Fed Mining News

Gold rises ahead of Fed meeting’s end

The precious metal was up Wednesday as investors assessed the probability that the Federal Reserve will raise interest rates as early as June.

Gold to hit $3,000 by 2019 — expert at Dubai conference

“The big problem is that monetary policy is contagious and central bankers no longer have any bullets left," said precious metal expert Diego Parilla.

The US Fed has $300bn in gold, new book reveals

Jim Rickards' latest book "The New Case for Gold" reveals that the Fed is holding massive amounts of gold at Fort Knox and West Point.

Gold recovers, but still heading for third-straight year of losses

The last time the yellow metal dropped in value for three consecutive years was between 1996 and 1998, and experts say prices will fall even further.

Gold prices are collapsing on surprisingly strong US jobs data

Blame Fed Chair Janet Yellen, as she said earlier this week that a rate hike in December was a “live possibility” if the economy continued to perform well.

Gold drops for fourth straight session as Fed rate hike now seen likely

Prices headed for a four-week-low on the Comex in New York.

Is Gold a Stupid "Pet Rock" or a Bedrock Asset?

Greece defaulted at the end of June, and metals investors expected higher prices in July. What we expected isn’t what we got. It isn’t the first or last time markets surprised investors. Do lower spot […]

Gold hit by Fed's Powell comments on rate hikes

Gold futures for August delivery declined for the third day Tuesday, hitting $1,177.30 an ounce in early trading on the Comex in New York.

Gold down on better-than-expected U.S. jobs report

Gold for April delivery on the Comex division of the New York Mercantile Exchange was last at $1,184.20 per ounce, or about $12 below where it was before the report was released.

Gold down again, some miners selling at loss

Friday’s rally was just a brief break for the precious metal.

Gold price collapses pass the $1,200 mark

It plunged as much as 3% to $1,198 an ounce, the lowest price in almost six months.

Gold prices ride rollercoaster on US jobs report

Gold hit a five-month low in the wake of the jobs report, but recovered quickly climbing 4.8% to 1,230.

Gold at three-week low on Fed taper talk

The precious metal hit its lowest since Oct. 17 at $1,275.80 an ounce.

Ghosts of LTCM

Could the FOMC be providing easy money in an effort to pre-empt the impact of the debt ceiling debate on the US economy?