Gold Silver Reports ~ China’s retail sales grew 11.2 percent during the week-long Lunar New Year vacation compared with the same holiday period last year, Ministry of Commerce data showed on Saturday.
World Market
World’s First Global Institutional e-Exchange For Physical Precious Metals
Gold Silver Reports ~ Allocated Bullion Exchange [ABX] has launched the world’s first global institutional e-Exchange for allocated physical precious~metals, which will provide market participants integrated, transparent, and secure access to local markets and global liquidity—pools.
Crude Oil Prices Zoom after Reports By Energy Minister of OPEC
Gold Silver Reports ~ Crude Oil Prices Zoom after Reports By Energy Minister of OPEC- member United Arab Emirates sparked hopes of a coordinated production cut, but oversupply concerns damped gains.
Why Gold is Going Up Up Up? – Video
Stocks tumbled and gold prices surged to a one-year high with Federal Reserve Chair Janet Yellen unable to stop the latest market upheaval
Gold Surges to One Year High – Video
Gold Up Up Up Surges To One~Year High on Financial Uncertainty
Gold Rocket on U.S. Rate Hike Report
Gold Silver Reports ~ Gold climbed more than 1 percent to its highest in 8 months on Thursday after Federal Reserve Chair Janet-Yellen stressed that U.S. interest rates would rise gradually.
The Fed is unlikely to reverse its plan to raise interest rates further this year, but tighter credit markets, volatile financial markets, and uncertainty over Chinese economic growth have raised risks to the U.S. economy, Yellen told U.S. lawmakers on Wednesday.
*A slowing of rate hikes could help bullion, keeping down the opportunity cost to hold it.
*Spot gold Zoom to $1,213 an ounce, its highest since May 22, before paring gains to trade up 0.9 percent at $1,208.27 by 0059 GMT.
After Yellen Reports, Gold Near 8 Month High
Gold Silver Reports ~ After Yellen Reports, Gold Near 8 Month High on Wednesday after U.S. Federal Reserve Chair Janet Yellen said that only “gradual” adjustments to monetary policy were likely and stressed that global headwinds could hurt U.S. growth.
Janet Yellen; Fed Rate Hikes In Congress
Gold Silver Reports ~ Federal Reserve Chair Yellen will defend the U.S. central bank’s 1st rate hike in a decade and likely insist that further rises this year remain on track, albeit at a slower pace, when she addresses Congress on Wednesday.
Small Business Compensation
Small Business Compensation
Global Crude Oil Demand Growth is Likely to Ease Back
Gold Silver Reports ~ Global oil demand growth is likely to ease back considerably to 1.2 mb/d in 2016 due to notable slowdowns in Europe, China and the United States, according to the newly released IEA Oil Market Report (OMR) for February.