Tuesday, February 27, 2024

Gold slightly up in lackluster dealings

Gold slightly up in lackluster dealings: Gold slightly up in lackluster dealings Gold prices are a bit firmer and silver prices a bit weaker near midday Tuesday. Gold is seeing some short covering in the futures market and some perceived bar...

Wednesday, October 11, 2023

Gold prices holding near one-week high as FOMC minutes support \'higher for longer\' interest rates

Gold prices holding near one-week high as FOMC minutes support \'higher for longer\' interest rates: Gold prices holding near one-week high as FOMC minutes support 'higher for longer' interest rates The gold market is holding solid gains even as the minutes of the Federal Reserve's September monetary...

Wednesday, July 5, 2023

Gold pauses ahead of FOMC minutes release

Gold pauses ahead of FOMC minutes release: Gold pauses ahead of FOMC minutes release Gold prices are near steady up and silver solidly higher in midday U.S. trading Wednesday. Short covering from the futures traders was featured, especially in...

Sunday, March 26, 2023

Gold's bullish uptrend won't be reversed by a 'mean washout' - analysts

Gold's bullish uptrend won't be reversed by a 'mean washout' - analysts: Gold's bullish uptrend won't be reversed by a 'mean washout' - analysts The gold market retreated Friday as better-than-expected U.S. data and hawkish comments from St. Louis Fed President James Bulla...

Thursday, December 15, 2022

Gold, silver hit hard by hawkish Fed, surge in greenback

Gold, silver hit hard by hawkish Fed, surge in greenback: Gold, silver hit hard by hawkish Fed, surge in greenback Gold and silver prices are sharply lower in midday U.S. trading Thursday. The precious metals bulls were running for cover today amid sharp gai...

Thursday, August 18, 2022

Gold, silver weaker Thursday as USDX trades sharply up

Gold, silver weaker Thursday as USDX trades sharply up: Gold, silver weaker Thursday as USDX trades sharply up Gold and silver prices are modestly lower in midday U.S. trading Thursday, pressured by solid gains in the U.S. dollar index today. Losses in the...