Reading Time: < 1 minute Even as the Fed gets ready to tighten, which could dampen the appeal of non-interest-bearing bullion, demand for the haven is getting support from the drop in equities, U.S.- Russia tensions over Ukraine, and the plunge in Bitcoin.
Reading Time: < 1 minute Precious Metal headed for a second consecutive weekly gain, even as an advance in inflation-adjusted bond yields diminishes the appeal of the non-interest-bearing asset.
Reading Time: 3 minutes Inflation at a 40-year high, Risk-off market sentiment and geopolitical uncertainty has created a perfect storm scenario for the precious metals. These three primary concerns have elevated the bullish market sentiment.
Reading Time: < 1 minute Gold headed for a second straight weekly gain as investors sought an inflation hedge amid a retreat in U.S. bond yields and equities. With the U.S. consumer price index rising the most in almost 40 years in the 12 months through December, there’s been added pressure on the Federal Reserve to tighten monetary policy.
Reading Time: < 1 minute Precious Metals rose to the highest level in almost two months amid demand for an inflation hedge, while the bond market sell-off stalled and U.S. equities continued to retreat.
Reading Time: < 1 minute Precious Metals held near the highest in a week after accelerating inflation in the U.S. solidified expectations that the Federal Reserve will start raising interest rates as soon as March. The consumer price index climbed 7% in 2021, the largest 12-month gain since June 1982
Reading Time: < 1 minute Precious metals held near the highest in almost a week as Federal Reserve Chair Jerome Powell sought to reassure investors that the central bank could contain decades-high inflation without hurting the U.S. economy
Reading Time: < 1 minute Precious metals prices advance as investors assessed comments by the Federal Reserve Chair that the central bank will prevent inflation from getting entrenched amid rising expectations for an interest rate hike in March. Jerome Powell also cautioned that the post-pandemic economy might look different than the previous expansion
Reading Time: < 1 minute Many of the drivers that tend to be positive for the US dollar — tighter central bank policy, less US fiscal stimulus, and rising real interest rates — also tend to be negative for gold