“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 …
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 …
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 …
(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 …
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.
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 …
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 …
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 …
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 …