Gold, Powell and Jackson Hole
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There is a renewed interest in gold, particularly in ETFs backed by gold. World Gold Council managing director Joe Cavatoni joins CNBC’s Leslie Picker to explain when risks and sentiment are unclear,
Throughout the gold bull market, we've seen a fairly consistent pattern. The current consolidation started in late April, and it's been about 4 months. Could a new breakout be coming soon?
Traders added to bets on the US central bank’s rate cut next month as Powell delivered his speech. Bullion typically benefit in a lower rate environment.
Gold futures fell but remained broadly rangebound in muted trading. The market remained fixed on the outlook for U.S. interest rates.
Gold experienced a robust rally over 12 months starting in April 2024, reaching a peak in April 2025. Click here for more information on Gold & Precious Metals.
U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will sell more short-term debt to meet that demand.
Gold may be a commodity, but its price moves more like prime Manhattan real estate than barrels of oil, Goldman Sachs analysts wrote in a Sunday note. That's because, unlike oil or gas, gold isn't consumed. It's accumulated. Buyers have been flocking to the precious metal in recent months, pushing gold to ever-higher price records.
Gold prices fell Rs 250 to Rs 1,00,370 per 10 grams in the national capital on Friday amid a weak global trend, according to the All India Sarafa Association.
But according to legendary investor Rick Rule — former president and CEO of Sprott U.S. Holdings — the dollar isn’t what it used to be. In a recent conversation with “Rich Dad, Poor Dad” author Robert Kiyosaki,