Kitco News host interviews Philip Newman, director of Metals Focus, for his forecast for gold and silver, which appears to be positive...
On Thursday the Swiss franc rose even higher reaching fresh one-month highs against the dollar after the Swiss National Bank left its deposit rate unchanged at a record low. The regulator said, however, that it is ready to take further action to weaken the franc...
Chinese stocks head for the biggest weekly loss in six years as IPOs drain cash from the market this week and as investors are wary that the market is in a bubble...
On Thursday the pound sterling reached seven-month peak against the greenback when data showed that U.K. retail sales rose last month. The dollar was weaker after the FOMC statement...
The eurozone finance ministers meet in Luxembourg on Thursday afternoon, with Greece in focus. However, hopes for a deal faded away after Greek Prime Minister Alexis Tsipras said he’ll reject any agreement that imposes “catastrophic” policies on the burdened country...
According to Kitco News analyst Gary Wagner, in the FOMC press release, the seeds can be found of a further pushing back of a Federal Reserve interest-rate hike until December...
On Thursday the greenback extended losses against the yen and the euro as the U.S. central bank failed to demonstrate clear commitment to raise rates in September...
Obsessing Over Profit Margins Is Good Way to Miss S&P 500 Gains (Bloomberg) Energy Industry Is Gassing Down: Collapse of oil and gas prices has producers rethinking output (WSJ) Amazon Vs...
Draft Biden 2016 is a group of people who are preparing the groundwork for Biden in the early states of New Hampshire, South Carolina, and Iowa as well as building up an army of volunteers and supporters around the country...
Platinum hit its lowest level since May 2009 on Tuesday settling at $1,080.80 an ounce. With market sentiment being bearish, some analysts consider the downtrend is soon to bottom up and prices will begin rising...
According to HSBC analysts, demand from emerging markets is changing the nature of the bullion market. Until recently, investment demand was the primary driver of gold, but emerging-market demand, which is price-sensitive, has become an increasingly important stimulus of gold prices...
US DOLLAR TECHNICAL ANALYSIS – Prices paused to digest losses after sliding to the weakest level in three weeks. Near-term support is at 11834-9 area (May 20 close, 50% Fibonacci retracement), with a break below that on a daily closing basis exposing the 61.8% level at 11790...
On Wednesday the greenback edged lower against its rivals, as markets were nervous ahead of the Federal Reserve's policy statement, though analysts do not predict major changes. However, markets await cues on the timing of the rate hike. Interest rates in the U.S...
On Wednesday stocks in Hong Kong recovered ahead of the conclusion of a U.S. Federal Reserve meeting later in the day. Shares in China gained back some of the ground lost on first two trading days of the week...
On Wednesday the pound surged to one-month highs against the dollar after the release of positive U.K. data which boosted the outlook for the economic recovery...
West Texas Intermediate oil futures edged higher on Wednesday, amid speculation weekly supply data due later in the session will show U.S. crude inventories fell at a faster pace than expected last week...
The Australian dollar dropped against its U.S. counterpart on Wednesday, as the greenback found broad support ahead of the Federal Reserve's monthly policy statement due later in the day...
In a press release, the London based Bitcoin advertising network BitMedia.IO says that it has received $100 000 investment from the CEO of BitMedia.IO and a private angel investor. The company was co-founded by former executive officer of CEX...
The precious metals are are basically stuck within a trading range. Gold remains between $1170 and $1200 while silver is respecting its trading range of $15.80 to $16.25...
