Gold is shining ‘bright like a diamond’ and could hit $3,000 says Citi
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa |...
Retail sales jumped 0.7% in March, much higher than expected
Rising inflation in March didn’t deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department reported Monday. Retail sales increased...
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall...
ECB holds interest rates, gives strong signal that cuts are on the way
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, March 7, 2024. Bloomberg |...
‘Supercore’ inflation measure shows Fed may have a real problem
US Federal Reserve Chair Jerome Powell attends a “Fed Listens” event in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images...
Copper climbs to 2024 high as Wall Street banks raise price forecasts
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6,...
Gold slips from record levels after hot U.S. inflation data
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa |...
Hong Kong makes its largest-ever gold smuggling bust
Gold was concealed as air compressor parts Source: Hong Kong Customs and Excise Department In Hong Kong’s largest gold smuggling bust, the city’s authorities seized...
WTI, Brent fall as Israel reduces troops in Gaza
Iranians attend the funeral procession for seven Islamic Revolutionary Guard Corps members killed in a strike in Syria, which Iran blamed on Israel, in Tehran...
Gold prices look ‘very vulnerable’ to a setback, veteran advisor says
Gold prices on Monday extended their record-breaking run, notching another all-time high amid robust U.S. economic data and elevated geopolitical tensions. Spot gold prices stood...