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Gold

China Opens Gold Market to Foreigners Amid Price Ambition
www.bloomberg.com

“It's indicative of the ambition to move the gold market more to where the consumption is,” Victor Thianpiriya, commodity strategist at Australia & New Zealand Banking Group Ltd., said by phone from Singapore. “It makes sense that price discovery …

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Gold Is Little Changed After Drop to 8-Month Low on Fed
www.bloomberg.com

Gold traded little changed in London after reaching an eight-month low as the Federal Reserve increased estimates for interest rates. Platinum touched the lowest level this year. The dollar reached a 14-month high against the euro today after Fed …

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The bullish case for gold prices? Add me to the skeptics
www.theglobeandmail.com

Still, I was left with the feeling I had coming into the conference: That the long-term bull case for gold rests mostly on the world, particularly the United States, falling apart. And I guess I wonder: If gold could only make it close to $1,900 (U.S …

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Comex Gold Eases Slightly After FOMC Statement, Then Stabilizes
www.forbes.com

(Kitco News) – Gold futures eased modestly but quickly stabilized Wednesday after a policy statement and forecasts from the Federal Open Market Committee that retained the “considerable time” language for when interest rates might rise but nevertheless …

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Scots snap up gold ahead of referendum
money.cnn.com

Data from the gold trading firm BullionVault shows orders for gold have spiked this month. Nearly 40% more Scottish residents have bought gold since the start of September compared to the same period last year.

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Have An Extra $14000? You Can Buy This Gold PlayStation 4
www.nbcnews.com

Pity the poor gamer, sitting on an Ikea couch, playing "Destiny" on a normal PlayStation 4. The rich and famous play on solid gold consoles from Gatti Luxury Lab. This PlayStation 4, made with 226 grams of 9-carat gold, costs a cool $13,800. "It's for …

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Gold inches up; Fed eyed for rate outlook
www.cnbc.com

Gold inched up for a third straight session on Wednesday as speculation mounted that the Federal Reserve would vow to maintain interest rates at low levels when the U.S. central bank concludes its policy meet later in the day. The Fed is expected to …

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Charts show gold could drop to $1000 an ounce if cluster of support lines broken
economictimes.indiatimes.com

Holdings of gold-backed exchange-traded funds, popular investment vehicles that issue securities backed by physical bullion, are 284 tonnes higher than they were when gold rose above $1,000 an ounce. Any positions added above that level would be …

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Gold Extends Losses on Dollar Strength, FOMC
online.wsj.com

Gold prices extended their losses on Wednesday as the dollar strengthened and traders mulled the Federal Reserve's policy statement. Gold for December delivery, the most active contract, was recently down $12.40, or 1%, at $1,224.30 a troy ounce in …

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