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Gold Market News Return to Gold Market News Directory

Gold Drops Ahead of Federal Reserve Meeting

Tuesday June 19, 2012, 12:43pm PDT

CNBC News reported that gold prices fell as investors waited for the results of a US Federal Reserve policy meeting.

As quoted in the market news:

Spot gold was down 0.4 percent at $1,622.18 by 1:49 p.m. EDT (1749 GMT). Prior to Tuesday, the metal had gained around 3 percent during its seven-day winning streak.

Click here to read the full CNBC News report.

Tags: federal reserve, Gold, Gold prices, monetary policy, spot gold


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Featured Stocks

Corvus Gold Inc. – Developing the Next Nevada Gold Mine

Corvus Gold Inc. – Developing the Next Nevada Gold Mine

Corvus Gold Inc. (TSX:KOR, OTCQX:CORVF) is a precious metals exploration and development company with properties located in Nevada, Alaska and Canada. The Company’s flagship property is the 100-percent owned North Bullfrog Project, an advanced-stage gold and silver property in mining-friendly Nevada.

Orefinders Resources Inc. – Exploring Past Producing Gold Mines in Ontario

Rockland Minerals – Advanced Mineral Exploration in the Labrador Trough, Quebec, Canada

Klondex Mines – High-Grade Gold in Nevada

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Analyst's Corner

Bralorne Gold Mines Tops Up Till for Aggressive Expansion Program

Friday May 10, 2013, 9:29am PDT

Bralorne Gold Mines has worked diligently over the past few years to put its namesake mine back into production. In order to increase production and improve the overall economics of the mine, the company is still working to prove up resources as well as expand and rehabilitate mine workings. A $5-to-$7.5 million cash infusion from the current financing will go a long way towards achieving its resource and production expansion goals.

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