Gold rallies to a more than 6-week high after Fed policy update and weaker-than-expected U.S. economic data

Gold rallies to a more than 6-week high after Fed policy update and weaker-than-expected U.S. economic data

Gold futures rallied on Thursday, buoyed by weaker-than-expected U.S. economic data, even as the Federal Reserve indicated Wednesday that the central bank may taper its bond-buying programs in coming months and demand for gold fell in a report from the World Gold Council.

July 29, 2021 0 Comments
IMF warns that inflation could prove to be persistent and central banks may need to act

IMF warns that inflation could prove to be persistent and central banks may need to act

The International Monetary Fund warned Tuesday that there’s a risk inflation will prove to be more than just transitory, pushing central banks to take pre-emptive action.
July 27, 2021 0 Comments
U.S. headed towards 'bankruptcy'; Gold will protect you, everything else will 'get crushed'

U.S. headed towards 'bankruptcy'; Gold will protect you, everything else will 'get crushed'

The U.S. is headed for bankruptcy and economic decline, and the best way to protect your wealth is with gold, said Yaron Brook, managing partner of BHZ Capital.
July 23, 2021 0 Comments
Gold Price Forecast: XAU/USD to ‘rebound sharply’ towards $2000 – Goldman Sachs

Gold Price Forecast: XAU/USD to ‘rebound sharply’ towards $2000 – Goldman Sachs

Analysts at Goldman Sachs expect commodities to "rebound sharply" following their recent sell-offs while targeting gold to reach $2000 over the coming months.
July 21, 2021 0 Comments

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