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Gold Climbs to Record on Bank Woes, Fed Bets and Trade Tensions
Gold rose to a record, boosted by concerns about credit quality in the economy, bets that the Federal Reserve will press on with monetary easing and heightened US-China frictions. Bullion has risen more than 7% so far this week and touched a peak above $4,300 an ounce on Thursday, extending a breakneck rally that began in August. The buying spree has spread to other precious metals, with silver surging to a record above $54. Broader markets were jolted as two regional lenders disclosed problems with loans involving allegations of fraud, adding to concern that more cracks are emerging in borrowers’ creditworthiness. ... (full story)
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From morningstar.com|Oct 16, 2025As global central bankers, finance ministers and private-sector bankers gather in Washington this week for the annual meetings of the International Monetary Fund and the World ...
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- Oct 16, 2025 4:51pm Posted byFundamental Analysis235
