Precious metal markets
Gold eases as dollar gains, Fed rate cut bets lend support
Gold prices inched up on Thursday following a sharp rise in the last session as the dollar and bond yields weakened on the increasing likelihood of rate cuts by the U.S. Federal Reserve as early as September. Picture Alliance | Picture Alliance | Getty Images Gold prices edged lower on Thursday as the dollar rebounded, […]
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Gold, silver and platinum’s red-hot rally still has further to go, strategists say
Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in Munich. Sven Hoppe | Picture Alliance | Getty Images Gold, silver and platinum prices have been on a tear so far this year, and strategists say the precious metals could continue to hit […]
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This inflation-targeted ETF may well be in a sweet spot
ETF Edge This inflation-concentrated ETF may perhaps be in a sweet spot Posted Sat, Might 11 202411:00 AM EDT Emily Glass Observe Stay Supply
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‘Big change’ in international advancement is bullish for commodities together with copper, claims VanEck CEO
Traders should take into consideration commodities because of to a “big modify” involving intercontinental enlargement, according to VanEck CEO Jan van Eck. “The world economy started expanding all over again,” van Eck advised CNBC’s “ETF Edge” this week. He singles out China, the world’s second-most significant overall economy at the rear of the U.S., as […]
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Situation for gold fever: NewEdge Wealth sees document rush intensifying
The report gold rush may perhaps intensify into year-end. In accordance to NewEdge Wealth’s Ben Emons, the final month of the yr normally generates a larger hunger for the yellow steel. “It truly is been incredibly reliable each individual December. It really is been a fairly sturdy general performance for gold — specifically when there […]
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Why substituting cryptocurrency for gold publicity may possibly be a high priced error
ETF Edge Why substituting cryptocurrency for gold exposure may be a costly mistake Posted Sat, Jul 29 202311:00 AM EDT Lina Hassen Look at Stay Resource
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BHP posts file total-12 months iron ore output, flags rising costs
BHP Group’s symbol adorning the side of its world wide headquarters in Melbourne on February 21, 2023. William West | AFP | Getty Visuals BHP Group on Thursday described its highest at any time annual iron ore production, served by the ongoing ramp up at its South Flank functions in Western Australia but flagged it faces rising costs. The world’s major stated […]
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Gold dips but established for weekly rise on Fed price pause hopes
Akos Stiller | Bloomberg | Getty Photos Gold prices dipped on Friday after climbing additional than 1% in the former session, despite the fact that hopes of a likely pause on desire price hikes by the U.S. central bank held bullion on monitor for a weekly obtain. Spot gold fell .2% to $1,963.41 for each ounce by 05:15 […]
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‘Dangerous territory’: Investor Peter Boockvar warns recession is spreading to other parts of economy
There may be no escape from recession. The latest reports on housing and manufacturing, according to investor Peter Boockvar, suggest it’s rapidly spreading to other parts of the economy. “People are not being sensitive enough to this economic slowdown and what it’s going to be mean for corporate earnings and profit margins,” the Bleakley Advisory […]
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