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Goldman Sachs Recommends Gold to Mitigate Inflation Risk from U.S. Elections

Goldman Sachs strategists suggest that gold can hedge against inflation risks linked to a Republican...

CBO Report: U.S. National Debt to Exceed $56 Trillion by 2034

A Congressional Budget Office report projects that the U.S. national debt will exceed $56 trillion...

CBO Raises 2024 US Budget Deficit Forecast by 27% to Nearly $2 Trillion

The Congressional Budget Office (CBO) has increased its 2024 US budget deficit forecast by 27%...

Gold Prices Rise as Market Eyes Potential Fed Rate Cuts

Gold prices reached a one-week high early Thursday, driven by expectations of a Fed rate...

China's Energy Consumption Per Person Outstrips Europe, Led by Tech and Renewables

China’s per capita energy use surpassed Europe’s for the first time last year, driven by...

Tether Launches a New Gold-Backed Dollar-Tracking Token

Tether has introduced “Alloy,” a new gold-backed asset, with its first token, aUSD₮, pegged to...

Yuan Hits Weakest Level Since November as China Loosens Currency Control

China’s central bank set the yuan’s reference rate at its weakest since November, signaling a...

Soft U.S. Data Pushes Gold to Two-Week High

Gold prices reached a two-week high on Thursday due to weak U.S. economic data boosting...

History Warns: Recession Looms as Fed Maintains High Interest Rates

Despite falling inflation and reduced consumer spending, the Federal Reserve decided not to lower interest...

World Gold Council Survey: 29% of Central Banks to Increase Gold Holdings in 2024

The World Gold Council’s 2024 survey reveals that central banks plan to continue increasing their...

“Deal’s Off,” Canadian Officials Tell China

China’s recent attempt to secure a rare earth minerals stockpile ended in failure when a...

The U.S. Economy and Gold: 3 Things to Watch in Second Half of 2024

Heading into the second half of 2024, the U.S. economy is slowing down, inflation is...

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