Friday, 29 November 2013 21:15

Precious Metals Await December U.S. Economic Data

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The Federal Open Market Committe (FOMC) meeting scheduled for December 17-18 will likely impact precious metals markets as the U.S. Central Bank edges closer to tapering the economic stimulus that has become known as quantitave easing. Economic data to be released in December will be carefully considered by the Fed and may offer some guidance to gold traders in advance of the customary post meeting announcement. Although there may be some volatility, gold and silver will likely trade in a relatively narrow range in the first half of December.

Read 2594 times Last modified on Wednesday, 07 May 2014 21:29
Mitchell Battino

A professional numismatist with over thirty years of experience, Mitchell A. Battino is a certified appraiser and numismatic consultant who specializes in buying, selling, and appraising U.S. and world gold and silver coins. Mr. Battino is a regular contributor to numismatic publications, attends major coins shows, and travels extensivley to purchase deals and collections.

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