Gold prices drop before FOMC monetary policy announcement
Risk aversion may weigh on bond yields, offering gold a lifeline
Crude oil prices may resume selloff as data shows supply swell
It was a whirlwind week. After attending two big conferences, I landed in Vancouver Friday where I presented at the International Metal Writers Conference. Markets continued to close at record highs, even as political uncertainty remained and the threat of terrorism loomed large over Western nations. Last Monday, gold flashed a bullish signal we haven't ...
Gold on Friday notched a third-straight winning session, a feat it had not achieved since mid-April, as the dollar drifted lower following slightly weaker-than-expected U.S. retail sales and inflation data.
Gold futures rose for a third straight session Tuesday for their highest settlement since late February, as financial markets await a meeting later this week between President Donald Trump and Chinese President Xi Jinping.
Gold prices have seen a rebound after the U.S. Federal Reserve raised its benchmark rate by 25 basis points last week. Since then, the weakness in the dollar has led to further strength in gold prices.View post