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Staggering Job Report Error Sparks Market Uncertainty

Staggering Job Report Error Sparks Market Uncertainty

August 26, 20244225 view(s)

The Bureau of Labor Statistics recently corrected a significant error, revealing that 818,000 reported jobs from April 2023 to March 2024 were not created. This revision impacts global markets and may influence the Federal Reserve's monetary policy shift, as Jerome Powell's recent dovish speech signals potential interest rate cuts amid a weakening labor market.

Gold Breaks Record at $2,500: Analysts Eye $3,000 by 2025

Gold Breaks Record at $2,500: Analysts Eye $3,000 by 2025

August 19, 20242754 view(s)

Gold prices reached a record high of $2,500 an ounce, up from $2,465 last Monday. Citi analysts forecast a target of $3,000 per ounce by mid-2025, with a Q4 average of $2,550. China's recent gold purchase quotas may have contributed to the recent price surge.

Gold Rush Amid Market Gloom: Recession Fears Escalate

Gold Rush Amid Market Gloom: Recession Fears Escalate

August 05, 20243558 view(s)

Gold prices rise as market volatility and recession fears increase. Fed and Bank of Japan interest rate decisions, disappointing U.S. labor market data, and geopolitical tensions contribute to economic uncertainty. Investors turn to gold and silver for stability. Join our webinar on August 8th to learn more about tangible assets.

Price of Gold Continues to Rise As Tensions in Israel Flare

Price of Gold Continues to Rise As Tensions in Israel Flare

July 29, 20242415 view(s)

Gold prices rise to $2,405 an ounce as higher-than-expected GDP data dampens Fed rate cut speculation. Historical data shows a weak correlation between interest rates and gold prices. Key market movers this week include the FOMC interest-rate decision and U.S. economic reports, while geopolitical tensions boost gold demand.

Gold and the Oval Office: How Trump and Harris Could Shape Future Prices

Gold and the Oval Office: How Trump and Harris Could Shape Future Prices

July 23, 20244458 view(s)

Explore how the policy platforms of Trump and Harris could influence gold prices, with insights on inflation, energy policies, and global economic dynamics impacting the demand for this precious metal.

Gold Prices Soar Amid Trump Assassination Attempt and Fed Rate Cut Speculations

Gold Prices Soar Amid Trump Assassination Attempt and Fed Rate Cut Speculations

July 15, 20243012 view(s)

Gold prices surge to $2,444 amid market reactions to former President Trump's assassination attempt and speculations of a Federal Reserve rate cut. Explore how a potential Trump victory in November could impact the stock market and gold prices. Stay informed with key market events and insights from financial experts. Join our live webinar for in-depth discussions.

Gold Price Rises Marginally Amid Economic Shifts

Gold Price Rises Marginally Amid Economic Shifts

July 08, 20242194 view(s)

Gold prices rose to $2,365/oz from $2,339/oz last week amid a slight increase in the U.S. unemployment rate to 4.1%. Jerome Powell emphasized stable economic growth with 4% unemployment and 2.6% inflation. Market events include Powell's testimonies and inflation data, influencing potential Federal Reserve interest rate cuts.

Gold Holds Steady as Interest Rates Continue to Hang in the Balance

Gold Holds Steady as Interest Rates Continue to Hang in the Balance

July 01, 20242051 view(s)

Gold prices hold steady, up minimally at $2,339 an ounce from $2,336 an ounce last week. Since the April 2024 Iranian missile attack, prices have stayed resilient around $2,300 an ounce, appealing to investors. The PCE inflation report met expectations at 2.6%, calming concerns for the Federal Reserve amidst upcoming economic indicators and market events.

Gold Rises as Banks Face Derivative Woes and Recession Fears

Gold Rises as Banks Face Derivative Woes and Recession Fears

June 24, 20242161 view(s)

Gold inches up to $2,336 as FDIC and Fed reveal major flaws in big banks' derivative plans, posing recession risks. Central banks boost gold reserves, anticipating a potential liquidity crisis amid troubling economic indicators.

Gold Prices Hold Steady Amid Federal Reserve's Cautious Rate Stance

Gold Prices Hold Steady Amid Federal Reserve's Cautious Rate Stance

June 17, 20241809 view(s)

Gold prices rose slightly to $2,330 an ounce. Despite the Federal Reserve's cautious stance on rate cuts and ongoing economic indicators, gold has remained stable. Key market events this week may influence future rates.

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