The gold in deep storage is held as an asset of the United States at a book value of $42.22 per troy ounce. The book value has been a constant $42 2/9, or $42.2222, per fine troy ounce since 1973, ...
(Bloomberg) -- The gold market has launched a digital database to track bullion and keep precious metal from illicit sources out of the market. The Gold Bar Integrity Database, developed by the ...
Gold ETFs—Exchange-Traded Funds—offer an option that’s less tangible but no less attractive. Instead of bars in a vault or jewelry under lock and key, these digital investments let you own ...
President Trump had a message last week for the Federal Reserve while at the annual World Economic Forum gathering in Davos, Switzerland: He plans to "demand that interest rates drop immediately." ...
The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes on lowering borrowing costs for individuals and businesses after a flurry of rate cuts ...
Most-active gold futures fell 0.2% following the Federal Reserve’s decision to leave rates unchanged which was widely expected.
Gold prices were flat in early hours on Thursday after the Federal Reserve's decision to hold interest rates steady offered little clarity on the U.S. monetary policy path this year. Spot gold ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. As you’d expect ...