It has been selling that has dominated today’s lower pricing in both gold and silver, with the U.S. dollar actually weakening giving both precious metals a small tailwind. As of 4:34 PM EDT physical gold is currently down $7.60, and fixed at $1498.90.
Recent Reports
Chairman Jerome Powell spoke at an event hosted by the Swiss Institute of International studies, in Zürich Switzerland. His outlook for the economy was positive stating that today’s U.S. Labor Department report indicated that the U.S.
A Call from Vice Premier Liu He to U.S. Trade Representative Robert Lighthizer has set the stage for a resumption of talks. The ADP jobs report for the private sector came in at a robust 195,000 new jobs added in August.
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