Tag: inflation
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Gold Buying 101: Don’t Get Ripped Off! What You Need to Know Before Buying Gold And Silver – Follow These Tips!
Reading Time: 14 minutes Summary: The article emphasizes the importance of education and due diligence before buying gold or other precious metals. It highlights that there is no one-size-fits-all approach, and factors such as objectives, time frame, and risk tolerance should be considered. The piece discusses various forms of gold, including bullion and numismatic products,…
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US Economy Surprises with 3.3% Fourth Quarter Growth, Defying Expectations
Reading Time: < 1 minute In a surprising turn of events, the US economy exceeded expectations by growing at an annualized pace of 3.3% in the fourth quarter, according to the Bureau of Economic Analysis. This surpassed the consensus forecast of 2% by economists surveyed by Bloomberg. Despite concerns about a slowdown, the GDP release…
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Analyzing the Impact of Various Factors on Gold Prices: A Focus on Housing, Stock, and Consumer Prices in the Malaysian Context
Reading Time: 2 minutes In summary, the study concludes that housing prices are the most influential factor affecting the price of gold, while stock prices, particularly in the Malaysian context, do not significantly impact gold prices. Additionally, the analysis highlights the historical role of gold as a safe haven during stock market downturns, but acknowledges…
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Gold Prices Under Pressure as March Fed Rate-Cut Expectations Diminish.
Reading Time: 3 minutes Gold prices experienced a decline on Monday, reflecting investor reconsideration of the Federal Reserve’s stance on interest rates. Policymakers stress the importance of maintaining tight interest rates for sustainable inflation, leading to selling pressure on the precious metal. The absence of fresh cues on Middle-East tensions further diminishes the appeal for…
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Gold Prices React to Stronger Dollar and Cautious Rate Cut Approach.
Reading Time: 2 minutes Summary: Gold prices experienced a 0.2 percent dip, following a previous session’s 1.3 percent decline, as the U.S. dollar strengthened. The current price stands at $2,023.49 per ounce, marking the largest single-day fall since December 4 last year. Other metals, including silver, platinum, and palladium, also witnessed declines. Gold prices faced…
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Global Markets Navigate Geopolitical Tensions: Gold’s Resilience, Dollar’s Rebound, and the Fed’s Rate-Cut Dilemma.
Reading Time: 3 minutes Summary: Amidst ongoing geopolitical tensions in the Red Sea and the Ukraine conflict, global markets face a delicate balance. While US equities reach multi-year highs, the FTSE 100 and DAX 40 experience short-term pressure in Europe. The article examines the technical outlook for gold, its recent underperformance, and the impact of…