Is the U.S. dollar strong, or is everything else just weak?
Once again, gold is stuck below $1,800/oz as the U.S. dollar index rises, the Fed takes a hawkish turn, and geopolitical pressures build across the Eurozone and Asia.
Once again, gold is stuck below $1,800/oz as the U.S. dollar index rises, the Fed takes a hawkish turn, and geopolitical pressures build across the Eurozone and Asia.
The Omicron variant poses a new challenge for a global economy already struggling to facilitate enough growth to outpace inflation.
Retail sales are up, consumer sentiment is plummeting, and gold is thriving on the uncertainty of a wonky, cash-rich environment.
Supply shortages, strong consumer demand, and government money printing pushed CPI to 6.2% in October, a three decade high that has investors pouring into gold.
The Fed has finally decided to tighten monetary policy. Let’s look at the historical relationship between monetary tightening and gold performance.
Gold is in a consolidation phase, waiting for the markets to change their tune and drive the price higher.
Gold mounted a comeback this week as investors turned their attention sharply toward inflation hedges and safe haven strategies.
Alternative measures of inflation from the Cleveland and Atlanta Fed point to underlying pressures that threaten the “transitory” nature of this inflationary episode.
The U.S. central bank tries to tame persistent inflation without sacrificing the rampaging and uniquely fragile stock market.
U.S. consumer spending jumped by 0.7% in August, boosting the U.S. dollar and sparking another sell-off in gold.