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LONDON () Gold price (XAU/USD) demonstrates strength near its all-time high around $3,650 during the European trading session on Friday.
LONDON () Gold (XAU/USD) edges lower on Thursday as investors turn cautious and reposition ahead of the US Consumer Price Index (CPI) data release. At the time of writing, XAU/USD is trading near ...
WASHINGTON () The U.S. labor market can’t find any solid footing and is hit with more bad news as the number of American workers applying for first-time benefits rose more than expected last ...
Ninety years later, every Fed decision — from raising rates to curb inflation to cutting them in a downturn — still flows through the framework created in 1935.
It seems that I could end today’s analysis after writing the title. That’s exactly what is happening. Ok, USD’s comeback above the upper support line and the April low is one other notable thing, but ...
Raising the debt ceiling takes the Fed out of the reserve volatility frying pan—but may land it in the debt-monetization fire.
NEW YORK () Gold (XAU/USD) clings to gains on Wednesday after a sharp reversal the previous day, with the metal soaring to an all-time high near $3,675 before retreating to settle at $3,625. At the ...
As fast and furious as it has been, the gold rally has not stopped yet. In fact, it even just took out the 1980 US inflation-adjusted high.
NEW YORK () Australian lender ANZ Group (ANZ.AX), raised its year-end gold price forecast to $3,800 per ounce on Wednesday and expects prices to peak near $4,000 by next June, supported by strong ...
The best performing precious metal for the past week was gold, up 3.64%, on expectations that the Federal Reserve might cut interest rates by 50 basis points at its September 17 meeting, as a ...
LONDON () Gold (XAU/USD) edges up on Wednesday following a sharp reversal the previous day, with the metal soaring to an all-time high near $3,675 before retreating to settle at around $3,625.
Retail sales showed a healthy increase of 0.5 percent in July. At the time, analysts claimed this was a sign of a resilient consumer. Turns out, they charged that shopping spree to their credit cards.