Continuous gold futures on the New York Mercantile Exchange rose 0.65% to $3,010.50 a troy ounce in European midday trading, having reached as high as $3,017.10 earlier in the session. The prior ...
Successive US administrations tried to stop the outflow, without success. Dwight D. Eisenhower banned Americans from buying ...
Federal Reserve (Fed) Bank of New York President John Williams spoke at ... giving risk assets some room to breathe and pushing EUR/USD back to the 1.0850 level on Thursday. After hitting a ...
"We've never done this before and we'll probably never do it again," then-Director of the U.S. Mint Mary Brooks said after displaying the gold supply, according to a New York Times report ...
Gold's surge to $3,000 reveals the Fed's fundamental inflation misunderstanding. This historic price signals monetary trouble and policy challenges ahead.
Gold futures turned higher after the Fed’s decision to keep interest rates unchanged.
He noted that inflation expectations measured by other surveys, including the New York Fed’s survey, are still well anchored. The Fed’s wait-and-see approach on economic activity and inflation ...
The New York Fed report noted that “households expressed more pessimism about their year-ahead financial situations in February, while unemployment, delinquency, and credit access expectations ...
However, as equities rebounded on Friday, profit-taking trimmed gains, bringing gold slightly off its peak. Despite the pullback, macro risks remain in focus, with the Federal Reserve’s upcoming ...
Recommend buying assets replicating gold prices due to a record increase in New York inventories and a severe ... Massive central bank purchases and potential Fed rate cuts could drive gold ...