(Kitco News) – Gold prices rallied immediately after the Federal Open Market Committee announced Wednesday that it would leave its monthly bond purchases unchanged at $85 billion a month, in a decision that surprised the market. At 2:22 p.m. EDT, …
Gold notches largest one-day rally since June 1, 2012 * Fed cites strains in U.S. economy, high mortgage rates * Bullion's gains outsize S&P, commodities, dollar tumbles * Yellen front-runner for Fed chair nomination, seen bullish * Coming up: US …
The majority of market observers anticipate that the monthly bond purchasing volume will be reduced by $10-15 billion, so if this is the case the gold price is unlikely to come under further pressure. Of greater importance will be the way Bernanke …
PGA Tour Golfer Jordan Spieth Striking Gold On-And-Off The Course. 11 comments, 7 called-out. Comment Now. Follow Comments Following Comments Unfollow Comments. Comment Now. Follow Comments Following Comments Unfollow Comments.
(Kitco News) – The gold market rallied sharply in the immediate aftermath of a surprising “no-tapering” announcement from the U.S. Federal Reserve's Open Market Committee Wednesday afternoon. The key “outside markets” also quickly moved into a bullish …
After a two-day meeting, the release of the Federal Open Market Committee's statement at 2:00 on Wednesday unleashed a frenzy of buying in stock markets all over the world. The Fed bullishly surprised the market with its decision to maintain the …
Gold fell for the third consecutive session on Wednesday to a six-week low, as markets paused for the U.S. Federal Reserve to announce a reduction, albeit small, in its bullion-friendly stimulus measures. Investors expect that the Federal Open Market …
A gold iPhone 5S at Apple's headquarters in Cupertino, California last week. Apple's first gold-colour iPhone sold out immediately in Hong Kong and mainland China, according to reports and online buyers desperate to snap up the new status symbol.
NEW DELHI (Reuters) – India's gold imports could be 750 tonnes in the current fiscal year ending March 31, 2014, a government official said, down 11 percent from last year as official measures curb purchases in what has been the world's biggest bullion …