Why Have Central Banks Been on a Gold-Buying Spree?Central banks globally have been on a notable gold-buying spree, significantly ramping up their acquisitions of the precious metal. This trend raises the question: why is gold so appealing to these monetary powerhouses, and does its allure extend to American investors? In the latest episode of U.S. Money Reserve’s exclusive video series, “In Conversation,” a […] READ MORE UBS: Silver Poised to “Dramatically” Outperform Gold This YearAnalysts at UBS say silver is posed to “dramatically” outperform gold this year… READ MORE Goldman Sachs: Gold Prices Are Forecast To Rise 6% in the Next 12 MonthsGoldman Sachs predicts a 6% increase in gold prices over the next 12 months, driven by robust central bank acquisitions and vigorous retail demand in emerging economies. This anticipated rise would elevate gold to $2,175 a troy ounce, according to Nicholas Snowdon and Lavinia Forcellese from the bank’s Commodities Research team. While the near-term outlook […] READ MORE Gold Inches Higher, Supported by Soft Dollar and Rising Middle East TensionsGold prices saw a modest increase on Thursday, influenced by a combination of a dipping dollar and rising tensions in the Middle East. This uptick comes as investors are on the lookout for upcoming U.S. economic data, which is expected to provide further insights into the Federal Reserve’s stance on interest rates. The spot gold […] READ MORE Markets underestimate risk of inflation re-accelerating, says PIMCOAmid the financial community’s growing optimism about interest rate cuts and economic recovery, PIMCO, the U.S. bond behemoth, throws in a word of caution, suggesting that both equity and fixed income markets might be underestimating the looming threats. Despite expectations for the Federal Reserve to lower rates within the year, PIMCO warns that the pace […] READ MORE From 68 Cents to $18: The Inflation Shockwave at McDonald'sExplore the shocking price hikes, the impact on low-income customers, and how currency devaluation is affecting consumer behavior. READ MORE Mortgage Markets Shudder as Interest Rates Soar Past 7%Mortgage demand is dropping as interest rates breached the 7% threshold, marking a significant setback for prospective homebuyers and refinancers alike. Last week witnessed a sharp 10.6% drop in total application volume, as reported by the Mortgage Bankers Association, driven by the steepest interest rate spike since early December. The average rate for a 30-year […] READ MORE The Largest Gold Reserves by Country VisualizedGold, known for its enduring value and role as a financial safety net, has once again proven its mettle amid fluctuating U.S. interest rates and persistent geopolitical tensions, reaching new heights in December 2023. A graphic created by Sam Parker, utilizing comprehensive data from authoritative sources like Central Banks, the Federal Reserve Bank of St. […] READ MORE Asda Report Highlights Significant Rise in British Families' Disposable IncomesIn the UK, households are experiencing an increase in disposable income, reaching a nearly two-year high, according to a survey published by the supermarket chain Asda. The report indicates that the average UK household’s disposable income rose by 6.1% year-on-year to £230 ($182) per week last month, marking the highest level since March 2022. This […] READ MORE « Previous 1 … 49 50 51 52 53 … 78 Next »
