Ben Bernanke

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"Ben Bernanke"

Chairman Bernanke delivers cautious message

“Steady as she goes” was the message from Federal Reserve Chairman Ben Bernanke during a press conference yesterday following the Fed’s latest Open Market Committee meeting. Though the FOMC once again reiterated its commitment to keeping interest rates at 0.25% until late 2014, Bernanke appeared to scotch rumours of new ...

2012-APR-26 · The GoldMoney News Desk

Ben Bernanke, Fed, gold price, UK

Bernanke lifts gold price again

Precious metal bulls have got used to being “saved” by Federal Reserve Chairman Ben Bernanke in recent years. Frequent spurts higher in the gold price often coincide with Bernanke press conferences, in which the chairman vows to maintain easy money policy at the Federal Reserve. Yesterday was a classic case of this, with ...

2012-MAR-27 · The GoldMoney News Desk

Ben Bernanke, buy gold, dollar, Fed, gold price

Bernanke speaks, gold rises

When perma-bear economist Nouriel Roubini turns bullish on the stock market, it’s wise to sit up and take notice. In the words of Gina Sanchez – director of equity and allocation strategy at Roubini’s firm – “We’re a believer; we’re celebrating. We think the rally has legs”. Silver is ...

2012-FEB-08 · The GoldMoney News Desk

Ben Bernanke, central banks, gold price, silver price, unemployment

Bernanke determined to ‘protect’ US economy

Bullish US retail sales figures for January and “hours worked” stats for the last quarter encouraged further gains in stocks commodities yesterday. The $82bn Glencore/Xstrata merger and the chatter surrounding the Facebook IPO are also helping sentiment, with many no doubt hoping that this is indicates it’s ...

2012-FEB-03 · The GoldMoney News Desk

Ben Bernanke, debt crisis, Fed, gold price, inflation

Bernanke lights a fire under gold and silver prices

“Party on!” was Federal Reserve Chairman Ben Bernanke’s message to Wall Street yesterday, as he announced that the Fed will be keeping interest rates at “exceptionally low” levels until late 2014, owing to concerns about stubbornly-high unemployment and the sustainability of the current statistical recovery. ...

2012-JAN-26 · The GoldMoney News Desk

Ben Bernanke, dollar, Fed, gold price, silver price

‘Helicopter Ben’ will fly again

European equities have fallen this morning, following on from losses on Asian exchanges and declining commodity prices. Precious metals have once again been caught in the cross hairs of this commodity selling and general risk aversion, with gold falling back below $1,700 per ounce and silver falling below $31.5. Aside from the on-going ...

2011-DEC-12 · The GoldMoney News Desk

Ben Bernanke, dollar, Fed, gold price, silver price

Platinum and palladium prices subdued by economic uncertainty

Platinum and palladium prices remain under pressure. In yesterday's trading session platinum fell to $1,448 per troy ounce, while palladium dropped as low as $540 per ounce – though the latter recovered slightly afterwards. The gold price is now 10% higher than the platinum price – the highest gold premium relative to platinum ...

2011-OCT-05 · Roman Baudzus

Ben Bernanke, Fed, gold price, palladium price, platinum price

China-US trade war looms

Precious metal and commodity prices fell yesterday, with continuing strength in the US dollar putting a lid on gains in dollar-denominated assets. Hedge funds and other private investors remain uncertain about the direction of markets, and are waiting for clear signals that central banks will engage in more quantitative easing – aka ...

2011-OCT-05 · The GoldMoney News Desk

Bank of England, Ben Bernanke, China, Fed, gold price, USA

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CURRENT PRECIOUS METAL PRICES

	Gold: Gold Buy Rates	$49.7579/gg $1,547.60/oz
	Silver: Silver Buy Rates	$27.3300/oz
	Platinum: Platinum Buy Rates	$45.5847/pg $1,417.80/oz
	Palladium: Palladium Buy Rates	$19.2329/pd $598.20/oz