Gold rose in the early Asian session amid ongoing Iran tensions.
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.
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.
The trade deficit fell a few months ago to a 16-year low, but it turns out it was fool's gold. The U.S. is still running a trade gap near historically high levels.
It's been a dramatic week in foreign exchange markets as a six-word comment on Tuesday by President Donald Trump intensified a selloff for the U.S. dollar, sending it to its lowest level in four years.
Gold hits record $5602 on solid fundamentals, not speculation. Central bank buying and dollar weakness fuel rally built on years of base-building.
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.
Step aside, central banks; investors are increasingly the power players in gold buying, keeping a fire lighted under the precious metal's historic rally.
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.
As investors digest the first serving of Mag 7 earnings, Marley Kayden and Sam Vadas offer their final takeaways from Wednesday's trading session. Among the highlights: gold's shimmering record rally, memory chips refusing to slow their momentum, and general resilience fueling it all on Wall Street and beyond.
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.