Rate Hike Face to Face Open – Neal Bhai Reports INDIA
Rate Hike
Global Gold Prices Flat as Risk Appetite Increases Amid Rate Hike Prospects
Gold Silver Reports (GSR) – Gold prices were steady on Tuesday, after falling for three days, as investors opted for riskier assets amid increasing prospects of an interest rate hike in the US following strong US economic data.
Should You Buy Gold Now? Here’s What Experts Say
Gold Silver Reports (GSR) – Should You Buy Gold Now? Here’s What Experts Say — Several factors could limit gold’s upside potential for now. On the news front, last week ended with a stronger-than-forecast U.S. jobs report for May, with unemployment continuing to fall but wages rising more than expected, pointing to inflation risks, the bank says. “The U.S. Fed is likely to see this as confirmation that its cycle of rate hikes is appropriate,”
Fed Lifts Rates, Steepens Path Through 2020 for More Hikes
Gold Silver Reports (GSR) – Fed Lifts Rates, Steepens Path Through 2020 for More Hikes – Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast a steeper path of hikes in 2019 and 2020, citing an improving economic outlook. Policy makers continued to project a total of three increases this year.
Brighter U.S. Growth Outlook Emboldens Fed on Rate-Hike Course – Goldman Neal Bhai Reports
Gold Silver Reports – Brighter U.S. Growth Outlook Emboldens Fed on Rate-Hike Course – U.S. central bankerssent a strong message Wednesday that an expansion with “substantial underlying economic momentum” could sustain additional increases in interest rates this year.
Stocks Enter Correction as Rate-Hike Fears Return: Commodity Report
Gold Silver Reports – Stocks Enter Correction as Rate-Hike Fears Return: Commodity Report — The dread that gripped equity markets earlier in the week re-emerged Thursday as U.S. stocks plunged into a correction on concern that rising interest rates will drag down economic growth.
Gold Kiss 1-week High on Weaker Dollar, Rate Hike Prospects
* Physical holdings in gold ETFs fall since Fed rate rise
* Gold resistance at $1,260/oz, 55-day moving average
* Hold off on further rate hikes until inflation moves
Gold Bulls Look Past Fed Rate Hike, Load Up on ETFs
Gold Silver Reports — Gold bulls who bet that the U.S. Federal Reserve may take a more cautious approach in monetary tightening appear to be on the money, judging by the latest batch of disappointing economic data.