Gold at 14-Month High Heading into FOMC Meeting Next Week
(Kitco commentary) - Gold prices are trading at overhead resistance this morning as mounting concerns about the health of China's economy have hit riskier commodities and tensions in the Middle East are pushing investors into safe-haven assets.
Miners Continue to Price-In June Fed Rate Hike
(Kitco News) - The minutes from the last Federal Reserve policy meeting held on May 2-3rd were released this week on Wednesday, May 24th. The GDX Major Gold Miners Index Fund had been selling off into this release since last Wednesday, towards support at $22.