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Precious Metals

Insights Into Bullion Precious Metals: An Expert's Guide To The Right Investments Seeking precious metal bullion investments that guarantee long-term growth potential? Among all the dynamic precious metals—Gold, Silver and Platinum are the market titans that offer consistent growth, wealth preservation, portfolio diversification, liquidity, and global acceptance. But before you invest in any of these, [...] READ MORE

Gold prices dip after record highs on profit taking, rate cut bets cool

Summary Fed sees longer road to 2% inflation target Palladium dropped over 3% Silver fell over 3% Gold prices dipped over 1% on Wednesday as the gold rally cooled with investors booking profits, as traders pulled back from bets on Federal Reserve's rate cuts this year.   Spot gold fell 1.8% to $2,377.43 per ounce [...] READ MORE

Fed shifts talk to ‘scenarios’ as policy grows less certain

Federal Reserve Chair Jerome Powell holds a press conference following the U.S. central bank's two-day policy meeting in Washington Federal Reserve Chair Jerome Powell said in a May 1 press conference he didn't want to talk about economic "hypotheticals," but that's what he and other U.S. central bank officials have shifted towards in discussing monetary [...] READ MORE

Speech – Welcoming Remarks on the International Role

Beth Anne, and thank you for the opportunity to speak to you today.1 I would like to welcome everyone to this Third Conference on the International Roles of the U.S. Dollar, which is jointly organized by the Federal Reserve Bank of New York and the Federal Reserve Board.   When people talk about the "dollar," [...] READ MORE

Recession seems almost certain with 19 states in trouble already, expert warns

A recession threatens to pummel households, businesses, and the stock market. Piper Sandler's Nancy Lazar warned of tighter credit and the full fallout from the Fed's rate rises. Unemployment has jumped in 19 states, making a national recession almost inevitable, Lazar said.   Get ready for a recession that hammers consumers, squeezes companies, and drags [...] READ MORE

Gold and silver prices continue record high runs

Gold (GC=F) and silver futures (SI=F) surged to record highs last week and continue to show signs of life as geopolitical uncertainty continues to raise concerns across global markets.   Yahoo Finance Senior Markets Reporter Jared Blikre joins Morning Brief to break down the movements in these metal commodities, along with crude oil prices (CL=F, [...] READ MORE

Biden’s latest push to take control of the inflation narrative

Shoshana Gordon/Axios The Biden administration released a memo to its allies outlining its actions to combat rising costs — and blaming Republicans for blocking its efforts.   Why it matters: It's an attempt to tell Americans that the White House is focused on bringing prices down at a time when voters are unhappy with the [...] READ MORE

Americans are going into debt to buy groceries. Here’s why those balances can be difficult to pay down

Young woman feeling concerned about grocery prices on the bill in the supermarket. KEY POINTS Americans have been grappling with higher food costs since 2021. To get relief, some are turning to credit cards, buy now, pay later programs or payday loans. But those balances can be difficult to pay down due to a higher [...] READ MORE

Gold rally leaves wealth managers wondering if price is still right

Chinese leader Xi Jinping and Russian president Vladimir Putin vowed last week to work together against what they called the “destructive and hostile” US. And few commodities have been as affected by their policies as gold.   Just days later, on Monday this week, the precious metal’s price soared to a record high of $2,450 [...] READ MORE