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 ...
It doesn’t “get much better than that for risk, so investors are forced to chase” the rally, Michael Hartnett says in a note.
US stocks edged lower while gold climbed to another all-time high Friday as Federal Reserve policymakers weighed in on the fight against inflation.
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 ...
The uncertainty that the markets are facing ahead of November’s elections is likely to cause investors to begin increasing ...
New reports show that the price of gold dipped slightly this week after hitting a new record of $2,617.40, based on Comex December futures. The price of silver has also risen slightly, with figures ...
US and European stock markets retreated on Friday following a rally and records triggered by a jumbo US interest rate cut ...
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 ...