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Fed Chairman Jerome Powell Compares Bitcoin to Gold

Powell compared bitcoin to gold, referring to them both as speculative stores of value......»»

Category: forexSource: coindeskJul 11th, 2019

Gold gives up earlier gains to post a loss for the week and session

Gold futures moved lower Friday, giving up earlier gains to post a loss for the week, after Federal Reserve Chairman Jerome Powell offered an upbeat view on the U.S. economy, dul.....»»

Category: topSource: marketwatchSep 6th, 2019

Metals Stocks: Gold posts a loss for the session and week as Powell eases worries about the economy

Gold futures move lower Friday, giving up earlier gains to post a loss for the week, after Federal Reserve Chairman Jerome Powell offered an upbeat view on the U.S. economy, dulling demand for the haven metal......»»

Category: topSource: marketwatchSep 6th, 2019

Metals Stocks: Gold scores gains for the day and week as the Fed reinforces rate-cut hopes

Gold futures end higher Friday for a weekly gain, after Federal Reserve Chairman Jerome Powell did nothing to dispel expectations for a rate cut later this month......»»

Category: topSource: marketwatchJul 12th, 2019

Gold prices tally a gain for the session, end nearly 1% higher for the week

Gold futures climbed on Friday, contributing to a gain of nearly 1% for the week as remarks from Federal Reserve Chairman Jerome Powell this week fed expectations for an.....»»

Category: topSource: marketwatchJul 12th, 2019

Bitcoin extends losses after Fed chief"s Libra warning

Bitcoin dipped almost 8% on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook's Libra. Francis Maguire reports......»»

Category: topSource: moneycentralJul 11th, 2019

Bitcoin extends losses after Fed chief"s Libra warning

Bitcoin dipped almost 8% on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook's Libra. Francis Maguire reports......»»

Category: videoSource: reutersJul 11th, 2019

Metals Stocks: Gold extends gains scored after Fed’s Powell sends dovish signals on rates

Gold continues higher Thursday, building on gains scored a day earlier as remarks by Federal Reserve Chairman Jerome Powell were seen signaling a rate cut remains likely at the end of the month......»»

Category: topSource: marketwatchJul 11th, 2019

Powell assails gold standard supported by Trump Fed nominee

Federal Reserve Chairman Jerome Powell on Wednesday rejected the idea of returning the United States to the gold standard even as he asserted that his remarks should not be seen as criticism of a proposed presidential nominee to the Fed Board......»»

Category: topSource: reutersJul 10th, 2019

Metals Stocks: Gold futures end at 1-week high as U.S. dollar dips on dovish remarks from Fed Chair Powell

Gold futures climb sharply on Wednesday to log their highest finish in a week, as the U.S. dollar weakened on remarks from Federal Reserve Chairman Jerome Powell that were perceived as dovish......»»

Category: topSource: marketwatchJul 10th, 2019

Gold settles at highest in a week as Fed Chair Powell"s remarks feed expectations for interest-rate cuts

Gold futures climbed sharply on Wednesday, settling at their highest in a week, after remarks from U.S. Federal Reserve Chairman Jerome Powell were seen as dovish. Powell "did not seek to temper market expectations for rate cuts. In fact.....»»

Category: topSource: marketwatchJul 10th, 2019

Metals Stocks: Gold settles above $1,400 as investors await interest-rate hints from Fed Chair Powell

Gold futures top $1,400 an ounce, ahead of Federal Reserve Chairman Jerome Powell’s testimony to Congress on Wednesday which could offer clues about the prospects for interest-rate cuts......»»

Category: topSource: marketwatchJul 9th, 2019

Metals Stocks: Gold slips below $1,400 an ounce as investors await Fed’s Powell

Gold futures retreat ahead of remarks by Federal Reserve Chairman Jerome Powell later this week that could offer clues about the prospects for interest-rate cuts......»»

Category: topSource: marketwatchJul 9th, 2019

Gold gives up nearly all of its gains, but settles at highest since late August 2013

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an inte.....»»

Category: topSource: marketwatchJun 25th, 2019

Metals Stocks: Gold marks lowest finish since December with rate-cut bets cooled by Fed statements

Gold futures on Thursday log their lowest settlement year to date, a day after Federal Reserve Chairman Jerome Powell cast doubt about the prospect for a near-term rate reduction......»»

Category: topSource: marketwatchMay 2nd, 2019

Metals Stocks: Gold touches more than 4-month low as rate-cut bets cooled by Fed statements

Gold futures head sharply lower Thursday, putting bullion on pace for the lowest settlement since late December, a day after Federal Reserve Chairman Jerome Powell cast doubt about the prospect for a near-term rate reduction......»»

Category: topSource: marketwatchMay 2nd, 2019

Metals Stocks: Gold touches more than 4-month low as rate-cut bets cooled by Fed statements

Gold futures head sharply lower Thursday, putting bullion on pace for its lowest settlement since late December, a day after Federal Reserve Chairman Jerome Powell cast doubt about the prospect for a near-term rate reduction......»»

Category: topSource: marketwatchMay 2nd, 2019

Metals Stocks: Gold settles at a 1-year low for a third straight session

Gold settles at a one-year low Tuesday for a third straight session, pressured by strength in the dollar as testimony from U.S. Federal Reserve Chairman Jerome Powell backs a steady pace of raises to benchmark interest rates......»»

Category: topSource: marketwatchJul 17th, 2018

Fed"s Powell says cryptocurrencies have no intrinsic value

Federal Reserve Chairman Jerome Powell said Wednesday that digital currencies, like bitcoin, have "no intrinsic value" and are only good if you are trying to hide or launder money. Speaking in front of t.....»»

Category: topSource: marketwatchJul 18th, 2018

Metals Stocks: Gold gains, heads for over 1% weekly gain, as Fed commentary features

Gold prices posted modest gains Friday, on their way to a weekly advance, though pinned below the key $1,200 level ahead of a much-awaited update on the U.S. economy and interest-rate policy from Federal Reserve Chairman Jerome Powell......»»

Category: topSource: marketwatchAug 24th, 2018

Metals Stocks: Gold climbs, heads for first weekly gain since early July

Gold prices climb on Friday, on the way to their first weekly advance in seven weeks as the U.S. dollar extended their losses in the wake of a speech from Federal Reserve Chairman Jerome Powell......»»

Category: topSource: marketwatchAug 24th, 2018