Why gold prices are likely to reach a record high this year – MarketWatch
Gold prices ended Thursday higher despite the Fed’s hawkish stance on monetary policy. Analysts were focused on a “confluence of factors” that could push gold prices to or above record highs. Adam Koos, president of Libertas Wealth Management Group, said the US central bank’s latest announcement sent a “ripple” through the gold market. Gold futures […]
US Dollar Holding Post-FOMC Gains for Now, Gold Continues to Nudge Higher – DailyFX
US dollar and gold analysis, prices and charts The probability of a rate cut in March has been significantly lowered as Chairman Powell continues to review the data. Gold hit its sixth consecutive low despite lower interest rate expectations. Learn how to trade gold with our expert guide: Recommended by Nick Corey How to trade […]
Diamond ring that was accidentally thrown away is found by recycling plant employees: ‘Struck gold’
A South Carolina woman is happy after a recycling plant recovered the diamond ring she accidentally threw away over the weekend. Melanie Harp of Greenville, South Carolina, was dumping recyclables into a trash can at the city’s Rutherford Road Recycling Center on Sunday, January 28, when disaster struck. Harper’s diamond wedding ring came off and […]
US to receive gold medals after Russia’s Kamila Valieva disqualification
Members of the U.S. Olympic figure skating team learned late Monday that they would win gold after Russian skater Kamila Valieva was disqualified from the 2022 Beijing Winter Olympics for doping. The U.S. Olympic and Paralympic Committee was informed that the IOC would award the gold medal to the United States in the team event, […]
Market analysts and retail investors await Fed's direction on gold prices – Kitco NEWS
(Kitco News) – Gold prices moved in a narrow $10 range this week between $2,016 and $2,025, with little reaction to even the most important data releases and corporate earnings reports. Latest Kitco News Weekly Gold Survey shows institutional professionals and retail traders remain cautious, forecasting a pivotal week for central banks and employment data […]
Menendez attorneys allege FBI ‘illegally’ searched, ‘ransacked’ home seizing gold bars, $500,000 cash
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Gold prices steady amid rate-cut uncertainty; Copper cools from China gains By Investing.com – Investing.com
©Reuters. Investing.com — Gold prices edged lower in Asian trading on Wednesday, holding on to the trading range set over the past week amid growing market uncertainty over a U.S. interest rate cut this year. Among industrial metals, prices edged lower after copper prices rose sharply earlier this week on growing optimism about China. Gold […]
Olympic gold medalist retires months before 2024 Paris Games
SYDNEY – Australian gold medalist Mack Houghton, who had a bitter rivalry with China's Sun Yang, announced his retirement from international swimming on Sunday. Horton, 27, won gold in the 400m freestyle at the 2016 Rio Olympics, but with six months to go before the Paris Games, she says she no longer has the motivation […]
Wall Street and Main Street get cold feet on gold prices – Kitco NEWS
(Kitco News) – Gold started the week on a high, trading around $2,050 an ounce, driven by safe-haven demand from Middle East conflicts and stubborn market sentiment that interest rates will be cut sooner. However, as the shortened holiday week progressed, hawkish central bank comments steadily declined and a lack of geopolitical energy stimulus dampened […]
Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities – CoinDesk
Silver has been around since dying stars began spewing out the metal billions of years ago. Bitcoin is 15 years old, but it's already a big deal in the US ETF market. The Bitcoin ETF had more assets than the silver ETF at the moment of its approval by the U.S. Securities and Exchange Commission […]