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Latest Stories for Gold/USD
From dnyuz.com | 2 hr 24 min ago
The Trump administration has handed out no-bid contracts this year to overhaul some of Washingtons most famous landmarks, including Lafayette Park and the Lincoln Memorial Reflecting Pool. Now, it is using a no-bid contract to spruce up some of the capitals more obscure features: four largely overlooked statues near the National Mall. The statues, ...
From vtmarkets.com | 7 hr ago
Lorie Logan, President of the Federal Reserve Bank of Dallas, said inflation remains too elevated and could prompt higher interest rates later this year if price pressures do not cool further. She said inflation is moving towards the mid-2s rather than reaching 2%, and that it is taking too long to return to the Feds target. She also said trimmed-mean ...
The Canadian economy hit a clear soft patch at the start of 2026, as confirmed by last weeks national accounts release. GDP was essentially flat in Q1, coming in below all expectations and pointing to softer underlying demand pressures. This aligns with earlier signals from the labour market, including weak hiring and a rise in unemployment at the start of ...
From tippinsights.com | 10 hr ago
The Canadian government has announced a one-year extension of key trade measures affecting steel and aluminum imports, keeping both tariff protections and tariff relief programs in place through June 2027. According to the announcement, Canada will continue operating its tariff remission program, which reimburses eligible companies for certain tariffs ...
From redwardassociates.substack.com | 12 hr ago
Gold is now in a bear market, falling >20% since its January peak. The metal looks set to break below its 200-day moving average (USD 4,417/oz) amid clear signs of subdued investor interest. These include: Trading volume on CME is subdued despite multiple margin cuts with total open interest in the 100oz futures contract near decade lows. Bullion is ...
From zerohedge.com | 14 hr ago
First the good news: according to the latest World Gold Council update, central banks, a key pillar of the bullish case for gold, have returned to adding holdings in April after notable selling in March sent the price of the precious metal tumbling. The 17 ton purchase represents a turnaround from steep sales in March, which at nearly 30 tons were the ...
From kitco.com | 15 hr ago
One day after a bombshell report from Bloomberg claimed the Reserve Bank of India (RBI) sold gold reserves worth roughly $12 billion in the two weeks through May 22, the central bank issued a firm denial. The RBI said in a statement on Wednesday that its physical stocks of the precious metal remain unchanged at 880.52 tonnes. "The Reserve Bank of India ...
Fed's Logan: Current monetary policy looks neutral or loose. Fed's Logan: Need mildly restrictive policy.
From canadianminingjournal.com | 17 hr ago
Russia says it could produce as much as 500 tonnes of mined gold this year, a figure that would make it the worlds largest producer and far exceed estimates from independent industry observers. Natural Resources Minister Alexander Kozlov told state-run news agency Tass that Russia would mine between 480 and 500 tonnes of gold in 2025 and that output last ...
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