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Gold rallies beyond $4,300/oz, set for best week in 17 years
Gold notched a new high above $4,300 an ounce on Friday and was poised for its best week in over 17 years, as signs of weakness in U.S. regional banks, global trade frictions, and further rate-cut hopes pushed investors to the safe-haven metal. Spot gold rose 0.9% to $4,362.39 per ounce, as of 0439 GMT, after scaling another record high of $4,378.69 earlier. U.S. gold futures for December delivery jumped 1.7% to $4,375.50. Bullion has risen about 8.6% this week and is headed for its best week since September 2008, notching a record high in each session. Spot silver rose 0.3% to $54.41 per ounce, set for an 8.2% ... (full story)
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From ec.europa.eu|Oct 17, 2025|1 commentThe euro area annual inflation rate was 2.2% in September 2025, up from 2.0% in August. A year earlier, the rate was 1.7%. European Union annual inflation was 2.6% in September ...
From apnews.com|Oct 17, 2025|19 commentsPresident Donald Trump is showing little urgency to broker a compromise that would end the government shutdown, even as Democrats insist no breakthrough is possible without his ...
From jpost.com|Oct 17, 2025In today's report, I want to talk about an exciting prospect that I firmly believe in and am personally investing in. I expect silver to surge at least tenfold from its current ...
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From @financialjuice|Oct 17, 2025|1 commentBoE's Pill: A more cautious pace of withdrawing monetary policy restrictions than seen over the past year may be appropriate BoE's Pill: There is a risk that self-sustaining inflationary dynamics embed in expectations BoE's Pill: There is a risk that self-sustaining inflationary dynamics embed in expectations
Evolving UK monetary policy in an evolving world − speech by Huw Pill It is a great pleasure to join you this morning for this year’s ICAEW annual conference. Thanks in particular to the Institute’s chief economist Suren Thiru for the invitation to speak, and to him and his team for all their constructive engagement with the Bank of England (BoE) over the past year. We find that interaction invaluable. * * * While I doubt it was chosen with this in mind, the theme of this year’s conference – Thriving in Transformation – is particularly apposite for those of us involved in the conduct of monetary policy at the BoE. In light of the recent Bernanke review of the Monetary Policy Committee (MPC)’s forecasting (and other monetary policy) processes, 1 BoE staff are engaged in a comprehensive innovation programme to renew and improve the preparation and communication of monetary policy decisions.2 It is perhaps for others to assess whether we are ‘thriving’ in this regard. But we are certainly ‘transforming’. That transformation is expressed in the evolution of our approach to taking monetary policy decisions – as the title of my remarks today flags. I know there is i
From bnnbloomberg.ca|Oct 17, 2025Gold prices have hit a record high, and central banks around the world are rushing to stockpile the metal. But Canada, which mines billions of dollars’ worth of gold each year, ...
From @LiveSquawk|Oct 17, 2025ECB’s Simkus: Like Idea Of A Risk-Management Cut - 2028 Price Forecast Important For Next ECB Move - Further Euro Appreciation Remains Possible - Inflation, Growth Risks Are More To Downside - If 2028 Inflation Below 2% Goal, We Should Act
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- Oct 17, 2025 4:22am Posted byFundamental Analysis240
