Gold (XAUUSD) Jumps After Iran Strike Against Israel Stokes Haven Demand
Gold traded below last week’s new high, even after Iran’s unprecedented attack on Israel over the weekend. Bullion rose as much as 1.2% as the...
Gold Hits Fresh High as Israel Prepares for Strike by Iran or Proxies
Gold surged to a fresh record as simmering Middle East tensions intensified buying momentum. Bullion broke the $2,400-an-ounce mark for the first time on Friday...
Bank of Japan’s Interest Rate Moves and the Record Price of Gold
Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all...
Zimbabwe’s ZiG Currency Is More Glitter than Gold
Zimbabwe has a painful relationship with money. At the height of hyperinflation in 2008, the African economy’s billion- and trillion-dollar banknotes could barely buy toilet...
Gold Retreats as Robust US Jobs Data Dampen Fed Rate Cut Expectations
Gold pared gains after setting a fresh record above $2,350 an ounce, as investors shifted focus to a key US inflation reading later this week....
Gold Tops $2,300 After Powell Reiterates Rate-Cut Path This Year
Gold rose to another record, extending a weekslong rally after Federal Reserve Chair Jerome Powell reiterated that it will likely be appropriate to begin lowering...
The Case for the Silver Bull Market
Silver presents an attractive investment option, thanks to its dual role as both a precious metal, akin to gold, and a critical component in various...
Gold Hits New Record After Fed Maintains Rate-Cut Plan
Gold retreated after surging above $2,200 an ounce for the first time on conviction that the Federal Reserve will cut interest rates this year. The...
Gold Is JPMorgan’s Top Pick in Commodities With Price Eyeing $2,500
Gold is the No. 1 pick in commodities markets for JPMorgan Chase & Co. and the price has the potential to reach $2,500 an ounce...
Gold Hits New Peak: Why It's Just Getting Started
Gold’s price soared to an unprecedented $2,195 per troy ounce, marking a significant breakout from its decade-long stagnation. This rally, partly fueled by a buying...