Gold prices climbed nearly 2 percent on Wednesday, rebounding from early losses that followed stronger-than-expected U.S. inflation data, as the dollar surrendered gains and equities swung higher.

Jerome “Jay” Powell took the reins of the United States Federal Reserve today, pledging continuity and transparency from the central bank in the wake of continuing good economic performance.

Already established in Europe and the United States, FDR Capital Goup, that manages the Goldbroker.com platform, specialized in the purchasing and storage of precious metals for clients in their own name, is continuing its international development with the opening of a branch office in Hong Kong.

A major breakout in Gold this year and its effect on Silver is just one reason why Silver could have a big year.

U.S. prosecutors on Monday announced that they had settled charges against three European banking giants, HSBC, UBS and Deutsche Bank, for manipulating the markets for precious metals, including gold and silver, and filed charges against eight people, including some of their former traders.

The key message of this update is that gold is getting closer and closer to breaking out of a giant Head-and-Shoulders base pattern that started to form back in the middle of 2013 and to point out that it won’t be stopped from doing so by any minor short-term reaction.