Gold Silver Reports — Gold prices inched up early on Wednesday after two days of losses, with investors awaiting minutes from the US Federal Reserve’s last meeting in July for clues on the pace of potential interest rate hikes.
Silver Prices
High US Rates Greater Safe Haven Demand for Gold
Gold Silver Reports ~ Charles Gibson, an analyst with London-based Edison Investment Research, is nervous. Gibson says the U.S. Federal Reserve’s statement that it would push the benchmark interest rate to 1.375% by the end of 2016 could send