As further evidence of GDP growth, the Commerce Department reported that durable goods orders surged 5.3% in November, which was well above economists’ consensus estimate of a 4% increase. Excluding a ...
Gold Spot US Dollar, Kinross Gold Corp, Wheaton Precious Metals Corp, Gold Futures. Read 's Market Analysis on Investing.com ...
This analysis is by Bloomberg Intelligence Senior Commodity Strategist Mike McGlone. It appeared first on the Bloomberg Terminal. The highest month-end gold price ever vs. the Bloomberg Commodity Spot ...
Gold is a traditional hedge against inflation for investors but in China surging bullion prices are having the opposite effect, providing a temporary respite from deflationary pressures. Core ...
Central bank buying and questions about Fed independence have driven gold higher. Price of gold may move higher from here but it may not be a straight line. Gold can provide hedging and ...
As far as interest rate cuts are concerned, Warsh will likely cite labor market weakness as one reason the Fed should cut, but I suspect that during his Senate confirmation hearing, he will not call ...