Markets News Regulators 

Gold scales over five-month peak, investors await Fed outlook

“Gold prices edged higher to a more than five-month peak on Wednesday as a softer dollar supported the bullion while investors awaited cues on the rate hike trajectory of the U.S. central bank from its two-day policy meeting” reports cnbc.com. “The market is largely in a holding pattern as everyone is focusing on the FOMC (Federal Open Market Committee) meeting …Holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose 1.08 percent to 771.79 tonnes on Tuesday.Lower interest rates reduce the opportunity cost of holding non-yielding bullion and…

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Gold News Reviews 

Gold Daily Review December 19, 2018

Gold Daily Review for December 19, 2018 Silver dropped 5.8 cents, or 0.4%, to $14.701/oz; Decoupled from gold’s advance in risk-off markets The price of silver decoupled its correlation with gold on Tuesday as investors preferred the security of the gold’s safe haven status whereby US stoc   Gold seeking a break of the 50% Fibo on dollar weakness Spot gold has been better bid since bottoming in the European session, attracting a bid from $1,245.21 to $1,250.55 the high for the day so far. The p   Gold retreats…

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News Regulators Stocks 

Gold slips from 1-week high ahead of the Fed’s policy update

“The Fed will be joined by the Bank of Japan and the Bank of England in offering policy updates this week” writes Markets Commodities Reporter for marketwatch.com. Stock weakness can support gold, but gold’s haven popularity has been subdued for the most part so far in December.Gold prices on Tuesday slipped from the roughly one-week high they settled at a day earlier, with a weaker dollar limiting any losses for the precious metal ahead of a monetary policy update this week from the Federal Reserve.Traders also eagerly awaited hints from…

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News Regulators Stocks 

Gold near 1-week high, underpinned by a weaker dollar as Fed update on tap

“The Fed will be joined by the Bank of Japan and the Bank of England in offering policy updates this week” writes Rachel Koning Beals for marketwatch.com. Gold was pinned near roughly one-week highs early Tuesday, its action limited, however, as a leading dollar index slipped but stocks looked headed for a tepid recovery.Stock weakness can support gold, but gold’s haven popularity has been subdued for the most part so far in December.A weaker U.S. unit typically boosts demand for commodities priced in dollars as it makes them less expensive…

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Gold News Reviews 

Gold Daily Review December 18, 2018

Gold Daily Review for December 18, 2018 Weekly CoT Update for Crude Oil, Gold, and Other Major Contracts Large speculators continue to sell crude oil at a persistent pace, while the same group of traders is warming up to gold.   Gold Price Analysis: Fed Meeting Crucial for Breakout Gold Price Analysis: Fed Meeting Crucial for Breakout   Gold Prices Probe Support as US Dollar Gathers Steam Gold price are probing chart support the US Dollar gathers upside momentum, putting de-facto pressure on assets seen as alternatives to fiat.  …

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News 

Gold ticks up as dollar stays under pressure ahead of Fed meeting

“Though upside potential for gold prices faces impediment from a vigorous dollar, looming economic uncertainties will present optimistic conditions for safe-haven assets beyond 2018.”” reports cnbc.com. “The U.S. dollar remains the prime mover for gold prices in the current term,” Benjamin Lu, a commodities analyst with Phillip Futures in Singapore, said in a note.Gold prices rose slightly on Tuesday ahead of a key U.S. Federal Reserve meeting, as speculation that signs of economic turbulence may prompt the central bank to put brakes soon on its monetary tightening cycle kept the…

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News 

Barstool Sports is launching a ‘premium service,’ and Stoolies are already mocking it as ‘officially dead’

“The 15-year-old company known for its bawdy take on sports and culture is launching a new premium service in January called Barstool Gold” writes Lucia Moses for businessinsider.com. Barstool Sports is joining the stampede of publishers trying to drum up more revenue from readers.Barstool already has a diversified revenue model that many digital publishers likely envy. Source: businessinsider.com Share This:

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Gold News Reviews 

Gold Daily Review December 17, 2018

Gold Daily Review for December 17, 2018 Goldman Sachs scoured 3,500 company updates and formulated a stock trading strategy that can help you crush the market in early 2019 Goldman Sachs outlines a handful of option trading strategies that can help investors take advantage of heightened volatility in early 2019.   Is Gold Posed to Lose its Luster? Gold is on a bullish breakout since its 6-month decline that began in April, but upcoming event risk may dampen XAUUSD performance over the short   Gold Weekly Technical Outlook: Price Rally…

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Swiss skier Marc Gisin hospitalized after horrible World Cup downhill crash

“Swiss skier Marc Gisin is hospitalized in the intensive care unit of a hospital in Switzerland after his horrific crash during the World Cup downhill competition Saturday in Selva di Val Gardena, Italy” writes Cindy Boren for washingtonpost.com. Dominique Gisin was the downhill gold medalist at the 2014 Sochi Olympics and Michelle won gold in the combined event at the PyeongChang Games last February. Source: washingtonpost.com Share This:

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Players Can Now Buy Gold in Red Dead Online with Real Money

“Along with Rockstar’s most recent update for Red Dead Online, they have now released microtransactions in the game, which come in the form of gold bars” writes Jessie Wade for ign.com. The rewards include 15 gold bars and different amounts of cash, based on each player’s edition of the game.Jessie Wade is a news writer at IGN and would just like some gold bars for free – please and thank you.There are six different bundles of gold bars available for players to purchase, ranging from $4.99 USD to $99.99 USD.…

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