What’s gold price outlook as markets shift from inflation to recession fears?

(Kitco News) Gold’s volatility has been relatively low compared to other assets as the precious metal retains its “mild bull market” status and trades comfortably between $1,800-$1,900 an ounce. But don’t expect a gold price rally until some confidence returns to the marketplace, according to MKS PAMP. There is a shift … Read more

Gold hasn’t lost its luster even as the Fed continues to raise rates – State Street’s George Milling-Stanley

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The gold market remains in a healthy position even as the Federal Reserve looks to raise interest rates … Read more

Europe Follows US Fed With Record-Breaking Rate Hikes

Following the US Fed’s biggest rate hike since 1994 on Wednesday, which brought oil prices down 1%, central banks across Europe on Thursday raised interest rates by record amounts in an effort to rein in inflation as energy prices soar. The biggest shocks came from the Swiss National Bank and the National Bank of Hungary. … Read more

Opinion: Bank of Canada would be wise to match US Federal Reserve’s plans for aggressive rate hikes

Governor of the Bank of Canada Tiff Maclem speaks at a press conference in Ottawa on June 9.PATRICK DOYLE/The Canadian Press The US Federal Reserve has just raised the bar on using interest rates to attack inflation. Now, the Bank of Canada has a few short weeks to decide whether it will follow. It should … Read more

US Federal Reserve hikes interest rate by largest amount since 1994

US Federal Reserve Chair Jerome Powell speaks during a news conference on interest rates, the economy and monetary policy actions, at the Federal Reserve Building in Washington on June 15.OLIVIER DOULIERY/AFP/Getty Images The US Federal Reserve has announced its largest interest rate increase since 1994, and said that it would continue pushing borrowing costs higher … Read more

Wall Street braces for possible Fed interest rate hike not seen since 1990s

Traders work on the floor of the New York Stock Exchange in New York City on June 14.Spencer Platt/Getty Images Investors are betting the US Federal Reserve will announce its first 75 basis point interest rate hike since 1994 on Wednesday – a sharp shift in market expectations in recent days as inflation proves more … Read more

How the crypto crash exposed the sector’s lies – and left retail investors in the lurch

The logo of Crypto.com at a stand during the Bitcoin Conference 2022 in Miami Beach, Fla., on April 6.MARCO BELLO/Reuters The best sales pitches are built around stellar stories, and the crypto sector concocted one for the ages: Buy bitcoin or any other digital asset, investors were told, or risk missing out on the future … Read more

It’s best to have gold as Fed won’t tame inflation – David Einhorn

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The gold market may be facing some difficult headwinds as the Federal Reserve continues to aggressively raise interest … Read more