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The Allure of Gold: Sparkling at Two-Month High Amidst Fed Rate Cut Speculations

Manufacturing Conundrum: Uphill Battle for US Economy Recent data unveiled a troubling trend in US factory activity for February, with shrinking orders, production, and employment painting a bleak picture of the sector's struggle for momentum. Consumer Sentiment Wanes: A Nail in the Economic Coffin? Adding to...

Copper Price Skyrockets as Optimism for End to Fed’s Rate Hikes Grows

The past two years have been a rollercoaster ride of higher borrowing costs and a relatively strong dollar, creating a turbulent atmosphere for metals. However, a recent spark of hope has ignited due to a pledge from China’s central bank to provide financial support...

Gold price subdued by Fed’s higher-for-longer interest rate stance

The gold market continues to be subdued due to the slightly hawkish stance of the Federal Reserve and other global central banks. However, signs of economic stress are providing some support to the market. This analysis comes from Everett Millman, chief market analyst...