Gold Pulls Back as News of Trump’s Fed Chair Nominee Boosts Dollar

Reports about a likely Trump nominee to head the Federal Reserve boosted the dollar and caused the price of gold to retreat for the first time in nearly a fortnight. Media reports indicated that Trump would name Kevin Warsh as the Fed chair to replace Jerome Powell whose term is coming to an end in a few months.

Entities like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) in the gold mining industry will also have an ear out to assess any global developments that could impact the…

Read More>>

About Rocks & Stocks

Rocks & Stocks (“R&S”) is a specialized communications platform delivering deep insights into the mining industry. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, R&S is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, R&S brings its clients unparalleled recognition and brand awareness.

R&S is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from Rocks & Stocks, text “Rocks” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://RocksAndStocks.news

Please see full terms of use and disclaimers on the Rocks & Stocks website applicable to all content provided by R&S, wherever published or re-published: https://RocksAndStocks.news/Disclaimer

Rocks & Stocks
Los Angeles, CA
RocksAndStocks.news
310.299.1717 Office
Editor@RocksAndStocks.news

Rocks & Stocks is powered by IBN

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  232.90
-5.72 (-2.40%)
AAPL  275.12
+5.64 (2.09%)
AMD  201.66
-40.45 (-16.71%)
BAC  55.34
+0.89 (1.63%)
GOOG  333.38
-7.32 (-2.15%)
META  671.49
-20.21 (-2.92%)
MSFT  417.45
+6.24 (1.52%)
NVDA  174.99
-5.35 (-2.97%)
ORCL  146.89
-7.78 (-5.03%)
TSLA  404.24
-17.72 (-4.20%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.