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⛏️ Gold Holds $2,350 as Inflation Pressures U.S. Economy
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Gold Holds $2,350 as Inflation Pressures U.S. Economy
Despite initial volatility, gold holds steady at $2,350 following a higher-than-expected rise in April's Producer Price Index, signaling persistent inflation concerns. Read on »
Powell Cautiously Optimistic on Inflation, Rules Out Rate Hikes
Fed Chair Jerome Powell expects inflation to decrease, maintaining a cautious optimism despite recent data, with no further rate hikes anticipated. Read on »
USD Has Become So Weaponized That Central Banks Are Snapping Up Politically-Neutral Gold
Record high gold purchases by central banks reflect a strategic move to diversify away from the US dollar amidst growing geopolitical and economic uncertainties. Read on »
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