Gold, silver prices surge amid Fed gambit to cut U.S. rates
(Kitco News) – Gold and silver prices are sharply higher in midday U.S. futures trading Tuesday, with gold now gaining back all of Friday’s big losses.
‘Shock-and-awe’ Fed rate cut bullish for gold
(Kitco News) – Gold futures soared Tuesday after the Federal Reserve announced a 50-basis-point rate cut in an attempt to head off economic damage from the coronavirus outbreak, and analysts say they see still more upside potential for the yellow metal…
Read moreA spooked Fed
(Kitco News) – We have been telling our clients, who were concerned about the drop in metals against the back-drop of a collapsing global equity space, that the reaction was a normal pattern.
Read moreGold prices power higher on Fed gambit to lower U.S. interest rates
(Kitco News) – Gold prices are trading sharply higher in late-morning action Tuesday, following the surprise announcement from the Federal Reserve that it is lowering its benchmark interest rate—the Fed funds rate—by 0.5%.
Gold price shoots higher after Federal Reserves surprises with 50-basis point cut
(Kitco News) – Gold prices have shot higher after the Federal Reserve surprised markets with a 50 basis-point cut Tuesday morning.
Read moreLBMA: gold ounces transferred daily declines in January
(Kitco News) – The amount of gold and silver transferred between accounts of London Bullion Market Association members fell during January, the organization reported Tuesday.
Read moreTD Securities ups gold forecast, sees $1,700/oz average in 4Q
(Kitco News) – TD Securities has hiked its gold forecast, looking for the metal to average $1,700 an ounce in the fourth quarter and potentially trade as high as $1,800 at some point.
Read moreFXTM: ‘fundamentals remain in favor of the bulls’ in gold
(Kitco News) – Gold has bounced this week after experiencing its worst single-day decline since 2013 on last Friday.
Read moreGold prices up; G-7 offers no specifics to combat coronavirus
(Kitco News) – Gold and silver prices are higher in early U.S. futures trading Tuesday, on a further corrective bounce following sharp losses posted late last week.
Read moreBitcoin daily chart alert – Bulls holding up well early this week – Mar. 3
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Tuesday, following good gains Monday. The bulls are working to stabilize the market following the recent downdraft.
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