Gold prices advance for two consecutive weeks optimistic about rate pause garyswagner gold silver
In anticipation that the Federal Reserve will not raise its benchmark interest rate at the next FOMC meeting that ends on Wednesday, June 14 market participants have moved gold prices higher for the last two weeks.
Gains over the last two weeks come after pricing had been in a defined price correction which began during the first week of May when gold futures traded within a few dollars of the record high. The weeks beginning May 8, May 15, and May 22 all concluded with gold prices declining.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kitco daily macro-economic/business digest - June 8
Read more »
Signup for Kitco's Markets Front BurnerNavigate your financial journey with the 'Markets Front Burner' - your weekly digest by seasoned financial analyst Jim Wyckoff with over 35 years of experience, guide you confidently through your financial journey. Stay informed of crucial market trends, grasp intermarket insights, benefit from expert analysis, and be ready for what's unfolding next.
Read more »
For gold investors, a temporary solution to U.S. debt ceiling is the gift they wish would stop givingExclusive to Kitco News, technical analyst Gary Wagner provides a daily recap of what happened in the gold market, highlighting important events that captured investors' attention during the U.S. trading session. Wagner's commentary features a mix of fundamental news and technical analysis, noting important support and resistance levels.
Read more »
Markets are not rushing to the downside, but alternative assets may still have a placeKitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Read more »
Gold/Silver: Can this silver rally hold?Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Read more »
Gold moves through whipsaw city heading into Fed weekKitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Read more »