Spot gold was up 1.3 percent at $2,620.63 per ounce by 1:43 p.m. ET, while U.S. gold futures settled 1.2 percent higher to $2 ...
A fall in government bond yields increases interest in gold as an alternative to capital preservation, all other things being equal. This inverse correlation worked well last year but has started to ...
With new easing cycle from the Fed kicking off, tech "bubble risks" are back, Bank of America strategist Michael Hartnett ...
That’s been proven accurate, as stocks are down, the dollar is stronger, and yields are rising... yet gold is soaring.
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest ...
Be careful what you wish for – as many people have been clamoring for the Fed to lower rates they may not have considered ...
Big banks also see gold gaining more ground. Goldman Sachs Group Inc. is forecasting prices to rise to $2,700 an ounce by ...
One Bank of America strategist believes this week’s jumbo interest-rate cut by the Federal Reserve risks reigniting a potential bubble in stocks. Stocks rallied on Thursday as traders came around to ...
Markets took a breather on Friday, with stock futures little changed in premarket trading after rallying to record highs ...
Goldhits fresh all-time high on weak US dollar.It hit a high of $2612 and is currently trading around $2605. The number of ...
Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent ...