-
Is US De-Dollarization Driving Gold’s Surge?
A stellar 2024 for gold has largely been attributed to safe-haven plays typical of persistent inflation and geopolitical tension. But does that fully explain the yellow metal’s 19% surge year-to-date? Here’s why the growing "de-dollarization" movement may also be an underlying factor.
- Comments
- Subscribe
- Comment #1
- Quote
- Aug 9, 2024 1:11am Aug 9, 2024 1:11am
- ww3361
- | Joined Jun 2012 | Status: Member | 755 Comments
- Comment #2
- Quote
- Aug 9, 2024 1:29am Aug 9, 2024 1:29am
-
TudorIoan - Joined Dec 2015 | Status: Member | 3441 Comments
Member
-
- Older Stories
From business.nab.com.au|Aug 8, 2024The rise in the unemployment rate will accelerate the Fed’s easing cycle, which we still expect to start at the September meeting. • We now expect 100bps of cuts this year ...
From justice.gov|Aug 8, 2024A superseding indictment was returned yesterday charging two Iranian citizens, brothers Shahab Mir’kazei (Shahab) and Yunus Mir’kazei (Yunis), and one Pakistani citizen, Muhammad ...
From upi.com|Aug 8, 2024Russia declared a state of emergency in the Kursk region after Ukraine forces made an incursion into the country and Kyiv acknowledged their offensive for the first time. ...
-
- Newer Stories
From news.metal.com|Aug 9, 2024Overnight, LME copper opened at $8,759/mt, briefly rose at the beginning of the session, then fell to a low of $8,732.5/mt. It then fluctuated upwards, reaching a high of ...
From econbrowser.com|Aug 9, 2024|2 commentsTwo Quarters Net’s not a big one, but here’s an incomplete list: • David Rosenberg (Rosenberg Research). • Drew Matus (MetLife). • Stephanie Pomboy (MacroMavens). • Nancy Lazar ...
From destatis.de|Aug 9, 2024The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +2.3% in July 2024. The rate of change was +2.2% in June 2024 and ...
- Story Stats
- Posted: Aug 9, 2024 12:33am
- Submitted by:Category: Fundamental AnalysisComments: 2 / Views: 4,330
