What’s next for gold?Gold surged to an all-time high this week, boosted by expectations for US rate cuts, geopolitical tensions, and China’s economic woes. How much further can it go? Gold prices have risen on expected US Fed rate cuts, geopolitical tensions and China's economic woes All eyes on the Fed The key driver for the outlook of [...] READ MORE Gold Has Surged To New All-Time HighsThis week, gold rose as high as $2,161/oz, surpassing the significant $2,100 milestone and marking a historic moment for gold investors. READ MORE Fed Is ‘Not Far’ From Confidence Needed to Cut Rates, Powell SaysWants more evidence inflation is moving sustainably at 2% Fed chief suggests central bank is close to adjusting rates Federal Reserve Chair Jerome Powell suggested the central bank is getting close to the confidence it needs to start lowering interest rates. “We’re waiting to become more confident that inflation is moving sustainably at [...] READ MORE Big banks are getting what they want from WashingtonBig banks have been pressing US regulators to reconsider a controversial rule requiring them to hold greater buffers against future losses, and this week they got what they wanted. Federal Reserve Chair Jay Powell and FDIC Chair Martin Gruenberg both said Thursday they anticipate changes to the rule following pushback from lenders, community groups, [...] READ MORE Layoffs rise to the highest for any February since 2009, Challenger saysKEY POINTS Layoff announcements in February hit their highest level for the month since 2009, Challenger, Gray & Christmas reported Thursday. With a series of high-profile layoff waves, tech leads the way this year in cuts with 28,218, though that number has fallen 55% from the same period a year ago. More than 75 employers [...] READ MORE Gold Keeps Hitting Records and ‘Not Everything Adds Up.’ What’s Moving PricesThe price of gold continued to march upward on Thursday, set for the fifth straight day of record highs—and it’s not just the U.S. economic backdrop and Federal Reserve policy expectations boosting the yellow metal. Front-month contracts for gold traded in New York rose some 0.1% on Thursday, trading as high as $2,153 per [...] READ MORE New Billboard in Times Square Sounds Alarm on $34 Trillion National Debt CrisisIn the heart of New York City’s Times Square, a towering 50-foot billboard has been unveiled by the Committee to Unleash Prosperity (CTUP), striking a chord of caution among Americans with its stark warning about the nation’s burgeoning $34 trillion debt. This three-month-long ad campaign is designed to visually encapsulate the perilous journey of the […] READ MORE Powell Signals Potential Rate Cuts Pending Inflation ControlFederal Reserve Chair Jerome Powell stated on Wednesday that while the Fed anticipates reducing its key interest rate within the year, it seeks further proof of inflation steadily reverting to its 2% goal before taking action. His remarks to a House committee were consistent with his previous comments at a January 31 news conference. Nevertheless, […] READ MORE Gold Hits Record High: What's Next for the Bullion Market?Gold’s rise to a record high this week has left some analysts scratching their heads, wondering how much higher it can possibly climb. The unexpected 5% spike in gold prices over the last four trading days, culminating in surpassing the previous December peak, can be attributed to a cocktail of weak US economic data and […] READ MORE « Previous 1 … 39 40 41 42 43 … 79 Next »
