Tag: Steady

Gold, silver hold near steady following as-expected FOMC statement

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(Kitco News) – Gold and silver prices are still trading not far from unchanged in late U.S. futures trading Wednesday. Silver prices did hit a five-week low overnight, following Tuesday’s beat-down. Focus at mid-week has turned away from the coronavirus outbreak and to other matters potentially impacting markets, including this afternoon’s conclusion of the FOMC…

Oil Prices Steady at Higher Levels After Saudi Beefs up OPEC+ Cuts

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© Reuters. Investing.com – prices settled into a broadly higher range Friday, after spiking in reaction to signs that the OPEC+ gathering will, after all, result in a meaningful tightening of output policy by the cartel and its allies. Markets had initially reacted negatively to an announcement that the group would cut 500,000 from their…