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interest rates

  • Federal Reserve releases final policy statement of 2014

    The Federal Reserve has released its final policy statement of 2014 declaring it “can be patient” on the issue of raising interest rates for the first time since 2008. The full statement can be read here. In its last few statements, including this latest one, the Federal Open Market Committee asserts that interest rates will likely remain near zero

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  • Peter Schiff talks gold, Federal Reserve, U.S. dollar, oil

    Peter Schiff, a well-known American entrepreneur, author, and financial commentator, recently spoke on RT’s Boom Bust about the U.S. economy, oil prices, the Swiss gold referendum, the numerous uses of gold, and more. Seeking Alpha has provided a partial transcript of the interview, which we have outlined for you below. On the latest U.S. jobs figures The latest ADP

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  • Fed ends quantitative easing program, Alan Greenspan praises gold?

    The 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

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  • Gold reaches near 4-week high on lower dollar, Fed uncertainty

    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

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  • Gold gets boost after Fed shows concern over dollar, economic growth

    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.

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  • This Week in Gold: U.S. Dollar Infographic, Market Happenings

    This week in gold, we shared an infographic depicting what $1 buys you then vs. now and covered notable movements in both the stock and gold markets. While markets may fluctuate, remember that physical gold is seen as a long-term investment offering real value and peace of mind that your wealth is protected. Infographic: “Then vs. Now:

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  • Dow Falls on Worries about Global Growth

    U.S. stocks fell to their lowest levels since mid-August on Wednesday, as the Dow Jones Industrial Average lost 235 points, or 1.4%, the S&P 500 lost 27 points, or 1.4%, and the Nasdaq Composite Index lost 77 points, or 1.7%. Gold futures gained 0.3% to $1,214.60 an ounce. Stocks began to decline later in the day after

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  • This Week in Gold: Interest Rates, Fed Meeting, Scotland Decides

    This week in gold, we saw a few interesting events unfold that each had an influence on gold, such as the latest Federal Reserve statement and the Scottish independence referendum. We also took a look at gold’s controversial relationship with interest rates and how the world’s nations rank in terms of gold holdings and production. With

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  • Gold Feeling Effects of Fed Meeting and Scotland’s Independence Vote

    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

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  • Gold and Interest Rates: What You Need to Know

    As Monday’s blog pointed out, gold bugs are currently juggling multiple economic and geopolitical indicators that are affecting the gold price, one of them being U.S. interest rates. The Federal Reserve is meeting on Tuesday-Wednesday of this week and is expected to announce a raise in short-term interest rates, which have been at near-zero levels since

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