The Bank of England raise rates by 25 bps
Published: Friday, 01 July 2022 20:00 | 
| 
| (Kitco News) - The Bank of England raised rates by 25 bps today as expected. Prior to the meeting, it was expected that up to three members could vote for a larger hike.
Bitcoin daily chart alert - Bears in command - Jun. 16
Published: Friday, 01 July 2022 20:00 | |
| (Kitco News) - Bitcoin-U.S. dollar prices are weaker and near this week’s 1.5-year low in early U.S. trading Thursday. The bears have the strong near-term technical advantage amid a price downtrend in place on the daily bar chart.
Gold prices moving up following contraction in Philly Fed Survey to -3.3
Published: Friday, 01 July 2022 20:00 | |
| (Kitco News) - The gold market is holding in positive territory attracting some buying interest as the Philladephia Federal Reserve said its regional manufacturing sector has contracted in June.
Gold, silver see price pauses, post Fed rate hike
Published: Friday, 01 July 2022 20:00 | |
| (Kitco News) - Gold and silver prices are not far from unchanged in early U.S. trading Thursday. The metals traders are digesting the latest moves by major central banks, including a Federal Reserve rate hike Wednesday afternoon.
U.S. housing sees a sharp drop in May, gold price edges up
Published: Friday, 01 July 2022 20:00 | |
| (Kitco News) - Gold ticked up, reversing some early-morning losses, following the release of the U.S. housing data from May, with housing starts and building permits sliding more than expected.