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
'Rich Dad, Poor Dad' author Robert Kiyosaki warns an epic market crash is coming - and tells investors to buy bitcoin, gold, and silver

'Rich Dad, Poor Dad' author Robert Kiyosaki warns an epic market crash is coming - and tells investors to buy bitcoin, gold, and silver

Financial markets are barreling towards a brutal downturn, and investors should bank on cryptocurrencies and precious metals to weather the fallout, "Rich Dad Poor Dad" author Robert Kiyosaki tweeted on Monday.
June 29, 2021 0 Comments
U.S. inflation soars in April to 13-year high, CPI shows, and reveals fresh stress on the economy

U.S. inflation soars in April to 13-year high, CPI shows, and reveals fresh stress on the economy

The numbers: Consumer prices rose sharply again in April and drove the rate of inflation to the highest level in nearly 13 years, signaling greater stress on the economy as businesses grapple with supply shortages that are raising the cost of many goods and services.
May 12, 2021 0 Comments
Central and Eastern European central banks significantly expand their gold reserves

Central and Eastern European central banks significantly expand their gold reserves

Last month Hungary tripled its gold reserves. The decision by the National Bank of Hungary (Magyar Nemzeti Bank, MNB) to increase its gold reserves to 94.5 tonnes, a historic high, follows a 10-fold increase in Hungary’s gold holdings in the last quarter of 2018. 
April 23, 2021 0 Comments

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