(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.
(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.
(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.
(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.
(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.