In another sign that we are entering an era of even looser monetary policy, Federal Reserve Chairman Jerome Powell hinted that balance sheet reduction is about to come to an end.
NEW YORK () Gold and silver futures markets were hit with heavy profit-taking pressure Friday, after overnight posting record highs. December gold hit a new all-time high of $4,392.00 overnight, while ...
Gold is a reliable indicator of geopolitical tensions, and one would think that the peace agreement between Israel and Hamas would knock the gold price off its lofty perch. But it didn’t.
LONDON () Gold has pulled back on Friday after hitting a fresh all-time high at the $4,380 area, yet with downside attempts contained above $4,300 so far. The precious metal is on track for a nearly 8 ...
We have gold right around $4,200 an ounce. Silver is at $53 an ounce. And for our end of the month recap, we have Vince Lanci from Echo Bay Partners.
NEW YORK () In addition to tensions between the US and China, dovish comments from the Fed also supported the Gold price this week, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes ...
Much has been whispered, postulated and debated over the decades regarding gold’s potential and place in a new global monetary system. Why? Gold has had a long monetary history, whereas fiat ...
Is it a good idea to have gold? Yes. Just ask the Italians. Italy has the third-largest gold reserves in the world. While other European countries that sold most of their gold are struggling to ...
There have been a handful of sell-offs along this almost two-year-old gold and silver rally. But perhaps one of the most amazing features of the rally is how quickly the price has bounced back each ...
I wrote a few weeks ago about how Trump’s manipulation of the Federal Reserve would have to go much further to achieve his goals. Lower interest rates can stimulate the economy because a lower cost of ...
LONDON (October 16) Gold price (XAU/USD) extends its rally to near $4,240 during the European trading session on Thursday. The precious metal continues to move higher amid firm Federal Reserve (Fed) ...