Slight price rises in gold, silver as FOMC meeting looms Gold and silver prices are slightly higher in quieter U.S. trading early Friday. It appears the precious metals are pausing ahead of a busy U.S. data week next week, including inflation reports and the FOMC meeting. August gold was last up $1.60 at $1,980.20 and […]

Gold, silver surge as USDX sinks, U.S. Treasury yields slip Gold and silver prices are sharply higher in midday U.S. trading Thursday, boosted by a solidly lower U.S. dollar index and a dip in U.S. Treasury yields on this day. August gold was last up $24.60 at $1,983.00 and July silver was up $0.796 at […]

Gold and silver prices look vulnerable as seasonal summer weakness kicks in – DeCarley Trading's Carley Garner The gold market has shown resilience with prices holding critical support around $1,950 an ounce even as the Federal Reserve is expected to maintain a tight grip on its monetary policy; however, despite the relative buoyancy in the […]

The Federal Reserve will hold its 11th FOMC meeting since they began rate-hikes The Federal Reserve will begin its Federal Open Market Committee (FOMC) meeting exactly one week from today on Tuesday, June 13th. On the morning of the 13th, the government will release its latest report on inflationary pressures vis-à-vis the CPI (Consumer Price […]

Gold gains as USDX slips, crude oil rallies Gold prices are modestly up and silver a bit weaker in midday U.S. trading Monday. Both markets pushed well off their early session lows when the U.S. dollar index lost its good early gains and as crude oil prices rallied. August gold was last up $6.00 at […]

Central banks' gold holdings drop for the first time in over a year in April, says World Gold Council Global central bank gold holdings fell for the first time in more than a year in April, as Turkey sold over 80 tonnes of gold, the World Gold Council (WGC) said in a report. Total central […]

Gold, silver gain on ideas FOMC will pause at next meeting Gold and silver prices are solidly higher in midday U.S. trading Thursday, amid a big U.S. economic data dump that culminates with Friday morning's U.S. jobs report. The precious metals are boosted today by ideas the Federal Reserve may pause in its interest-rate-hiking cycle. […]

Gold posts first loss in three months, but markets focus on Fed's 'hawkish pause'  The gold market posted its first monthly loss since February, wrapping May down about $36. As markets eye the crucial Congress vote to lift the debt ceiling, some Federal Reserve speakers are pushing for a "hawkish pause" at the June 13-14 […]

Gold gains as USDX weakens, U.S. bond yields dip Gold prices are solidly higher in midday U.S. trading Tuesday, supported by a weaker U.S. dollar index and a downtick in U.S. Treasury yields to start the U.S. trading week. The yellow metal hit a nine-week low overnight. Short covering in the futures market and some […]