U.S. CPI Falls 0.3% In November
(Kitco News) – Weaker oil prices appear helped to push down consumer price pressures last month, according to the latest data from the Department of Labor.
Read moreGold Firmer on Corrective Bounce; FOMC On Deck
Gold prices are modestly higher in early U.S. trading Wednesday, on a corrective rebound from the selling pressure seen Tuesday. Some position squaring is also seen ahead of the conclusion of the FOMC meeting Wednesday afternoon. There is some safe-haven demand for gold amid this week’s steep slide in the Russian ruble. February Comex gold was last up $6.90 at $1,201.20 an ounce. Spot gold was last up $5.50 at $1,201.00. March Comex silver last traded up $0.153 at $15.905 an ounce.
The 6 PM Recap With Gary Wagner: Losing Their Cool
Like so many of the markets, gold seemed befuddled today. Lowering volume, choppy trading that surged then receded, and indecision based on flying rumors about what the Fed might or might not do, hampered gold.
Read moreHow “Green” is Lithium?
The market for battery electric and hybrid vehicles is growing slowly but steadily – from 0.4% in 2012 to 0.6% in 2013 and 0.7% in 2014 (year-to-date) in the United States alone.
Royal Canadian Mint Sees Robust Silver Demand
The Royal Canadian Mint is the second organization in as many weeks to highlight strong demand for silver bullion coins.
Read moreGold Ends Mixed But Nearer Daily Lows in Active and Choppy Trading Session
Gold futures prices ended the U.S. day session lower, with the spot, or cash, market finishing with slight gains. Prices fell back below the key $1,200.00 level, in a volatile day that saw prices trade both sides of unchanged. Safe-haven demand early …
Read moreTo Change Or Not To Change – Analysts Debate Anticipated FOMC Statement
Analysts are mixed as to whether or not gold prices could see some modest support on Wednesday following the release of the Federal Reserve’s monetary policy statement following the last Federal Open Market Committee meeting of the year.
US Dollar Strength Likely To Continue In 2015 As US Interest Rates Normalize
The U.S. dollar has been on a tear in the last quarter of 2014, and it will likely flex its muscles in 2015 as the Federal Reserve moves to normalize monetary policy.
Read moreGold Backs Down as U.S. Equities Stabilize, Focus Turns to FOMC
Comex gold futures prices have turned moderately lower, while the cash gold market is trading just above unchanged in late-morning dealings Tuesday.
Prices have dropped back below the key $1,200.00 level as the near-term technical posture for gold has…
U.S. Flash PMI Falls To 53.7 In December
(Kitco News) – The U.S. manufacturing sector continues to lose steam in December, adding to weakness reported in November, according to the latest Purchasing Managers Index data.
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