Today’s top gold news and opinion
3/13/2024 Gold’s mystery rally baffles analysts (FT)Hopes of US rate cuts alone are unlikely to have driven latest leg higher, say strategists. 2024 is the...
South Korea, odd one out in new global gold rush
Gold bars (Courtesy of Getty Images) South Korea has remained muted to a new gold rush fueled by various central banks across the world gobbling up the precious metal, raising...
Inflation is Proving to be Quite Sticky
March 12, 2024 by SchiffGold 0 3 This analysis takes the BLS inflation data and recalculates the percentage changes at the category level to get unrounded numbers. The...
US, European Union React to BRICS Rapid Growth
The BRICS bloc is ready to continue its expansion in 2024. Successfully inducting multiple new nations in January, the bloc is expected to invite more...
Travel costs tick down, over-the-counter meds shoot up
Americans plagued by surging prices over the past 20 months continue to face strain as the cost of meeting everyday necessities remains stubbornly high. The...
PBoC will continue to buy Gold in the coming months – Commerzbank
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Economists at Commerzbank expect the Gold price to remain supported as the PBoC is set to continue buying Gold. Chinese central bank...
CPI inflation report February 2024:
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower interest rates. The...
Peter Schiff: Biden Ignores Fiscal Time Bomb
March 12, 2024 by SchiffGold 0 3 On Sunday, Peter recapped a stellar week for gold. He also provided an analysis of President Biden’s State of the Union Address and...
Bitcoin Sets Another All-Time High as Crypto Sees Record Inflows
(Bloomberg) — Bitcoin is sustaining a record-breaking run, lifted by the unprecedented amounts of capital flowing into crypto products as well as a looming reduction...
Today’s top gold news and opinion
3/12/2024 Gold’s rally could extend beyond the recent record highs (UBS)Powell’s remarks supported our base case that the Fed will ease by 75 basis points...