Month: August 2022
Wall Street Silver
Thu, 08/04/2022 – 04:07
- Gold Silver Rate Today: Gold and silver prices climb; here’s what you pay The Indian Express
- Gold, Silver Price Today: Gold and Silver Prices decline Today Outlook India
- Gold-Silver Price Today: Prices go down for a while – Monday, 1 August Business Standard
- Gold-Silver Price In Maharashtra on Thursday, 4 August 2022. Globe News Insider
- Gold, Silver Prices Today on August 4: Gold and silver rates shine, check latest prices News9 LIVE
- View Full Coverage on Google News
MarketWatch/Vivien Lou Chen/8-2-2022
“While such readings would be below June’s 9.1% reading and support the theory that inflation may have peaked at an almost 41-year high, the expectations of inflation-derivatives traders still adds up to what could be a lot of bad news for the broader market. The reason boils down to the length of time that high U.S. inflation persists, which would upend the hopes of investors, traders and policymakersfor a relatively quicker and meaningful slowdown in price gains.”
USAGOLD note: The progression should be a matter of concern for all investors. We have gone from “no problem” to “transitory” to “controllable” to “persistent” to “extremely daunting” (per former New YorkFed president William Dudley) – all in the space of a single year. As we have always said, inflation is not an event but a process.
![]()
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.
Bloomberg/John Authers/8-1-2022
“[Morgan Stanley Wealth Management’s Lisa Shalett] is sticking to the view that we’ve just witnessed a big bear-market rally, driven by investors who ‘seem to believe that inflation is defeated and expect the Fed will start cutting the fed funds rate as soon as next March.’”
USAGOLD note: Authers offers his answer to the question, “Are we there yet?” And the answer is “NOT!”
![]()
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.
- Gold Price Forecast: XAU/USD bulls commit to the task of the 61.8% golden ratio FXStreet
- Gold Price Forecast: Rally Reaches Resistance Ahead of US NFP – Levels for XAU/USD DailyFX
- Gold, silver see safe-haven and chart-based buying Kitco NEWS
- Gold firms near one-month peak on softer dollar, slowdown worries CNBC
- Gold prices top $1,800, end at one-month high as investors focus on U.S. recession odds MarketWatch
- View Full Coverage on Google News