performing well.
Gold Trades Near Steady Ahead of FOMC Conclusion
Gold prices are not straying too far from unchanged levels in subdued activity early Wednesday.
Read moreThe 6PM Recap With Gary Wagner: What We Can Expect From The Fed
If you are expecting the unexpected from the FOMC meeting, as they say in New York, fuggehdaboudit. The Fed is not inclined toward sudden or ill-considered thoughts, at least on the official newswire.
Read moreGold Sinks to 4-Month Low on Technical Selling
Gold prices ended the U.S. day session moderately lower Tuesday after hitting a four-month low in mid-morning dealings. Chart-based selling was featured amid a lack of fresh, major fundamental news so far this week. Focus is now squarely on the FOMC m…
Read moreHow ‘Patient’ Will The Fed Be?
(Kitco News) – The direction of U.S. monetary policy this year has come down to only one word, according to economists and market analysts.
Read moreGold Falls to 4-Month Low on Technical Selling Pressure
Gold prices extended slight, early losses to trade moderately lower after the futures market opened.
Read moreEndeavour Silver To Expand El Cubo Mine; Production Guidance Raised
Endeavour Silver Corp. (TSX:EDR)(NYSE:EXK) will expand its El Cubo mine, located in Guanajuato state, Mexico, in a bid to lower costs long-term.
Read moreGold Consolidation Underway, Support At $1,132/oz – Mitsubishi
Gold’s downtrend from the Jan. 22 highs remain intact, says Jonathan Butler, precious metals strategist for Mitsubishi. “[B]ut with gold now oversold on the RSI and MACD measures, a consolidation appears to be underway,” he says.