interest rates
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Gold back on the Fed grindstone
(Read More)Gold followers will hardly be unaware that every time a Fed Open Market Committee Meeting draws near the gold price moves, often quite sharply, on the will she, won’t she prospect of Janet Yellen announcing that at long last the Fed will start to raise interest rates again . . . .
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May Never Get Another Opportunity to Buy Gold at this Level Again
(Read More)America has chosen Donald Trump to be its next President and the world markets, whether metals, gold, bonds, equities or Forex are all highly volatile . . . .
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The Gold Market Is a Wildfire Waiting to Happen
(Read More)One major international global asset management firm says conditions are perfect for gold prices, comparing the market to a potential wildfire that is just waiting for the right spark . . . .
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Has the gold price digested another US rates rise?
(Read More)Metal remains firm overnight despite Federal Reserve minutes pointing to December increase . . . .
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U.S. Imports Record Amount of Gold from Switzerland in July
(Read More)It seems as if the tide has changed as the U.S. imported a record amount of gold from Switzerland in July . . . .
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Gold would Perform well under Trump Presidency
(Read More)Gold would do well under a Trump presidency because the metal likes confusion, said market commentator Dennis Gartman . . . .
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Daily Market Report 7/28/16
GOLD After yesterday’s Federal Reserve announcement, Gold initially headed lower, reaching $1,320 per ounce. When it was made clear that the Fed was dovish on the economy due to a poor durable goods number, Gold started to rally. There is some optimism now that the Fed could raise interest rates in September. It is more probable, however, that December will...(Read More) -
Daily Market Report 7/27/16
GOLD This morning Gold opened higher, reaching a high of $1,329 per ounce. After the Federal Reserve press release announced no change in interest rates, Gold dropped $4 in active trading. At 11:10am PDT today, Gold is trading at $1,322 per ounce, up $2 on active volume. SILVER Silver finally broke back above the key $20.00 resistance level, reaching $20.14...(Read More) -
Daily Market Report 6/16/16
GOLD Yesterday’s press conference from Federal Reserve Chairman Janet Yellen was very bullish for Gold. Chairman Yellen’s biggest surprise was the lack of any hint that the Fed is ready to raise interest rates any time soon. There was speculation that the Fed would raise interest rates in July, after Yellen’s press conference it has now been pushed out to...(Read More) -
Gold Could Even Go to $1,400; Here’s Why
(Read More)Gold’s momentum continues following Wednesday’s Federal Reserve meeting . . . .