The Global Silver Market Is Breaking Down
We’re witnessing another stunning day in the gold and silver markets, as the gold futures are currently up over $265 on the session, while both the silver futures and spot price are back above $115.
Fed Holds Rates Steady At The Top Of The Neutral Range
The Fed left monetary policy unchanged in a range between 3.5% and 3.75%, but the accompanying statement and press conference suggested the Fed is more confident that the policy easing cycle is close to a conclusion.
The Personal Savings Rate Has Reached A Low 3.5%
The personal savings rate in the US is approaching very low levels, near 3.5%. Savings levels were as high as 30% during COVID, but have decreased since then...
Gold Jumps Above $5,500 For The First Time On Record
Gold price surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday.