The Spotlight10 minutes read The Importance of Gold in the Economy: Why It Matters and How It Impacts Financial Stability Understanding the role of gold in the economy is essential for anyone investing in precious metals. We demystify its impact and what to look out for.
Newsdesk10 minutes read Weekly Digest: Israel-Hamas Conflict, US Inflation Worries 14/10/2023: Escalating Israel-Hamas conflict raises concerns of a potential global economic downturn, the gold price is heading for its best week in 7 months, US inflation remains a persistent worry as consumer prices rose more than expected in September. And more.
Newsdesk10 minutes read Weekly Digest: Metro Bank Turmoil, Gold Rebounds 07/10/2023: The dollar takes a breather, boosting the yen and euro, gold is set for a comeback, breaking an eight-day losing streak, UK's Metro Bank faces financial turmoil with a 29% share plunge. And more.
Newsdesk10 minutes read Weekly Digest: CIA’s New AI Tool, Gold Pressured 30/09/2023: The CIA is developing its AI tool to rival China, Amazon invests heavily in Anthropic's AI, stronger dollar puts pressure on gold. And more.
Newsdesk10 minutes read Weekly Digest: Hot U.S. Inflation Data, ECB Rate Hike 16/09/2023: U.S. consumer prices surged more than expected in August, making it the hottest month for inflation in 2023, ECB hikes rates to a record level despite the threat of recession, euro set for the longest weekly losing streak since 1997. And more.
Newsdesk10 minutes read Weekly Digest: USD Winning Streak, Apple Shares Tumble 09/09/2023: U.S. dollar set for longest winning streak in years, Eurozone inflation holds steady at 5.3%, Apple loses $200 billion in two days after reports of iPhone ban in China. And more.
Newsdesk10 minutes read Weekly Digest: Gold Gains, Country Garden Crisis 02/09/2023: Gold set for a second consecutive weekly gain as focus shifts to U.S. jobs data, China unveils sweeping economic support measures amid Country Garden's critical vote, Ukraine intensifies drone attacks on Russia. And more.
Newsdesk10 minutes read Weekly Digest: Fed Meets at Jackson Hole, Prigozhin Plane Crash 26/08/2023: Investors await signals from Powell at Jackson Hole Symposium, Wagner boss Prigozhin reportedly killed in a plane crash with no survivors, global stock markets lost about $3 trillion in August. And more.
Newsdesk10 minutes read Weekly Digest: Fed Eyes More Rate Hikes, China’s Economic Struggles 19/08/2023: The Fed is considering more rate hikes due to inflation worries, gold sees a modest recovery, China's economic data falls short of expectations, Fitch Ratings warns of possible U.S. bank downgrades. And more.