Tuesday, September 12, 2023

Gold, silver firmer ahead of key U.S. inflation report

Gold, silver firmer ahead of key U.S. inflation report: Gold, silver firmer ahead of key U.S. inflation report Gold and silver prices are modestly up in quieter midday U.S. trading Monday. A solidly lower U.S. dollar index is a supportive outside market el...

Friday, June 2, 2023

Gold, silver gain on ideas FOMC will pause at next meeting

Gold, silver gain on ideas FOMC will pause at next meeting: 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 mor...

Wednesday, February 22, 2023

Changing expectations of the Fed's forward guidance pressure gold lower

Changing expectations of the Fed's forward guidance pressure gold lower: Changing expectations of the Fed's forward guidance pressure gold lower The Federal Reserve first spoke about its forward guidance at last year’s Jackson Hole Economic Symposium. Specifically, it wa...

Thursday, July 14, 2022

Gold's year-end target is $2,050 and here's why 17% price surge still possible – Wells Fargo

Gold's year-end target is $2,050 and here's why 17% price surge still possible – Wells Fargo: Gold's year-end target is $2,050 and here's why 17% price surge still possible – Wells Fargo The strong U.S. dollar has been hurting gold's price, dragging the precious metal down to 8.5-month lows ...

Monday, April 4, 2022

Gold price kicks off Q2 with $30 losses, but $2k mark expected to be hit soon - analysts

Gold price kicks off Q2 with $30 losses, but $2k mark expected to be hit soon - analysts: Gold price kicks off Q2 with $30 losses, but $2k mark expected to be hit soon - analysts After a stellar first quarter, gold's April trading started on a sour note as prices dropped $30 on the day ami...

Thursday, December 23, 2021

Gold surges past $1,800 on dollar weakness and omicron fears

Gold surges past $1,800 on dollar weakness and omicron fears: Gold surges past $1,800 on dollar weakness and omicron fears Both gold and silver had significant gains resulting from a combination of dollar weakness and continued fears regarding the economic effec...