Following a week of steady declines, commodities were up slightly today.
Articles Tagged "US Federal reserve"
Precious metals fell today, with gold hitting a six-month low.
Gold – 2013 was an "annus horribilis" for gold. We look at the main factors behind the precious metal's demise and whether next year offers any hope of a recovery.
Gold – When a decision by the US Federal Reserve to reduce its stimulus program by $10 billion a month was announced this afternoon, gold indeed dropped, but not as much as some had expected.
Copper – The red metal ended mostly flat on Thursday, following a mixed bag of U.S. economic data.
Gold – The US economy continues to show signs of improvement, making investors concerned about the Federal Reserve tapering its stimulus program soon.
Metal prices fell early in the session on Friday before stabilizing.
Gold – Dovish comments from the incoming Fed chair gave gold a lift today and yesterday.
A video on CNBC's Fast Money strikes at the heart of quantitative easing, the program by the US Federal Reserve designed to inject billions into US credit markets each month in order to free up lending and keep the American economy from falling back into recession.
Gold – Gold prices hit low levels not seen in nearly a month today.