US Federal Reserve Mining News

Hedge funds exit gold before Fed triggers worst rout in month

Prices fall as Fed raises rates, signals more to come. Investors exit SPDR Gold ETF at fastest pace this year.

Gold miners hammered by metal’s biggest one-day loss this month

Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month.

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.

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.

Gold stays near two-week low on US jobs data, public holiday

The precious metal price remained rooted in a very narrow range as trading volumes were limited Monday, a public holiday in the US and Canada.

Latest positive US jobs report fails to affect flat gold price

Prices of the metal have been fallen in the second half of this year as the prospect of a rate rise, the first since 2006, would lift the opportunity cost of holding bullion.

First pain, then gain: Gold seen hurt by Fed before rebounding

Gold will extend losses this year as U.S. interest rates increase, providing an opportunity for investors to buy the metal to benefit from a rebound spurred by Asian demand, according to Barclays Plc.

Gold rally set to continue

The minutes of the Federal Reserve’s December meeting released last week indicated that rates might not be raised before April.

Week ahead: Will Federal Reserve burst the bubble on Wednesday?

There have always been skeptics concerning the current highs for stocks who argue the markets are juiced by cheap money — the unusually low interest rates being facilitated by the US Federal Reserve — as well as demand chasing a shrinking supply of shares and massive stock buy backs by public companies.

Oh, Gold! Down to three-week lows after Yellen comments

Markets seem to have interpreted Janet Yellen’s remarks as impending rate hikes as early as early 2015.

Dr. Copper can’t find a cure for ongoing Chinese flu

Futures for May delivery fell on New York to a session low of $2.931 a pound, the weakest level since March 17.

Moody’s jumps on the gold bearish wagon

The rating agency reduced its 2014 forecast for average gold price from $1,200 to $1,100/Oz and from $20 to $18/Oz for silver.

Gold may hit rock bottom in first few months of 2014

While 2013 will go down as the year gold lost its glitter, 2014 may be remembered as the era it recovered some sparkle, yet it remained dull — analysts.

The gold rush is over: 2013 the worst in 32 years

2013 will go down as the year when being “as good as gold” became an offense.

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 down despite upbeat US jobs numbers

Gold prices hit a 5-month low, and is now within shouting distance of the psychologically important $1,200 level and the three-year low of $1,180.

Ben Bernanke comments on bitcoin

A September letter released on Monday shows what Ben Bernanke has to say about the controversial crypto-currency.

Gold at three-week low on Fed taper talk

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

St. Louis Fed drags down gold

St. Louis Fed President James Bullard says tapering may start next month.

The mini-taper

Gold losing ahead of FOMC announcement but analysts expect small reduction in bond purchases.

Gold getting knocked down again

Gold prices continued to nose-dive on Thursday, falling around 2,5% this morning to $1,329 after hitting a low $1,326 earlier.

Ron Paul discusses Bitcoins, the US Fed and Tesla Motors

Congressman Paul answers Redditors' questions in an 'Ask Me Anything' session.