Gold prices have been on a wild ride lately, catching the attention of investors and economists alike. This precious metal has a history of being a safe bet during uncertain times, and it seems to be living up to that reputation once again. So, what's behind this sudden spike? Well, there are a few factors at play. For starters, global economic uncertainty has been ...
U. S. stocks had a major celebration on Monday, with big indexes hitting all-time peaks. Meanwhile, Asia-Pacific markets took a small dip on Tuesday, with Japan's Nikkei 225 dropping 1. 38%. Chinese and Hong Kong markets stayed steady. Investors are cheering for Scott Bessent, Donald Trump's choice for U. S. Treasury secretary. Both stock and bond markets are happy ...
Gold is having a moment in 2024. Its value has skyrocketed by over 30%, hitting an all-time high of $2, 748. 23 this week. What's driving this gold rush? The Federal Reserve's recent interest rate cut, global tensions, and uncertainties around the upcoming US presidential election have all played a part. Central banks in countries like China, India, and Turkey are al...