Skip to main content
loading
loading

Gold Headlines

Gold rallies to a near 6-week high, but ends below the key $1,900 mark

Gold got a boost Wednesday from the Federal Open Market Committee’s last policy update of 2020, when Fed Chairman Jerome Powell “made it very clear that rates are not rising soon, and they are committed to pushing inflation higher,” said Peter Spina, president and chief executive officer at GoldSeek.com. The Fed on Wednesday emphasized its intention to keep interest rates pinned near 0% to at least 2023 until the economy fully recovers from the viral pandemic. “Price inflation…

Gold Bulls Take Heart From the Fed’s Resolve as Dollar Buckles

(Bloomberg) -- Gold advanced after the Federal Reserve strengthened its commitment to supporting the recovery in the world’s largest economy, and U.S. lawmakers made progress in getting a fiscal stimulus deal over the line.

Subscribe to Gold Headlines

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina