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 ...
Key Takeaways Gold price surged to a fresh record past $2,900 Monday as President Trump announced 25% tariffs on steel and ...
Gold price consolidates the previous pullback from record highs of $2,943, struggling below $2,900 early Wednesday. All eyes now remain on the high-impact US Consumer Price Index (CPI) data due later ...
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).
Since President Trump took office and introduced his policies, financial markets have faced a wave of uncertainty driven by a ...
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 ...
Investors should eye key support levels on gold's chart around $2,790 ... on steel and aluminum imports and investors brace for inflation data later this week. The prospect of looming trade ...
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.
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