Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Pavilonis"


5 mentions found


As a young adult, I have already made a number of trips between those two places. When I visit, around me there are crumbling castles; I walk the path between them, a potholed road. When I first read Ms. Sontag’s words, I envisioned visits to this kingdom as solitary ventures. After all, isn’t it ultimately you alone in the doctor’s office, or in the pharmacy line, or in your thoughts? An uncertainty about my career morphed into a misshapen terror that my life was worth little or nothing.
Persons: Susan Sontag, , you’re
Gold retreats to three-week low ahead of U.S. inflation data
  + stars: | 2024-01-08 | by ( ) www.cnbc.com   time to read: +2 min
Bars of gold are seen at Krastsvetmet, one of the world's largest producers of precious metals, in Moscow, January 31, 2023. Gold prices fell to a three-week low on Monday, pressured by elevated Treasury yields as expectations for an imminent Federal Reserve interest rate cut faded, with investors looking ahead to this week's U.S. inflation data for more clarity. Higher interest rates increase the opportunity cost of holding non-yielding bullion. The market currently sees a 69% chance of a rate cut at the Fed's March 19-20 policy meeting, according to the CME FedWatch Tool. "If and when a recession becomes apparent, the Fed can be expected to cut rates, likely weakening the dollar and benefiting the dollar gold price," Heraeus Metals said in a note.
Persons: Daniel Pavilonis, Heraeus Organizations: Treasury, Metals, Palladium, Heraeus Metals Locations: Moscow, U.S
Gold recovers as debt-ceiling talks make little apparent progress
  + stars: | 2023-05-23 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices rebounded from their earlier losses on Tuesday, as yields fell and the dollar retreated from its highs, while another round of U.S. debt ceiling talks ended without much progress. Spot gold was up 0.3% at $1,975.39 per ounce, after shedding as much as 0.8% earlier. Gold rose from session lows on reports of further negotiations over raising the debt ceiling, said Daniel Pavilonis, senior market strategist at RJO Futures. Wall Street's main indexes fell and the dollar index backed off from its session high, while benchmark 10-year yields fell from a two-month peak. Gold tends to lose appeal when rates rise and push up bond yields, increasing the opportunity cost of holding zero-yield bullion.
Persons: Daniel Pavilonis, Joe Biden, Pavilonis, Bullion, Ole Hansen, Neel Kashkari, Silver Organizations: Futures, Republicans, Saxo Bank ., Tuesday U.S, Investors, Federal
Gold posts second monthly rise on U.S. banking turmoil
  + stars: | 2023-04-28 | by ( ) www.cnbc.com   time to read: +2 min
Bars of gold are seen at the Krastsvetmet company, one of the world's largest producers of precious metals in Moscow, Russia on January 31, 2023. Gold bounced back on Friday on a dip in yields and renewed concerns over the U.S. banking turmoil, putting the safe haven on course for its second monthly rise even as steady U.S. inflation reinforced bets for an interest rate hike next week. U.S. gold futures settled up flat at 1,999.1 on Friday and 0.43% for the week. But the data also indicated that the underlying price pressures remained strong, prompting traders to add to bets for a rate hike next week. Gold had scaled a one-year peak of $2,048.71 in mid-April as the banking crisis unfolded.
Gold nudges lower as Fed members bat for higher interest rates
  + stars: | 2023-01-18 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices held steady near the key psychological level of $1,800 per ounce on Monday, supported by a pullback in the dollar and U.S. Treasury yields. Gold prices turned negative on Wednesday, erasing gains made on weak U.S. economic data yet staying above the $1,900 level, as key members of the Federal Reserve signaled their intent to keep pushing interest rates higher to combat inflation. The dollar pared losses from near multi-month lows and held steady, making gold less attractive for other currency holders. Spot gold fell 0.2% to $1,904.84 per ounce by 1:45 p.m. Earlier in the day, U.S. producer prices fell more than expected in December as the costs of energy products and food declined, offering evidence that inflation was slowing.
Total: 5