Learn

BRICS Expansion and De-Dollarization Efforts Challenge USand EU Economic Dominance

Source: iStock The BRICS bloc is ready to continue its expansion in 2024. Successfully inducting multiple new nations in January, the bloc is expected to invite more countries to join sometime this year. With more countries showing interest in BRICS and its missions, the United States and the European Union are facing a new developing [...] READ MORE

The Latest Inflation Breakdown

Americans plagued by surging prices over the past 20 months continue to face strain as the cost of meeting everyday necessities remains stubbornly high.   The Labor Department said Tuesday that the Consumer Price Index (CPI), a broad measure of the price of everyday goods, including groceries, gasoline, and rent, rose 0.4% in February from [...] READ MORE

Gold’s Rally Leaves Some Market ExpertsBaffled

The price of gold has surged 7 per cent in just over a week to hit record highs, leaving longtime market watchers struggling to explain what has been one of the yellow metal’s most curious rallies.   The sudden price move has lifted the haven asset above its previous peak reached in December to hit [...] READ MORE

Record Inflows Catapult Bitcoin Near All-Time Highs

(Bloomberg) -- Bitcoin rose to a record for the third time in five days before traders appeared to take the opportunity to realize some of the recent gains.   The original cryptocurrency reached an all-time peak of $72,968 on Tuesday, before pulling back below $70,000. The fresh highs were reached in the wake of a [...] READ MORE

Gold Retreats from All-Time Highs as Traders Eye UpcomingU.S. Inflation Data

Investing.com-- Gold prices fell in Asian trade on Tuesday, retreating from record highs as traders lock-in some profits ahead of key U.S. inflation data that is widely expected to factor into the path of interest rates.   Growing bets on interest rate cuts by as soon as June, coupled with increased safe haven demand, saw [...] READ MORE

CPI Up 0.4% in February, a 3.2% Increase From a YearAgo

KEY POINTS The consumer price index, a broad measure of goods and services costs, increased 0.4% for the month and 3.2% from a year ago. The monthly measure was in line with expectations while the 12-month reading was slightly higher. The core CPI rose 0.4% on the month and was up 3.8% on the year. [...] READ MORE

Navigating Platinum Prices: Uncovering the Platinum Spot Price and Historical Trends

Platinum is among the most expensive and rarest precious metals, and many investors are attracted to its potential role in portfolio diversification due to its high value and scarcity and its ability to operate as an inflation hedge. One important factor influencing platinum's value as an investment is its spot price. For investors purchasing platinum, [...] READ MORE

Best Places to Hide Gold and Silver at Home

For gold and silver bullion buyers, the question arises of where to keep your gold and silver. Taking physical delivery of your gold or silver is often the most rewarding part of the purchasing experience, as it gives you, the bullion investor, a fuller understanding of the real value of tangible monetary assets.   But [...] READ MORE

Oil Prices Tread Water as Market Anticipates US InflationInsights

(Bloomberg) -- Oil was little changed as traders wait to see if a week of key data inputs can break the market from its recent torpor.   Western Texas Intermediate futures edged lower to settle just shy of $78 a barrel after earlier dropping to the lowest intraday price in two weeks. Investors are watching [...] READ MORE