A family of Gypsies lost its bid to use a $100,000 pile of gold as collateral to free one of their own as he awaits trial for an alleged slashing outside a Manhattan club. The Elis, a New York-based Romany family, brought a collection of old-world …
Hopes of low U.S. interest rates, no Fed taper boost gold * Short-covering helps drive gold's rally after Fed * Gold seen bottoming on charts * Coming up: CFTC Commitments of Traders report Friday (Adds trader comment, technical analysis, second byline …
Rao has suggested that the condition of providing proof of export before allowing import of next consignment of gold should be done away with for the exporters of gems and jewellery. Gold imports into India have declined significantly since July 22 …
Gold jumped 4 per cent on the US Federal Reserve's decision to maintain its easy monetary policy, recovering the $1,300 level it had breached during earlier trading. The yellow metal, which fell as much as 1.4 per cent to $1,291.34 a troy ounce before …
"He basically shelved tapering for the short and medium term," said Frank Davis, director of sales and trading at LEK Securities. Davis said the Fed would likely not vote to start pulling back until its mid-December policy meeting. The price of gold …
Canadian stocks fell from a two-year high, as gold producers and financial stocks slid following the U.S. Federal Reserve's decision yesterday to unexpectedly maintain the pace of its bond buying program. Barrick Gold Corp. dropped 2.7 percent even as …
That was a huge announcement by the Fed yesterday (18th) to keep monetary policy the same and the effect on the markets was immediate and dramatic. To say that this announcement was gold friendly would have to be one of the understatements of the …
NEW YORKâGold futures rose nearly 5% Thursday, extending the gains made after the Federal Reserve surprised investors by announcing it would stick to its bond-buying program. The bond purchases have pumped cash into the financial system, raising …
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes — just in case they're material to our investing thesis. Yesterday, the stock market soared in response to the Federal …