Gold rises 0.4% as investors weigh Fed path
Spot gold rose 0.4% to $4,126.78 per ounce by 2:16 p.m. EDT after a two-month low in the prior session.
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Gold rises 0.3% as investors weigh Fed path, US debt concerns
Spot gold gained 0.3% to $4,124.50 per ounce by 10:05 a.m. EDT after a two-month low in the prior session.
Gold rises after two-month low as markets weigh Fed path
Spot gold gained 0.3% to $4,122.12/oz by 1128 GMT after falling to a two-month low in the prior session, as investors assessed Fed September meeting minutes for interest-rate trajectory clues.
Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
MNI ASIA MARKETS ANALYSIS: Crude Rebounds, Xi Comes to US
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
Schiff sees 8% Treasury yield, says mortgages could top 10%
Peter Schiff said a structural bond-market bear market could push the 10-year Treasury yield toward 8%, which he said would imply mortgage rates above 10%.