Gold Faces a Lackluster January with a Close Eye on the FedGold prices are on track to mark their first monthly decline in four, as expectations for early U.S. interest rate cuts wane ahead of the Federal Reserve’s policy decision. Spot gold hovered around $2,037.30 per ounce, reflecting a modest drop of 1.2% for the month, amidst reduced bets for a March rate cut by the […] READ MORE GoldSilver Infographic: History of Money and Currency in the USAWhat you’ll see is that with each monetary change in the US, the value of our currency has gradually been destroyed. We started with 100% gold-backed currency. READ MORE Jamie Dimon Warns of Imminent Economic Cliff Due to U.S. DebtJPMorgan Chase CEO Jamie Dimon has raised an alarm over the burgeoning U.S. national debt, warning of a potential global market rebellion. As of now, the U.S. national debt stands at a staggering $34.14 trillion, roughly amounting to $100,000 per person in the country. Despite the debt ceiling being suspended until 2025, Dimon expressed grave […] READ MORE Euro Zone Beats Recession Odds, But Economic Challenges LoomIn an unexpected turn, the Euro Zone managed to avert a recession in the latter half of 2023, thanks to stronger economic performance in Italy and Spain. This development counterbalanced Germany’s economic difficulties, allowing the Euro Zone to narrowly escape a downturn. The Gross Domestic Product (GDP) remained flat in the last quarter of 2023, […] READ MORE Samsung: 2024 Key Commodity Market OutlookSamsung’s 2024 commodity market outlook suggests a cautiously optimistic view for key commodities. The previous year, 2023, did not meet profitability expectations in the commodity sector, primarily due to more resilient supply chains than anticipated. However, for 2024, the fundamentals for most commodities appear neutral to mildly bullish. Despite concerns over slow economic growth impacting […] READ MORE The Silver Institute: Demand Soars to Near-Record Highs in 2024The global demand for silver is on an impressive trajectory, with forecasts indicating it could reach a staggering 1.2 billion ounces in 2024. If achieved, this figure would mark the second-highest level of silver demand ever recorded. The surge is primarily driven by an increased industrial offtake, with expectations that this sector will reach new […] READ MORE Pandora's Sustainable Shift: Embracing Recycled Precious MetalsPandora, the world’s largest jeweler by product volume, has made a significant shift in its production practices by moving away from mined precious metals. Instead, the company is exclusively using recycled gold and silver. This transition by the Danish company, famed for its charm bracelets priced between $65 and $95, is a sustainability-driven decision. Annually, […] READ MORE Oil's Surge: Algorithmic Buying Meets Geopolitical TensionsWest Texas Intermediate crude experienced a 1.5% rise in a particularly volatile trading session, primarily driven by a surge in algorithmic buying. According to Dan Ghali, a commodity strategist at TD Securities, while this aggressive algorithmic activity has propped up futures, sustaining these higher prices will require more fundamental market drivers. The recent drone attack […] READ MORE IMF's Brighter Global Outlook: U.S. Strength and China's Stimulus Lead the ChargeThe International Monetary Fund (IMF) has revised its global growth forecast for 2024 upwards, now predicting a 3.1% expansion, marking a 0.2 percentage point increase from previous estimates. This optimistic adjustment stems from the resilience demonstrated by the U.S. economy, alongside the effects of fiscal stimulus in China. Additionally, robust performances from major emerging market […] READ MORE « Previous 1 … 50 51 52 53 54 … 63 Next »
