Kitco: Gold Is “Good Money” As a Hedge Against Inflation and Default Risks
Gold prices have had some wild swings in the past few weeks. After closing over $2,400 for the first time last week, prices sold off
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Gold prices have had some wild swings in the past few weeks. After closing over $2,400 for the first time last week, prices sold off
It’s now been ten months since the Federal Reserve stopped raising interest rates. Typically, the central bank starts to cut rages eight months after its
The latest economic data indicates that inflation is here to stay. Rather than drop to the Federal Reserve’s 2% annual target, it’s closer to
Gold has been outperforming the overall stock market in 2024. And since markets have started to trend lower in recent weeks, gold has held its gains.
April 5 marked the 91st anniversary of the day that the United States abandoned the gold standard domestically. Americans were able to buy and invest in
Gold has been hitting new all-time highs. And not just in the U.S. dollar, but when compared to other currencies also. While the price
The market rally since late October has been strong. Some analysts even view it as too strong. Fear of missing out (FOMO) seems to have afflicted
Gold prices have held up well over the past few years. The metal has even made a new record-high price in dollars in the past
Commodities have had mixed performance over the past few years. Some commodities such as uranium and coffee have soared, although for different reasons. Uranium demand has
After years of underperformance, investors have started to see a higher interest in the energy market. The rise of green energy and electric vehicles saw an
Inflation ticked higher in December, based on the latest government data. Higher inflation tends to be good for hard assets like commodities, particularly gold. However, even
Stock markets trended higher last year, closing 2023 at record highs. Many other assets also broke higher. Only one other asset saw a new record high.