Silver Prices Are Outpacing Gold. That’s a Good Sign for the Global Economy.
Many industrial metals including silver have gained as Covid-related restrictions eased in China.…
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Commodity Markets
Gold demand surged to 11-year high on ‘colossal’ central bank buying
Ingots of 99.99 percent pure gold are placed in a workroom at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. Alexander Manzyuk | ReutersGold demand soared to an 11-year high in 2022 on…
Why gold prices may be headed for record highs this year
Gold recently climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this year, after closing out 2022 with a modest loss.Gold “noticeably” appreciated by…
Opinion: 11 predictions for money, technology, stocks and crypto for 2023
Here are some 2023 predictions for financial markets, the economy and stocks. I’ve spent the last year and a half being cautious in the wake of the Bubble-Blowing Bull Market that finally ended early in 2022.…
Gold flat as focus shifts to inflation data
Gold jewelry at a store ahead of the festival of Diwali in New Delhi, India on Sunday, Oct. 23, 2022.Anindito Mukherjee | Bloomberg | Getty ImagesGold prices were flat during early Asian hours on Friday, as traders awaited economic data…
Gold at $4,000? Analysts share their 2023 outlook for prices
Gold prices could surge to $4,000 per ounce in 2023 as interest rate hikes and recession fears keep markets volatile, said Juerg Kiener, managing director and chief investment officer of Swiss Asia Capital. The price of the precious…
Gold flat as traders strap in for Fed decision
Gold jewelry at a store ahead of the festival of Diwali in New Delhi, India on Sunday, Oct. 23, 2022.Anindito Mukherjee | Bloomberg | Getty ImagesGold prices were flat on Wednesday, with investors readying themselves for the U.S. Federal…
Retail capitulation may be a new year’s gift for the stock market, says this analyst
If any week is going to move the bar for investors, it might be this one. Ahead of a Fed decision, which holds a risk of more hawkish chatter from Fed Chairman Jerome Powell, we’ll get a closely watched CPI report…
Keystone Pipeline shuts down after oil leak, halting flow of 600,000 barrels a day
New York
CNN Business
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The Keystone Pipeline has been shut down following a leak discovered near the border of Kansas and Nebraska.
The shutdown of the major…
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market…
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022.Brendan McDermid | ReutersAfter a tumultuous year for financial markets, Standard Chartered outlined a number of potential surprises for…