Here's the last two weeks via FinViz:
First up, Kitco:
Gold, Silver Prices Pressured By Solid Gains In USDX
Gold and silver prices are down and have extended overnight losses in early U.S. trading Wednesday. Gold futures prices have dropped to a four-week low. The metals are again seeing pressure from a stronger U.S. dollar index today. Risk aversion remains very low in the world marketplace at present, which continues to squelch buying interest in the safe-haven metals. December gold futures were last down $7.10 an ounce at $1,192.00. December Comex silver was last down $0.146 at $14.25 an ounce.And some additional commentary from Freddie Mercury and David Bowie:
Traders are still digesting this week’s Federal Open Market Committee (FOMC) meeting that saw the Fed on Wednesday afternoon slightly raise U.S. interest rates, by 0.25%, to a range of 2.0% to 2.25%. The move was expected and marks the third rate rise this year. The FOMC removed the word "accommodative" from its statement, which suggested to some the U.S. central bank is moving closer to the end of the current rate-hike cycle. The Fed is now on pace to raise rates another quarter-point this year and then three times in 2019. The Federal Reserve officials said long-term U.S. inflation prospects remain unchanged and non-problematic despite the recent strong U.S. economic growth. Fed Chairman Jerome Powell held a press conference after the FOMC statement. He said the U.S. economy is in a good place right now, but added the Fed's monetary policy is still leaning to the accommodative side.
Veteran market watchers reckon the Fed cannot keep tightening U.S. monetary policy by raising interest rates while at the same time see the U.S. economy growing so strongly--and without igniting inflation fears. President Trump has already weighed in on the matter and has admonished the Fed for raising interest rates....MORE
