Lower Negative Interest Rates A Possibility – ECB’s Mario Draghi
- Published in Gold & Silver
Sales Of U.S. Existing Homes Rise 4.7% To 5.55 Million Rate In September
Sales of previously owned U.S. homes rose by 4.7% in September to a seasonally adjusted and annualized pace of 5.55 million, according to a report Thursday from the National Association of Realtors. Source: Kitco
- Published in Gold & Silver
Freeport-McMoRan Posts Net Loss During Third Quarter
Freeport-McMoRan Inc. (NYSE: FCX) reports a third-quarter net loss of $3.8 billion, or $3.58 per share, compared with a net profit of $552 million, or 53 cents a share, in the same period of 2014. Source: Kitco
- Published in Gold & Silver
Gold Weaker in Early U.S. Trading
Gold prices are trading modestly lower in early U.S. dealings Thursday. This week’s better performance of the U.S. Source: Kitco
- Published in Gold & Silver
U.S. Weekly Jobless Claims Rise 3,000 To 259,000
First-time weekly jobless claims in the U.S. rose by 3,000 to a seasonally adjusted 259,000 during the week to Saturday, the Labor Department said Thursday. Source: Kitco
- Published in Gold & Silver
UBS Describes Mood At LBMA Conference As 'Notably Subdued'
The mood at this week’s London Bullion Market Association conference was “notably subdued,” says UBS. Source: Kitco
- Published in Gold & Silver
European Central Bank Leaves Interest Rates Unchanged
As was widely expected, the Governing Council of the European Central Bank left interest rates unchanged Thursday. Source: Kitco
- Published in Gold & Silver
The 6PM Recap With Gary Wagner: Markets Reacting To Each Other Still Struggle To Find Firm Direction
Gold seemed ready to stand its ground overnight but then crude oil, a bearish outside market, tumbled and helped drag gold down. Source: Kitco
- Published in Gold & Silver
Gold Falls on Profit Taking, Bearish Outside Markets
Gold prices ended the U.S. day session lower on some profit-taking pressure Wednesday, following recent gains. Source: Kitco
- Published in Gold & Silver