Gold prices edged decisively higher in early trading Wednesday, as investors await congressional testimony by Federal Reserve Chairman Ben Bernanke later in the day on the outlook for the U.S. economy and labor market. Investors are also awaiting the release of the latest FOMC minutes, which inve...read more
May 22, 2013
May 21, 2013
Gold turned sharply lower in early U.S. trading, dropping more than two percent on the New York Spot Market, while silver dropped just under three-percent. Light profit taking is featured in precious metals markets Tuesday, but prices are also under pressure from a broadly stronger U.S. dollar. ...read more
May 20, 2013
Gold fell for an eighth consecutive session Monday before staging a modest recovery, as a strong dollar and persistent worries over an earlier than expected end to quantitative easing dragged spot prices to a five-week low. Silver prices also declined, falling to their lowest level in 32-months. ...read more
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