Gold prices have soared to a record high of above $3,000 per ounce, prompting a breakout in mining stocks and renewed interest in precious and base metals amid mounting macroeconomic and geopolitical uncertainty.
Max Layton, Citi global head of commodities, joins 'Money Movers' to discuss the secondary tariffs lofted regarding Venezuela, if the tariffs could drive the price of oil higher, and much more.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Urs Dur, Zuoz Industrial principal, joins 'Squawk Box' to discuss the state of gold and the commodities market, impact of tariff policy uncertainty, and more.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold's glittering run has added some shine to investment portfolios despite the recent correction in the S&P 500.
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Gold edged higher in the morning Asian session, supported by geopolitical tensions.
As Trump escalates a global trade war, looking to gold to shield cash might not be the worst option
China's retail sales rise, but unemployment and weak industrial output dampen optimism. PBoC holds rates steady, clouding stimulus expectations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.