Graham Tuckwell, who created a $125 billion market in exchange-traded gold in less than a decade, is struggling to convince regulators and investors he can do the same for industrial metals. More than a year after he sought permission to start an exchange-traded product backed by copper held in warehouses, the U.S. Securities and...
By Liam Pleven Reuters The notion that the Fed’s announcement could be a game-changer for the gold market is looking tarnished at the moment. Many fans of the precious metal see monetary policy as a main price driver, as cheaper money is seen as eroding the value of paper currencies. But gold investors seem...
SINGAPORE (AP) — Oil hovered near $84 a barrel Wednesday in Asia as investors looked to the U.S. Federal Reserve for signs of stimulus measures to boost weak economic growth. Benchmark oil for July delivery was down 5 cents to $83.98 a barrel at midday Singapore time in electronic trading on the New York...
By Jim Wyckoff of Kitco News Comex gold futures prices ended the U.S. day session moderately lower but well up from the session low in volatile trading Wednesday. The gold market gyrated in the aftermath of the FOMC statement issued around midday. August gold last traded down $8.10 at $1,615.10 an ounce. Spot gold...
SINGAPORE (AP) — Oil fell below $84 a barrel Wednesday in Asia as investors waited word from the U.S. Federal Reserve on whether it plans new stimulus measures to boost weak economic growth. Benchmark oil for July delivery was down 45 cents to $83.58 a barrel at late afternoon Singapore time in electronic trading...
Trading the News: Federal Open Market Committee Interest Rate Decision What’s Expected: Time of release: 06/20/2012 16:30 GMT, 12:30 EDT Primary Pair Impact : EURUSD Expected: 0.25% Previous: 0.25% DailyFX Forecast: 0.25% Why Is This Event Important: Although the Federal Open Market Committee is widely expected to maintain its current policy in June, the...
20 June 2012 Gold Oil PLC (“Gold Oil (Frankfurt: A0DK4Z – news) ” or “the Company” or “the Group”) Trading update Gold Oil, (AIM: GOO), an oil and natural gas exploration and exploitation company focused on South America is pleased to announce the following: Corporate presentation The Company has uploaded onto its website a...