Gold futures climb by more than 1% on Wednesday to their highest settlement since mid-June after the U.S. consumer-price index data show inflation slowed in.
Columbus Macro LLC grew its stake in Graniteshares Gold Trust (NYSEARCA:BAR – Get Rating) by 0.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 215,266 shares of the company’s stock after acquiring an additional 567 shares during the period. Graniteshares Gold […]
Gold futures settled higher Wednesday after data showed U.S. wholesale prices eased in May, providing another sign that inflation pressures are abating. After the Federal Reserve says its keeping its key interest rate unchanged, prices for the precious metal moved lower in electronic trading.