Month: March 2022
February was another very strong jobs month with the economy adding an estimated 678k jobs vs an expected 400k. The unemployment rate came in at 3.8%, down from 4%. Labor force participation also improved, rising from 62.2% to 62.3%. Both December and January were revised upwards. Figure: 1 Change by sector Last month explained how seasonal […]
The post Blog first appeared on SchiffGold.
As Russia's intrusion of Ukraine increased this week, gold spiked to $1,970 an ounce. New sanctions against Russia activated massive jumps in commodity prices as well. Wheat is up about 40% on the week, palladium is up 22%, as well as oil is up 20%.
Worries of stagflation also started to slip in, with concerns over high product rates influencing rising cost of living and also slowing down growth. Below's a consider Kitco's leading three stories of the week:
3. 'Every little thing is so unclear': Fed is anxious Ukraine battle might push inflation greater, slow-moving development, claims Powell
2. Is Russia' panic gold buying'? And also is panic-selling about to kick in?
1. Gold price to strike $2,150 on Russian invasion, 'really high inflation path'– Goldman Sachs
__________________________________________________________________
Kitco Information is the world's # 1 source of steels market info. Our videos include meetings with prominent market numbers to bring you market-affecting understandings, with the objective helpful people make notified investment decisions.
Register for our channel to keep up to day on the latest understandings relocating the steels markets.
For more breaking information, visit
Follow us on social media sites:
Facebook –
Twitter –
StockTwits –
Online gold price and charts:
Live silver rate and also charts:
Don't fail to remember to sign up for Kitco News' Weekly Roundup– appears every Friday to summarize the best stories & video clips of the week:
Join the conversation @ The Kitco Forums and also be part of the premier on the internet community for precious metals investors:
Disclaimer: Videos are not trading suggestions as well as the sights revealed may not reflect those of Kitco Metals Inc
.
What if the Ukraine crisis doesn’t end?
Eurasia Team President and 'The Power of Dilemma' writer Ian Bremmer on the most likely economic results of Putin's intrusion of Ukraine. #FOXBusiness
Register For Fox Service!
Enjoy extra Fox Company Video:
View Fox Company Network Live:
FOX Company Network (FBN) is a monetary news channel delivering real-time information across all systems that influence both Main Road and also Wall Road. Headquartered in New York– business funding of the globe– FBN released in October 2007 as well as is among the leading service networks on tv, having actually covered CNBC in Business Day audiences for the second consecutive year in 2018. The network is offered in nearly 80 million homes in all markets throughout the United States. Owned by FOX Firm, FBN is an unit of FOX Information Media and also has bureaus in Chicago, Los Angeles, as well as Washington, D.C.
Follow Fox Service on Facebook:
Adhere To Fox Business on Twitter:
Adhere To Fox Organization on Instagram: