Bond markets are flashing warnings of rising yields and global monetary inflation, pushing investors toward real assets like Bitcoin, gold, and property. We’re entering a new era of persistent monetary inflation, and traditional investment strategies like the 60/40 model (stocks and bonds) may no longer work. According to financial expert Michael Howell, the key to
Gold price sits at fresh weekly highs, remains poised to test $3,400. The US Dollar extends declines amid trade uncertainties, renewed dovish Fed bets. Gold price eyes acceptance above $3,377 yet again amid bullish daily technical setup. Gold price is sitting at fresh weekly highs near the $3,380 neighborhood, building on the previous upswing
XAU/USD Current price: $3,322.182 Market players keep waiting for US-China headlines, hoping for the best. The May US Consumer Price Index is scheduled for release on Wednesday. XAU/USD retreats from around $3,350, could re-test the $3,300 mark. Spot Gold extended its weekly rally on Tuesday, approaching the $3,350 area in the American session. The US
Gold price reverses previous bounce and retests $3,300, watching US-China trade talks. The US Dollar picks up strong bids early Tuesday amid USD/JPY rebound, trade optimism. Gold buyers stay hopeful until the 21-day SMA and RSI midline hold fort. Gold price is back to testing the $3,300 threshold early Tuesday amid resurgent US Dollar (USD)
XAU/USD Current price: $3,329.73 China reported a trade surplus of $103.22 billion in May, export and imports plunged. The United States will release the May Consumer Price Index next Wednesday. XAU/USD recovers from sub-$3,300, buying pressure is modest. Spot Gold hovers near $3,330 a troy ounce, posting a modest intraday advance at the beginning of
precious metals getty Precious metals companies specializing in the extraction of gold and silver from the earth had a good week. These five – four of the NYSE and one on the Nasdaq – blasted to new price highs mid-week before pulling back a bit on Friday. A widely followed gold stocks ETF also showed
A lump of gold on a stone floor getty Here’s a surprise from a die-hard closed-end fund (CEF) fan like me: Sometimes CEFs aren’t your best bet. I’ll admit, that’s tough for me to say—especially when the average CEF yields a historically high 9.1%. (CEF yields are usually around 8.5%). That high yield partly reflects
Gold (XAU/USD) prices are under mild pressure but remain supported by broader market factors. Although the pullback from a three-week high is modest, the yellow metal remains supported by several broader factors. A rebound in US Dollar and improved risk sentiment have triggered some intraday profit-taking. However, market uncertainty and expectations of lower interest rates
Gold bullion and coins are seen in Stuttgart, Germany. (AP Photo/Thomas Kienzle, File) AP2008 About 14 months ago, I wrote a column about gold. “I don’t think gold is an investment for all seasons,” I wrote, “but right now, I think it’s sensible to hold some.” That turned out to be right. Gold is up
Gold price meets with a fresh supply on Friday amid the emergence of some USD dip-buying. Trade tensions, geopolitical risks, and Fed rate cut bets should limit losses for the commodity. Traders look to the US PCE Price Index for Fed rate cut bets and a fresh impetus. Gold price (XAU/USD) struggles to capitalize on