Tag: gold

Progress in the U.S. debt ceiling talks saw stock equities rise while gold fell to a two-month low. Renewed optimism surrounding the debt talks saw a reduced number of investors turn to safe havens such as gold in an effort to protect themselves against...

JPMorgan Chase & Co.’s Marko Kolanovic advised clients to consider selling off some shares while retaining their cash. This comes as the team of JPMorgan strategists led by Kolanovic reduced their stocks and corporate bonds allocations while boosting their cash holdings by 2%. Kolanovic's reasons...

Gold approached historically high levels on Wednesday as stocks and bonds both tumbled following news that U.S. job vacancies in February hit their lowest levels since May 2001. Gold was up $2.90 per ounce, or 0.14%, at $2,041.10 per ounce. While gold raced towards historic...

Stocks, bonds, and U.S. commodities experienced significant gains in the first quarter of 2023 despite market volatility. Investor sentiment was rocked numerous times amid the Federal Reserve's continued interest rate hikes in the face of persistent inflation and the ongoing banking sector crisis. The S&P...

With tensions between China and the United States triggering investor anxiety, gold continues to extend its gains, with bullion approaching a four-week high. Spot gold reached $1,788.05 on Tuesday—its highest intraday level since July 5. While silver, platinum, and palladium all gained as well. Fears...