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Buy gold or gold miners? You don’t have to dig deep to hit paydirt.

If you want to bet on gold in coming weeks and months, you may want to favor gold-mining shares over gold bullion. AFP/GETTY IMAGE Gold bullion — physical gold GC00 — has outperformed gold-mining company shares over the past three years by one of the largest margins in decades. Gold recently hit a new all-time [...] READ MORE

Goldman Says Commodities to Gain as Central Banks Cut Rates

Goldman Says Commodities to Gain as Central Banks Cut Rates Raw materials may return 15% over 2024 as borrowing costs come down, manufacturing recovers, and geopolitical risks persist, analysts including Samantha Dart and Daan Struyven said in a March 24 note. Copper, aluminum, gold and oil products may climb, according to the bank, which also [...] READ MORE

Dollar strengthens after big shift in global rate outlook

Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights Summary Dovish tilt seen by central banks after Swiss rate cut Interest rate advantage gives dollar broad support Dollar/yen earlier in week tested intervention level of 2022   NEW YORK/LONDON, March 22 (Reuters) - The dollar headed [...] READ MORE

Kazakhstanis Keeping Less Foreign Currency, Buying More Gold

The National Bank of Kazakhstan counts the country’s gold and foreign exchange reserves in February 2024 at $36.1 billion, financial news outlet LS reports. In 2014 this indicator was at $26.05 billion, meaning that over the past 10 years the volume of gross international reserves has increased by $10 billion (+38.6%).   Over the past [...] READ MORE

CENTRAL BANKS REIGNITE GOLD’S BULL RUN

The Fed’s dovish pivot, along with another year of very robust official sector buying, are set to feed a gold bull run later in the year. Pending Fed rate cuts in the months to come should prompt traders to grow long exposure. Strong physical demand and official sector buying are projected to lift prices to [...] READ MORE

SAXO Bank: Gold is Ready to Rise

How to invest/trade gold: Physical gold: Purchasing physical gold in the form of jewellery, coins, or bars provides direct exposure to the metal but involves considerations such as secure storage, insurance, and higher trading costs.   Gold ETFs/ETCs: Exchange-traded funds or commodities offer a convenient way to invest in gold without holding physical metal. These [...] READ MORE

Fed’s dovish pivot ‘inertia’ may spell trouble for long-term bonds, BlackRock says

The company logo and trading information for BlackRock is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. NEW YORK, March 21 (Reuters) - Longer-term U.S. Treasuries could be vulnerable if the Federal Reserve's outlook on interest rate cuts is challenged by stubborn [...] READ MORE

Price Inflation Accelerates for Second Month as Biden Blames “Greed”

According to the Bureau of Labor Statistics' latest price inflation data, CPI inflation in February accelerated for the second month in a row, and price inflation hasn't proven nearly as transitory as the regime's economists have long predicted.   According to the BLS, Consumer Price Index (CPI) inflation rose 3.2 percent year over year during [...] READ MORE

S&P 500 Hits 20th Record This Year in Risk-On Push: Markets Wrap

S&P 500 Hits 20th Record This Year in Risk-On Push: Markets Wrap (Bloomberg) -- The relentless rally in stocks powered ahead on optimism the Federal Reserve will be able to engineer a soft landing, which would bolster the outlook for corporate earnings.   A fresh bout of risk-taking drove the S&P 500 to its 20th [...] READ MORE