Gold prices remain stable as the market eyes the Federal Reserve’s interest rate decision. US economic data releases are expected to provide more information. Traders anticipate interest rate cuts in the coming months. India’s platinum imports have increased due to loophole use. Silver fell, platinum fell slightly, palladium remained stable.
Interest Rates
Federal Reserve News, 19 July 2023: Fed Expected to Hike Rates by 25 Basis Points
Federal Reserve News, 19 July 2023: Gold prices eased on Wednesday from a 1-1/2-month high touched in the previous session, dragged by a slightly stronger dollar, even as investors bet that recent U.S. economic readings make the case for a pause in the Federal Reserve’s rate-hike stance.
Central Banks Look to Increase Gold Reserves as Geopolitical Worries Mount
By PIA CHAUHAN
Nearly a quarterof central banks are looking toincrease gold reserves this year, spurred on by geopolitical worries, interest rate concerns and rising inflation pressures.
Federal Reserve Sees Hike Rates 0.50 BPS in May Meeting [15-04-2022]
Federal Reserve officials are reinforcing expectations they’ll raise interest rates by a half percentage-point next month, accelerating a hawkish pivot to curb the hottest inflation in four decades.
Breaking: FOMC minutes say most participants suggested a faster pace of interest rate increases versus 2015
Breaking: FOMC minutes say: The minutes of the 25-26 January FOMC meeting, released on Wednesday, said that most participants suggested that a faster pace of increases in the target rate for the Federal Funds rate than in the post-2015 period would likely be warranted.
Stocks hold gains as Fed promises interest rate hike ‘soon’
Interest Rate Hike: Wall Street defended its strong gains Wednesday afternoon as the Federal Reserve said it was getting ready to raise interest rates.
Will interest rates rise in 2021? Powell Says No Rate Hike, No Taper
Will interest rates rise in 2021? Powell Says No Rate Hike, No Taper. Investors sold U.S. dollars after Federal Reserve Chairman Jerome Powell made it very clear on Tuesday that there will be no interest rate hikes or tapering in the foreseeable future.
Gold Prices Ticks Up as Virus Fears Counter Gains in Equities
Gold prices edged higher on Monday, supported by worries over surging coronavirus cases, while an uptick in risk appetite among investors limited upside for the safe-haven metal.
The Argument for Negative Interest Rates in the US has Strengthened, Goldman says — But the Fed Remains Opposed
The bank said that a deep and prolonged recession would warrant negative interest rates, as asset purchases and forward guidance from the Fed would likely not “fill the gap,” unless it started to buy risky assets like stocks. The argument for cutting interest rates below zero is the same as …
Federal Reserve January 2020 FOMC Interest Rate Decision Today – Gold Silver Reports
The Federal Reserve is on deck to release its January 2020 FOMC interest rate decision today at 19:00 GMT. Details provided by the US central bank will likely be examined closely by market participants for clues on changes in language communicated by Fed officials regarding their relative hawkish or dovish leaning.