On Monday, gold reached an unprecedented peak as the dollar plummeted to its lowest level in three years. Concurrently, escalating trade tensions between the United States and significant trading partners heightened recession anxieties, prompting investors to gravitate towards this safe-haven asset. Gold prices have reached unprecedented levels, driven by a depreciation of the dollar and Read More
Do you recall the day when the price of a barrel of crude oil dropped below zero dollars. Five years later, prices are experiencing a downward trend once more; however, the underlying factors driving this shift differ from previous instances. Five years ago today, U.S. crude oil futures experienced an unprecedented decline, plunging below zero for Read More
Robert Kiyosaki, the author of Rich Dad Poor Dad Forecast: Bitcoin at $1 million, gold at $30,000, and silver at $3,000 by the year 2035. Robert Kiyosaki, the author of Rich Dad Poor Dad, anticipates a substantial increase in the valuations of Bitcoin, gold, and silver by the year 2035. He projects Bitcoin to attain Read More
Gold reaches unprecedented levels amid rising concerns over economic growth. On Wednesday, gold prices surged to an unprecedented peak, fueled by a declining dollar, escalating trade war tensions, and apprehensions regarding global economic growth stemming from U.S. President Donald Trump’s tariff initiatives, which prompted a significant influx into safe-haven assets. Gold, often regarded as a secure Read More
Oil prices remained stable early on Wednesday, amid uncertainty stemming from changing U.S. trade policies. Market participants are closely evaluating the potential repercussions of the U.S.-China trade conflict on economic growth and energy demand. Brent crude futures experienced a modest increase of 5 cents, or 0.1%, reaching $64.72 per barrel as of 0039 GMT. Meanwhile, Read More
Gold, often regarded as a secure investment amid geopolitical and economic turmoil, has reached several record highs this year, particularly benefiting from a low-interest-rate climate. Gold reaches unprecedented levels amid rising concerns over economic growth. On Tuesday, gold prices surged to an unprecedented peak, propelled by a declining dollar, escalating trade war tensions, and apprehensions regarding Read More
Gold prices experience a decline as former President Trump alleviates trade tensions by implementing tariff exemptions. Gold prices experienced a decline on Monday following U.S. President Donald Trump’s decision to alleviate trade tensions by providing tariff exemptions on smartphones, computers, and various other electronics predominantly sourced from China. Spot gold experienced a decline of 0.4%, trading Read More
Oil prices remain steady as the ongoing US-China trade conflict continues to impact the global growth forecast. Oil prices remained steady in early trading on Monday, amid rising concerns that the intensifying trade conflict between the United States and China could hinder global economic growth and negatively impact fuel demand. Brent crude futures experienced a slight Read More
As the trade battle develops and the dollar continues to decline, gold crosses $3,200. Gold broke the $3,200 mark on Friday as investors fled fears of a recession, a sinking dollar, and a trade war between the United States and China. At 2:30 p.m. Eastern Time, spot gold was trading at $3,235.89 per ounce, representing Read More
U.S. natural gas futures experienced an 8.1% decline over the past week, as the market faced significant volatility driven by tariffs. Meanwhile, near-term fundamentals continue to indicate a bearish outlook as the industry transitions into the low-demand shoulder season. NatGasWeather.com has indicated in a recent note that assessing the impact of weather trends on prices Read More
