Gold (XAU) surged above $2,900 to hit a fresh record at $2,942. Growing demand for gold as a safe-haven asset is pushing it ...
Inflation is driven by excessive money ... bull market since Nixon severed ties between the dollar and gold in 1971. The chart below shows the monthly price of gold since 1980 (top clip).
Gold sellers test the key support on the 4H chart, as US CPI inflation data looms. Gold price consolidates the previous pullback from record highs of $2,943, struggling below $2,900 early Wednesday.
Gold slips as Powell signals no rush for rate cuts. CPI data and trade tensions add pressure, with key support at $2,857.49.
Studies have found that gold may be an effective inflation hedge, but only over extremely long periods of time, measured in decades or centuries. Over shorter time periods, the inflation-adjusted ...
Gold has served as a store of value throughout history, helping to preserve purchasing power in times of economic turmoil. And, given this new spike in inflation, there are even more reasons why ...
U.S. inflation expectations have surged over the past few months, and this has been a bullish driver for gold and silver.
Take a look at how various financial markets are trading following the release of January's consumer-price index: stock futures, Treasury yields, the dollar, gold and Brent crude oil.
Unprecedented appetite for physical gold has paralyzed suppliers globally. Although historical parallels with the 1970s are unlikely, high budget deficits support fears of inflation’s second wave.
The above chart shows how the gold price has ... Over shorter time periods, the inflation-adjusted price of gold fluctuates dramatically, typically making it a poor near-term hedge for inflation.
On the economic front, retail inflation has eased further. US President Donald Trump has imposed a 25% tariff on all steel and aluminium imports, effective 4 March. The US sources most of its ...
Gold faces a hangover on Wednesday after a wild ride the previous day. Traders are shedding their stake in Bullion after a stronger inflation report. The $3,000 level is out of the cards this week ...