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Markets 'want more substance' out of Powell as gold price tumbles $72 in less than an hour
Published: Friday, 11 September 2020 20:00 | 
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| (Kitco News) - Gold's price action once again kept investors on their toes as the yellow metal rallied to a daily high of $1,987 an ounce and then plunged more than $72 to $1,914 an ounce in just under an hour.
Gold price hits new daily lows as U.S. pending home sales beat expectations in July
Published: Friday, 11 September 2020 20:00 | |
| (Kitco News) - Gold fell to new daily lows after the U.S. pending home sales beat expectations in July, showing that more consumers committed to buying a home.
Gold price retreats as U.S. weekly jobless claims come in just above one million
Published: Friday, 11 September 2020 20:00 | |
| (Kitco News) - The initial weekly jobless claims dropped by 98,000 to 1,006,000 million in the week to Saturday, slightly disappointing market expectations.
Gold price down more than 1% as Fed's Jerome Powell sacrifices inflation for economic growth
Published: Friday, 11 September 2020 20:00 | |
| (Kitco News) - Gold prices have pushed back into negative territory after Federal Reserve Chair Jerome Powell said that the central bank will let inflation pressures creep higher.
Gold, silver see price pause ahead of Powell speech
Published: Friday, 11 September 2020 20:00 | |
| (Kitco News) - Gold and silver prices are trading near steady in early U.S. trading Thursday, pausing after solid gains Wednesday and ahead of some key U.S. economic data due out this morning, highlighted by a speech from Federal Reserve Chairman Jerome Powell.