Gold hits near one-month high as yields, U.S. dollar retreat
Gold climbed to nearly a one-month high on Thursday buoyed by a pullback in the U.S. dollar and Treasury yields, as investors awaited Friday’s July...
Gold prices settle at their lowest since September
Gold prices fell on Monday to mark their lowest settlement in more than nine months, after clinching a fourth consecutive weekly decline as the strong...
Investors may be in for a rude surprise: History shows inflation can take years to return to normal even when the Fed hikes interest rates above 10%
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation —...
‘The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market
Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded. The 30-year fixed-rate mortgage...
‘Buyers of a median-price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’ The 30-year mortgage rate dips slightly to 5.1%
The interest rate on the country’s benchmark mortgage product edged downward for the first time since early March, but that doesn’t mean the housing market...
‘Calamity’ may be coming, stock-market setup similar to 1999: Jeffrey Gundlach
A “calamity” may be coming for markets, potentially in 2023, Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine, warned Tuesday on stage...
Federal Reserve’s projected rate hikes ‘won’t sufficiently tame’ inflation, Credit Suisse says
U.S. inflation, already at a 40-year high, is likely to remain hot even after the Federal Reserve completes all 10 to 11 of its projected...
The yield curve is speeding toward inversion — here’s what investors need to know
The bond market’s most reliable gauge of the U.S. economic outlook for the past half-century is hurtling toward inversion at a faster pace than it...
Gold futures settle at a 13-month high as flight to havens continues amid Russia’s Ukraine siege
Gold futures climbed sharply on Tuesday to mark their highest finish in 13 months, buoyed by a broad flight to the perceived safety of precious...
Gold marks highest finish in more than a year on Russia-Ukraine strife
Gold futures climbed on Wednesday, amid the Russia-Ukraine crisis, which lifted values to the highest finish in more than a year. Bullion has been enjoying...