Tag: Jerome Powell

October 30, 2019

Gold Price Reacts as Fed Cuts Rates for Third Time in 2019

The central bank has reduced its benchmark funds rate by an additional 25 basis points to a new range of...
October 29, 2019

Gold Price Retreats as Investors Focus on Fed Meeting

Despite starting the week above the US$1,500 mark, the gold price declined to hit a one week low on Tuesday.
September 20, 2019

Precious Metals Weekly Round-Up: Gold Steady After Fed Cuts Rates

Gold steadied on Friday, days after the US Federal Reserve cut interest rates for the second time this year.
September 18, 2019

Fed Cuts Interest Rates, Remains Cautious of Global Tensions

Fed chairman Jerome Powell cited a restrained global growth outlook as motivation for the cut, noting the step was taken...
September 5, 2019

Is Donald Trump Good for the Gold Price?

Everyone's got an opinion on US President Donald Trump — including gold market watchers. We look at whether or not...
August 23, 2019

Precious Metals Weekly Round-up: Gold Price Loses Steam

Gold dipped this week as investors awaited comments from the Fed. The central bank may give clarity on further interest...
August 2, 2019

Precious Metals Weekly Round-Up: Gold Slips as Investors Book Profits

Gold was down slightly on Friday as investors booked profits; however, the yellow metal was still on track for a...