Gold stays in rally mode, even when dollar and yields rise Central banks and geopolitics among the main drivers Chinese demand and inflation hedging add extra support Is it a bird? Is it a plane? No, it’s gold! Gold entered a flying mode at the beginning of March, surpassing its previous record high of $2,135 […]
The Federal Reserve Open Market Committee (FOMC) maintained the federal funds rate in the 4.25% to 4.50% range and announced it would continue its balance sheet runoff. The Fed justified its decision to hold rates steady by highlighting that the economy “continued to expand at a solid pace”, while inflation still remains “somewhat elevated”. On […]
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