
fed meeting
-
Fed ends quantitative easing program, Alan Greenspan praises gold?
- October 29, 2014
- Posted by: Orkan Ozkan
- Category: Featured, Gold, Government, News
2 CommentsThe Federal Reserve concluded its monthly meeting today, in which it decided to end its quantitative easing (QE) program and continue to keep interest rates low for a “considerable time”. These announcements were in line with analyst expectations. You can see the full official statement here. The Fed’s QE program, introduced in 2008, involved the central bank
-
Gold reaches near 4-week high on lower dollar, Fed uncertainty
- October 13, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Gold, Government, News
Gold rose on Monday, with the spot price hitting a near four-week high of $1,237.30 an ounce, amid a drop in the dollar and uncertainty over when the Federal Reserve might raise interest rates. The previous week gold posted a 2.7% gain, its largest weekly gain in four months. The minutes from the Federal Reserve’s mid-September meeting were
-
This Week in Gold: Fed meeting, analyst opinions, and more
- October 10, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News, Silver, This Week in Gold
This week in gold, we shared with you some interesting opinions on gold and silver from various analysts, including thoughts from former Federal Reserve Chairman Alan Greenspan. We also covered the official minutes from the Fed’s mid-September meeting and their effect on the markets. Former Fed Chairman Alan Greenspan Talks Gold Alan Greenspan, who served as Chairman
-
Gold gets boost after Fed shows concern over dollar, economic growth
- October 8, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Gold, Government, News
Gold prices received a boost of about 1% on Wednesday as minutes from the Federal Reserve’s mid-September meeting were released. The minutes showed concern from the central bank about the strengthening dollar and weak economic growth in Europe and Asia. The Wall Street Journal explains: Officials worried at the Sept. 16-17 policy meeting that a burgeoning U.S.
-
Gold Feeling Effects of Fed Meeting and Scotland’s Independence Vote
- September 18, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Gold, Government, News
Gold fell and then stabilized on Wednesday afternoon as the Federal Reserve released a policy statement upholding its plans to keep interest rates near zero for a “considerable time” (read the full statement here). Around 2:53 p.m. EDT, gold for December delivery fell by $3.90 to $1,232.80 an ounce on the Comex. It finished the session at $1,235.90, which
-
Janet Yellen: “The labor market has yet to fully recover.”
- August 22, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News
Speaking at an economic summit in Jackson Hole, Wyoming featuring top economists and central bankers from across the globe, U.S. Federal Reserve Chairwoman Janet Yellen remarked that “the labor market has yet to fully recover” from the 2007-8 financial crisis. See the full text of her speech. Other important remarks Yellen made include: Wage growth
-
Mixed Sentiments in Latest Federal Reserve Meeting Minutes
- August 21, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News
Minutes from the U.S. Federal Reserve’s late-July policy meeting released on Thursday were mixed in terms of a possible earlier interest rate hike. Market reactions were mixed as well, as gold fell to a two-week low, bond yields dipped, and stocks and the U.S. dollar fell at first but then rallied. “The hawkish voices within the Fed have become louder. While
-
Top Central Bankers and Economists to Meet Secretly in Jackson Hole, WY
- August 18, 2014
- Posted by: Orkan Ozkan
- Category: Government, News
Anticipation is building and predictions are brewing as central bankers and economists from around the world are set to meet in Jackson Hole, Wyoming this Thursday-Friday for an annual summit. Minutes from the U.S. Federal Reserve’s and the Bank of England’s latest meetings are also due on Wednesday of this week. (For more information, see
-
This Week in Gold, and Argentina’s Default
- August 1, 2014
- Posted by: Orkan Ozkan
- Category: Gold, Government, News, This Week in Gold
This week in gold was full of economic news that investors then reacted to in markets far and wide. The data on the U.S. economy was mostly positive, but not without caution. Meanwhile, Argentina has defaulted on its debt, sending markets into a tailspin. Geopolitical tensions have also been weighing on the precious metals market, with
Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!