The US dollar advanced against the Canadian dollar as hotter core CPI data solidified expectations for an imminent Federal Reserve rate hike. Higher Treasury yields pressured gold, while crude oil pr…
Gold hovered near $4,380/oz, facing a third consecutive weekly drop as rising Fed rate-hike expectations lifted the US Dollar and Treasury yields. Hotter PPI data and crude oil topping $100/bbl on US…
This educational guide examines gold's historical role as an inflation hedge. It notes that while gold can help preserve purchasing power over the long term, its price does not move in lockstep with …
U.S. equities rallied across the board led by technology, with major indices gaining around 1% despite hotter CPI data. Retreating oil prices and upbeat tech earnings bolstered risk appetite, even as…
Global equities rallied on Friday as US indices surged despite steady August CPI data bolstering expectations for an upcoming Federal Reserve rate hike. Pullbacks in Treasury yields and crude oil pro…
Odds of a Federal Reserve rate hike surged past 85% ahead of the upcoming FOMC meeting following sticky inflation data and elevated oil prices. Rising Treasury yields are increasing pressure on equit…
CFTC COT data shows non-commercial traders reduced short positions more than long contracts, expanding net speculative length in gold. Total open interest rose slightly by 3,737 contracts, reflecting…
CFTC Commitments of Traders data shows gold open interest at 582,664 contracts. Managed money remains heavily net long with 148,982 long versus 9,434 short contracts, despite minor reductions in both…
CFTC data shows non-commercial gold traders expanded their net long positions by adding 522 long contracts and closing 3,314 short positions. Total open interest declined by 3,969 contracts, while co…
The CFTC Commitments of Traders report showed managed money trimmed gross gold long positions by 3,917 contracts and shorts by 2,118 contracts. Other reportables expanded net long exposure by 5,635 c…
August US inflation data showed headline CPI rising 0.4% month-over-month and core CPI up 0.3%, keeping annual growth at 3.4%. The hotter-than-expected figures have sharply boosted market expectation…
UBS advised clients to favor gold over platinum heading into Q4. The bank highlighted weakening platinum fundamentals and shifting supply-demand dynamics, including persistent market surpluses, softe…
US core CPI unexpectedly accelerated to 0.3% month-over-month in August, driven by sticky services and surging energy costs. The hotter reading raised the probability of a 25-basis-point Federal Rese…
U.S. consumer prices rose 0.4% in August, pushing annual inflation to 3.4% alongside surging energy costs. The acceleration boosted expectations for a Federal Reserve interest rate hike next week to …
Oil-driven inflation is serving as a catalyst across commodity markets, pushing precious metals and gold miners toward technical buy points ahead of the Federal Reserve's upcoming September interest …
Oil-driven inflation is acting as a catalyst for commodity markets ahead of the Federal Reserve's September meeting. Precious metals and gold miners like Wheaton Precious Metals are drawing instituti…
Cathie Wood predicts a structural breakout of Bitcoin against gold, citing its dual risk-on and risk-off properties. However, market analysis highlights that while Bitcoin surged over the trailing mo…
US stock index futures and broad market ETFs climbed pre-bell Friday after August consumer price index data met expectations with a 0.4% gain. Concurrently, WTI crude oil slid over 3% and precious me…
August core CPI rose 0.3% month-over-month, topping forecasts and boosting market bets for a Federal Reserve rate hike next week to 90%. Resurgent price pressures and surging oil costs are fueling ha…