Gold Drops as Israel-Iran Tensions Escalate
Gold Prices Retreat After Early Gains Amid Israel-Iran Tensions Gold gave back some of its earlier gains on Monday, settling near $3,415 per ounce—about $80 shy of the record high…
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Gold Rises to No. 2 Global Reserve amid Sanctions Concerns
Gold Surpasses the Euro to Become the Second-Largest Reserve Asset Central banks around the globe have elevated gold to the position of the second-largest reserve asset after the US dollar,…
Trump Won’t Fire Powell but Threatens Interest Rate Action
Trump Says He Will Not Fire Federal Reserve Chair Jerome Powell Despite Sharp Criticism At a White House briefing on Thursday, President Donald Trump made clear that he does not…
Goldman Sachs Cuts US Recession Odds by 5 Points
Goldman Sachs Lowers U.S. Recession Odds to 30% After New U.S.-China Trade Framework Goldman Sachs has reduced its 12-month probability of a U.S. recession to 30%, down from a prior…
London Fix: Century-Old Benchmark for Gold and Silver Prices
The London Fix Price is one of the most important daily benchmarks in the global precious metals market. It establishes reference prices for gold and silver that influence trading, settlement…
Treasury Yields Rise Amid Geopolitical Crisis as Oil Fears Grow
U.S. Treasury Market Reacts to Israel’s Strike on Iran’s Nuclear Program The U.S. Treasury bond market experienced an unexpected selloff on Friday after Israel launched an attack on Iran’s nuclear…
Why Tariffs Have Not Caused the Predicted Inflation Surge
Why Trump’s Tariffs Have Had Little Effect on Inflation President Trump’s tariffs have attracted intense attention, but their immediate effect on overall inflation has been surprisingly small. Consumer prices rose…
Oil Prices Surge 8% After Israel Strikes Iranian Nuclear Sites
Oil Prices Surge After Israeli Airstrikes on Iranian Facilities Global oil prices climbed sharply, rising about 8% on Friday, after reports that Israel carried out airstrikes on Iranian nuclear and…
Gold Surges 1.7% After Israel Strikes Iran
Gold Nears Record as Middle East Tensions and Softer U.S. Inflation Bolster Demand Gold jumped 1.7% to $3,439.79 per ounce on Friday, closing in on its April peak of $3,500.05,…
Investors Flee to Safety as Precious Metals Outperform Stocks
Precious metals surge as investors seek safe havens amid trade uncertainty Wall Street traders and global investors have been shifting into precious metals as rising uncertainty over trade policies drives…
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