Investors should diversify into commodities as inflation concerns build
Gold is Goldman Sachs's "highest conviction" commodity, with analysts forecasting it could soar to $5,000 an ounce if the Federal Reserve's independence is damaged, with moves by Donald Trump this year having regularly spooked markets. It would only take private investors shifting 1% portion of US government bond holdings into gold, the investment bank said.
Bitcoin has proved to be a worthy rival to gold, as assets under management in exchange-traded funds for the cryptocurrency have been quickly catching up to those of the safe-haven staple.
U.S. stock futures edged higher Monday while gold futures hit a new all-time high, amid uncertainty around the Fed's independence and the Trump administration's tariffs, as well as rising optimism about potential interest-rate cuts.
Gold hits a five-month peak and silver nears $41 as Fed rate cut bets and strong U.S. data fuel momentum in precious metals.
Gold analysis shows strong weekly breakout fueled by dovish Fed signals, dollar weakness, and ETF demand. $3500.20 target in focus for XAU/USD bulls.
Matcha prices have hit an all-time high as its health benefits keep the internet abuzz. A record heatwave in Japan has threatened supplies and may push prices higher.
Gold price breaks key resistance as inflation data fuels Fed rate cut bets. XAU/USD eyes all-time high with DXY weak and ETF inflows rising.
Leveraged funds soar. They're up triple digits.
Core PCE inflation rose 2.9% in July as expected, keeping Fed rate cuts off the table. Resilient spending and weak savings add pressure to yields.
Gold and silver ease as strong U.S. data lifts the dollar, but Fed rate cut bets and inflation outlook keep metals supported ahead of PCE figures.
Silver and platinum gained strong upside momentum as traders focused on weak dollar.