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Stock impact report

PRECIOUS-Gold hits 2-week high as dollar eases ahead of Fed meet [Reuters]

Hecla Mining Company (HL) 
Last hecla mining company earnings: 2/6 03:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hecla-mining.com
Company Research Source: Reuters
FUNDAMENTALS * Spot gold was steady at $1,932.79 per ounce by 0058 GMT, having hit its highest since Sept. 5 earlier in the session. U.S. gold futures were up 0.1% at $1,954.30 per ounce. * The U.S. dollar eased 0.1% against its rivals, making gold less expensive for overseas buyers, ahead of key central bank policy decisions by United States, Britain and Japan over the week. * U.S. Federal Reserve officials, who have tentatively embraced the possibility they can squelch inflation without a recession, meet this week with an autoworkers strike, a possible federal government shutdown, and a student loan squeeze on consumers posing new risks to that best-case outcome. * European Central Bank policymakers want to soon start discussing how to tackle the multi-trillion-euro pool of excess liquidity sloshing around banks, with raising reserve requirements a possible first move, six sources told Reuters. * Hecla Mining said on Monday production at its Idah Show less Read more
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