Gold Solidly Up, Hits 4-Week High, on Bullish Fundamentals
Gold prices ended the U.S. day session solidly higher, pushed above the key $1,200.00 mark and hit a four-week high Thursday. The yellow metal was boosted by bullish remarks from the Federal Reserve chair on Wednesday afternoon and on safe-haven deman…
Read morePhilly Fed Manufacturing Index Rises To 15.2 In June
Kitco News reports on the Philadelphia Federal Reserve manufacturing survey for June
Read moreU.S. Weekly Jobless Claims Fall To 267K
First-time weekly jobless claims in the U.S. fell by
12,000 claims to a seasonally adjusted 267,000 during the week to Saturday, the
Labor Department said Thursday.
U.S. Consumer Price Index Rises 0.4% In May
U.S. consumers saw an increase in price pressures in May,
rising for the fourth stragith month, according to the latest data from the
Department of Labor
Gold Rallies to 3-Week High on Dovish Yellen Remarks, Greece Concerns
Gold futures prices are solidly higher and hit a nearly
three-week high of $1,200.00 in early U.S. trading Thursday. The yellow metal
is boosted on short covering and fresh speculator buying–and even some
safe-haven demand.
Gold To End The Year Over $1,200/oz – RBC’s Gero IPMI Survey
Gold was rallied overnight pushing to just below $1,200 an ounce after
comments from Federal Reserve Chair Janet Yellen helped to weaken the U.S.
dollar says commodity analysts at Commerzbank.
Gold Rallies On Dovish Yellen Remarks
(Kitco News) – Gold and silver markets are solidly higher in early U.S. Trading following Tuesday’s FOMC meeting. Short Covering, bargain hunting and some safe-haven demand Are featured in gold.
Read moreThe 6PM Recap With Gary Wagner: WOW! Special FOMC Report For June 2015 Meeting
We think that in the FOMC press release (which you can read in its entirety below with significant phrases and words bolded), the seeds can be found of a further pushing back of a Federal Reserve interest-rate hike until December. Strikingly, the most …
Read moreGold Prices See Mild Uptick in Wake of FOMC Statement
Gold prices are modestly higher in afternoon U.S. trading Wednesday, in the wake of the just-released FOMC statement that contained no significant surprises.
Read moreFederal Reserve Upbeat On U.S. Economy
Kitco News reports on the results of the June Federal Open Market Committee (FOMC) meeting.
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