Precious Metals News
Gold and Bitcoin Split as Bank of America Sounds the Alarm on Stagflation
A clear divide has opened between gold and bitcoin in recent months, with gold surging to record highs while bitcoin has sold off sharply. Adding to the unease, Bank of America has issued a stark warning about rising inflation risks and the potential for stagflation.
Gold and Silver Hit Record Highs as Geopolitical Risks Shake Markets
Gold and silver surged to record-high prices as global markets reacted to renewed geopolitical uncertainty, largely tied to the dispute over Greenland, which rattled risk assets and pushed investors toward safe-haven metals. Analysts say there is more reason for gold to consolidate or move higher than to experience a sharp selloff.
Dollar Slides as Confidence in Fed Autonomy Ripples Through Markets
The U.S. dollar weakened as markets digested a criminal investigation into Federal Reserve Chair Jerome Powell, stoking concerns about threats to the Fed's independence. Investors are reassessing confidence in U.S. policy stability amid political pressure on monetary policy.
Silver Climbs to New Peak On Fed Independence Concerns
Silver surged to new all-time highs as renewed worries over the Federal Reserve's independence, sparked by a DOJ subpoena and political pressure, boosted safe-haven demand and inflation risk expectations.