Wednesday, December 13, 2023

FOMC statement leans dovish, gold price rallies

FOMC statement leans dovish, gold price rallies: FOMC statement leans dovish, gold price rallies Gold and silver prices aare solidly higher and hit new daily highs in the aftermath of the Fed's FOMC meeting conclusion. The FOMC statement was surpris...

Friday, September 8, 2023

Gold price firmer in quieter trading; U.S. CPI next focal point

Gold price firmer in quieter trading; U.S. CPI next focal point: Gold price firmer in quieter trading; U.S. CPI next focal point Gold prices are firmer and silver prices near steady in more quiet early U.S. trading Friday. More mild short covering is featured in go...

Friday, February 17, 2023

Gold market cautious as investors spooked by risk of Fed hiking 50 bps in March

Gold market cautious as investors spooked by risk of Fed hiking 50 bps in March: Gold market cautious as investors spooked by risk of Fed hiking 50 bps in March Gold is down for the fourth week in a row as markets are worried about how aggressive the Federal Reserve will have to b...