Gold shatters record roof, heads for third straight weekly gain on buying momentum
Two Argor-Heraeus SA 250 gram gold bars at Solar Capital Gold Zrt. arranged in Budapest, Hungary, on Tuesday, March 22, 2022. Akos Stiller | Bloomberg...
Switch to gold standard could stabilise prices – Philadelphia Fed research
Long-run price stability could be a key feature of the gold standard, researchers with the Federal Reserve Bank of Philadelphia find. In their working paper,...
Here’s the inflation breakdown for February 2024 — in one chart
Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Consumers continued to contend with...
Jerome Powell testimony: More evidence needed on tamed inflation
WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but said it...
Mounting U.S. rate cut bets push gold to record highs
Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea, on Oct. 13, 2023. SeongJoon Cho | Bloomberg | Getty Images Gold...
Gold subdued as traders ready for US inflation data
Gold prices inched lower on Monday pressured by a gaining U.S. dollar, but bullion’s losses were cushioned as growing tensions in the Middle East supported...
Recession risks are fading, business economists say, but political tensions pose threat to economy
WASHINGTON (AP) — Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn would...
Why now is a crucial time to pay off your credit card debt
NEW YORK (AP) — For Americans who lacked savings prior to the pandemic, financial stress is rising. A combination of inflation, increased interest rates, and...
Credit card debt: Renters and poor people are falling behind
NEW YORK (AP) — While the U.S. economy is broadly healthy, pockets of Americans have run through their savings and run up their credit card...
Gold advances on weaker dollar as focus shifts to US inflation data
A view of ingots of 99.99 percent pure gold, which are placed in a workroom, at Novosibirsk Refining Plant, Russia’s leading gold refining and bar...