-
Gold Leads as Faith in Fiat Falters
In September, spot gold increased $411.01 per ounce (or 11.92%) to close the month at $3,858.96, an all-time closing high. At the end of September, gold was 47.04% higher than at the start of the year, its best year-to-date performance since 1979. Gold is well on its way to being one of the best-performing asset classes for a second straight year. In the third quarter, spot gold rose $555.82 per ounce (or 16.83%), another exceptional quarterly performance. Gold broke out of its bullish flag (see Figure 1) and steadily extended its record-setting breakout throughout September. The initial price breakout catalyst was ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From msn.com|Oct 7, 2025Gold futures rose above $4,000 per ounce for the first time on Tuesday as many investors seek a “safe haven” for to park their money as the U.S. government shutdown continues. ...
From morningstar.com|Oct 7, 2025The U.S. dollar has been weakening all year in a sign of possible threats to its global standing. Meanwhile, gold is having its day in the sun, rising above $4,000 an ounce for ...
From youtube.com/cnbctelevision|Oct 7, 2025Robert Kaplan, Goldman Sachs vice chairman and former Dallas Fed president, joins CNBC's 'Squawk on the Street' to discuss how the government shutdown could impact markets and ...
-
- Newer Stories
From bbc.com|Oct 7, 2025The EU has announced plans to hike tariffs on imported steel in a move the UK's steel industry has said could be "perhaps the biggest crisis" it has ever faced. The commission has ...
From @PiQNewswire|Oct 7, 2025|1 commentFED'S MIRAN: NEUTRAL RATE HAS BEEN BUFFETED BY HUGE, UNUSUAL POPULATION SHOCKS Fed's Miran: Monetary policy needs to ease to get ahead of shift down in the neutral rate.
From kitco.com|Oct 7, 2025China's central bank added to its gold reserves for the eleventh straight month in September, the People's Bank of China (PBOC) announced on Tuesday. China's gold reserves rose to ...
- Story Stats
- Oct 7, 2025 1:58pm Posted byFundamental Analysis208
