Weekly Headlines
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Gold Edges Higher as Markets Weigh Iran Talks
Gold moved higher as conflicting signals around U.S.-Iran diplomacy and renewed uncertainty in the Middle East. With geopolitical tension still feeding concern across energy and financial markets, gold continues to be closely watched.
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Gold Overtakes U.S. Treasuries as Top Reserve Asset
A new report says gold has moved ahead of U.S. Treasuries as the world's largest central bank reserve asset for the first time in roughly three decades. This suggests central banks may be placing greater value on diversification and hard assets.
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Goldman Warns Paychecks Are Losing Buying Power
Goldman Sachs is warning of a tight squeeze on American households. According to the report, real income growth has slowed to a pace "rarely seen outside of recession," as tariffs, energy costs, and slower wage growth eat into purchasing power.
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Inflation Pressure Spreads Beyond Gas Prices
Fast Company reports that while rising gas prices are the most visible inflation shock for Americans, recent PCE data suggests price pressure may be spreading deeper into the economy.
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$2 Trillion Deficit Projection Adds to America's Fiscal Warning Signs
The federal budget deficit is now projected to reach roughly $2 trillion this fiscal year, which would make it one of the largest deficits in U.S. history outside the pandemic era.
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NY Post Looks at Gold's Role in a Weary Economy
With inflation and debt continuing to pressure Americans, a recent NY Post article examines gold's historical role as a long-term store of value and how a Gold IRA may help diversify your savings beyond traditional paper assets.
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SILVER Act Puts Focus on Physical Metals Infrastructure
As interest in physical precious metals continues to grow, a new bipartisan bill is seeking to expand the number of approved precious metals storage sites across the U.S. and could help strengthen the infrastructure behind physical metals ownership and delivery.